Monthly Archives: June, 2024

Gold Prices Hold Steady as Dollar Strengthens on Prospects of Fewer Rate Cuts

Gold prices remained relatively unchanged during Asian trading hours on Friday, as the dollar saw a resurgence, fueled by indications of potentially fewer interest...

Oil Prices Set for Best Week in Over 2 Months on Demand Outlook and OPEC+ Compliance

Oil prices are showing signs of moderation on Friday as investors weigh the implications of U.S. interest rates remaining elevated for an extended period....

Indonesia Stocks Close Lower; IDX Composite Index Falls 1.26%

Indonesia stocks concluded Friday's session on a downward trajectory, with losses primarily driven by the Infrastructure, Financials, and Agriculture sectors. By the close in Jakarta,...

Investment Banks Raise Broadcom Price Targets Following Strong Results

Broadcom (NASDAQ:AVGO) recently unveiled robust quarterly results, prompting several investment banks to revise their price targets upwards. The chipmaker upgraded its annual revenue forecast for...

CHFJPY Shows Renewed Positive Momentum – Forecast for Today, June 13, 2024

CHFJPY Price Analysis Expected Scenario The CHFJPY price has once again settled above the 175.25 level, serving as additional support for bullish trades. Currently, the pair...

Gold Prices Retreat Amid Fewer Expected Rate Cuts

In Asian trading on Thursday, gold prices experienced a decline, hovering near recent lows as the Federal Reserve revised down its forecast for interest...

Oil Prices Retreat Following Unexpected Increase in US Inventories and Hawkish Fed Statements

Oil prices experienced a decline in Asian trading on Thursday, prompted by official data revealing an unexpected build in U.S. crude inventories. Additionally, the...

Oil Prices Decline Amid US Growth Concerns and Abundant Crude Supply

Early trade on Thursday saw a drop in oil prices as investors processed the likelihood of the U.S. Federal Reserve postponing a potential interest...

Bitcoin Price Remains Steady at $67k Amid Rate Cut Indications and Softer Inflation

Bitcoin's price exhibited minimal movement on Thursday following a volatile session, as the Federal Reserve's projection of sustained high interest rates overshadowed indications of...

Indonesia Stocks Close Higher: IDX Composite Index Up 0.31%

Jakarta, Indonesia - Following Thursday's trading session, Indonesia's stock market witnessed an upward trend, with gains primarily driven by the Financials, Agriculture, and Basic...

European Auto Stocks Decline Amid Concerns Over China’s Tariff Response

On Thursday, some of Europe's largest car manufacturers witnessed a further decline in their stocks amidst growing apprehension regarding China's potential reaction to the...

Wise Shares Slide Amid Weak Outlook for 2025 Fiscal Year

London-listed shares in Wise PLC (LON) shed more than 14% of their value on Thursday after the British money transfer group unveiled a weaker...

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