
Silver Under Pressure: Can China's Stimulus Spark a Recovery?
Nov 08, 2024 11:36 am UTC| Insights & Views
Silver showed a minor pullback on the Chinese stimulus package. It reached a low of $30.83and is currently trading around $31.53.The short-term trend remains positive as long as support at 30 holds. China has announced...

Market Spotlight: Gold Retreats as Fed Signals Cautious Approach
Nov 08, 2024 10:07 am UTC| Insights & Views
Goldpared some of its gains after a less dovish Fed rate cut. It hit a high of $2710 yesterday and now sitting around $2,687. The U.S. Federal Reserve has announced a 25-basis-point (bps) cut in its main interest rate,...
Trump's Victory: A Ripple Effect on Emerging Market Currencies
Nov 08, 2024 08:21 am UTC| Insights & Views
Market Reactions and Future Uncertainties Donald Trumps recent victory in the U.S. presidential election is causing significant changes in emerging market currencies. Following his win, the MSCI Emerging Markets...

Crude Oil Slips as Strong Dollar and Inventory Surge Impact Prices
Nov 07, 2024 15:03 pm UTC| Insights & Views
Crude oil prices dropped sharplyon the strong US dollar. It hit ahigh of $72.59 yesterday and currently trading around $71.33. Donald Trumps recent election victory is expected to have a big impact on tensions in the...

Silver Faces Sell-Off Amid Trump Victory and Rising Treasury Yields: Key Levels to Watch
Nov 07, 2024 14:53 pm UTC| Insights & Views
Silver showed a massive sell-off as Trumps victory pushed the US dollar to a multi-month high. It reached a low of $30.83and is currently trading around $31.12.The short-term trend remains positive as long as support at 30...

Bitcoin Boom: Trump’s Crypto Advocacy Drives Whale Purchases and ETF Surge
Nov 07, 2024 10:55 am UTC| Digital Currency Insights & Views
Bitcoin (BTCUSD) reached an all-time high of $76,480 following Donald Trumps election victory but is currently trading around $74,864. 2. Optimism in Cryptocurrency Under Trump This win has generated optimism in the...

Anti-immigrant politics is fueling hate toward South Asian people in Canada
Nov 07, 2024 10:45 am UTC| Insights & Views Law
The Canadian government recently announced that it is making significant cuts to the number of immigrants admitted into Canada. The number of new permanent residents is expected to be cut by nearly 20 per cent next year,...