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World News Roundup
🇧🇷 Ibovespa Posts Marginal Loss on MondayThe Ibovespa edged lower to close at 120,759 on Monday, as a rebound in oil prices boosting key energy-related equities failed to offset widespread cautious sentiment. The consumer discretionary sector led the...
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World News Roundup
🇳🇿 New Zealand Shares Trade Lower to Kick off WeekStocks in New Zealand dropped 46.36 points or 0.39% to 11,737.03 in the morning session on Monday, retreating for the second straight day, weighed by falls from consumer staples, healthcare, util...
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World News Roundup
🇰🇷 South Korea Business Mood at 18-Month High in MayThe Business Survey Index (BSI) for the manufacturing sector inched higher to 74 in May 2024, from 73 in the previous month. It pointed to the highest level since November 2022 as export oriented de...
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World News Roundup
🇰🇷 South Korea Consumer Sentiment Drop to 6-Month Low in MayThe Composite Consumer Sentiment Index (CCSI) fell to 98.4 points in May 2024, after remaining at its highest level since August 2023 for two consecutive months. Consumer sentiment regarding...
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World News Roundup
🇳🇿 New Zealand Stocks Kick off Week LowerShares in New Zealand fell 8 points or almost 0.1% in early deals on Monday, falling for the second straight session as vigilance grew ahead of an interest rate decision from the RBNZ later this week.🇦🇺 BHP Gr...
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World News Round up
FX Updates: Japanese Yen Drops by 0.70% Top currency losers are Japanese Yen (-0.70%), Swedish Krona (-0.55%) and Swiss Franc (-0.53%). Gains are led by South Korean Won (0.32%) and Dollar Index (0.28%). In addition, there was a slight change on Euro...
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World News Round up
FX Updates: Swedish Krona Appreciates by 1.44%Top currency gainers are Swedish Krona (1.44%), Norwegian Krone (1.38%) and New Zealand Dollar (1.35%). Biggest losers are Dollar Index (-0.78%). In addition, there was a slight change on British Pound (0...
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World News Round up
South Korea Export Prices Rise the Most Since 2022South Korea's export prices jumped by 6.2% from a year earlier in April 2024, following a downwardly revised 2.3% rise in the previous month. It was the biggest rise in export cost since November 2022...
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WORLD NEWS ROUNDUP
New Zealand Services Sector Continues to ContractThe BusinessNZ Performance of Services Index in New Zealand fell marginally to a fresh 27-month low of 47.1 in April 2024 from a downwardly revised 47.2 a month earlier. Although Activity/Sales (46.5) ...
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Gold Analysis
#Daily GOLD Forecast – 10.5.2024An additional sign indicating a potential uptrend in XAU/USD quotes would be the examination of the support line on the relative strength index (RSI). Furthermore, a breakout from the upper boundary of the "Wedge&#...
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World News Round up
FX Updates: Brazilian Real Depreciates by 1.01%Top currency losers are Brazilian Real (-1.01%) and Dollar Index (-0.31%). Gains are led by Mexican Peso (0.77%), Australian Dollar (0.68%) and Polish Zloty (0.65%). In addition, there was a slight chang...
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World News Round up
Brazil Cuts Rates by 25 bpsThe central bank of Brazil lowered its key Selic rate by 25 bps to 10.5% in its May meeting, as widely expected. The Committee unanimously assesses that the uncertain global scenario and the domestic scenario marked by resi...
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World News Round up
 Gold is trying to recover from the losses of the last session and is clearly rising Gold prices were able to rise during trading on Wednesday, as the precious metal is trying to recover from the losses it incurred in the last session, which am...
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World News Round up
FX Updates: Norwegian Krone Drops by 0.68% Top currency losers are Norwegian Krone (-0.68%), British Pound (-0.44%) and Canadian Dollar (-0.43%). In addition, there was a slight change on Dollar Index (0.23%), Japanese Yen (-0.3%) and Euro (-0.13%)....
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World News Round up
Oil rises after Israeli strikes on Rafah and the continuation of truce talksOil prices rose on Tuesday, May 7, after Israel bombed the city of Rafah in Gaza, while negotiations on a ceasefire with Hamas continued without reaching an agreement.Brent c...
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