Inflation Data Weighs on the Dollar
by Rania Gule, Senior Market Analyst at XS.com – MENA
The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...
Wall Street banks to report quarterly results
by Antonio Di Giacomo, Senior Market Analyst at XS.com
The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
Gold Trades Cautiously Amid Labor Data and Gaza Talks
Written by Samer Hasn, Senior Market Analyst at XS.com
Gold is trading modestly today compared to this week...
Robotics Industry
The global demand for robotics has been shifting back and forth over the past years, with the pandemic-driven sales boom followed by stagnation...
Approaches on climate action
OECD: Five international organisations today released a landmark report that outlines pathways for co-ordinated approaches on climate action, carbon pricing, and...
Market comment
Market analysis on behalf of Dilin Wu Research Strategist at Pepperstone
24th October 2024
The DXY is ramping up, continuously breaking through one resistance level after...
GCC HR Market Strategies: Projected at $5.48 Billion by 2032
Following the success of HR Forum Qatar in May 2024, which garnered widespread acclaim for...
ECB Day To Bring Back-To-Back Cuts
Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone
Digest – Sterling slumped yesterday on cool UK CPI figures,...
Market Thoughts – A Trip Along The Path Of Least Resistance
Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone
Digest – Stocks notched fresh...
Do Inflation Data and the Fed Minutes Support Stability?
Written by: Rania Gule, Senior Market Analyst at XS.com
The USD/JPY pair is currently experiencing stability after...
Humanoids robots are ready to work
The advent of OpenAI’s ChatGPT in 2022 revolutionized humanoid robotics, allowing for task execution without explicit programming. As developed...
Global insurance consumers are ready for AI
GlobalData: Technology is becoming increasingly indispensable to the insurance industry, whether it is using artificial Intelligence (AI) and...
United Against Outbreaks
WHO: The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) have agreed...