Tue, April 23, 2024
Regional tensions and stocks, South Korea
Economy

Quick Look: South Korea’s shadow banking has grown to S$85.8 trillion, with

Regional tensions and stocks, South Korea
Economy

Quick Look: South Korea’s shadow banking has grown to S$85.8 trillion, with

Regional tensions and stocks, South Korea
Economy

Quick Look: South Korea’s shadow banking has grown to S$85.8 trillion, with

TODAY'S FEATURED

The Central Bank of Russia and crypto, nickel
Commodities

Quick Look: Nickel prices hit a seven-month high on the London Metal

Weekly Overview: Forex, Stocks, Crypto, Commodities
Weekly Overview

Lots of major events influence the global market every day. Prices fluctuate

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The Central Bank of Russia and crypto, nickel

Nickel Prices Shift Amid Supply Fears

Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases.

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FOREX NEWS

FOREX NEWS

BROKER NEWS

usd/chf Franc: New Swiss franc bills.

Economic and Geopolitical Dynamics Drive USD/CHF Shifts

Quick Look: USD/CHF technical levels support at 0.9075, with key resistance at 0.9243 marked by SMA hurdles. Surpassed several technical barriers since early 2024, signalling a robust reversal pattern. Influenced by events like Israel’s drone attack on Iran and

Wibest – GBP AUD: A close up of a hundred Australian dollar bill.

AUD/USD Outlook: Technical Indicators Signal Bullish Reversal

Quick Look: As suggested by indicators like Bullish Hammer and Dragonfly Doji, AUD is shifting to a bullish sentiment against USD. The Australian inflation report and Chinese market movements could drive AUD volatility. Recommendation for a long position on

ibest – Reserve Bank of New Zealand: New Zealand dollar bills.

NZD: Global Markets Waver Amid New Zealand Inflation

Quick Look: The New Zealand Dollar plunged by 0.92% after inflation data came in lower than expected at 0.1% for Q1 2024. The Reserve Bank of New Zealand plans to cut rates with inflation below target. Forecasts are suggesting

Wibest – the aud: Austalian dollar bills.

AUD/USD: Critical Events to Drive Weekly Dynamics

Quick Look: The People’s Bank of China will likely maintain key rates; any changes could influence AUD significantly.  AUD/USD shows bearish trends; key resistance is $0.64582, and support is $0.62713. Australian and US inflation figures due this week could

The Central Bank of Russia and crypto, nickel

Nickel Prices Shift Amid Supply Fears

Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases. Meanwhile, lead dipped on both

Oil

Crude Oil Market Volatility Amidst New Sanctions

Quick Look: New sanctions targeting Venezuela’s crude oil sector affect US Gulf Coast supply as Mexico also cuts exports. US spares Iran’s oil industry, focusing sanctions on UAV production; geopolitical tensions could escalate oil prices. A minor increase in

CCL Argo Blockchain

WiSA Technologies Soars 17.1% on New 5-Year HDTV Deal

Quick Look:  WiSA Technologies’s stock jumped 17.1% following a five-year licensing deal with a top HDTV brand. The deal involves integrating WiSA’s E software in HDTV/PTV products, enhancing audio quality. Despite a previous 59.7% YTD decline, this deal boosts

gold

Gold, Silver Up Rs 10, Rs 100 Amid Global Strife

Quick Look: Gold (XAU) prices rose by Rs 10 per 10 grams, and silver increased by Rs 100 per kilogram in India. Global issues, notably Middle East conflicts, pushed USold to $2,369.93 per ounce. Market sentiment shows that 78%

BROKER NEWS

The Central Bank of Russia and crypto, nickel

Nickel Prices Shift Amid Supply Fears

Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases. Meanwhile, lead dipped on both the London and Shanghai exchanges. Nickel Creek Platinum Corp experienced

The Central Bank of Russia and crypto, nickel

Nickel Prices Shift Amid Supply Fears

Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases. Meanwhile, lead dipped on both the London and Shanghai exchanges. Nickel Creek Platinum Corp

Oil

Crude Oil Market Volatility Amidst New Sanctions

Quick Look: New sanctions targeting Venezuela’s crude oil sector affect US Gulf Coast supply as Mexico also cuts exports. US spares Iran’s oil industry, focusing sanctions on UAV production; geopolitical tensions could escalate oil prices. A minor increase in Brent and US crude oil prices despite a significant

CCL Argo Blockchain

WiSA Technologies Soars 17.1% on New 5-Year HDTV Deal

Quick Look:  WiSA Technologies’s stock jumped 17.1% following a five-year licensing deal with a top HDTV brand. The deal involves integrating WiSA’s E software in HDTV/PTV products, enhancing audio quality. Despite a previous 59.7% YTD decline, this deal boosts WiSA’s market position and investor confidence. WiSA Technologies, traded

gold

Gold, Silver Up Rs 10, Rs 100 Amid Global Strife

Quick Look: Gold (XAU) prices rose by Rs 10 per 10 grams, and silver increased by Rs 100 per kilogram in India. Global issues, notably Middle East conflicts, pushed USold to $2,369.93 per ounce. Market sentiment shows that 78% of investors don’t foresee a recession next year. Gold

Plus500 Witnesses Growth in Q1 Revenue

In the first quarter, Plus500 reported a $215.6 million revenue, marking a 4% rise Y-o-Y and a 14% increase Q-o-Q. Customer income was $169.6 million, with $30.6 million coming from customer trading performance. The

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