The Nikkei 225 Index surged by over 3.5% today, May 21, its best day in weeks, helped by numerous catalysts, including the potential US-Iran deal, foreign buying of Japanese stocks, and the soaring Softbank stock. It jumped to ¥61,940, higher than this week’s low of ¥59,460. Nikkei 225 Index is rising amid a soaring Softbank
The Indian rupee rose slightly on Thursday after reports that the country’s central bank was considering all options, including hiking interest rates amid the slump. The USD/INR pair retreated to 96.4050, a few points below the record high of 96.97. RBI considers rate hikes and interventions The Reserve Bank of India has come under intense
BT Group share price slipped and then pared back those losses after the telecommunications company published results of the last financial year. It dropped to 222p, down sharply from 6.95% from its highest point this year. So, is it safe to buy the dip? BT Group published its annual results today BT Group, the biggest
The Vanguard S&P 500 Index (VOO) has jumped by over 7% this year, and is hovering at its all-time high. It has jumped by over 17% from its lowest level last year, while its inflows have jumped by over $58 billion this year. This article explores some of the top reasons the blue-chip S&P 500
Brent crude oil price held steady above $110 on Wednesday as investors predicted a prolonged conflict in the Middle East. It has soared sharply from last month’s low of $86. Potential for a prolonged conflict There is a likelihood that the US and Iran will go through a prolonged conflict this year. That’s because President
Venice AIToken price is getting supercharged today, May 20th, helped by the recent Robinhood listing, upcoming NVIDIA earnings, growing usage, and increased VVV token burns. The token has jumped for four consecutive days and is now nearing its all-time high. Venice AI users are growing In an era when popular companies like ChatGPT and Anthropic
Bitcoin price crashed to the important 50-day moving average as it continued facing major headwinds. Spot BTC ETF outflows are soaring, while the Coinbase Premium Index has remained in the red for weeks, a sign that American demand is falling. BTC was trading at $76,745, down sharply from this month’s high of over $82k. Bitcoin
The USD/ZAR exchange rate remained in a narrow range this month, even as the US Dollar Index (DXY) continued its strong rally. This consolidation may end soon as South Africa’s inflation rises and a carry-trade opportunity emerges amid rising Fed and SARB divergence. South African rand in focus as inflation jumps A report by South
Tesco share price retreated by over 2% on Wednesday, before paring back some of the losses as the UK government pushed retailers to cap price increases amid the ongoing Iran war. It slipped to 443p, its lowest level since February 4, and 10.85% below its highest point this year. UK government pushes retailers to limit
Rocket Lab (NASDAQ: RKLB) stock price is in a strong bull run this year and is now hovering at its all-time high. These gains have continued this month as top Wall Street analysts buy ahead of the upcoming SpaceX IPO. It has soared to $127, up by 402% in the last 12 months. So, is