<p> <br /> </p> <div> <div> <img decoding="async" alt="UBS upgrades Chinese EV maker Geely Auto" id="carouselImage" src="https://i-invdn-com.investing.com/news/LYNXNPEB6R0AQ_L.jpg" style="visibility:hidden" /><br /> <span>© Reuters. UBS raises estimate
Blogs
GBP advances on improved market mood
<p> <br /> </p> <div> <p> <br /> <span>Share:</span> <br /> </p> <h2>GBP/USD Forecast: Pound Sterling holds above key support levels, encouraging buyers</h2> <p>Despite the risk-averse market environment and the persistent US Dollar (USD) strength, GBP/US
EDGE Chart of the Day – NZDUSD (January 4th, 2024)
<div><p><div><h2 itemprop="headline">NZDUSD sitting on key support ahead of the NFP</h2><div><div></div></div></div><br /> <section itemscope="itemscope" itemtype="https://schema.org/BlogPosting" itemprop="blogPost"><div itemprop="
Next Week’s Menu: January 6 – 12, 2024
Central Banks: Interest rate policies will be reviewed in South Korea, Serbia, Romania, Peru and Poland. Holiday: Japanese markets closed January 8 for Coming of Age Day. Scheduled U.S. Data Releases: Consumer prices, producer prices, small business sentiment, and consumer price expectations. Weekly jobless insurance claims, mortgage applications,
Further Big Rise in Bond Yields
Ten-year sovereign debt yields overnight rose by a further 13 basis points in Greece, 12 bps in Italy, 10 bps in Spain, 9 bps in France and Germany, 8 bps in the U.K. and seven basis points in the United States. Amid this backing up of long-term interest rates, equities remained on their back foot, […]
Why BTC Plunges To $40K? Here are 4 reasons!
<p> "Last night there must have been a lot of people who were surprised, didn't you do something that was detrimental when the BTC price fell?"</p><p><br /></p><p>Cryptocurrency king Bitcoin (BTC) overnight gave investors a thrill when its price plummeted to $40,755 after climbing nearly $
Arbitrum ‘Slow-Slow’ Climbs Up, TVL Surpasses $10 Billion!
<p> "The ARB will only be launched in 2023, but it has already shown very impressive achievements compared to the others."</p><p><br /></p><p>The entire cryptocurrency market is increasingly paying attention to Arbitrum (ARB) which is climbing slowly to reach more than $2 on January 3, 2024 fro
Ringgit Value Is Weak, FOMC Report Gives True Answer
<p> This morning, the Malaysian Ringgit (RM) currency weakened again against the US dollar after hopes of a cut in interest rates next March by the Fed faded. The US Federal Open Market Committee (FOMC) report provided little answer about the extent of the cuts.</p><p><br /></p><p>Exactly at 9 this morni
For the sake of BTC ETF, Goldman Sachs Wants to Collaborate with BlackRock & Grayscale!
<p> "Hmm, what is Goldman Sachs' real aim in joining hands with these two giant firms?"</p><p><br /></p><p>While awaiting approval from the Securities and Exchange Commission (SEC), Goldman Sachs is in talks to seal an agreement with BlackRock and Grayscale to serve as an “authorized parti
Bursa Malaysia Has Not Changed, Wall Street's Performance Is Rather Slow
<p> Today, Bursa Malaysia opened almost unchanged due to slightly less encouraging performance sentiment on Wall Street overnight.</p><p><br /></p><p>At 9am this morning, the FTSE Bursa Malaysia (FBM KLCI) fell as much as 0.24 points to 1,462.13 from 1,462.37 on Wednesday.</p><p><br />&