European stocks turn in positive performance, close on firm note

European stocks closed on a firm note on Tuesday with investors indulging in some strong buying at several counters as they assessed the impact of Chi...

January 3, 2023, 5:36 pm

Why would we not make use of crypto?

Ask around and you’ll find that crypto participants are, on the whole, tremendously glad to see the back of 2022.

This is not to say that 2...

January 3, 2023, 3:30 pm

Gbp/aud 5-day forecast: pound to australian dollar rate weakens as china drops quarantine requirement

At the time of writing, GBP/AUD is trading at A$1.7748, virtually unchanged from today’s opening levels. The Australian Dollar (AUD) traded up again...

January 2, 2023, 9:29 am

Wti oil remains under pressure below $80 a barrel mark

WTI Extended its decline today as concerns grow around a rise in Covid cases following China’s relaxa...

December 29, 2022, 1:50 pm

Equities fall on risk aversion with 2023, china reopening in focus

Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost f...

December 29, 2022, 5:44 am

Elon musk tells tesla workers to relax despite ‘stock market craziness'

"Please go all out for the next few days and volunteer to help deliver if at all possible. It will make a real difference!...

December 28, 2022, 7:56 pm

China reopening prospects lend some support to european equities but uncertain outlook weighs

The possibility of China reopening after the country relaxed its COVID-19 restrictions for inbound trav...

December 28, 2022, 4:44 pm

Yen extends decline, aussie and kiwi stronger

Yen’s selloff continues today, so are the rallies in US and European benchmark treasury yields. While the cap on 10-year JGB yields was raised earli...

December 28, 2022, 2:08 pm

The nzd is the strongest and the jpy is the weakest as the na session begins

It's heading into the year end but nevertheless the forex markets are in motion. The NZD and AUD are leading a "risk-on"move today and are the stro...

December 28, 2022, 1:56 pm

Oil edges lower as traders monitor surge in china covid cases

Oil futures were slightly lower Wednesday, with optimism over the demand outlook stemming from China's continued ...

December 28, 2022, 7:47 am

Why are casino stocks wynn, lvs up today?

Casino stocks are rallying higher on Tuesday on hopes that China will continue relaxing its Covid-19 po...

December 27, 2022, 3:15 pm

Precious-gold gains on dollar weakness as china relaxes covid curbs

Gold prices firmed above the key $1,800 level on Tuesday as the U.S. dollar weakened following China’s decision to ease COVID curbs. Read Full Story...

December 27, 2022, 11:44 am

Gold gains on dollar weakness as china relaxes covid curbs

Gold prices firmed above the key $1,800 level on Tuesday as the U.S. dollar weakened following China’s decision to ease COVID curbs. Read Full Story...

December 27, 2022, 10:44 am

Gold price forecast xau/usd – underpinned by weaker dollar as china eases covid-19 restrictions

Dollar-denominated gold is being supported by a weaker greenback, which fell after China further relaxe...

December 27, 2022, 8:53 am

How you could trade, should china’s economy rebound in 2023?

For nearly three years, China maintained its “zero-Covid” strategy of mass testing and nation-wide lockdowns, even as the rest of the world return...

December 26, 2022, 11:44 am

Asia gold-japan buyers capitalize on dip in local prices, china subdued by covid

The jump in yen resulted in a fall in gold prices, leading to strong buying interest, a Tokyo-based trader said. Gold priced in yen dropped to its low...

December 23, 2022, 11:59 am

Carnival (ccl) q4 earnings top, revenues miss estimates

Carnival's (CCL) fourth-quarter fiscal 2022 performance reflects solid booking trends courtesy of relax...

December 21, 2022, 1:32 pm

Intraday market analysis – jpy consolidates gains

USDJPY breaks major support The Japanese yen soared after the BoJ unexpectedly relaxed its yield cap. T...

December 21, 2022, 7:21 am

As expats fled china's zero-covid, this developer built a sci-fi game for netease

Since the beginning of the COVID-19 pandemic, foreigners have been leaving China in droves to escape the country's strict “zero-COVID” restriction...

December 20, 2022, 10:38 pm

Oil futures climb higher on optimism about energy demand

Crude oil prices climbed higher on Monday amid optimism about increased demand for oil from China after the country ...

December 20, 2022, 12:14 am