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GBPJPY Maintains Bullish Momentum – Market Outlook for 30th December 2024
The GBPJPY pair has successfully closed above the 61.8% Fibonacci retracement level at 197.30, confirming the continuation of the bullish trend. This morning, the...
South Korean Won-Dollar Exchange Rate Surpasses 1480, Financial Supervisory Service Offers Full Support for Exporters
The South Korean won has continued its downward trend, surpassing the 1480 mark against the U.S. dollar, prompting the Financial Supervisory Service (FSS) to...
Ethereum Price (ETHUSD) Faces Negative Pressure – Market Outlook for December 27, 2024
Ethereum's price (ETHUSD) remains under negative pressure, settling below the $3425.50 level, and is currently facing resistance from the EMA50. This suggests that further...
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Platinum Price Loses Momentum – Market Outlook for December 27, 2024
Platinum prices have lost the positive momentum seen earlier, causing the metal to fluctuate below the $950.00...
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Oil Prices Edge Higher on China Stimulus and U.S. Stockpile Decline
Oil prices inched up on Thursday during thin holiday trading, supported by expectations of additional fiscal stimulus...
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Asian Stocks Hold Steady Amid Thin Trading; Japan Shares Surge on Record Budget Plans
Asian stock markets showed limited movement on Thursday as trading volumes remained low due to holidays in...
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Marketmind: Asian markets face tough act to follow
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A look at the day ahead in Asian markets from Stephen Culp, financial markets columnist. Goodbye, July. Asian stocks could be in for a bumpy start...
Walmart buys out $1.4 billion Tiger Global stake in India’s Flipkart
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Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday,...
Dow futures lift as rally continues, major tech earnings in focus
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U.S. stock futures were trading higher during Sunday's evening deals, after major benchmark averages posted their 3rd consecutive week of gains, each closing at...
Gold treads water, copper prices flat ahead of China PMIs
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Gold prices kept to a tight range on Monday as investors awaited more major cues on the U.S. economy this week, while copper prices...
Yen eyes first monthly gain since March; dollar headed for monthly loss
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The yen edged steadily higher on Monday following a volatile session at the end of last week after the Bank of Japan (BOJ) loosened...
Oil on track for biggest monthly gains in over a year
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Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia...
Asia shares extend gains; wary eye on Japan yields
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Asian shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings...
China manufacturing PMI shrinks for 4th straight month in July
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Chinese manufacturing activity contracted for a fourth straight month in July, data showed on Monday, as the country’s biggest economic engines continued to grapple...
BOJ to carry out yield curve control with “greater flexibility”
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The Bank of Japan kept interest rates at ultra-low levels on Friday and said that while it will continue with its yield curve control...
Gold market sells off as U.S. weekly jobless claims fall by 7K
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The U.S. labor market shows continued strength as the number of workers applying for first-time unemployment benefits continues to decline. Thursday, the U.S. Labor Department...
Gold, silver slump after strong U.S. data rallies greenback
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Gold prices are solidly lower and hit a two-week low in midday U.S. trading Thursday. Silver is down sharply, too. Modest overnight gains in...
Roku shares surge as better ad spending powers upbeat revenue forecast
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Roku forecast upbeat third-quarter revenue and posted market-beating results for the second quarter on improved ad sales, sending the shares of the streaming device...