Introducing Bullionz the world of cryptocurrency continues to evolve, and now, more than ever, traditional investment platforms are stepping into the digital realm. One such platform making waves is Bullionz, a company initially known for its user-friendly gold trading services. With a solid foundation built on its gold-backed digital token, BTXG, Bullionz is now expanding …
Bitcoin Sharpens faced significant losses on Wednesday, dropping to a four-week low as traders moved away from high-risk assets. The cryptocurrency’s decline is part of a broader trend driven by renewed concerns over a potential global economic recession, triggered by weak industrial data from both the US and China. This shift in market sentiment has …
Gold Sharpens prices extended their decline during Asian trading on Wednesday, marking the fourth consecutive session of losses. Investors are becoming increasingly cautious as they await key US labor data that could significantly influence the Federal Reserve’s decisions on interest rates later this year. The recent drop has pushed gold prices to two-week lows, breaking …
Amid a Stock the global markets recently experienced a significant downturn, with massive losses that have drawn comparisons to the infamous Black Monday. On Tuesday, the markets witnessed a dramatic selloff, raising concerns about a potential global economic contraction. The situation was further exacerbated by disappointing industrial data from major economies like the US and …
Amid a Stock Rout: What’s the Massive Losses in Global Markets? Read More »
Oil Prices Lose in global oil markets, have recently experienced significant turbulence, with oil prices plunging over 4% in American trade on Tuesday. This downturn marks a resurgence of losses for US crude, which is now nearing seven-month lows and poised to trade below the critical $70 per barrel threshold. Simultaneously, Brent crude has dipped …
Euro Holds its ground in European trade on Monday, recovering from recent lows against the dollar. Trading above the psychological barrier of $1.1, the euro is set to post its first profit in four days. This resilience comes amid receding inflationary pressures in the Eurozone, which has increased the likelihood of a rate cut by …
Euro Holds Above Two-Week Lows Ahead of Crucial US Data Read More »
Dollar Retreats experienced a pullback in European trading, moving away from its two-week high reached earlier in Asian markets. This decline, driven by profit-taking, marks the first loss for the dollar in four days. Market participants are now closely watching upcoming US payroll data to gain insights into the Federal Reserve’s monetary policy direction, especially …
Dollar Retreats from Two-Week High on Profit-Taking Read More »
Brent Oil Prices has seen significant fluctuations recently, with Brent crude oil prices dropping to a two-week low. This decline is driven by concerns over potential production hikes by OPEC+ and weaker-than-expected fuel demand in major economies like the US and China. The market’s reaction highlights the delicate balance between supply and demand, as well …
Understanding the Dollars in recent trading sessions, has surged to a two-week high against a basket of major currencies, largely influenced by movements in US treasury yields and anticipation surrounding Federal Reserve monetary policy decisions. The Dollar Index Surge The dollar index climbed 0.2% on Tuesday, reaching 101.86, its highest level since August 20. This …
Yen Approache In recent trading sessions, the Japanese yen has shown notable strength, approaching a two-week high against the U.S. dollar. This rise comes as investors hold their positions in anticipation of Bank of Japan Governor Kazuo Ueda’s upcoming testimony. Meanwhile, U.S. Treasury yields have dipped following the release of the Federal Reserve’s latest meeting …
Yen Approache Two-Week High Ahead of Kazuo Ueda’s Testimony Read More »
