Gold Market Highlights: Turmoil and Projections The gold market remains at the crossroads of politics and macroeconomics. Will it maintain its upward momentum? Haven asset demand rises as gold steadies at $2,634/oz amid political unrest in South Korea and France. In South Korea, a surprising martial law declaration (and quick reversal) by President Yoon Suk […]
Europe Faces Political Turmoil: French No-Confidence Votes and South Korean Impeachment Drama Shake Markets Political crises rock France and South Korea! 🇫🇷 French lawmakers to vote on no-confidence motions threatening Macron’s fragile coalition. 🇰🇷 Calls grow to impeach South Korea’s president after a martial law debacle. Markets react: Euro near 2-year lows. Details 👇 #Forex […]
Yen Rallies as Tokyo CPI Sparks Rate Hike Bets A surprise surge in Tokyo’s inflation sent the yen soaring to its strongest level in six weeks, breaking the critical 150-per-dollar mark. With core inflation accelerating, traders are ramping up expectations for the Bank of Japan to hike rates next month, signaling a potential end to […]
Bitcoin Nears $100K Amid Crypto-Friendly Regulatory Hopes! Can Bitcoin break the $100K barrier before the end of the year? Crypto Soars on Regulatory HopesBitcoin jumped to $97,361 this week, fueled by expectations that pro-crypto candidates will lead US regulators under President-elect Donald Trump. SEC and CFTC Shake-UpPaul Atkins, a known crypto advocate, is in the […]
Gold Holds Steady Amid Cease-Fire News Is Gold Poised for a Comeback or Will US Data Weigh It Down? Gold trades near $2,630/oz as Israel and Hezbollah agree to a 60-day cease-fire. Haven demand softens following Middle East developments. US Data in Focus Investors await key US economic reports, including: Fed’s November meeting minutes PCE […]
Global Markets Brace for Impact After Trump’s Tariff Warning Could Trump’s tariff threats spark a prolonged trade war, and how might this impact global economic recovery efforts? Trump Targets Tariffs on Mexico, Canada, and China In a late-night Truth Social post, Trump warned of 25% tariffs on Mexico and Canada over border control issues and […]
Euro Hits 2-Year Low: Key Highlights on ECB Rate Cut Expectations Will the euro continue its slide, or can the ECB steady the ship? Euro Slides to $1.0335 The euro tumbles to its weakest level since 2022, losing over 1% in a single session.Markets Eye Aggressive ECB Cuts Traders now see a 50% chance of […]
Asian Equities Rebound as Tech Stocks Rally; Dollar Extends Winning Streak Asian equities rose Friday, led by a rebound in semiconductor stocks, as investors eased concerns over Nvidia’s revenue outlook. The MSCI Asia Pacific index climbed 0.7%, with gains in Australia, Japan, and South Korea offsetting declines in Hong Kong and China. The dollar extended […]
$100K Bitcoin: Milestone or Just the Beginning of a New Era? Is $100K just the beginning for Bitcoin? Historic Milestone in Sight Bitcoin surged to $98,342, just shy of the symbolic $100,000 mark. The crypto market gained $900 billion since Trump’s election victory on Nov. 5. Trump’s Pro-Crypto Stance President-elect Donald Trump’s pivot from crypto […]
Asian Equities Decline Amid Nvidia Forecast Miss and Geopolitical Tensions Asian stocks fell 0.3%, led by declines in tech heavyweights, as Nvidia’s third-quarter revenue forecast disappointed lofty expectations, dampening sentiment globally. Indian markets underperformed due to a US indictment of Gautam Adani, causing sharp losses in Adani Group shares and bonds. Nvidia’s ripple effect impacted […]