Investing

Investing
Investing

Crude oil prices remain vulnerable ahead of OPEC+ meeting

The crude oil market was rather muted on Thursday due to the US Thanksgiving celebrations. However, USO ETF extended its previous gains, having bounced off its one-month low. Beyond the holiday-triggered drop in participation, the market is reacting to mixed signals. From hopes of a peace plan to end the Russia-Ukraine war to the OPEC+

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Nikkei 225 Index analysis as Japanese yen slips, retail sales rise

The Nikkei 225 Index held steady above ¥50,000 after Japan published strong retail sales data and as the yen continued softening. It also reacted to the latest Tokyo CPI numbers and the growing tensions between Japan and China. So, does the stock have any upside? Nikkei 225 Index steady as Japan retail sales rise  The

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Here’s why the Boohoo share price has surged: will the gains hold?

Boohoo share price went parabolic on Thursday, its best trading day in years. The 57% surge after the company published encouraging financial results and after a rare bullish pattern concluded. It rose to a high of 18.30p, its highest point since July this year. Boohoo share price soars as turnaround continues Boohoo Group stock price

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Crypto price predictions: Pi Network, Monero, Shiba Inu

The crypto market remained in a consolidation phase on Friday as the recent bull run ran out of steam on Thanksgiving Day. Bitcoin was stuck at $90,000, while the market capitalization of the industry dropped slightly to $3.1 trillion. This article provides forecasts for some top coins like Pi Network (PI), Monero (XMR), and Shiba

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What next for the Zimbabwe ZiG currency after the new announcements?

The Zimbabwean ZiG currency has remained in a tight range this week as investors reacted to the new announcement by the government. The USD/ZWG exchange rate was trading at 26.19, where it has remained this year. Zimbabwe pledges not to abandon the US dollar  The Zimbabwe ZiG currency was unchanged after President Mnangagwa announced that

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USD/CHF forecast as odds of negative Swiss interest rates rise

The USD/CHF exchange rate has remained in a narrow range in the past few months as investors watched trade relations between Switzerland and the United States. It has remained inside the support of 0.7865 and the resistance at 0.8152. So, what’s next for the Swiss franc? Franc steady after the US and Switzerland deal  The

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Here’s why palladium price is lagging among precious metals

Palladium price remains range-bound with limited upside potential compared to its substitute; platinum. In the short term, it is finding support in the easing of the US dollar rebound and steady safe-haven appeal. Besides, increasing bets on a dovish Fed during its December meeting are a bullish driver. Palladium price forecast points to curbed upside

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GLD ETF analysis: Gold price moderate momentum to define short-term path

Fresh signs of resilience in the US labor market have curbed GLD gold price gains even as the persistent uncertainties offer steady support to the precious metal. At the time of writing, the bullion was trading at $4,163 an ounce amid heightened bets for a 25 basis point rate cut by the Fed in December.

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Crypto prices today: Here’s why BTC, LINK, XRP, Merlin Chain are rising

Crypto prices are rising today, with Bitcoin and most altcoins being in the green. Bitcoin surged above $91,000, continuing the recent uptrend that started last week when it bottomed at $80,000. Other top tokens like Chainlink (LINK), Ripple (XRP), and Merlin Chain (MERL) are also rising. Why Merlin Chain, Chainlink, and XRP are rising  Merlin

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Flutter share price at risk of steep crash amid new tax woes

The Flutter Entertainment share price is having a bad year, a situation that may worsen after the latest UK budget by Rachel Reeves. Its UK shares were trading at 15,125p on Thursday, down by 35% from the year-to-date high. Flutter Entertainment faces a £500 million headwind Flutter, the parent company of Fanduel, Sky Betting, Paddy

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