AI Race Heats Up: China Advances, Nvidia Loses 4%, Markets Fall US Stocks End in the Red: Fed, Chinese Tech Impact US stock indexes closed lower on Wednesday, but were able to recover some of their losses after encouraging remarks from Federal...
Market Fundamentals: The Federal Reserve’s dot plot provides insight into the projected trajectory of the Federal Funds Rate in both the medium and long term. Market expectations suggest the Fed will implement three interest rate cuts in 2025,...
Market Fundamentals: The price continues to underperform, weighed down by the Reserve Bank's dovish stance and growing expectations of more aggressive policy easing. Concerns over China's economic recovery and ongoing US-China trade tensions further...
Market Fundamentals: RBA Governor Michele Bullock emphasized that "underlying inflation is still too high to be considering lowering the cash rate target in the near term." While such statements typically provide support to the currency, the AUD/USD...
Oil prices on Thursday recorded a significant decline and before the introduction of intraday recovery achieved a new minimum of pulling $ 72.77. This decline led to a decay under a growing trend line and since the beginning of November, prices have...