Yearly Archives: 2024
Dollar Strengthen on Robust Job Data

Written on November 28, 2024 at 5:49 am, by
Market Summary The dollar regained strength after a brief technical correction, with the Dollar Index (DXY) rising above the 107 mark, bolstered by strong U.S. job data. Initial Jobless Claims came in below market expectations, signalling a resilient labour market and potentially paving the way for a more hawkish Fed stance. The Japanese yen alsoContinue Reading
Gold Extends its Gain as Geopolitical Tension Heighten

Written on November 28, 2024 at 5:42 am, by
Market Summary The financial market’s focus remains locked on escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, significantly heightening geopolitical risks. This development has intensified demand for safe-haven assets, with gold rallying over 3% since the start of the week. Analysts expect the bullish momentum in gold prices toContinue Reading
Gold Extends its Gain as Geopolitical Tension Heighten

Written on November 28, 2024 at 5:42 am, by
Market Summary The financial market’s focus remains locked on escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, significantly heightening geopolitical risks. This development has intensified demand for safe-haven assets, with gold rallying over 3% since the start of the week. Analysts expect the bullish momentum in gold prices toContinue Reading