Market Recap | 15-Aug-2024
Asian stocks climbed on Thursday, driven by signs of easing U.S. inflation, which raised hopes for interest rate cuts by the Federal Reserve. Encouraging economic data from Japan and China also boosted investor confidence. Japan’s economy outperformed expectations in the second quarter, and Chinese retail spending increased in July, making these markets the top performers in the region.
Gold prices also rebounded during the Asian trading session on Thursday, recovering from a steep decline the previous day. The growing concerns over an escalating tension in the Middle East and expectations that the Federal Reserve might begin cutting interest rates in September supported the rise in gold prices.
Are you thinking about investing in U.S. stocks? Here's what you need to know as…
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled…
https://www.youtube.com/watch?v=5Ii12vmx0HU Monday Market Pulse – Your Weekly Market Snapshot! Markets kick off the week with…
The meaning of aggregate risk may differ depending on the context. Generally it pertains to…
This website uses cookies.