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The precious metal gold price continues to trade sideways around 1,944 level as traders braces for the series of economic events from the U.S. economy. The U.S. Jobless Claims, Prelim GDP, and Fed Chair Jerome Powell speech may drive price action in gold prices. Checkout gold price forecast video.
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Aussie Dollar Near Mid-0.70s as Signals Favors Weakness Key Moments
AUD/USD trades near the mid-0.7000s after rebounding from a nearly two-month low around 0.7025-0.7020, with upside momentum still limited.
Geopolitical tensions, higher Crude Oil prices, and expectations for a […]
Weibo Corp. raises 286 million dollars in IPO, sells fewer shares than initially expected People with knowledge of the matter, who asked not to be named, reported that Weibo Corp., which is also known as the Chinese equivalent of Twitter, managed to raise 286 million dollars in its initial public offering in the U.S. The figures […]
Spotify may charge $5.99 more for new streaming service According to a report by Bloomberg News, Spotify may charge up to $5.99 per month on top of existing subscriptions for a new music streaming service, which will grant users access to higher-quality audio, remixing tools and concert […]
US 5G plan may affect 1.25 million passengers annually, United says United Airlines said earlier this week that the current 5G wireless rollout plan in the United States would negatively affect some 1.25 million of its passengers and at least 15,000 flights per year.United and other major airlines […]
Stock Indices: Dow Jones reaches fresh 3-month highs on dovish Fed rate outlook, Goldman Sachs, JP Morgan Chase support On Friday Dow Jones Industrial Average traded within the range of 17,481.49-17,620.58. The benchmark closed at 17,602.30, rising 0.69% (120.81 points) on a daily basis. It has been the 20th gain in the past 34 trading days and also a sixth […]
VIX Surges to $24.86, Signaling Market Jitters Key momentsVIX reached a near-three-month high, triggering a bearish signal indicating potential stock market weakness.
Increased volatility is driving investors towards safe-haven assets like US Treasuries, gold, and certain […]