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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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Wall Street closes down, Dow snaps longest winning streak since 1987
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U.S. stocks ended lower on Thursday after news that the Bank of Japan will allow long-term interest rates to rise sent U.S. yields higher,...
Dow futures steady after snapping rally, Intel lifts 8.4% after earnings
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U.S. stock futures were trading x during Thursday's evening trade, following a negative session among major benchmark averages, with market participants monitoring better than...
Dow Jones index set to end 13 day winning streak
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The Dow Jones Industrial Average was on the verge of ending its longest winning streak in 36 years on Thursday, successive gains showing that...
Binance and its CEO seek dismissal of CFTC complaint
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Binance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint filed against the exchange by the U.S. Commodity Futures Trading...
China Evergrande’s EV unit shares plunge 69% after 16-month halt
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HONG KONG (Reuters) -Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading resumed nearly 16 months after the stock...
What is the Meaning of Index in the Stock Market: A Comprehensive Guide
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The stock market is a dynamic and complex entity that plays a vital role in the global economy. Within this vast financial landscape, stock...
What is the Chinese Stock Market Index Called: Unraveling China’s Stock Market Landscape
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The world of finance and investing is both interesting and complex. Among the vast global stock markets, the Chinese stock market plays an important...
Tesla, Netflix drag down S&P 500, Nasdaq
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The S&P 500 and Nasdaq fell on Thursday, as Tesla (NASDAQ:TSLA) CEO's hints about more price cuts deepened investor concerns, while Netflix (NASDAQ:NFLX) slid...
Dollar gains, stocks teeter as US data suggests rates to stay higher
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The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...
Kuwait Bans Trading of Cryptocurrencies and Virtual Assets
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The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC). On July 18, Kuwait’s main financial regulator,...
Blackstone hits $1 trillion in AUM
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Blackstone (NYSE:BX) shares dipped in the early part of Thursday's session after it reported earnings in line with analyst consensus expectations. The alternative investment management...
How many Swiss francs to the English pound？
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Currency exchange rates play a pivotal role in international trade, travel, and investments. For those looking to convert Swiss Francs (CHF) to English Pounds...