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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, driven by higher interest rates from the...
Gold Prices Edge Higher Amid U.S. Labor Market Data, Dollar Strength Limits Gains
Gold prices edged up in early Asian trade on Friday, positioning themselves for a modest weekly gain as ongoing uncertainty over U.S. interest rates...
Next Wave of U.S. Crypto ETFs Set to Launch After Blockbuster 2024 Debut
The beginning of 2024 marked a historic moment for the cryptocurrency industry, as the launch of U.S. spot bitcoin exchange-traded funds (ETFs) was anticipated...
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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...
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Australia’s 2025 Equity Returns: Focus on Earnings, Not Valuations – Macquarie
Australian equity markets are expected to have a cautious start to 2025, with rising bond yields and...
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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...
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Nvidia to face French antitrust charges, sources say
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French antitrust regulators will charge Nvidia with alleged anticompetitive behavior, making it the first enforcer to take action against the computer chip maker, people...
China’s BYD Posts 21% Jump in Quarterly EV Sales, Closes Gap with Tesla
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China's BYD (SZ:002594) has reported a significant 21% increase in its second-quarter electric vehicle (EV) sales, narrowing the gap with Tesla (NASDAQ) after losing...
CADCHF Surpasses the Barrier – Forecast for July 2, 2024
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CADCHF Price Analysis: Expected Scenario: The CADCHF price initiated a new bullish rally, surpassing the 0.6563 barrier and settling above it, indicating its readiness to continue...
Natural Gas Price Presses on the Moving Average – Forecast for July 2, 2024
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Natural Gas Price Analysis: Expected Scenario: Natural gas price has confirmed its alignment with the correctional bearish trend by closing below the $2.780 barrier, moving towards...
EURJPY Resumes the Rise – Forecast for July 2, 2024
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EURJPY Price Analysis: Expected Scenario: The EURJPY pair has maintained its positive stability, leveraging the 172.80 level as additional support. This stability has allowed the pair...
GBPJPY Keeps the Positivity – Forecast for July 2, 2024
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GBPJPY Price Analysis: Expected Scenario: The GBPJPY pair surged above the 203.95 resistance line yesterday, indicating a continuation of its main bullish trend. The pair reached...
Platinum Price Is Affected by Indicators’ Contradiction – Forecast for July 2, 2024
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Platinum Price Analysis: Expected Scenario: Platinum price has experienced a setback due to conflicting signals from technical indicators. The stochastic indicator shows negativity, while the MA55...
Copper Price Holds Above Support – Forecast for July 2, 2024
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Copper Price Analysis: Expected Scenario: Copper price has successfully resisted negative pressures and closed positively above the current support level of 4.3500$. This suggests a continuation...
Ethereum Price (ETHUSD) Retests Breached Resistance – July 2, 2024
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Ethereum (ETHUSD) Price Analysis: Ethereum price (ETHUSD) is currently retesting the breached resistance level of a bearish channel visible on the chart. Notably, stochastic indicators...
Bitcoin Price (BTCUSD) Gathers Positive Momentum – July 2, 2024
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Bitcoin (BTCUSD) Price Analysis: Bitcoin price (BTCUSD) has settled above the neckline of a recently breached double bottom pattern visible on the chart. This technical...
Sanofi Eyes Investment of Up to $1.6 Billion in Germany, Handelsblatt Reports
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French pharmaceutical giant Sanofi (NASDAQ: SNY) is reportedly close to deciding on an investment of between 1.3 billion euros and 1.5 billion euros ($1.4-$1.6...
BlackRock to Acquire UK Data Group Preqin for $3.2 Billion
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BlackRock has agreed to acquire UK data firm Preqin for £2.55 billion ($3.23 billion) in cash, marking an expansion by the world's largest asset...