theforex24

13/04/2024
U.S. Leads Global Bitcoin Holdings with $14.7 Billion

U.S. Leads Global Bitcoin Holdings with $14.7 Billion

The U.S. government holds the largest amount of Bitcoin among nations, with assets totaling approximately $14.7 billion. In addition to Bitcoin, the U.S. also possesses substantial […]
13/04/2024
India's Industrial Production Hits Four-Month High in February

India’s Industrial Production Hits Four-Month High in February

NEW DELHI, – According to the latest government data, India’s industrial output in February grew at its fastest pace in four months, registering a 5.7% increase […]
13/04/2024
"Morgan Stanley's Predicted Iron Ore Price Outlook for 2024"

“Morgan Stanley’s Predicted Iron Ore Price Outlook for 2024”

“Morgan Stanley released its new iron ore price forecast where the firm’s strategists highlighted they are targeting $120/t in Q3 in an aim for a return […]
11/04/2024
Brent hovers around $90 as inflation concerns offset Middle East tensions

Brent hovers around $90 as inflation concerns offset Middle East tensions

London, Reuters – Amidst Fluctuating Oil Prices, Global Markets Watch as Brent Crude Navigates Economic Uncertainties As of Thursday, global benchmark Brent crude teetered around the […]
09/04/2024
Australian billionaire Rinehart's firm takes stake in US miner MP Materials

Australian billionaire Rinehart’s firm takes stake in US miner MP Materials

(Reuters) – MP Materials announced that Hancock Prospecting, a mining company owned by Australian billionaire Gina Rinehart, has acquired a 5.3% stake in the company, further […]
09/04/2024
Asia FX muted ahead of US inflation data; USDJPY nears 152

Asia FX muted ahead of US inflation data; USDJPY nears 152

Asian currencies showed minimal movement on Tuesday, with the dollar stabilizing as investors awaited crucial U.S. inflation data later in the week. Despite repeated government warnings […]
06/04/2024
Asia FX Remains Subdued, Yen Stabilizes as Dollar Gains Ahead of Nonfarm Payrolls

Asia FX Remains Subdued, Yen Stabilizes as Dollar Gains Ahead of Nonfarm Payrolls

Most Asian currencies saw minimal movement on Friday, with the Japanese yen stabilizing near two-week highs, while the dollar gained ground amid cautious anticipation of key […]
06/04/2024
Gold prices fall from record highs; technical signs flash overbought

Gold Prices Retreat from Record Highs; Technical Indicators Signal Overbought Conditions

Gold prices dipped in Asian trading on Friday, stepping back from recent record highs in anticipation of crucial U.S. labor data that could influence interest rate […]
06/04/2024
Oil Prices Surge Over $1 Per Barrel Amid Supply Risks

Oil Prices Surge Over $1 Per Barrel Amid Supply Risks

HOUSTON (Reuters) – The Brent and U.S. West Texas Intermediate crude oil benchmarks surged by more than $1 a barrel during trading on Friday as markets […]
03/04/2024
Asia FX Steady, Dollar Retreats from 4-½-Month High Amid Persistent Rate Uncertainty

Asia FX Steady, Dollar Retreats from 4-½-Month High Amid Persistent Rate Uncertainty

Amidst minimal movement in most Asian currencies on Wednesday, the dollar eased slightly from its over four-month peak as markets remained cautious about the trajectory of […]
03/04/2024
Intel, Tesla, and TSMC Experience Pre-Market Decline; Cal-Maine Sees Upsurge

Intel, Tesla, and TSMC Experience Pre-Market Decline; Cal-Maine Sees Upsurge

Investing.com — U.S. futures traded slightly lower on Wednesday, retracing some of the hefty gains from the first quarter as investors brace for a series of […]
03/04/2024
S&P 500 and DJIA enter ‘Worst Months’ of the year period - StockTradersAlmanac

S&P 500 and DJIA enter ‘Worst Months’ of the year period – StockTradersAlmanac

The StockTradersAlmanac, a closely monitored investor newsletter, has officially issued its “Best Six Months MACD Seasonal Sell” signal for both the Dow Jones Industrial Average (DJIA) […]
02/04/2024
Silver Lake to take Endeavor private in deal valuing UFC-owner at $13 billion

Silver Lake to take Endeavor private in deal valuing UFC-owner at $13 billion

(Reuters) – Private equity firm Silver Lake has announced plans to acquire all outstanding shares of Endeavor Group Holdings, the talent and media company, in a […]
02/04/2024
US stocks retreat; Tesla delivery weakness, reduced rate cut expectations weigh

US stocks retreat; Tesla delivery weakness, reduced rate cut expectations weigh

Tesla stock plunged 6% after the electric vehicle manufacturer reported disappointing first-quarter delivery numbers, falling well short of expectations. The company delivered 386,810 vehicles, significantly below […]
01/04/2024
South Korea March consumer inflation +3.1% y/y, matching forecast

South Korea March consumer inflation +3.1% y/y, matching forecast

SEOUL (Reuters) – Official data released on Tuesday revealed that South Korea’s consumer prices increased by 3.1% in March compared to the same month the previous […]
01/04/2024
Warren Buffett Has $157 Billion Invested in These 2 "Magnificent Seven" Artificial Intelligence (AI) Stocks

Warren Buffett Has $157 Billion Invested in These 2 “Magnificent Seven” Artificial Intelligence (AI) Stocks

Warren Buffett, known for his preference for traditional value investing over high-growth stocks, has made significant investments in two artificial intelligence (AI) giants within Berkshire Hathaway’s […]
01/04/2024
US futures rise at start of Q2, fresh record for gold- what's moving markets

US futures rise at start of Q2, fresh record for gold- what’s moving markets

U.S. futures signaled a positive start on Wall Street as the second quarter commenced, with gold prices surging to a new record amidst expectations for Federal […]
31/03/2024
5 big analyst AI moves: Apple-Baidu collaboration 'driven by regulatory concerns'

5 big analyst AI moves: Apple-Baidu collaboration ‘driven by regulatory concerns’

Citi Attributes Apple-Baidu AI Collaboration to Regulatory FactorsCiti analysts recently focused on Apple’s partnership with Baidu, noting that their collaboration on AI initiatives is primarily motivated […]
31/03/2024
Japanese authorities inspect second Kobayashi Pharma factory after deaths

Japanese authorities inspect second Kobayashi Pharma factory after deaths

TOKYO (Reuters) – Health authorities conducted a second inspection at a Kobayashi Pharmaceutical factory in western Japan on Sunday following reports of five deaths possibly linked […]
31/03/2024

China’s March factory activity expands for first time in six months

SHENZHEN, China (Reuters) – China’s manufacturing activity expanded for the first time in six months in March, according to an official factory survey released on Sunday. […]
30/03/2024
Powell speech: PCE inflation in line with expectations, no hurry to cut rates

Powell speech: PCE inflation in line with expectations, no hurry to cut rates

Federal Reserve Chair Jerome Powell participates in a discussion at the Macroeconomics and Monetary Policy Conference, in San Francisco. Key quotes: My first thought on PCE […]
30/03/2024
Investors eye Fed rate cut, earnings as key to sustaining market rally

Investors eye Fed rate cut, earnings as key to sustaining market rally

NEW YORK (Reuters) – After an impressive start to the year for stocks, investors are bracing themselves for potential challenges in the second quarter as they […]
30/03/2024

US Congress bans staff use of Microsoft’s AI Copilot, Axios reports

(Reuters) – The U.S. House of Representatives has imposed a strict prohibition on congressional staffers’ utilization of Microsoft’s Copilot generative AI assistant, as reported by Axios […]
28/03/2024
Japan repeats verbal warning to yen bears, BOJ keeps dovish tone

Japan repeats verbal warning to yen bears, BOJ keeps dovish tone

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida stated on Thursday that the government remains open to all options to address excessive movements in the currency […]
28/03/2024
Brazil central bank's June decisions will be more data dependent, says governor

Brazil central bank’s June decisions will be more data dependent, says governor

BRASILIA (Reuters) – Brazil’s central bank is facing uncertainty regarding its policy decisions at the upcoming June meeting, with governor Roberto Campos Neto stating on Thursday […]