News

Asian stocks fell significantly today amid uncertainty surrounding the U.S. presidential race, which appears to be fraught with tensions. Trade-related concerns also led to a decline in Chinese markets, which hit their lowest levels in…
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The U.S. dollar declined on Wednesday, reaching its lowest level of the year against the Japanese yen following a major U.S. presidential debate. The USD/JPY pair dropped by 0.72%, while the EUR/USD pair rose by 0.25% against the dollar.…
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U.S. futures were largely steady today, indicating a potential pullback from the gains Wall Street recorded in the previous session. Investors are focusing on the anticipated inflation report, as well as any potential changes to interest…
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Gold prices registered a slight decline during Asian trading on Tuesday, but remained close to their recent highs as investors awaited key U.S. inflation data, which is expected to impact the Federal Reserve’s interest rate decisions.…
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The research team at JPMorgan has revised their rating on Chinese stocks from "Overweight" to "Neutral" within their coverage of emerging markets and Asia ex-Japan, citing economic challenges and a complicated outlook ahead. In their…
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Oil prices saw a slight rise on Thursday after dropping to low levels in recent months, with gains driven by expectations of delaying production increases from the OPEC+ alliance and a sharp decline in U.S. crude inventories. According to…
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According to Bank of America’s forecast, the August jobs report will play a crucial role in shaping the U.S. Federal Reserve’s approach to cutting interest rates. The Fed is expected to see an increase of 200,000 jobs in non-farm sectors,…
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Experts at Bank of America confirmed on Tuesday that gold prices could reach $3,000 per ounce next year. Since the end of 2023, the bank's commodities team has maintained a positive outlook on gold, with estimates suggesting that the price…
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According to Bank of America (BofA), China's economic growth is facing significant challenges in the near future, prompting the bank to lower its growth forecast for the world's second-largest economy. The main reason for this downgrade is…
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The U.S. Non-Farm Payroll (NFP) report is set to be released on Friday at 12:30 PM GMT. In a note to clients on Tuesday, Citi analysts predicted that the upcoming NFP report will show an addition of 125,000 jobs with the unemployment rate…
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