Advertisements

Monthly Archives: May, 2024

Asia FX Weakens as China PMIs Disappoint; Dollar Steady Ahead of PCE Data

In Friday's trading session, most Asian currencies experienced downward pressure, with the Chinese yuan nearing six-month lows following disappointing business activity indicators. Concurrently, the...

Dollar Rebounds Ahead of PCE Release; Euro Slips Post German Retail Sales

In early European trading on Friday, the U.S. dollar experienced a slight uptick, rebounding from losses in the previous session as investors awaited key...

Gold Prices Hold Steady with PCE Data in Focus; Copper Slips on Weak China

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

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

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%

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%

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

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

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

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

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

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....

Explore more

Read more

With each newly-published article, we explore more of what this planet has to offer us, and what we can offer it.

Advertisements
Advertisements
Advertisements