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Asian Stocks Drop, Hong Kong Tech Rally Pulls Back as Geopolitical Concerns Mount: Markets Wrap
Equity markets across Asia experienced a decline on Thursday as rising concerns over shifting U.S. geopolitical priorities dampened risk sentiment. The Asian stock index...
Gold Price Shows Mixed Trades – February 21, 2025 Forecast
Gold prices have rebounded with positive trades following the decline observed in previous sessions. According to the channel’s trading rules, the price is now...
Crude Oil Price Faces Negative Pattern – February 21, 2025 Forecast
Crude oil prices saw a rise yesterday, reaching the 72.65$ mark. Holding above 72.30$ continues to support the possibility of further gains in the...
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EURJPY Attempts to Recover Losses – February 21, 2025 Forecast
The EURJPY has shown signs of a corrective recovery, moving above the 157.30 level and attempting to...
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GBPCHF Struggles to Maintain Upward Momentum – February 21, 2025 Forecast
The GBPCHF has encountered challenges in sustaining its upward momentum, with frequent consolidation below the 1.1420 mark...
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Gold Price Set to Reach New Historical Highs – Forecast for February 20, 2025
Gold prices experienced brief negative pressure yesterday, approaching the support line of the minor bullish channel on...
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EU, India relaunch talks for free trade agreement
The European Union and India on Friday relaunched negotiations to forge a free trade agreement, with the aim of completing talks by the end...
Indonesia looks to plug shortage of chicken supplies in Singapore
Indonesian authorities hope to reach an agreement with Singapore to start exporting chickens within weeks, officials said, as the city-state scrambles to find alternative...
Fed vows unconditional inflation war with ‘whatever it takes’
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising...
U.S. economy has 40% chance of being in recession next year, Bank of America says
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product...
Asia shares turn lower, no dodging recession risks
Asian shares were unable to sustain a rare rally on Monday as Wall Street futures shed early gains amid worries the U.S. Federal Reserve...
Oil wobbles as global economic worries offset tightening supply
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...
Yen fragile near 24-year low in BOJ aftermath, dollar treads water
The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in...
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...
China keeps lending benchmarks unchanged, wary of policy divergence risks
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...
IMF delegation visits crisis-hit Sri Lanka with time running out
An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a...
UK property prices rise by least since January – Rightmove
Asking prices for British homes being put up for sale rose by the smallest amount since January this month, as the rising cost of...
Britain introduces plans to better regulate ‘buy now, pay later’ firms
Britain plans to make "buy now pay later" (BNPL) firms carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure...