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Nike’s Stock Declines Amid Analyst Concerns of Potential Selloff

Shares of Nike Inc. fell on Monday following a warning from J.P. Morgan that the company's upcoming quarterly results could trigger a selloff. Analysts...

China Introduces Stock Stabilization Fund and Liquidity Support of $113 Billion

China is contemplating a stock stabilization fund while injecting at least 800 billion yuan (approximately $113 billion) into its struggling equity market. This initiative...

USD/CAD Forecast: September 23, 2024 – USD/CAD Outlook

The USD/CAD pair is currently hovering around the $1.3562 level, making efforts to maintain stability above this support, which sustains the potential for a...

Brent Oil Price Forecast: September 23, 2024 – Brent Outlook

Brent oil prices have opened with positive trades, approaching the $75.24 level, which aligns with the 50%...

Corn Price Forecast: September 23, 2024 – Corn Outlook

Corn prices have come within a few pips of our anticipated target of $405.20, showing signs of...

USD/CHF Forecast: September 23, 2024 – USD/CHF Outlook

The USD/CHF pair is showing signs of recovery, approaching a potential test of the key resistance at...

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The prospect of Fed rate hikes may keep the dollar strong

On May 29, analysts at UniCredit Bank said in a note that expectations of further rate hikes by the Fed should keep the dollar...

Eurozone inflation expected to be significantly higher than U.S. by end-2023

On May 29, analysts at Natixis predicted that U.S. core inflation would fall below 3% by the end of 2023, while the euro zone...

Dollar edges lower as U.S. debt ceiling deal boosts risk appetite

The dollar edged lower on May 29 after a deal between U.S. President Joe Biden and House Speaker McCarthy to raise the debt ceiling...

SoftBank Group to redeem $2 billion in bonds, ease delay risk

On May 29, SoftBank Group issued a statement on the 29th stating that it plans to redeem US$2 billion in perpetual US dollar bonds...

Hedge funds short LME copper for first time in three years

Hedge funds are shorting London Metal Exchange (LME) copper for the first time since the early days of the outbreak, according to media reports. Data...

Today’s Spot Gold Price Chart(May 29, 2023)

The latest query of today's spot gold price trend (May 29, 2023) What is the spot gold price today (May 29, 2023) Spot...

WTI crude oil price today(May 29, 2023)

Today’s wti crude oil price (May 29, 2023) name Price (USD/Barrel) ups and downs Change (%) date WTI crude oil 72.87 1.06 1.48 2023/5/29 The above is the latest WTI...

What is the brent crude oil price today(May 29, 2023)

Today’s brent crude oil price(May 29, 2023) name Price (USD/Barrel) ups and downs Change (%) date Brent crude 77.17 1.03 1.35 2023/5/29 The above is the latest Brent crude oil price. For more oil price...

Foreign investors have withdrawn at least $36 billion after selling their Russian businesses

On May 29, RIA Novosti reported on May 29 that an analysis of data from the Russian Central Bank showed that between March 2022...

USD/JPY will struggle to reach 145

On May 29, Nomura Securities pointed out that since the market has now digested the expectation of further interest rate hikes by the Federal...

The United States may welcome the peak of treasury bond issuance

On May 29, after reaching a debt agreement, the U.S. Treasury Department is expected to replenish its cash balance soon. According to recent estimates,...

The U.S. will not completely remove the debt ceiling

On May 29, local time on May 28, US President Joe Biden said in response to a reporter's question that the US will not...

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