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Safe-Havens Pose As Largest Market Winner
Nov 01,2019
Thursday market session led to significant gains on safe-haven assets, with gold (XAUUSD), and the Japanese Yen pairing against the dollar (USD/JPY) recording tremendous benefits. Gold itself, surged up to 200-pips, from daily low around $1,493 to $1,514, whereas pair of USD/JPY plunging more than 80-pips from a daily high around......
Pressure Weighs On Oil Market
Nov 01,2019
Crude oil prices had been plunging for four days in a row since this week, pressured by few key factors. Previously, the oil market was receiving an upward momentum following trade optimism when the US and China stated that they are ready to sign the phase one of the trade deal......
Trade Uncertainties Linger Amid Cancellation of APEC Meeting
Oct 31,2019
Trade Uncertainties Linger Amid Cancellation of APEC Meeting According to recent reports, US President Donald Trump said that they are ahead of schedule to sign phase one of the trade deal with China counterparts, which spiraled optimism towards the prolonged trade war between the US and China. President Trump and......
Long expected US Federal Reserve’s October Policy Meeting
Oct 31,2019
Long expected US Federal Reserve’s October Policy Meeting The Federal Reserve (FED) is the central bank for the US. Every year, the FED typically holds eight meetings with about seven weeks apart to discuss its monetary policies and decide on their interest rates, followed by a statement from them......
Embracing For An Upcoming Crypto Bum
Oct 30,2019
After the recent lost in confidence towards blockchain technology and the cryptocurrency market, bitcoin managed to rebound from its low levels, gaining more than $1,000 on Friday, while another $1,000 gain during Monday market. Supporting the major price hike for bitcoin was comments from Chinese Premier, Xi Jinping towards......
Brexit Bill Faces Parliament Vote
Oct 25,2019
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