News

Oct-15 , 2024

UK Pound May Plunge Over 200 Pips If Service Sector Inflation Below 5.2%

Before the release of inflation data, the British pound found support against the US dollar at the key support level of 1.3054 and is currently experiencing a decent intraday rebound. This comes amids...

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Oct-09 , 2024

"US Stocks to Plunge by 64%"

The big short who has accurately predicted the collapse of the US stock market several times is speaking out again, saying that the "recipe" for a stock market disaster has reappeared. The last time t...

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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 ...