Stay on top of your trading with analyses of the latest market news.
Key points South Korean shares climbed on investor hopes for U.S. Federal Reserve rate cuts and positive U.S. stock movements. South Korea’s foreign exchange reserves fell in April, while corporate earnings from Kumho Petrochemical indicated a decline in net income. …
This week, the financial markets have displayed resilience, particularly evident in U.S. stocks buoyed by an impressive earnings season—the most robust in nearly two years. The S&P 500 reported a notable 5% year-over-year growth in earnings per share for Q1 …
With 65.61% of traders expecting a downturn in USD/JPY, conventional wisdom might suggest preparing for a decrease. However, the market often defies direct expectations, and the relatively high ratio of bears might hint at an overcrowded trade. For EUR/JPY, the …
7th May 2024 Key points: The Australian dollar fell slightly following the RBA’s decision to keep interest rates unchanged. Australian bond prices rose, and futures markets adjusted their expectations for further rate hikes downward. RBA’s rate decision On Tuesday, the Australian dollar …
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