Energies
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Recent Posts by Designer
Market Recap | 17-Oct-2024
Gold prices surged for the third consecutive day, nearing an all-time high of $2,685. This upward momentum is driven by growing expectations of interest rate cuts by central banks and increased demand for safe-haven assets amid escalating conflicts in the Middle East. Meanwhile, the Japanese Yen reversed its earlier gains against the US Dollar, edgingContinue Reading
Monday’s Market Update | 14-Oct-2024
The Australian Dollar (AUD) fell on Monday after two days of gains against the US Dollar (USD), impacted by weaker-than-expected inflation data from China, one of Australia’s major trading partners. Silver prices continued to rise for the third consecutive day, trading around $31.30 per ounce, this surge was driven by safe-haven demand amid rising geopoliticalContinue Reading
Market Recap | 11-Oct-2024
Hello everyone, and welcome to this week’s market recap, U.S. stocks surged on Wednesday, driven by gains in the Consumer Services, Healthcare, and Industrials sectors. By the close of trading, the Dow Jones rose 1.03%, setting a new record high, while the S&P 500 went up 0.71%, and the NASDAQ rose 0.60%. Gold prices remainedContinue Reading
Market Recap | 26-Sep-2024
Gold prices remain steady above $2,650 for the second consecutive day on Wednesday, driven by growing expectations of another interest rate cut by the Federal Reserve in November. However, high U.S. Treasury yields limited further gains, with gold trading around $2,660, marking a modest increase of up 0.14%. Meanwhile, the GBP/JPY pair climbed to 193.10Continue Reading
Monday’s Market Update I 23-Sep-2024
Gold prices surged to a record high on Monday, driven by a weaker U.S. dollar. The Federal Reserve’s recent move towards lowering interest rates and the potential for further cuts this year could boost gold’s appeal, which offers no yield. Additionally, escalating tensions in the Middle East may drive investors to safe-haven assets like gold.Continue Reading
