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Asia Stocks Gain as South Korea’s KOSPI Rebounds Sharply

Asian stocks were broadly higher on Friday, driven by strong gains in South Korean equities and a rebound in Chinese stocks. The KOSPI index...

EURJPY Resumes Decline – Forecast for January 3, 2025

The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20, triggering a negative move that has seen...

Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion

Gold prices were largely unchanged in Asian trading on Friday, marking a period of subdued market activity typical for the year-end. The precious metal...

Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?

The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking...

“Bitcoin as Future Currency” – US Space Company Buys $21 Million Worth

KULR Technology Group, a space technology company listed on the New York Stock Exchange (NYSE), has made...

Brazilian Stocks Close Higher, Bovespa Rises 0.01%

Brazilian stocks finished higher on Monday, with gains in the Electric Power, Basic Materials, and Telecom sectors...

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EUR/USD Price Forecast Update – October 16, 2024

The EUR/USD currency pair is currently attempting to break the $1.0880 level, reinforcing expectations for the continuation of the prevailing bearish trend throughout the...

GBP/USD Forecast Update – October 16, 2024

The GBP/USD currency pair is currently experiencing significant downward pressure, successfully reaching our initial target of $1.3000. The price is now attempting to break...

Can the Stock Market Keep Going Up? Market Watchers Think So

Stocks have experienced a notable rally since the Federal Reserve lowered interest rates a month ago, leading investors to speculate that this could signal...

AMD and Intel Join Forces Amid Slumping Semiconductor Stocks Following ASML Outlook

BELLEVUE, Washington — In a strategic move to bolster their positions in the semiconductor market, American chipmakers AMD and Intel announced a partnership on...

Asian Chip Stocks Decline Following ASML’s Weak Sales Forecast; TSMC Earnings on the Horizon

Asian chipmaking stocks experienced a downturn on Wednesday, following a lackluster sales forecast for 2025 from industry leader ASML. Market attention is now shifting...

European Stocks Decline Amid Weak Earnings; Pound Weakens on Inflation Data: Markets Wrap

European equities declined on Wednesday as disappointing earnings from the luxury sector fueled concerns about the profit outlook for the semiconductor industry. The British...

Soybean Prices Continue Downward Trend: Forecast for October 15, 2024

Soybean prices are experiencing further declines, having reached the extended target of $1,004.00. Market analysts anticipate additional downward movement in the coming sessions, with...

GBPJPY Struggles to Confirm Breakout: Forecast for October 15, 2024

The GBPJPY currency pair concluded yesterday’s trading below the 195.60 resistance level, resulting in new sideways fluctuations as it approaches the support line of...

EURJPY Shows Positive Momentum: Forecast for October 15, 2024

The EURJPY currency pair is demonstrating signs of positivity, maintaining stability in recent sideways trading around the 163.00 level. The consistent support above the...

EURNZD Remains Bearish: Forecast for October 15, 2024

The EURNZD currency pair continues to exhibit a bearish trend, consistently closing below the 1.8100 resistance level. The 1.7985 level has emerged as an...

Nvidia and Other Chip Stocks Surge Amid Sustained AI Spending Momentum

Nvidia's shares closed at a record high on Monday, buoyed by a continued surge in AI hardware stocks driven by robust investor enthusiasm over...

Asian Semiconductor Stocks Surge Following Nvidia’s Record High

Asian semiconductor stocks experienced a notable rise on Tuesday after Nvidia's shares closed at a record high overnight, propelled by the company's ongoing success...

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