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GBP/JPY Hits Resistance Level – Forecast for September 18, 2024
The GBP/JPY currency pair exhibited corrective bullish attempts yesterday, testing the resistance barrier at 187.15 before beginning to decline. Currently, the pair is consolidating...
US Fed Rate Cut: Analysts Recommend Top IT Stocks to Buy Ahead of Key Decision
As anticipation builds for next week's Federal Reserve meeting, experts suggest that a potential aggressive interest rate cut could drive significant gains in rate-sensitive...
Bitcoin Price (BTCUSD) Reaches Initial Target: Forecast for September 13, 2024
On September 12, 2024, Bitcoin (BTCUSD) achieved its first anticipated target, reaching $58,480. Currently, the price is consolidating around $58,000 as it seeks to...
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Stocks Making the Biggest Moves After Hours: Adobe, RH, Oracle, and More
Adobe Adobe’s shares fell over 10% in after-hours trading following a weaker-than-expected fiscal fourth-quarter revenue forecast. The company...
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Platinum Price Forecast for September 12, 2024
Platinum prices concluded yesterday's session with a rally above the $950.00 resistance level, suggesting a postponement of...
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EURJPY Holds Above Support: Forecast for September 12, 2024
The EURJPY currency pair recently approached its additional negative target at 155.10 but has since responded positively,...
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1 Euro Equals How Many Swiss Francs?
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Currency exchange rates are an essential aspect of international trade, travel, and financial transactions. For individuals and businesses dealing with different currencies, understanding the...
How Much is Spot Gold?
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Spot gold refers to the current price at which gold is traded in the global market. As one of the most widely recognized precious...
CBOT wheat fell on July 7, and the benchmark period closed down by about 2.40%
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July 7th, according to media reports, the Chicago Board of Trade (CBOT) soft red winter wheat futures market closed down on Thursday, of which...
What is the Difference Between Brent Oil and Crude Oil?
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When discussing the global oil market, two terms often come up: Brent oil and crude oil. These terms refer to different types of oil...
Guan Tao: It is necessary to prevent “linear unilateral thinking” in the foreign exchange market
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On July 7th, Guan Tao, the global chief economist of Bank of China Securities, said that the RMB exchange rate is supported in the...
The probability of the Fed raising interest rates by 25 basis points in July is 91.8%
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According to CME "Fed Watch": the probability that the Fed will keep interest rates unchanged at 5.00%-5.25% in July is 8.2%, and the probability...
List of daily global central bank dynamics on July 7
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1. The central bank of Uruguay lowered the benchmark interest rate to 10.75%. 2. Bank Negara Malaysia kept the overnight policy rate at 3%. 3. The...
Review of the global stock market trend on the next day of July 7
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Review of the global stock market trend on the next day of July 7 Asian stocks 1. On July 6 (Thursday), China’s Shanghai Composite Index closed...
On July 7, China’s first “digital renminbi + TIPS customs real-time tax deduction” business was launched
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On July 7th, recently, relying on the real-time customs tax deduction function of the Treasury Information Processing System (TIPS), Huaxian Optoelectronics Technology (Huizhou) Co.,...
U.S. stocks collectively closed down on July 7, with the Dow down more than 1%
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Global stock indexes weakened on Thursday, and U.S. stocks continued to decline throughout the day. The Dow initially closed down about 360 points or...
What is stock index futures？
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Stock index futures are financial contracts that allow investors to speculate on the future direction of a stock market index. These derivatives derive their...
What is Dow Jones Industrial Index？
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The Dow Jones Industrial Average (DJIA), often referred to as simply "the Dow," is one of the most widely recognized and closely followed stock...