News

CitiBank raised its three-month gold price forecast, citing several key factors, including a potential deterioration in the U.S. labor market, Federal Reserve trends toward cutting interest rates, and increased demand for gold, both…
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A recent report by UBS indicates that the fundamentals of the oil market remain under selling pressure despite rising geopolitical risks. Although the conflict in the Middle East initially raised concerns about potential supply disruptions,…
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1- Tesla's Upcoming Earnings Report: As earnings season approaches, Tesla is set to be one of the first major U.S. tech companies to reveal its financial results, which will be announced after trading closes on Wednesday. Tesla’s stock has…
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The U.S. dollar rose against most major currencies on Tuesday, continuing its upward trend that pushed it to its highest level in over two months. This movement was supported by expectations that the Federal Reserve will continue to…
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The Pound Sterling fell to a two-month low on Wednesday following weaker-than-expected inflation data from the UK. This data opened the door for the Bank of England to accelerate the pace of interest rate cuts. Meanwhile, the euro hit its…
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Oil prices saw a significant decline at the start of this week’s trading, wiping out all the gains made last week. This drop was due to investor disappointment in China’s announced stimulus plans, which failed to meet market expectations…
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The U.S. dollar remained steady at its recent highs on Monday as investors processed China’s weekend stimulus announcements, which fell short of expectations. Meanwhile, the euro continued its decline ahead of the European Central Bank…
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In an anticipated move to boost China's struggling economy, China announced on Saturday its intent to "significantly increase debt," without providing any details on the size of the stimulus package, leaving investors in suspense about how…
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Bank of America reported that stock purchases by its clients saw a slight improvement last week, with $0.6 billion flowing into the market after a series of outflows. Client investments were focused on individual stocks and exchange-traded…
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Oil prices saw an additional rise on Monday, with Brent crude nearing the $80 mark, continuing last week's gains, which were the largest since early 2024. The increase was driven by concerns about a potential expansion of the conflict in…
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