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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...

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...

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...

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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Huawei Highlights Technological Advancements in Operating Systems and AI

Dongguan, China – Huawei Technologies announced significant strides in technology development during its three-day developer conference, underscoring achievements in operating systems and artificial intelligence...

Indonesia Stocks Close Higher; IDX Composite Index Gains 1.56%

Jakarta, Indonesia – Indonesian stocks ended higher on Friday, driven by gains in the Financials, Infrastructure, and Agriculture sectors. The IDX Composite Index closed with...

STOXX 600 Slips on Tech and Bank Weakness; Carlsberg Bid Rejected

European shares declined on Friday, weighed down by losses in technology and banking sectors, while Danish brewer Carlsberg Group (CSE) faced a significant drop...

FTSE 100 Slips Despite Strong UK Retail Sales; PMI Data Awaited

London's FTSE 100 edged lower on Friday as robust British retail sales figures suggested a delay in potential interest rate cuts, though the index...

CPPIB and Temasek Back Arrowpoint Hedge Fund Launch in Singapore

Arrowpoint Investment Partners, one of the notable hedge fund launches in Asia this year, has garnered significant backing from prominent investors, including the Canada...

Platinum Price Analysis – Forecast for June 21, 2024

Expected Scenario Platinum price has shown mixed trading patterns recently, fluctuating below the crucial barrier at $983.00. This has caused a delay in the anticipated...

GBPJPY Price Analysis – Forecast for June 21, 2024

Expected Scenario The GBPJPY pair has shown signs of postponing its bullish momentum, primarily due to repeated negative closes below the barrier at 201.40. This...

EURJPY Price Analysis – Forecast for June 21, 2024

Expected Scenario The EURJPY pair has successfully achieved the first additional target at 170.35, following which it experienced a temporary negative rebound. This pullback was...

Natural Gas Price Analysis – Forecast for June 21, 2024

Expected Scenario The natural gas price has been navigating mixed sideways trades recently, despite consolidating within a bullish channel visible on the chart. This stability...

AUDCAD Faces Correctional Bearish Waves – Forecast for June 21, 2024

AUDCAD Price Analysis The AUDCAD price has recently confirmed the end of its bullish momentum by encountering the 61.8% Fibonacci correction level at 0.9173. This...

USDJPY Price Crawls Upwards – Forecast for June 20, 2024

Current Situation The USDJPY pair is exhibiting a bullish bias, moving above the 158.00 barrier and reinforcing expectations for a continued upward trend. Key Levels and...

GBPUSD Price Awaits Confirmation Signal – Forecast for June 20, 2024

Current Situation The GBPUSD pair remains confined within a narrow range, oscillating between a support level at $1.2700 and a resistance level at $1.2730. As...

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