Many Asian currencies exhibited minimal movement on Wednesday, while the dollar remained steady ahead of the U.S. Consumer Price Index (CPI) release.Traders are maintaining a cautious stance, as the CPI data could influence the Federal Rese……
On January 10, 2025, the United States implemented its toughest sanctions yet on Russia’s oil trade, aiming to reduce revenue from Russia’s oil exports and limit funding for its war in Ukraine.These sanctions target major Russia……
Country Garden, a major Chinese property developer, reported a record loss in the first half of 2023.The net loss reached 48.9 billion yuan (approximately $6.72 billion), a sharp decline from a profit of 612 million yuan in the same period ……
The price of Bitcoin has exceeded $100,000 for the first time, drawing significant attention to the cryptocurrency market.This surge is attributed to reports that President-elect Donald Trump supports cryptocurrencies and plans to promote r……
The US dollar declined from its highs ahead of the release of the Consumer Price Index (CPI).Investors anticipate that the CPI data may indicate rising inflation, potentially influencing the Federal Reserve’s monetary policy, particul……
Recently, US crude oil inventories have declined more than expected.According to data from the Energy Information Administration (EIA), crude oil inventories decreased by about 4.3 million barrels, significantly surpassing the market’……
Country Garden, a major Chinese real estate developer, reported a net loss of approximately 48.9 billion yuan (about $6.72 billion) for the first half of 2023.In the same period last year, the company had a net profit of about 61.2 million ……
The price of Bitcoin has risen to approximately $97,000, driven by a bullish outlook and significant trades by large investors, commonly known as “whales.”This increase indicates growing confidence among investors toward Bitcoin……
The US dollar declined from its recent highs as investors awaited the release of the Consumer Price Index (CPI).Market participants are closely watching the CPI data, as it is a key indicator of inflation and could influence the Federal Res……
The U.S. Energy Information Administration (EIA) forecasts that U.S. oil production will reach a record high of 13.55 million barrels per day in 2025, while lowering the estimate for 2024. The EIA anticipates that global oil supply will exc……
