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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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DAX Expected to Lead European Outperformance in 2025, Analysts Predict
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Germany's DAX index is set to drive a period of European market outperformance in 2025, according to analysts at BCA Research. This forecast comes...
Indonesia Stocks End Lower; IDX Composite Index Down 0.52%
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Indonesia's stock market closed lower on Friday, with the IDX Composite Index falling by 0.52%, driven by losses in the Infrastructure, Agriculture, and Basic...
Nvidia Expands Workforce in China to Focus on AI-Driven Cars
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Nvidia has significantly increased its hiring in China, adding approximately 200 new employees this year, with a specific focus on advancing its research capabilities...
Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns
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Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...
EUR/USD Price Forecast Update – December 13, 2024
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The EUR/USD pair remains below the $1.0475 level, showing weak price action since the morning. This confirms the continuation of the bearish trend for...
Crude Oil Prices Hit Target – Forecast for 12-12-2024
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Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...
GBPJPY Reaches Second Target, Bullish Outlook Continues – Forecast for 12-12-2024
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The GBPJPY currency pair maintained its positive momentum, advancing further to hit the second target at 194.80. Following this, a temporary negative fluctuation occurred,...
Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024
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Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open, setting the stage for potential gains in...
Nippon Life to Acquire Resolution Life in $8.2 Billion Deal to Strengthen U.S. Presence
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Nippon Life Insurance, Japan's largest insurer, has announced plans to acquire the remaining shares it does not already own in Resolution Life Group Holdings...
Indonesia’s IDX Composite Index Closes Higher, Gaining 0.37%
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Indonesia's stock market closed on a positive note on Wednesday, with the IDX Composite Index rising 0.37%, reaching a new one-month high. The upward...
USDJPY Price Shows Recovery: Forecast for December 10, 2024
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The USDJPY price experienced a significant upward bounce yesterday, breaching the key resistance level of 150.18 and initiating a bullish wave. A closer analysis...
GBP/JPY Resumes Upward Momentum, Eyeing Key Resistance Levels: Forecast for December 10, 2024
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The GBP/JPY currency pair has continued its bullish correction, supported by the 38.2% Fibonacci retracement level at 190.70. This support, along with positive momentum...