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Market Recap for 25-July-2024
Gold prices (XAU/USD) fell for the second consecutive day, reaching a two-week low during the Asian session on Thursday. However, some buying interest emerged around $2,365, which helped to mitigate the losses. The anticipation expectation that the Federal Reserve will begin cutting rates in September is keeping the US Dollar weak, which provides a tailwindContinue Reading
Written on July 25, 2024 at 2:02 pm
Categories: News In the Spotlight
Trading Guide: Which Type of Trading is Best for Beginners?
Trading: A World Ripe with Varieties When venturing into the vast world of trading, one can be overwhelmed by the large variety of options this universe presents. From different types of products to various types of accounts and strategies, all seem daunting at the beginning. However, educating oneself about the strategies that they can utilizeContinue Reading
Written on July 24, 2024 at 7:54 am
Categories: Knowledge Basics
Monday’s Market Update I 22-July-2024
Europe’s biggest banks will report their second-quarter earnings this week, with all eyes on whether the gains from higher interest rates have stabilized and whether recent political events are affecting sentiment. Stocks are expected to open higher following the news that U.S. President Joe Biden has dropped out of the U.S. presidential race. The EuropeanContinue Reading
Written on July 22, 2024 at 12:35 pm
Categories: News In the Spotlight
Market Recap | 18-July-2024
In the commodities market, gold price rose slightly to around $2,470 per troy ounce on Thursday, remaining near record highs. This is attributed to growing optimism that the Federal Reserve will cut interest rates in September, making gold more attractive to investors. Fed Governor Christopher Waller mentioned the central bank is ‘getting closer’ to aContinue Reading
Written on July 18, 2024 at 11:25 am
Categories: News In the Spotlight
What is IPO in Share Market?
Introduction There are many words in the realm of finance that, to the inexperienced, can seem frightening. Likewise, the term “IPO” usually grabs headlines and generates a lot of attention. Moreover, what exactly is an IPO, and why is it so important in the share market? Examining the nuances of IPOs, this article clarifies theirContinue Reading
Written on July 17, 2024 at 10:20 am
Categories: Knowledge Basics
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