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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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Asia FX Gains as Dollar Nears 2-Month Low on Rate Cut Bets
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Most Asian currencies strengthened on Thursday, tracking weakness in the dollar as soft labor data continued to fuel expectations of rate cuts by the...
Euro Gains Ahead of ECB Decision; Yen Strengthens
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The euro showed slight strength on Thursday ahead of the European Central Bank's (ECB) policy meeting, where investors anticipate remarks on the future path...
Saudi Arabia Reduces July Arab Light Crude Oil OSP to Asia
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Saudi Arabia has adjusted its official selling price (OSP) for its flagship Arab Light crude oil to Asia for July, setting it at plus...
Oil Prices Rise Amid Expectations of September US Interest Rate Cut
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Oil prices continued to climb on Thursday, supported by growing expectations of an interest rate cut from the U.S. Federal Reserve in September. However,...
Europe Anticipates First ECB Rate Cut in Nearly 5 Years, Stocks Edge Higher
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European markets edged higher on Thursday, nearing an all-time high, while the euro strengthened as investors awaited the European Central Bank's (ECB) widely anticipated...
Lululemon Raises Full-Year Earnings Guidance, Propelling Shares Higher in Pre-market Trading
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Lululemon Athletica, known for its premium leggings, has revised its full-year earnings outlook upward on Wednesday following robust fiscal first-quarter results, surpassing Wall Street...
Five Below Faces Share Price Plunge on Q1 Results Miss and Lowered 2024 Outlook
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In Thursday's premarket trading, shares of Five Below (NASDAQ) experienced a sharp decline after the company reported disappointing results for Q1 and revised down...
Dollar Edges Up Ahead of Key Data and Bank of Canada Policy Meeting
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The dollar stabilized on Wednesday, anticipating crucial U.S. economic data releases and a monetary policy meeting in Canada that traders speculate could trigger rate...
Gold Prices Rangebound Amid Rate Cut Speculation; Copper Near One-Month Low
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Gold prices experienced a modest rise in Asian trading on Wednesday, though they remained confined to a narrow range that has persisted for nearly...
Oil Prices Near Four-Month Low Amid OPEC+ Supply Outlook and Rising U.S. Stocks
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Oil prices remained near four-month lows on Wednesday as markets anticipated a supply increase later this year when OPEC+ begins to unwind some output...
UBS Raises Gold Price Forecasts Amid Strong Demand and Economic Uncertainties
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UBS has increased its gold price forecasts, citing robust structural support and resilient demand for the precious metal. The investment bank now anticipates gold...
Bitcoin Price Nears $71K Amid Hopes for U.S. Rate Cuts
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Bitcoin's price surged on Wednesday, driven by increasing expectations of U.S. interest rate cuts amid ongoing weak economic data. This positive trend helped Bitcoin...