Monthly Archives: November, 2024

Nvidia to Replace Intel on Dow Jones: A New Era for the Chip Giant in Top-Tier Stocks

In a significant shift for the Dow Jones Industrial Average, chip giant Nvidia is set to replace Intel in the prestigious index starting November...

Mid and Small-Cap Stocks Outlook: Worst Not Over Yet, Analysts Caution

The ongoing correction in mid and small-cap stocks (SMID) is expected to continue, according to analysts who voiced concerns on Monday. The Nifty MidCap100...

Rupee Slips to Record Low, Pressured by Slide in Local Equities

MUMBAI, Nov. 4 — The Indian rupee fell to an all-time low on Monday, reaching 84.11 against the U.S. dollar, surpassing its previous record...

U.S. Dollar Closes Lower on Taipei Forex Market

Taipei, Nov. 4 — The U.S. dollar experienced a decline against the Taiwan dollar on Monday, falling by NT$0.007 to close at NT$31.961. During the...

8 OPEC+ Members Extend Voluntary Oil Output Cuts by One Month

VIENNA: Eight member countries of the OPEC+ oil-producing group announced on Sunday that they will extend their voluntary output cuts by one month, continuing...

Goldman Sachs Predicts Gold Prices Could Reach $3,000 by End of 2025

Gold prices are poised to reach $3,000 per troy ounce by the end of 2025, according to Lina Thomas, a commodities strategist at Goldman...

BCG Estimates Tokenization Could Boost Mutual Fund Returns by $100 Billion

Boston Consulting Group (BCG) has recently published a whitepaper in collaboration with Aptos Ascend and Invesco, predicting that the tokenization of mutual funds could...

Swedish Fund Selection Agency Announces Award Decisions for European Equity Funds

The Swedish Fund Selection Agency has revealed its decisions regarding the procurement of European equity funds (index) for the Premium Pension Fund platform. Four...

Indonesia Stocks Lower at Close; IDX Composite Index Declines 0.92%

Indonesia's stock market closed lower on Friday, with the IDX Composite Index dropping by 0.92% as losses in the infrastructure, financial, and agriculture sectors...

Bitcoin Price Update: Continued Decline and Forecast for November 1, 2024

The price of Bitcoin (BTCUSD) continues to experience downward pressure, achieving the negative target of $69,605 outlined in our previous technical analysis. The cryptocurrency...

EURNZD Price Update: Bullish Breakthrough and Forecast for November 1, 2024

The EURNZD currency pair has successfully resumed its bullish momentum, breaking through the resistance level at 1.8150. This move confirms a shift towards a...

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