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Gold prices continue to surge, with the fifth consecutive week of gains reaching the highest level since April 2022. Experts attribute this upward trend to market uncertainty as investors await the Federal Reserve’s decision on potential rate hikes and growing concerns of a possible recession. The precious metal is often seen as a haven during … Read more
Get ahead of the game in 2023 by investing in growth stocks. These high-performing assets have the potential to bring huge returns, making them a top pick for savvy investors looking to maximize their gains. From tech giants to upcoming disruptors, experts expect these companies to have explosive growth in the coming year. Let us … Read more
US stocks continued to perform well for the second week despite a dip in the Consumer Price Index (CPI). The CPI fell by 0.1% during the week, but prices are still higher than last year by over 6.3%. Analysts attribute the stock market’s continued strength to several factors, including positive economic data and strong corporate … Read more
The FTSE The FTSE 100, London’s colossal index, finished Saturday above 7790, rising by 0.7% for one of their best closing days in history. In addition, the FTSE 250 also saw a 0.6% upturn rising by 111 points to 19947.67. When stock market indices like the FTSE 100 or FTSE 250 rise, the overall value … Read more
The top five BTC mining companies have seen double-digit gains. Cryptocurrency mining stocks remain well down from their highs. Coinbase and MicroStrategy also saw a massive trading week. Cryptocurrency prices aren’t the only ones witnessing upside actions this week. BTC mining stocks record uptrends amidst revived market momentum. In addition, this week has seen share … Read more
Wednesday sessions saw the euro slightly hitting its highest mark against the United States dollar in about seven months. That comes as the dollar deteriorates ahead of the up-and-coming US inflation stats. The euro climbed to explore its highest region since 31 May, near $1,0766, as market participants forecast that the Federal wouldn’t have to … Read more
European Stocks Rally as Investors Digests Strong Corporate Earnings Wednesday saw a surge in the Europe equity market as investors analyzed the latest quarterly results from various companies, as the retail sector drew particular attention. At 09:00 GMT, Germany’s DAX index rose by 0.4%, and France’s CAC 40 climbed 0.5%. In addition, the Financial Times … Read more
Global Markets The FTSE 100 started the week in a bright mood in tandem with optimism from China and the chance that the FED will lower rates in the coming months. As a result, the FTSE 100 index was up 22 0.3%, at 7,722.58. These numbers mean that the overall value of the stocks in … Read more
2022 ended low for the larger indices, with many tech stocks hitting new lows. QuantumScape did not survive the crash and declined by almost 90% in the year. The battery company started the first week of 2022 on a high note before taking a turn for the worst. The shares dropped by 77% in the … Read more
Since 2008, 2022 has been a poor year for investors, with the S&P 500 losing 20% and the Nasdaq Composite ending 2022 with a 33% decline. The question on everyone’s mind is, will the stock market weather this storm? However, investors should tune their minds differently. Let us see. Change your Investment Mindset Predicting the … Read more
The S&P500 index had a difficult time in 2022 owing to the global economic downturn. The S&P 500 index, a performance indicator of the 500 largest companies on the United States stock exchange, saw over a 20% downturn in the year. However, Altria, a company that produces and sells tobacco products, had a slightly better … Read more
Eurozone Stocks Analysts expect the stock markets in Europe to open lower on Thursday due to the release of the Federal Reserve minutes, which were perceived as “hawkish,” meaning that they indicated a tendency towards higher interest rates. In addition, European Central Bank (ECB) will release key inflation data for the Eurozone, which could also … Read more