Monthly Archives: May, 2024

Asia FX Remains Subdued Ahead of Fed Minutes; NZD Surges on Hawkish RBNZ

On Wednesday, most Asian currencies maintained a narrow range as the dollar stabilized, awaiting further signals on U.S. interest rates from the Federal Reserve's...

Oil Prices Extend Decline on Surprise US Inventory Build and Rate Concerns

In Asian trading on Wednesday, oil prices continued their downward trend as industry data revealed an unexpected increase in U.S. inventories, while ongoing apprehensions...

Gold Prices Retreat Amid Fed Rate Jitters; Copper Falls as Speculative Frenzy Cools

In Asian trading on Wednesday, gold prices experienced a decline, moving further away from recent record highs as concerns regarding elevated U.S. interest rates...

Oil Prices Slide for Third Consecutive Day Amid Concerns of Prolonged US Interest Rate Hikes

Oil prices dipped by over 1% on Wednesday, marking their third consecutive day of decline. This downward trend is attributed to growing expectations that...

Analysis: Bulls Rush into Chinese Stocks as Foreign Investors Tread Cautiously

Chinese domestic investors are seizing opportunities in the country's stock market, buoyed by recent government measures aimed at bolstering the economy. However, foreign investors...

Viasat Shares Decline as Slowing Fixed Broadband Impacts Revenue Outlook

Viasat experienced a sharp decline in its shares, tumbling over 11% after-hours on Tuesday, following the company's announcement of a revenue forecast below Wall...

Asian Stocks Rangebound with Fed Minutes, Nvidia Earnings in Focus

Asian stocks experienced a mixed and subdued trading session on Wednesday, with investors closely monitoring developments surrounding U.S. interest rates and corporate earnings, particularly...

Hedge Funds Trim Holdings in Mega-Cap Tech Stocks, Seeking New Opportunities: Goldman

According to Goldman Sachs, the average US long/short equity hedge fund has seen an 8% return since the beginning of 2024, largely driven by...

What is High Octane Gasoline?

High octane gasoline, often associated with high-performance vehicles and racing, plays a crucial role in optimizing engine performance and efficiency. This article delves into...

How Does Spread Work in NBA and Forex?

Spreads play a crucial role in both NBA betting and Forex trading, though their applications in these contexts are quite different. In sports betting,...

What can I do with Bitcoin on Cash App?

Bitcoin, the pioneering cryptocurrency, has increasingly gained mainstream acceptance and usage. Cash App, a popular mobile payment service developed by Square, Inc., provides a...

What benefits do mutual funds offer investors?

Mutual funds have long been a cornerstone of investment portfolios, offering a wide range of benefits to both novice and seasoned investors. By pooling...

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