News

Stay updated with the latest market news, economic events, and key developments impacting global financial markets.

USD Strengthens Amid Global Market Uncertainty

The US Dollar gains momentum as investors seek safe-haven assets amidst rising geopolitical tensions and economic slowdown in Europe.

October 8, 2024

Gold Prices Surge as Inflation Concerns Persist

Gold rallies to a six-month high, driven by fears of prolonged inflation and weakening global demand for industrial commodities.

October 8, 2024

Crude Oil Dips Below $70 as Supply Chain Recovers

Crude oil prices fall sharply as major oil producers increase supply, easing pressure on global energy markets.

October 8, 2024

Fed Hints at Interest Rate Hike in Q4

The Federal Reserve signals a potential rate hike in the fourth quarter as inflation remains above target, pushing USD higher.

October 8, 2024

EUR/USD Hits 2-Year Low Amid Weak European Economic Data

The Euro continues to decline as poor economic data from Germany and France dampens hopes of recovery in the Eurozone.

October 8, 2024

Tesla Shares Drop After Q3 Earnings Miss

Tesla’s stock plunges 5% after the company’s third-quarter earnings report falls short of Wall Street expectations.

October 8, 2024

Global Wheat Prices Rise Due to Prolonged Drought

Wheat prices soar as drought conditions in key producing regions reduce crop yields, raising concerns over global food supply.

October 8, 2024

Japan’s Yen Strengthens as Investors Seek Safe Haven

The Japanese Yen appreciates against major currencies as investors turn to low-risk assets amid escalating geopolitical conflicts.

October 8, 2024

Apple Stock Hits Record High Ahead of New Product Launch

Apple shares surge to an all-time high as investors anticipate strong demand for the company’s latest product line, set to be revealed next month.

October 8, 2024

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