Apr 21, 2023 13:54
Apr 21, 2023 13:52
Apr 20, 2023 13:54
Fund is currently at a high risk.
Fund is currently at a high risk.
Fund is currently at a high risk.
Jan 31, 2024 16:47
Jan 16, 2024 17:13
Dec 28, 2022 16:18
Dec 14, 2022 16:30
Dec 06, 2022 14:12
Jan 16, 2024 17:07
Mar 10, 2023 13:54
Jan 04, 2023 16:18
Dec 15, 2022 11:32
Dec 08, 2022 16:27
Dec 09, 2022 17:36
Nov 16, 2022 17:24
Nov 08, 2022 17:27
Oct 28, 2022 16:27
Oct 26, 2022 17:57
As concerns of a global economic decline intensify, the oil price struggles to maintain the immediate support of $77.00. To combat persistent inflation, global central banks are preparing for a new cycle of interest rate increases. Fears of a global economic downturn have caused investors to disregard China's optimistic outlook.
Ahead of provisional US S&P PMI data, the gold price is oscillating in a tight range around $2,000. A USD Index advance beyond the 100.90-102.03 threshold will be considered decisive. After rising above the immediate resistance leveled at $2,011.90, the gold price is anticipated to continue to rise.
As the USD Index has entered a mode of declining volatility, the price of gold is in a sideways trend. The market expects that constrained credit conditions will impact the working capital management of cash-dependent companies. To prevent a decline in asset quality, banks have tightened credit disbursement requirements.
Silver price breaks a two-day winning trend and falls to a new intraday low. The Silver Institute reports a record supply deficit as the global XAG/USD demand reaches a new apex in 2022. Inflation and rate increase apprehensions combine with geopolitical worries to boost the Silver price.
The price of Natural Gas falls from its greatest point in a month to record its first daily decline in three. XNG/USD supporters are also bolstered by a strengthening US Dollar, rumors of sufficient gas supplies in the United Kingdom, and milder weather in the West. In the midst of a sluggish session, geopolitical concerns and hawkish Fed wagers support a USD recovery.
An ex-chief financial officer (CFO) of several special purpose acquisition companies (SPACs) pled guilty to stealing more than $5 million from them and losing almost all of it in joke stocks and cryptocurrencies.
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After a gap-down opening, the NZD/USD aims to build a cushion near 0.6220. The anti-Covid rallies in China have affected commodity-linked currencies. This week, the Fed Powell speech will be of the utmost importance.
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Strong retail sales alleviated worries about slowing economic growth, lifting Apple, Tesla, and other mega cap growth companies. Financials, materials, consumer discretionary, and technology gained more than 2%.
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The California Coastal Commission's staff recommended Monday that the project's application be denied. Proposed 50 million gallons (189.3 million liters) of drinking water per day project may be doomed.
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