Tag: market
UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
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UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...
Gold Prices Edge Higher Amid U.S. Labor Market Data, Dollar Strength Limits Gains
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Gold prices edged up in early Asian trade on Friday, positioning themselves for a modest weekly gain as ongoing uncertainty over U.S. interest rates...
Oil Prices Set for Third Consecutive Weekly Gain Amid Rising Winter Fuel Demand
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Oil prices rose in early Asian trade on Friday, poised for a third consecutive week of gains, driven by increasing fuel demand due to...
Sunac China Shares and Bonds Plunge After Liquidation Petition Filed
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Shares and bonds of Sunac China fell sharply on Friday following the filing of a liquidation petition against the property developer, raising further concerns...
Next Wave of U.S. Crypto ETFs Set to Launch After Blockbuster 2024 Debut
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The beginning of 2024 marked a historic moment for the cryptocurrency industry, as the launch of U.S. spot bitcoin exchange-traded funds (ETFs) was anticipated...
TSMC Sees 58% Surge in December Sales Driven by AI Demand
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Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM) reported a significant 58% increase in sales for December, buoyed by strong demand from the rapidly expanding artificial...
Australia’s 2025 Equity Returns: Focus on Earnings, Not Valuations – Macquarie
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Australian equity markets are expected to have a cautious start to 2025, with rising bond yields and ongoing economic uncertainty likely dampening growth in...
U.S. Stock Futures Steady After Apple and Tesla Losses Weigh on Wall Street
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U.S. stock index futures steadied on Thursday evening following a weak start to 2025, triggered by losses in Apple and Tesla, two of Wall...
Asia Stocks Gain as South Korea’s KOSPI Rebounds Sharply
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Asian stocks were broadly higher on Friday, driven by strong gains in South Korean equities and a rebound in Chinese stocks. The KOSPI index...
Australia Stocks Close Higher; S&P/ASX 200 Gains 0.60%
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Australian stocks ended the trading session higher on Friday, with significant gains in the Gold, Energy, and A-REITs sectors driving the overall market upward....
Biden to Block U.S. Steel Sale to Japanese Buyer, Sources Confirm
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U.S. President Joe Biden has decided to block Nippon Steel's proposed $14.9-billion acquisition of U.S. Steel, a move that is expected to end the...
Crude Oil Price Surpasses Initial Target, Eyes Further Gains
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Crude oil prices have successfully reached the first target of $72.15, marking a significant milestone in the ongoing bullish trend. As of today, the...