Tag: market
Gold Price Sticks to Negative Bias, Poised for Third Straight Week of Gains
Jennifer -
Gold prices continue to face some pressure as the US Dollar (USD) strengthens slightly, prompting traders to take profits. Despite this, the precious metal...
The Commodities Feed: Sanctions Push Oil Higher
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Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...
Markets React as Powell Dismisses Recession Fears, USD Slips
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Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
Libya’s Economy Under Strain as Foreign Currency Sales Skyrocket Amid Falling Oil Revenues
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TRIPOLI – Libya’s foreign currency sales have surged dramatically, far outpacing the country’s declining oil revenues, raising concerns over financial stability and foreign exchange...
Australia’s Job Market Decline Fuels Rate-Cut Speculation
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SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs, primarily in full-time roles. The downturn, which...
Indonesia Takes Action to Stabilize Currency and Market After Decline
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Indonesia's financial authorities have implemented a series of measures aimed at stabilizing the financial markets following a sharp fall in the country's stock market...
Brent Oil Price Forecast – March 14, 2025
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Brent oil prices are making a push to break above the $70.75 level, which, as highlighted earlier, is a key threshold for the next...
Macro Funds Give Up Early Gains Amidst Mixed Hedge Fund Performance in February
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February was a month of mixed performance for hedge funds, with volatility proving to be both a challenge and an opportunity. According to analysis...
Asia Stocks Up: China Jumps on PBoC Rate-Cut Pledge; Trump Trade War Caps Gains
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Most Asian stocks saw gains on Friday, with Chinese shares surging to a two-month high following the central bank’s promise to implement interest rate...
Hong Kong Stocks End 5-Day Slip on Surge in Mainland Markets
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Hong Kong stocks made a strong rebound on Friday morning, recovering from a 907-point loss over the past five trading days. The Hang Seng...
Focused Funds See 60% Jump in Inflows in February Amid Market Volatility
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In February, Focused Funds experienced a significant surge in inflows, with a 60% increase, reaching Rs 1,288 crore despite ongoing market volatility. This was...
European Markets Close Lower Amid Rising U.S.-Canada Trade Tensions
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European stock markets closed lower on Tuesday, extending losses as trade tensions between the U.S. and Canada intensified. The pan-European Stoxx 600 index ended...