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AUD/USD Weekly Forecast: Greenback Weak, Focus On US CPI
Article By: Yohay Elam
Saturday, May 11, 2024 7:26 PM EDT
The RBA was not as hawkish as most had expected. Australia recently reported higher-than-expected figures for Q1 inflation and employment. The dollar was weak after unemployment claims jumped.
In this article: FXA, UUP
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Week In Review: Sciwind, Sino Biological And Biocytogen Announce Deals
Article By: ChinaBio® Today
Saturday, May 11, 2024 3:40 PM EDT
Beijing’s Sino Biological completed its $48 million acquisition of Vancouver-based SignalChem Biotech. Additionally, Biocytogen Pharmaceuticals signed a TCR-mimic antibody evaluation and potential licensing agreement with BioCopy AG.
In this article: DHR, IVBXF, WUXIF
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Zeekr Achieves The Fastest IPO In The Car Industry With A Market Value Of $50 Billion
Article By: EqualOcean
Saturday, May 11, 2024 2:20 PM EDT
On May 10, Zeekr officially listed on the New York Stock Exchange with the stock ticker "ZK." It was reported that Zeekr issued 21 million American Depositary Shares at a price of $21 per share, raising approximately $441 million.
In this article: GELYF, ZK Also: NIO, LI, XPEV
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Forex And Cryptocurrencies Forecast For May 13-17
Article By: Roman Butko
Saturday, May 11, 2024 1:40 PM EDT
Throughout the past week, the EUR/USD currency pair exhibited mixed dynamics, primarily driven by expectations concerning potential interest rate cuts by the US Federal Reserve and the European Central Bank.
In this article: FXE, FXB, FXY, UUP, BITCOMP
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Visualizing Copper Production By Country
Article By: Jeff Desjardins
Saturday, May 11, 2024 11:37 AM EDT
Most copper comes from South America - Chile and Peru account for one-third of the world’s copper output. Here's where it all came from in 2023.
In this article: JJCTF
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Sensex Today Ends Higher; Nifty Tops 22,050
Article By: Equitymaster India
Friday, May 10, 2024 10:00 AM EDT
On Friday, Indian share markets traded on a positive note throughout the trading session and ended higher.
In this article: INDY, EPI, PIN, INDA
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Convenience Store Gold Flying Off Shelves In Korea
Article By: Stefan Gleason
Friday, May 10, 2024 9:25 AM EDT
Korea’s largest convenience store chain, CU, has teamed up with Korea Minting and Security Printing Corporation to offer customers fingernail-sized gold bars.
In this article: GLD
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Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Fortescue Ltd
Article By: Peter Mathers
Friday, May 10, 2024 8:02 AM EDT
The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.
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AUD/USD Price Analysis: Pausing Within New Uptrend
Article By: FXStreet
Friday, May 10, 2024 6:28 AM EDT
AUD/USD is consolidating after reversing its short-term trend and beginning a new uptrend. A break above 0.6624 would confirm more upside for the pair.
In this article: FXA, UUP
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Sensex Today Jumps 500 Points; BPCL Gains 5% On Bonus Announcement
Article By: Equitymaster India
Friday, May 10, 2024 4:40 AM EDT
Benchmark indices surged today, driven by strength in auto and energy stocks, following positive global sentiment.
In this article: INDY, EPI, PIN, INDA
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Towards A New Silver Short Squeeze?
Article By: GoldBroker
Friday, May 10, 2024 2:50 AM EDT
It seems likely that last year's silver shortfall will be repeated next year. The current supply is unable to keep pace with ever-increasing demand.
In this article: GDX, GLD, SLV
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South Korea’s New Way To Pursue Safety
Article By: SchiffGold
Thursday, May 9, 2024 9:30 PM EDT
While gold bullion is most often sold in bar or 1oz coin form, the Korean retail market is benefitting from gold’s latest success with a very atypical marketing strategy.
In this article: GLD
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Asia Open: Rate Cut Optimism Fuelled By Higher US Jobless Claims
Article By: Stephen Innes
Thursday, May 9, 2024 7:00 PM EDT
However, there's a palpable sense of groggy momentum as investors brace themselves for next week's pivotal US inflation data release.
In this article: FXY, OIL, UCO, UNG, USO, UUP, SPX
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Mapped: Southeast Asia’s GDP Per Capita, By Country
Article By: Jeff Desjardins
Thursday, May 9, 2024 1:01 PM EDT
Singapore stands head-and-shoulders above the rest of the region with a per capita GDP past $88,000. It is also, incidentally, one of the richest nations in the world by this metric.
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Analytical Overview Of The Main Currency Pairs - Thursday, May 9
Article By: JustMarkets
Thursday, May 9, 2024 10:40 AM EDT
From a technical point of view, the medium-term trend of the currency pair USD/JPY is bearish.
In this article: FXE, FXB, FXY, UUP, XAU
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Our Latest Views On The Major Central Banks
Article By: ING Economics
Thursday, May 9, 2024 9:52 AM EDT
Despite recent setbacks, we continue to expect three rate cuts from the US this year, starting in September. A European Central Bank rate cut in June looks like a done deal.
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