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Hong Kong Stocks Reverse Losses as Meituan and Mengniu Surge; Li Auto and EV Peers Struggle

Hong Kong stocks rebounded from an early decline to close positively, buoyed by Meituan's stronger-than-expected earnings and its plans for increased stock buybacks. The...

Copper Price Forecast: August 29, 2024

Copper prices have reaffirmed their bearish trend by closing several times below the $4.3300 barrier. This decline is compounded by negative signals from major...

Corn Price Forecast: August 29, 2024

Corn prices remain confined within a range, currently bounded by the support level at $387.30 and the declining resistance line at $394.00. Neutrality is...

Wheat Price Forecast: August 29, 2024

Wheat prices have confirmed a breakout above $536.00, initiating a bullish trend on an intraday basis. The next target is set at $564.60, with...

Platinum Price Forecast: August 29, 2024

Platinum prices have confirmed a bearish trend by falling below the additional support level of $942.00 yesterday, resulting in a drop to $929.50. The 55-day...

NZD/USD Price Forecast: August 29, 2024

The NZD/USD currency pair has encountered solid resistance at the $0.6300 level, showing some bearish tendencies. The focus now shifts to finding positive momentum...

What is India’s Main Stock Index?

India's financial markets have grown exponentially in recent decades, becoming a focal point for investors globally. At the heart of these markets lies the...

Sugar Prices Maintain Upward Momentum – Forecast for August 28, 2024

Sugar prices have continued their bullish rally, surpassing the initial target of $19.60 and approaching $20.04. This ongoing strength suggests further gains may be...

Wheat Prices Test Resistance – Forecast for August 28, 2024

Wheat prices surged yesterday, challenging the resistance level at $532.10 and making attempts to hold above it. Despite this, current technical indicators are showing...

EUR/JPY Begins Downward Trend – Forecast for August 28, 2024

The EUR/JPY currency pair ended yesterday with a close below the key level of 161.60, reinforcing the previously anticipated bearish trend. The pair is...

Natural Gas Prices Experience Losses – Forecast for August 28, 2024

Natural gas prices continue to be under pressure, influenced by negative momentum from key technical indicators and resistance at the $2.250 level. This has...

EUR/CHF Continues Downward Trend – Forecast for August 28, 2024

The EUR/CHF currency pair has confirmed its adherence to the bearish trend, moving within a defined bearish channel. The price, currently approaching the 0.9495...

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