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Oct-05 , 2024

Oil Trade Alert: API Data Supports Price Recovery, Eye on EIA

On Thursday (October 17th), in the early Asian market, international oil prices rebounded slightly, reducing the significant decline from the previous two trading days. West Texas Intermediate (WTI) c...

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Sep-29 , 2024

Nasdaq 100 Trails Bear Market Average?

Although the recent surge in U.S. stocks has been quite spectacular, strategists have indicated that the performance of the Nasdaq 100 Index remains below the average level during bear markets, and th...

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Sep-26 , 2024

Post-Rate Hike, Market May Price Inflation Below 2%

Next week, the Federal Reserve's interest rate hike of 25 basis points is almost a foregone conclusion, and the market expectations are likely to undergo a dramatic change after the interest rate deci...

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Sep-12 , 2024

$450B Floods In, Will Short Covering Ignite US Stocks Further?

Last month saw a surge in capital flowing into U.S. stocks, reaching a high not seen since March 2022. As concerns over economic recession fade, a massive short covering is imminent, leaving room for ...

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Sep-10 , 2024

Gold Price Forecast: Gold/USD Hits Record High

XAU/USD Current Price: $2,675.01Amid scarce macroeconomic data, market sentiment led the charge on Wednesday.Focus shifts to the ECB's monetary policy decision on Thursday.XAU/USD aims to set a new hi...

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Sep-05 , 2024

Saudi Arabia's Fuel Oil Imports from Russia Skyrocket Nearly 10 Times Year-on-Year

Saudi Arabia's fuel oil imports from Russia in the first half of this year have already exceeded the total for last year. Besides acting as a middleman to earn the price difference, this is also relat...