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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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Gold Prices Hold Steady with PCE Data in Focus; Copper Slips on Weak China
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In Asian trade on Friday, gold prices maintained stability as traders remained cautious ahead of crucial U.S. inflation data, which is expected to influence...
Oil Prices Steady Ahead of Key US Inflation Data, OPEC+ Meeting
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Oil prices maintained stability on Friday, as investors awaited the release of significant U.S. inflation data and the impending meeting of major crude producers...
SimpleSwap Launches Trading Contest with $12,000 Prize Pool
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SimpleSwap, a leading instant crypto exchange, is excited to announce the commencement of its latest Trading Contest. This initiative offers participants the opportunity to...
Australia Stocks Close Higher; S&P/ASX 200 Up 0.96%
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Australia stocks concluded the trading session on a positive note on Friday, with gains in the Gold, Consumer Staples, and Energy sectors driving the...
Japan Stocks Close Higher; Nikkei 225 Up 1.27%
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Japan stocks concluded the trading session on a positive note on Friday, with gains in the Paper & Pulp, Manufacturing, and Transportation Equipment sectors...
Gap Shares Surge 21% on Raised Guidance, Q1 Earnings Beat
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Gap Inc. (NYSE: GPS) witnessed a remarkable surge in its shares by 21% subsequent to the disclosure of its first-quarter financial outcomes, which outpaced...
Dollar Surges as Rising U.S. Yields Drive Safe-Haven Demand
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The U.S. dollar scaled a two-week peak against major currencies on Thursday, driven by a sharp rise in Treasury yields and increased demand for...
Oil Prices Steady Amid Rate and Inflation Concerns, Despite Large Inventory Draw
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Oil prices remained steady in Asian trade on Thursday as optimism over a larger-than-expected draw in U.S. inventories was tempered by caution ahead of...
Gold Prices Dip as Dollar Strengthens Amid Rate Jitters
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Gold prices fell in Asian trade on Thursday, pressured by a stronger U.S. dollar and rising Treasury yields as traders remained cautious ahead of...
Oil Prices Dip Amid Demand Concerns; U.S. Stockpiles Data Awaited
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Oil prices eased on Thursday as robust U.S. economic activity suggested that borrowing costs might remain elevated for a longer period, potentially dampening demand....
Australia Stocks Decline Amid Gold and Mining Sector Losses; S&P/ASX 200 Drops 0.49%
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Australia's stock market closed lower on Thursday, driven by significant declines in the Gold, Metals & Mining, and Resources sectors. The S&P/ASX 200 index...
Japan Stocks Decline, Nikkei 225 Drops 1.32%
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On Thursday, Japan's stock market experienced a downturn, with losses primarily observed in the Marine Transport, Manufacturing, and Fishery sectors, contributing to the overall...