President Donald Trump’s decision to offer an indefinite ceasefire has created confusion in the financial markets, with analysts struggling to predict how the war might conclude. It also suggests that Trump is increasingly trapped and has heightened fears that the worst may still lie ahead.Donald Trump thought the war would…
For the better part of four years, Americans lived in a paradoxical US economy. It recorded record-low unemployment, produced 16 million new jobs, and wages were rising for the lowest-paid workers, while feeling, to a majority of households, like one of the worst in modern memory.Donald Trump won the White…
Platinum price continues to trade sideways after recording three consecutive weeks of gains. As the fragile US-Iran ceasefire agreement nears its end, investors are concerned over fresh combat in the Middle East. Subsequent fading of the risk appetite has curbed platinum price gains without necessarily heightening the selling pressure. The wait-and-see…
Boeing stock price will be highly volatile this week as the company publishes its financial results, which will provide more information about its ongoing turnaround. BA ended last week at $38, down slightly from the year-to-date high of $230. It remains 20% above the year-to-date low of $187.Boeing to publish…
AT&T stock price has come under pressure in the past few weeks, and technicals suggest that it may crash further in the near term. T was trading at $26 on Tuesday, down modestly from the year-to-date high of $30.AT&T stock forms a double-top pattern The weekly timeframe chart shows the AT&T…
Nio stock price has pulled back in the past two days as investors booked profits after the recent surge that pushed it from a low of $4.3 in February to a high of $7. This retreat may be a good entry point as the stock has formed a highly bullish…
Brent crude oil price remained on edge on Wednesday as traders reacted to the ongoing happenings between the US and Iran. It dropped slightly to $98.35, down by over 17% from its highest point this year.US extends Iran ceasefire Brent, the global oil benchmark, remained inside a narrow range after President…
The Hang Seng Index sank by over 1.30% on Wednesday as concerns about the fragile ceasefire between the United States and Iran continued. It retreated to $26,137, erasing some of the gains made a day earlier.Hang Seng Index slips after Trump ceasefire extension President Donald Trump announced that he would extend…
Asian markets started Tuesday on a constructive note, as stocks in the region rebounded after reports that Iran may attend peace talks with the United States in Pakistan.The development eased some of the immediate geopolitical tension that had been weighing on sentiment.MSCI’s broadest index of Asia-Pacific shares outside Japan rose…
Victory Giant Technology burst out of the gate in Hong Kong on Tuesday, jumping 60% in its market debut.The blockbuster debut underlined how investors are still willing to pay up for AI-linked infrastructure names, even with global markets on edge.The Shenzhen-listed printed circuit board maker raised HK$20.1 billion ($2.6 billion)…