Monthly Archives: May, 2024

Japanese Yen Weakens to 4-Week Low, Euro Slips Post German Inflation Data

On Wednesday, the Japanese yen touched its lowest level in four weeks against the US dollar amid escalating US yields, fostering a resurgence in...

Gold Prices Hold Steady Amidst Rate Uncertainty; Copper Remains Flat with China in the Spotlight

In Asian trading on Wednesday, gold prices maintained stability as market attention remained fixed on forthcoming indicators regarding U.S. inflation and interest rates. However,...

Oil Prices Rise on Expectations of OPEC+ Maintaining Output Cuts and Summer Demand Surge

In Asian trading on Wednesday, oil prices saw an uptick as market participants anticipated major producers to uphold output cuts at an upcoming meeting...

UBS Bullish on Oil, Gold, and Copper Amid Geopolitical Uncertainty

UBS reaffirmed its optimistic stance on oil, gold, and copper amidst escalating geopolitical tensions in the Middle East. The recent surge in tensions was triggered...

Bitcoin Holds Steady at $68k Amidst Rate Concerns, MT Gox Risk Subsides

Bitcoin experienced marginal gains on Wednesday, maintaining its position within a recent trading range as apprehensions regarding U.S. inflation and interest rates deterred traders...

Goldman Sachs Identifies Four Buying Opportunities in European Small Caps

European small caps have experienced a notable decline of 13% since the close of 2021, in stark contrast to the 11% rise observed in...

American Airlines Sees 8% Pre-market Decline as Q2 Earnings Outlook Slashed

In premarket trading on Wednesday, shares of American Airlines (NASDAQ ) plunged over 8% following the company's announcement of a downward revision in its second-quarter...

How much gold is deducted while selling?

Selling gold can be a lucrative endeavor, whether you're looking to cash in on investment holdings, liquidate jewelry, or divest assets. However, it's essential...

What is the Swiss franc prediction for 2024?

As we enter 2024, investors, economists, and policymakers are keen to anticipate the trajectory of the Swiss Franc (CHF), one of the world's most...

What is the correlation between gold and Swiss franc?

Gold and the Swiss Franc (CHF) are two renowned safe-haven assets that investors often turn to during times of economic uncertainty or market volatility....

What do you mean by composite index?

Composite indexes are pivotal in the world of finance and economics, serving as essential tools for tracking market performance, economic trends, and investment potential....

What are the US composite indexes?

In the realm of financial markets, composite indexes play a crucial role in providing investors and analysts with a comprehensive view of market performance....

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