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Silver Price Forecast Update – November 8, 2024
Silver prices have successfully broken below the $31.63 level and are holding below it, reinforcing the expectation of a continued bearish trend in the...
GBP/USD Price Forecast – November 7, 2024
The GBP/USD pair is showing a bullish bias as it tests the 50-period Exponential Moving Average (EMA), which is acting as a strong resistance...
Brent Oil Price Forecast – November 7, 2024
Brent oil prices are showing a bearish bias as they test the $75.36 level, which is a critical point for the continuation of the...
Jennifer -
Crude Oil Price Faces Strong Resistance – Forecast for November 6, 2024
Crude oil prices are currently fluctuating around the 72.15$ level, where strong resistance is being encountered. The...
Jennifer -
EUR/USD Price Forecast Update – November 6, 2024
The EUR/USD pair has decisively broken below the 1.0760$ level, reaching our initial target of 1.0700$ and...
Jennifer -
Gold Price Faces Resistance, Bearish Pressure Expected – Forecast for November 6, 2024
Gold prices are testing the key resistance level at $2746.00 but have remained stable below this threshold....
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CBOT wheat fell on July 7, and the benchmark period closed down by about 2.40%
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July 7th, according to media reports, the Chicago Board of Trade (CBOT) soft red winter wheat futures market closed down on Thursday, of which...
Guan Tao: It is necessary to prevent “linear unilateral thinking” in the foreign exchange market
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On July 7th, Guan Tao, the global chief economist of Bank of China Securities, said that the RMB exchange rate is supported in the...
The probability of the Fed raising interest rates by 25 basis points in July is 91.8%
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According to CME "Fed Watch": the probability that the Fed will keep interest rates unchanged at 5.00%-5.25% in July is 8.2%, and the probability...
List of daily global central bank dynamics on July 7
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1. The central bank of Uruguay lowered the benchmark interest rate to 10.75%. 2. Bank Negara Malaysia kept the overnight policy rate at 3%. 3. The...
Review of the global stock market trend on the next day of July 7
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Review of the global stock market trend on the next day of July 7 Asian stocks 1. On July 6 (Thursday), China’s Shanghai Composite Index closed...
Central parity of RMB exchange rate in the interbank foreign exchange market on July 7, 2023
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USD/RMB was at 7.2054, down 44 points (RMB appreciation); EUR/RMB was at 7.8869, up 228 points; HKD/RMB reported at 0.92095, down 11.3 points; GBP/RMB reported...
On July 7, China’s first “digital renminbi + TIPS customs real-time tax deduction” business was launched
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On July 7th, recently, relying on the real-time customs tax deduction function of the Treasury Information Processing System (TIPS), Huaxian Optoelectronics Technology (Huizhou) Co.,...
Daily digital currency dynamic summary on July 7
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1. The digital asset registration platform of Beijing Data Institute was released, and Rainbow Universe, Shuyuan, Lingjing, etc. became the first batch of distribution...
U.S. stocks collectively closed down on July 7, with the Dow down more than 1%
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Global stock indexes weakened on Thursday, and U.S. stocks continued to decline throughout the day. The Dow initially closed down about 360 points or...
UK seeks to cushion inflation hit from Brexit ‘hangover’
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On June 30, Britain was weighing options to reduce the cost of border checks on European food imports after Brexit, which could exacerbate the...
RBA may need to raise rates to counter rising wages
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Concerns about mounting wage pressures in the Australian economy were a key trigger for the RBA's June rate hike on June 30 and are...
French inflation falls to 14-month low
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On June 30, the data released today showed that the annual rate of the reconciled CPI in France recorded 5.3% in June, lower than...