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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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Canada’s economic growth will still disappoint, interest rate will be cut to 3% next year
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On June 28, Canada may avoid a recession thanks to strong immigration and an upturn in the housing market, but growth will still disappoint,...
New U.S. Treasuries Are Plenty of Places to Go
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On June 28, after the Fed stopped reinvesting all maturing U.S. Treasuries, the U.S. Treasury could only borrow more money from the investing public. The...
Lagarde: ECB faces new phase of persistent inflation
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On June 27, European Central Bank President Christine Lagarde said on Tuesday that inflation in the euro zone has entered a new phase and...
Weaker dollar provides boost to industrial metals prices
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On June 27, metals prices were moving higher as the dollar weakened, providing a boost to industrial goods. LME three-month copper rose to 8458 US...
Commerzbank: Euro may rise this week on strong inflation data
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On June 27, youna Park-Heger, a foreign exchange analyst at Commerzbank, said in a note that the euro rose on Tuesday, despite signs of...
Japanese stock market gains may cool down in the second half of the year
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On June 26, Talaria Capital said Japan's recent stock market rally could cool in the second half of the year as the highly cyclical...
JPMorgan: Australian inflation expected to cool in May
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June 26, at present, everyone in the market is focusing on the Australian May inflation indicator released on Wednesday, because the RBA recently mentioned...
The probability of the Fed raising interest rates by 25 basis points in July is 74.4%
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On June 26, according to CME's "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged at 5.00%-5.25% in July is...
Digital RMB cross-border retail payment cooperation enters the second phase of testing
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On June 25, Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, published an essay on the website of the...
Wall Street analysts and average investors are slightly bearish on gold, survey shows
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On June 25, a survey by the precious metals website Kitco showed that both Wall Street analysts and ordinary retail investors were slightly bearish...
Russia remains the only country in Europe to see food prices drop in May
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Russia remained the only country in Europe to see a drop in food prices in May, with a record 1.12% fall in annualized terms,...
Japan plans to issue a new version of banknotes in July next year
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On June 25, it was reported that the front of the new 10,000-yen banknote was printed with a portrait of industrialist Eiichi Shibusawa, known...