Written by Linh Tran, Market Analyst at XS.com Gold opened the week by setting a new record high near USD 4,630/oz, before temporarily retreating to the USD 4,588/oz area during the Asian session this morning (at the time of writing). This price action has unfolded against a backdrop of global…
Continue ReadingWritten by Antonio Di Giacomo, Senior Market Analyst at XS.com The Mexican peso opened the January 12 session on a positive note against the U.S. dollar, stabilizing around $17.91 pesos per dollar. This appreciation reflects a favorable external environment for the local currency, as the weakening of the greenback has…
Continue ReadingRohde & Schwarz has opened a new larger office in Osaki, Japan, with increased capabilities, to deliver an innovation advantage for the Japanese automotive community. The new location, which replaces the original one in Shinjuku, has significantly enhanced facilities for service, repair, calibration and engineering support of test equipment as…
Continue ReadingBy Rania Gule, Senior Market Analyst at XS.com – MENA Gold is currently experiencing one of its most sensitive phases in years, trading steadily near its all-time highs. This clearly indicates that the market does not view the current rally as a temporary speculative wave, but rather as a structural…
Continue ReadingBy Dat Tong, Senior Financial Markets Strategist at Exness Gold surged to a new all-time high on Monday, supported by an increasingly fragile geopolitical backdrop and mounting concerns over the independence of the US Federal Reserve. Heightened safe-haven demand followed fresh tensions in the Middle East. In Latin America, risks…
Continue ReadingBy Frank Walbaum, Market Analyst at Naga The US dollar declined on Monday, unwinding Friday’s gains as mounting concerns over the independence of the Federal Reserve shook investor confidence. Reports that federal prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell raise the alarm about political interference…
Continue ReadingBy Bas Kooijman, CEO and Asset Manager of DHF Capital S.A United States: Markets Start the Year Strong Amid Mixed Economic Signals U.S. financial markets began the year on a positive note, with major stock indexes reaching new highs despite ongoing geopolitical uncertainty and emerging signs of economic cooling. Investors…
Continue ReadingBy Michael Brown, Senior Research Strategist at Pepperstone DIGEST – The December US jobs report was a bit of a mixed bag, though stabilising unemployment means the Fed should now stand pat at the end of the month. This week, US CPI, and the start of Q4 earnings season, highlight…
Continue ReadingBy Linh Tran, Market Analyst at XS.com The U.S. labor report released last Friday delivered a fairly clear message: the U.S. economy is cooling, but in a controlled manner. The data were not weak enough to trigger an aggressive policy pivot from the Federal Reserve, yet no longer strong enough…
Continue ReadingBusiness News for Profit, a fast-emerging English business magazine, has officially launched its 2nd Edition, marking another important milestone in its journey of delivering credible, insightful, and profit-focused business journalism. The latest edition places a strong spotlight on business news, the economy, and in-depth feature stories, catering to entrepreneurs, professionals,…
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