About: anakin
Recent Posts by anakin
Oil prices rebound following OPEC+ reassurance, but set for weekly decline
Key points: This article is a follow-up to: Oil prices hovering at lows with rising supply Supply chain disruption in the WTI oil sector Oil prices ticked higher on Friday, supported by reassurance from key OPEC+ members Saudi Arabia and Russia about their readiness to adjust output agreements. However, despite these gains, markets are headingContinue Reading
Written on June 7, 2024 at 8:06 am
Categories: Today's Analysis
Tags: Oil
Nvidia soars to record highs, eyes top spot by market cap
Key Points: This article is a follow-up to: Nvidia nears Apple in market cap as AI dominance drives growth The stock price of Nvidia (Symbol: NVDA) has been on an unstoppable ascent, recently reaching record highs and positioning itself as the second-largest US company by market capitalisation. On February 19, Nvidia surpassed Amazon (Symbol: AMZN),Continue Reading
Written on June 7, 2024 at 7:36 am
Categories: Today's Analysis
Tags: Stocks
Share Split Notification – June 7,2024
Dear Client, Shares product APH (Amphenol Corp – Class A) is about to conduct a share split after the market closes on June 12, 2024. Starting from the market opening on June 13, 2024, APH expects to provide investor trading in divided contracts. After the share split, please be aware of the following: 1. TheContinue Reading
Written on June 7, 2024 at 7:05 am
Categories: Notifications
Gold set for first weekly gain in three weeks as US dollar, yields decline
Key points: Gold prices held steady on Friday and were on track for their first weekly gain in three weeks. Traders are betting that the U.S. Federal Reserve will start cutting rates soon, which has sent the dollar and Treasury yields lower. Spot gold was little changed at $2,377.13 per ounce as of 0321 GMT,Continue Reading
Written on June 7, 2024 at 5:58 am
Categories: Today's Analysis
Tags: Gold
Dollar remains close to an 8-week low as payroll test approaches
Key points: The dollar hovered close to an eight-week low on Friday, with market participants keenly awaiting the U.S. jobs report. This report is expected to provide important clues on the timing of potential Federal Reserve interest rate cuts. The euro retained its overnight gains after the European Central Bank (ECB) reduced rates in aContinue Reading
Written on June 7, 2024 at 5:52 am
Categories: Today's Analysis
Tags: Dollar, Euro, Indices
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