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Asian Stocks Drop, Hong Kong Tech Rally Pulls Back as Geopolitical Concerns Mount: Markets Wrap

Equity markets across Asia experienced a decline on Thursday as rising concerns over shifting U.S. geopolitical priorities dampened risk sentiment. The Asian stock index...

Gold Price Shows Mixed Trades – February 21, 2025 Forecast

Gold prices have rebounded with positive trades following the decline observed in previous sessions. According to the channel’s trading rules, the price is now...

Crude Oil Price Faces Negative Pattern – February 21, 2025 Forecast

Crude oil prices saw a rise yesterday, reaching the 72.65$ mark. Holding above 72.30$ continues to support the possibility of further gains in the...

EURJPY Attempts to Recover Losses – February 21, 2025 Forecast

The EURJPY has shown signs of a corrective recovery, moving above the 157.30 level and attempting to...

GBPCHF Struggles to Maintain Upward Momentum – February 21, 2025 Forecast

The GBPCHF has encountered challenges in sustaining its upward momentum, with frequent consolidation below the 1.1420 mark...

Gold Price Set to Reach New Historical Highs – Forecast for February 20, 2025

Gold prices experienced brief negative pressure yesterday, approaching the support line of the minor bullish channel on...

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Brazilian Stocks Close Higher, Bovespa Rises 0.01%

Brazilian stocks finished higher on Monday, with gains in the Electric Power, Basic Materials, and Telecom sectors boosting market sentiment. The Bovespa index edged...

Colombian Stocks Close Lower, COLCAP Index Drops 0.17%

Colombian stocks ended the trading session lower on Monday, as losses in the Financials, Investment, and Public Services sectors weighed on the market. The...

Mexico Stocks Close Lower; S&P/BMV IPC Falls 0.77%

Mexican stocks finished lower on Monday, driven by losses in the Industrials, Consumer Goods & Services, and Consumer Staples sectors. The S&P/BMV IPC index...

U.S. Stocks Close Lower, Dow Jones Drops 0.97% as Sectors Weigh on Markets

U.S. stocks ended lower on Monday, with significant losses in the Consumer Goods, Basic Materials, and Healthcare sectors leading the decline. At the close of...

Pfizer Ends Collaboration with Sangamo, Shares Plunge 27%

Sangamo Therapeutics saw its stock price plummet by approximately 27% following Pfizer's (NYSE: PFE) decision to terminate their global collaboration and licensing agreement. The...

Gold Price Faces Negative Pressure – Market Outlook for 30th December 2024

Gold prices have recently shown slight negative movement, attempting to resume the anticipated bearish trend. The price remains under pressure from the EMA50, suggesting...

Crude Oil Price Breaches Key Resistance – Market Outlook for 30th December 2024

Crude oil prices have opened today with strong bullish momentum, successfully breaking above the key resistance level at $70.58. This breach suggests the activation...

Bitcoin Price (BTCUSD) Confirms Break Below Key Support – Market Outlook for 30th December 2024

Bitcoin (BTCUSD) has successfully broken below the key support level at $95,195, closing the previous daily candle below it. This confirms the continuation of...

Ethereum Price (ETHUSD) Tests Key Resistance Level – Market Outlook for 30th December 2024

Ethereum (ETHUSD) has been trading sideways in recent sessions, currently testing the critical resistance level at $3425.50. This resistance is strengthened by the positive...

EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024

The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This rally comes amid heightened pressure from stochastic...

Central Banks and Sovereign Funds Increase Crypto Reserves

The rapid rise in the valuation of digital currencies has caught the attention of sovereign investors and central banks, prompting a significant shift in...

Gold Price Holds Losses Amid Safe-Haven Demand and Market Caution

Gold prices have continued to experience downward pressure despite a rise in safe-haven demand, as traders await key signals regarding the U.S. economy and...

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