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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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EURUSD Forecast: Bearish Sentiment Prevails

The EURUSD price analysis indicates a negative outlook for today, June 20, 2024. The currency pair traded narrowly yesterday due to the U.S. market...

Fossil Fuel Use and Emissions Hit Records in 2023

In 2023, global fossil fuel consumption and energy emissions reached unprecedented levels, despite a slight decrease in fossil fuels' share of the global energy...

Oil Prices Retreat from Seven-Week Highs on Mixed Signals

Oil prices retreated on Wednesday after reaching seven-week highs, influenced by conflicting factors of summer demand optimism and geopolitical tensions, despite an unexpected increase...

Japan Stocks Close Higher; Nikkei 225 Up 0.29%

Japan stocks finished higher on Thursday, with gains primarily driven by the Textile, Chemical, and Services sectors. At the close, the benchmark Nikkei 225 index...

Guzman Y Gomez Shares Surge 36% in Australia’s Biggest IPO of the Year

Guzman Y Gomez (GYG), the popular Mexican food chain, made a remarkable debut on the Australian stock exchange, marking the country's most successful initial...

Energean Announces Sale of Mediterranean Oil and Gas Assets to Carlyle for up to $945 Million

Energean, the Mediterranean-focused oil and gas producer, has entered into an agreement to sell its assets in Egypt, Italy, and Croatia to Carlyle Group...

India’s Vedanta to Raise $120 Million via Debt Issue

Vedanta Limited (NYSE: VEDL), the Indian conglomerate spanning metals to oil, announced plans to raise up to 10 billion rupees (approximately $120 million) by...

Sterling Firms Versus Euro and Dollar After UK Inflation Data

Following the release of UK inflation data, the British pound strengthened as underlying price pressures indicated the Bank of England (BoE) might delay interest...

Oil Steady Amid U.S. Stock Build but War Jitters Abound

Oil prices remained largely steady on Wednesday, hovering near their highest levels in seven weeks. Brent crude futures eased by 34 cents to $84.99...

Indonesian Stocks Close Slightly Lower, IDX Composite Index Falls 0.04%

Indonesian stocks closed slightly lower on Wednesday, with the IDX Composite Index slipping by 0.04% to reach a new six-month low by the end...

London Stocks Slightly Lower Amid Mixed Inflation Data

London's equity markets saw modest declines on Wednesday as investors digested mixed inflation figures, with services price inflation showing slower-than-expected easing despite headline inflation...

European Shares Hold Steady Amid Sectoral Contrasts

European markets experienced a muted session on Wednesday, with gains in mining and travel sectors offsetting losses in healthcare and technology stocks, while UK...

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