Monthly Archives: May, 2024
Gold Prices Steady but Head for Steep Weekly Losses Amid Waning Rate Cut Hopes
Jennifer -
Gold prices stabilized in Asian trading on Friday after experiencing significant declines throughout the week. Concerns about prolonged high interest rates in the U.S....
Oil Prices Stable Amid U.S. Rate Fears and Seasonal Demand Strength
Jennifer -
Oil prices held steady on Friday, with investors weighing the latest statements from the U.S. Federal Reserve regarding interest rates amidst persistent inflation concerns....
Asian Stocks Hit by Rate Jitters, China Extends Losses
Jennifer -
Most Asian stocks experienced declines on Friday, mirroring the weakness observed in Wall Street, as concerns over persistent U.S. inflation and the likelihood of...
Australia Stocks Lower at Close of Trade; S&P/ASX 200 Down 1.08%
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May 24, 2024 - Australia stocks closed lower on Friday, with losses in the Consumer Discretionary, A-REITs, and IT sectors leading shares downward. At the...
Japan Stocks Lower at Close of Trade; Nikkei 225 Down 1.27%
Jennifer -
May 24, 2024 - Japan stocks closed lower on Friday, with losses in the Shipbuilding, Steel, and Gas & Water sectors leading shares downward. At...
Dollar Strengthens on U.S. Business Activity Boost
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The dollar strengthened against the euro following the release of data indicating a surge in U.S. business activity, signaling a potential acceleration in economic...
Where is Blockchain Mostly Used?
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Blockchain technology, often associated with cryptocurrencies like Bitcoin, has evolved far beyond its original use case. Its unique attributes—decentralization, transparency, security, and immutability—make it...
How to deal with spread in forex?
Jennifer -
Navigating the forex market requires a nuanced understanding of various factors influencing currency pairs' prices. One critical aspect that traders encounter is the spread—the...
Is Now a Prudent Time to Invest in Oil Companies?
Jennifer -
In the realm of investing, the energy sector, particularly oil, has long been a focal point for investors seeking opportunities for growth and stability....
BofA Forecasts EUR-USD to Reach 1.12 by Year-End, Exceeding Consensus
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Bank of America (BofA) has unveiled its currency market forecast, predicting the EUR-USD exchange rate to hit 1.12 by the close of 2024. Analysts...
UBS Identifies Support for US Natural Gas Prices Amid Export Growth
Jennifer -
UBS has shed light on recent developments influencing US natural gas prices, highlighting two primary factors bolstering prices this month. Firstly, US natural gas production...
UBS Identifies Support for US Natural Gas Prices Amid Export Growth
Jennifer -
UBS has shed light on recent developments influencing US natural gas prices, highlighting two primary factors bolstering prices this month. Firstly, US natural gas production...
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