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EURJPY Delays Decline – Forecast for January 22, 2025
The EURJPY currency pair has recently postponed its anticipated decline, closing positively above the 160.20 support level. The pair has shown resilience, benefiting from...
Nintendo Shares Drop After Switch 2 Reveal Fails to Impress Investors
Shares of Nintendo Co. Ltd. (TYO:7974) plummeted nearly 7% on Friday following the much-anticipated reveal of its next-generation console, the Switch 2. The stock...
Oil Prices Rise on Supply Fears, Rate Cut Speculations
Oil prices climbed on Friday, heading for a fourth consecutive weekly gain, fueled by growing concerns over tighter supply following U.S. sanctions on Russian...
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Oil Prices Rise on Positive Chinese Economic Data, Easing Middle East Tensions Limit Gains
Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but...
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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,...
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NZD/USD Price Forecast Update: January 14, 2025
The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel....
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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...
South Korea’s June export decline expected to slow, giving hope to global trade
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On June 29, a Reuters survey showed that South Korea’s export decline in June may have slowed down, and the trade balance turned into...
If the Fed does not cut interest rates by the end of 2024, USD/JPY may reach 160
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Bank of America strategists Shusuke Yamada and Izumi Devalier, among others, said that if the Fed does not cut interest rates by the end...
ANZ: New Zealand business confidence jumps in June
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On June 29, ANZ's monthly business survey showed that New Zealand's June business confidence index jumped 13 points to -18%, the highest level since...
India plans multi-billion dollar energy storage subsidies
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On June 28, according to the British Financial Times, the Indian government is preparing to introduce a new multi-billion-dollar subsidy plan to provide subsidies...