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Dollar Surge Pressures Global Currencies Amid Fed Uncertainty

2025-01-13 | Current Affairs

Dollar Surge Pressures Global Currencies Amid Fed Uncertainty

The U.S. dollar climbed sharply on Monday, reaching multi-year highs against other currencies after an unexpectedly strong U.S. jobs report highlighted the resilience of the American economy

US Markets Mixed as Fed Signals Caution on Rate Cuts

2025-01-10 | Market Analysis

Hong Kong Gold Stocks Shine, Pop Mart IPO Sees 50% Surge

Hong Kong gold stocks rallied on Thursday, with Lingbao Gold jumping over 10%, while toymaker Pop Mart soared more than 50% on its IPO debut

Weekly Economic Events

2025-01-10 | Weekly Economic Calendar

Weekly Economic Events: January 13–18, 2025

As we progress through January 2025, we would like to bring your attention to the key economic events and currency updates scheduled for the week

Musk Urges State AGs to Facilitate OpenAI Stake Auction

2025-01-10 | Current Affairs

Musk Urges State AGs to Facilitate OpenAI Stake Auction

Musk’s lawyer submitted a letter requesting the states to ensure an open bidding process to safeguard public interest as OpenAI move away from nonprofit control

Gold Surges to $2,670 on Uncertainty, Oil Prices Climb 1%

2025-01-10 | Market Analysis

Gold Surges to $2,670 on Uncertainty, Oil Prices Climb 1%

Gold surged to $2,670, reaching a four-week high on safe-haven demand amid market uncertainty, while crude oil gained nearly 1% on rising winter fuel demand

Global Stocks Struggle Amid Rising Treasury Yields and Tariff Concerns

2025-01-09 | Current Affairs

Global Stocks Struggle Amid Rising Treasury Yields and Tariff Concerns

TODAY’S NEWS The ongoing selloff in global bonds intensified on Wednesday, weighing on Wall Street stocks and bolstering the dollar as robust U.S. economic data lowered hopes for imminent aggressive interest rate cuts by the Federal Reserve. The 10-year U.S. Treasury yield climbed to a peak of 4.73%, the highest since April 2024, before settling […]

US Markets Mixed as Fed Signals Caution on Rate Cuts

2025-01-09 | Market Analysis

US Market Mixed as Fed Signals Caution on Rate Cuts

US market ended mixed as Fed minutes hinted at a cautious approach to rate cuts, with inflation and Trump policies driving concerns

Gold Surges to $2,670 on Uncertainty, Oil Prices Climb 1%

2025-01-09 | Market Analysis

Gold Surges on Weak ADP Data, Crude Oil Slips Over 1%

Gold climbed to a four-week high on softer ADP job numbers, while crude oil slid 1% as growing US fuel stockpiles and a stronger dollar pressured the market

US Markets Mixed as Fed Signals Caution on Rate Cuts

2025-01-08 | Market Analysis

US Stocks Fall as Nvidia Sinks Over 6%, Tech Leads Declines

US stocks closed lower on Wednesday, led by a 6% drop in Nvidia and widespread tech losses. Rising bond yields added pressure to the market

Gold Surges to $2,670 on Uncertainty, Oil Prices Climb 1%

2025-01-08 | Market Analysis

Gold Hits 1% Intraday High Before Paring Gains, Oil Prices Surge

Gold hit a 1% intraday high before retreating, supported by China’s reserve increase. Oil prices rebounded nearly 1% on tightening supply and bullish API data