U.S. Labor Market Boosts Greenback to New PeaksForex

U.S. Labor Market Boosts Greenback to New Peaks

At A Glance The U.S. dollar rose due to stronger-than-expected labour market data. U.S. jobless claims fell to 218,000, indicating…

Oil Prices Ignite Amid Geopolitical Flames and Market TremorCommodities

Oil Prices Ignite Amid Geopolitical Flames and Market Tremor

Key Points Oil prices jumped over 3% due to escalated Middle East tensions and U.S. fuel stock declines. U.S. Energy…

Navigating Global Commodities TurmoilCommodities

Navigating Global Commodities Turmoil

Citi revises Brent crude price forecasts for 2024 and 2025 due to oversupply, setting 2024 expectations at $74 per barrel​.…

Navigating the High Seas of Forex FrenzyForex

Navigating the High Seas of Forex Frenzy

At A Glance The U.S. dollar index shows bullish momentum, potentially influencing forex pairs. EUR/USD dips below 1.0800, possibly further…

2023 Sees Data Traffic Leap by 23% to 59 ExabytesUncategorized

2023 Sees Data Traffic Leap by 23% to 59 Exabytes

Key Points Data traffic surged by 23% to 59 exabytes in 2023, showcasing significant digital expansion. DE-CIX Frankfurt set a…

UK Economy Shrinks 0.1% in Q4, Eyes 2024 ReboundEconomy

UK Economy Shrinks 0.1% in Q4, Eyes 2024 Rebound

Key Points The UK economy contracted by 0.1% in Q4 2023, marking a recession in the latter half of the…

Oil Prices Dip by 0.6% Amidst Geopolitical EasingCommodities

Oil Prices Dip by 0.6% Amidst Geopolitical Easing

Key Points Geopolitical tensions from the Israel-Hamas conflict drove oil prices to a 6% increase last week. Brent crude futures…

The S&P 500 Hits 5,000: A Week of RecordsUncategorized

The S&P 500 Hits 5,000: A Week of Records

Key Points Stock futures are near unchanged after a record-setting week for the S&P 500. S&P 500 closes above 5000…

5 Nations’ Forex Markets Close, Yen Hits 2024 LowForex

5 Nations’ Forex Markets Close, Yen Hits 2024 Low

Key Points Lunar New Year and Memorial Day led to forex market closures in China, Singapore, South Korea, Hong Kong,…

Crypto Market Up 11% to $1.82T, Bitcoin Climbs 13%Cryptocurrencies

Crypto Market Up 11% to $1.82T, Bitcoin Climbs 13%

Key Points The global crypto market cap soared by 11% to $1.82 trillion. Bitcoin (BTC) witnessed a 13% weekly increase, reaching…