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UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
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
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...
Next Wave of U.S. Crypto ETFs Set to Launch After Blockbuster 2024 Debut
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...
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TSMC Sees 58% Surge in December Sales Driven by AI Demand
Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM) reported a significant 58% increase in sales for December, buoyed by...
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Australia’s 2025 Equity Returns: Focus on Earnings, Not Valuations – Macquarie
Australian equity markets are expected to have a cautious start to 2025, with rising bond yields and...
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U.S. Stock Futures Steady After Apple and Tesla Losses Weigh on Wall Street
U.S. stock index futures steadied on Thursday evening following a weak start to 2025, triggered by losses...
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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...
Taiwan Stocks Close Lower; Taiwan Weighted Index Falls 0.88%
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Taiwan's stock market closed lower on Friday, with losses in key sectors including Oil, Gas & Electricity, and Computers & Peripherals contributing to the...
EURJPY Resumes Decline – Forecast for January 3, 2025
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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...
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...
Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion
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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?
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The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
“Bitcoin as Future Currency” – US Space Company Buys $21 Million Worth
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KULR Technology Group, a space technology company listed on the New York Stock Exchange (NYSE), has made a significant move by purchasing $21 million...
Brazilian Stocks Close Higher, Bovespa Rises 0.01%
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Brazilian stocks finished higher on Monday, with gains in the Electric Power, Basic Materials, and Telecom sectors boosting market sentiment. The Bovespa index edged...
Colombian Stocks Close Lower, COLCAP Index Drops 0.17%
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Colombian stocks ended the trading session lower on Monday, as losses in the Financials, Investment, and Public Services sectors weighed on the market. The...
Mexico Stocks Close Lower; S&P/BMV IPC Falls 0.77%
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Mexican stocks finished lower on Monday, driven by losses in the Industrials, Consumer Goods & Services, and Consumer Staples sectors. The S&P/BMV IPC index...
U.S. Stocks Close Lower, Dow Jones Drops 0.97% as Sectors Weigh on Markets
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U.S. stocks ended lower on Monday, with significant losses in the Consumer Goods, Basic Materials, and Healthcare sectors leading the decline. At the close of...
Pfizer Ends Collaboration with Sangamo, Shares Plunge 27%
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Sangamo Therapeutics saw its stock price plummet by approximately 27% following Pfizer's (NYSE: PFE) decision to terminate their global collaboration and licensing agreement. The...