Monthly Archives: May, 2024

Bitcoin Price Stalls at $65k but Poised for Strong Weekly Bounce

Bitcoin experienced a slight decline on Friday, relinquishing some of the gains amassed over the preceding two days, as a series of cautionary statements...

Foreign Investors Sell Asian Bonds in April Amid Strong Dollar and Fed Uncertainty

For the second consecutive month in April, foreign investors found themselves as net sellers of Asian bonds, influenced by a robust U.S. dollar and...

Australia’s S&P/ASX 200 Index Slips 0.85% Amid Declines in IT, Healthcare, and A-REITs Sectors

Australia's stock market witnessed a downturn as losses in the IT, Healthcare, and A-REITs (Australian Real Estate Investment Trusts) sectors dragged shares lower on...

Japan’s Nikkei 225 Falls 0.40% as Power, Retail, and Real Estate Sectors Dip

Japan's stock market witnessed a downturn on Friday's close, with losses in the Power, Retail, and Real Estate sectors leading shares lower. The Nikkei 225...

What is a bull credit spread in forex?

In the dynamic world of forex trading, mastering various strategies is essential for maximizing profitability while managing risks effectively. One such strategy is the...

Asia FX Gains Ground as CPI Data Weakens Dollar, Fuels Rate Cut Speculation

Most Asian currencies saw gains on Thursday following softer U.S. consumer inflation readings that pushed the dollar to a one-month low, prompting traders to...

Dollar Expected to Steady Amid Economic Uncertainty

The U.S. dollar is poised to stabilize in the upcoming weeks as recent economic indicators present a mixed picture of the American economy. Following...

Julius Baer Highlights Central Banks’ Shift from US Bonds to Gold, Impacting Price Trends

The notable resurgence in gold prices finds support from central banks increasingly diversifying their portfolios away from US Treasury securities and towards gold, according...

Oil Prices Rally as Soft CPI Weakens Dollar and US Inventories Decline

Oil prices surged in Asian trading on Thursday, extending gains from the previous session as a softer-than-expected U.S. consumer inflation reading weakened the dollar...

Gold Prices Approach $2,400 Mark Amid CPI Data, Sparking Rate Cut Speculation

Gold prices stabilized during Asian trading on Thursday following robust gains in the previous session, propelled by soft inflation data that drove the dollar...

Oil Prices Surge Amid Slower US Inflation and Robust Demand

Oil prices saw a continued upward trend on Thursday, building on gains from the previous session. The surge was attributed to signs of heightened...

Japan Stocks Higher at Close of Trade; Nikkei 225 Up 1.41%

Japan stocks ended the trading session on Thursday on a positive note, with gains seen in the Manufacturing, Mining, and Precision Instruments sectors leading...

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