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Hedge Fund Manager: Chinese Investors Remain Steady Amid Trade Tensions
Wong Kok Hoi, founder of APS Asset Management, believes Chinese investors have adjusted to the ongoing "hostile" actions taken by the United States against...
Oil Imports Exempted from Trump’s Sweeping Tariffs
WASHINGTON — The U.S. oil industry received a significant relief on Wednesday as imports of oil, gas, and refined products were exempted from President...
Sri Lankan Stocks on Track to Be Frontier Haven, EM Fund Says
Sri Lanka, which faced an unprecedented economic crisis culminating in a default in 2022, is on the path to recovery, and global investors are...
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EUR/USD Price Continues to Decline Amid Downward Correction – Forecast for March 27, 2025
The EUR/USD exchange rate extended its losses in intraday trading on March 27, 2025, as the market...
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Asian Stocks Subdued Amid Economic Concerns, Yen Softens as BOJ Holds Rates
Asian stock markets were relatively subdued on Wednesday as economic concerns and shifting geopolitical tensions weighed on...
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Australia’s Job Market Decline Fuels Rate-Cut Speculation
SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs,...
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SoftwareOne to Acquire Crayon Group in $1.4 Billion Deal
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SoftwareOne Holding AG (SIX: SWON) has announced an agreement to acquire Crayon Group (OL: CRAYN) for a deal valued at $1.4 billion, marking a...
NZD/CAD Price Forecast Update – December 20, 2024
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The NZD/CAD currency pair has recently experienced significant negative pressure, resulting in multiple bearish waves and a break below the 0.8145 level, which represents...
Bitcoin Price Forecast (BTC/USD) Update – December 20, 2024
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Bitcoin (BTC) has resumed its downward movement, now testing the $95,195 level. A break below this support could confirm the continuation of the correctional...
GBP/USD Forecast Update – December 19, 2024
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The GBP/USD is showing positive movement, testing the key resistance level at $1.2615 and attempting to break through it. This creates a cautious outlook...
Gold Price Forecast Update – December 19, 2024
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Gold prices have been fluctuating around the $2615.00 mark since this morning, as the market awaits negative momentum to resume the expected bearish trend...
Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
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Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...
GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)
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The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double bottom pattern, reinforcing the continuation of the...
Bitcoin Price (BTCUSD) Continues to Reach Historical Highs – Forecast for December 17, 2024
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Bitcoin (BTCUSD) recorded fresh positive gains yesterday, reaching the $108,000 level, while moving within a minor bullish channel. This strengthens the possibility of further...
EURJPY Encounters Strong Resistance – Forecast for December 17, 2024
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The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This level marks the completion of the previously...
Alibaba to Sell Intime Department Store Chain for $1.3 Billion Loss Amid Restructuring Efforts
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Alibaba Group announced on Tuesday that it will sell its Chinese department store unit, Intime, at a loss of $1.3 billion as part of...
Brazilian Digital Lender Nubank Invests $150 Million in Tyme Group
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Sao Paulo, Brazil – Nubank, the prominent Brazilian digital bank, has announced a significant investment of $150 million in Tyme Group, a fast-growing digital...
GBP/USD Forecast – December 16, 2024
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The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend forecast remains in place for the day,...