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Sunac China Shares and Bonds Plunge After Liquidation Petition Filed
Shares and bonds of Sunac China fell sharply on Friday following the filing of a liquidation petition against the property developer, raising further concerns...
TSMC Sees 58% Surge in December Sales Driven by AI Demand
Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM) reported a significant 58% increase in sales for December, buoyed by strong demand from the rapidly expanding artificial...
U.S. Stock Futures Steady After Apple and Tesla Losses Weigh on Wall Street
U.S. stock index futures steadied on Thursday evening following a weak start to 2025, triggered by losses in Apple and Tesla, two of Wall...
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Asia Stocks Gain as South Korea’s KOSPI Rebounds Sharply
Asian stocks were broadly higher on Friday, driven by strong gains in South Korean equities and a...
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Taiwan Stocks Close Lower; Taiwan Weighted Index Falls 0.88%
Taiwan's stock market closed lower on Friday, with losses in key sectors including Oil, Gas & Electricity,...
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EURJPY Resumes Decline – Forecast for January 3, 2025
The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20,...
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Platinum Price Faces Strong Negative Pressures – Forecast for July 22, 2024
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Platinum prices have approached the additional negative target of $950.00, influenced by several negative factors. These include the persistent stability below the $983.00 barrier...
Copper Price Repeats Negative Close – Forecast for July 22, 2024
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Copper prices have confirmed the continuation of the previously suggested negative trend by closing below the broken support level at $4.3300. The price is...
Ethereum Price (ETHUSD) Completes Positive Pattern – Forecast for July 22, 2024
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Ethereum (ETHUSD) has successfully breached the neckline of the inverted head and shoulders pattern visible on the chart. This breakout activates the bullish effect...
Bitcoin Price (BTCUSD) Reaches Positive Targets, Eyes Further Gains – Forecast for July 22, 2024
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Bitcoin (BTCUSD) has recently surged past $67,070, establishing a foothold above this level and reinforcing the expectations of a continued bullish trend in both...
Japanese Stocks Face Volatility Amid “Trump Trade” and Rate Uncertainty – BoFA Analysis
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Japanese stocks are expected to experience significant volatility over the summer, according to Bank of America (BoFA) analysts. This uncertainty is driven by multiple...
London’s FTSE 100 Slips as Resource Shares Weigh, Retail Sales Drop
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London's stock market experienced a downturn on Friday, primarily influenced by a decline in domestic retail sales and a drop in commodity prices. FTSE 100...
CrowdStrike Shares Plummet Amid Global IT Outage
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A significant global IT outage has disrupted operations across various industries, including banking, airlines, telecommunications, broadcasting, and retail, as reported by the BBC on...
EUR/USD Price Begins Bearish Correction – Forecast for July 19, 2024
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The EUR/USD price has confirmed a break below the bullish channel’s support line, closing yesterday under this level. This move indicates a bearish correction...
GBP/USD Price Under Negative Pressure – Forecast for July 19, 2024
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The GBP/USD price has continued to decline, breaking the intraday bullish trend line and heading towards an expected decline in the upcoming sessions. The...
USD/JPY Price is Recovering – Forecast for July 19, 2024
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The USD/JPY price halted its decline near the 155.00 barrier, rebounding bullishly to breach the 156.80 level and settle above it. This movement suggests...
USD/CAD Price Surpasses Resistance – Forecast for July 19, 2024
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The USD/CAD price has surpassed the $1.3690 level, closing the daily candlestick above it. This move halts the correctional bearish scenario and signals the...
Bitcoin Price (BTC/USD) Achieves Some Bearish Correction – Forecast for July 19, 2024
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Bitcoin (BTC/USD) experienced some bearish correction yesterday, reaching the $63,200.00 area. However, the price has started to show clear positive trades, driven by stochastic...