Stock Market & Investment News
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Gold Price Forecast: Blue Wave Bolsters Bullion – Levels for XAU/USD
Good news for gold prices as Democrats’ wins in the Georgia Senate Runoff Elections increases the odds of more fiscal stimulus.
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Monthly Forex Seasonality – January 2021: Start of Year Favors CAD, Gold Strength; USD Weakness
January typically brings about US Dollar weakness, while the commodity currencies (and commodities themselves) tend to do well.
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Oil Price Outlook: Crude Breakout Spills into 2021- Resistance Ahead
Oil prices surged more than 51% off the November lows with the breakout now eyeing uptrend resistance. Here are the levels that matter on the WTI technical chart.
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Canadian Dollar Technical Outlook: NZD/CAD, EUR/CAD, AUD/CAD
The Canadian Dollar is on the brink of challenging key technical levels against several peer currencies, but the Loonie faces dim prospects against most.
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US Dollar Time Cycle: USD Poised to Extend Push to Multi-Year Lows
The US Dollar is at risk of extended losses as long-term price analysis hints at a cyclical downturn. Implications for the DXY, AUD/USD and NZD/USD.
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Petronas says Baram oil output to resume in 3Q21 after ship accident
(Jan 7): Malaysia’s state energy firm Petroliam Nasional Bhd (Petronas) said on Monday it expects to resume full production at its Baram facilities, off the…
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NYSE to delist three Chinese telcos in dizzying about-face
NEW YORK (Jan 7): The New York Stock Exchange (NYSE) said on Wednesday it will delist three Chinese telecom companies, confirming its latest U-turn on…
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Sales tax waiver helps UMW smash 2020 sales targets
KUALA LUMPUR (Jan 7): The sales tax exemption introduced by the government in the middle of last year propelled strong sales for UMW Holdings Bhd in…
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Investors react after Trump supporters stormed Capitol, Democrats swept Senate
TOKYO/NEW YORK (Jan 7): Asian stocks and U.S. stock futures rose on Thursday, while Treasury yields remained high and the dollar unwound overnight losses after supporters…