Tag: Market
BYD Expands to Thailand and Slashes Prices Amid EV Competition
Electric vehicle competition is heating up in Europe, with BYD, a top Chinese electric vehicle manufacturer, making significant moves in the market. The company...
Gold price outlook: Climbing towards two-week high with focus on US NFP
Gold prices are on the rise, moving closer to a two-week high as investors focus on the upcoming US Nonfarm Payrolls (NFP) report. The...
Bitcoin Price Analysis: Plunges 4.5%, May Low and Mt Gox in Focus
Bitcoin's price has taken a hit, dropping by 4.5% recently. Many believe that this sudden drop is due to the distribution of 141,000 bitcoins...
XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area
The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...
June ISM Report: Soft Activity Continues with Cooling Prices
Manufacturing activity in June continued to show signs of weakness, remaining in contraction territory. However, there was a slight decrease in inflation pressure as...
Australian Dollar Strengthens as China’s Manufacturing PMI Beats Expectations
The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2...
Yen Hits Multi-Decade Lows, Euro Bounces Back, Dollar Remains Indecisive – Forex Market Update
Last week, the focus was on the Japanese Yen as it hit multi-decade lows, remaining the worst-performing currency. Despite the decline, Japanese authorities did...
Suzuki of Japan Warns Against Undesirable Rapid FX Movements
Japan's Finance Minister, Suzuki, recently made some remarks about the foreign exchange market that have caught the attention of many. He emphasized the importance...
United Airlines Stock Forecast: Market Shock Ahead for NASDAQ:UAL
United Airlines recently confirmed their strong guidance for the second quarter of the year, but despite this positive news, the stock price has dropped...
Fed Inflation Report: What to Expect on Friday
The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption...