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31 May 2023
Chinese stocks sink to six-month lows on weaker economic readings in May
Chinese stocks sank over 2% to their lowest level in six months on Wednesday following disappointing China's economic, manufacturing, and services activity in May for a...
30 May 2023
Gold hits a two-month low of $1,930/oz on debt agreement and a soaring dollar
The price of gold dropped as much as 2% to nearly $1,930/oz on Tuesday morning, posting its lowest level since mid-March as investors move away from havens to pivot into...
29 May 2023
Turkish Lira falls over 20 a dollar as Erdogan secures victory
Turkish Lira hit a fresh record low of $20,10 a dollar on Monday morning, extending yearly losses as foreign investors worry that the outlook of the local economy will be negative after the...
26 May 2023
Nvidia’s 24% gain fuels a strong rally in AI-related tech companies
All eyes were on the technology sector yesterday as chipmaker Nvidia’s 24% gain ignited a strong rally into other Artificial Intelligence (AI)-exposed tech companies,...
25 May 2023
U.S. dollar rises across the board on hawkish Fed and demand for safety
The U.S. dollar thrives in May (so far) driven by some hawkish comments from Fed officials, coupled win an increasing demand for safety among investors on economic and...
24 May 2023
Sterling fluctuates after slower-than-expected fall of the UK inflation
Pound Sterling initially jumped as high as $1.2470 a dollar on Wednesday morning after the release of the report that showed UK inflation fell below 10% in April, with investors cheering the fall in...
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