Markets
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New Zealand Stocks Log 6th Month of Gains
The S&P/NZX 50 index closed 0.7% higher at 13,548 on Friday, marking its highest level in three weeks and notching…
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XAG/USD trades firmly near $49.00 ahead of speeches from Fed officials
Silver price clings to gains near $49.00 despite receding Fed dovish bets. Improving US-China trade relations weigh on demand for…
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WTI holds remains subdued around $60.00 due to oversupply concerns
WTI price struggles amid oversupply concerns ahead of OPEC+ meeting. OPEC+ members plan to increase production by 137,000 barrels per…
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Gold attracts fresh sellers amid Fed’s hawkish stance, US-China trade optimism
Gold struggles to capitalize on its modest uptick amid a mixed fundamental backdrop. The Fed’s hawkish stance acts as a…
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Soybean – China to Buy 12 MT Soy This Year
Bessent announced that China will purchase 12 million tons of soybeans from the US this year, and 25 million tons…
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Chart of the Day – Soybean
Futures contracts for soybeans in Chicago dropped by over 1% following the conclusion of the Trump-Xi meeting in Busan, despite earlier dynamic…
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Pound Sterling remains fragile against US Dollar on improving US-China trade relations
The Pound Sterling gives back early gains and turns slightly lower to near 1.3185 against the US Dollar. The US…
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Alphabet Soared 7% on AI Driven Results
The American tech giant, now primarily a powerhouse in data centers and Artificial Intelligence (AI) rather than just search and…
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Meta Dropped Despite Strong Revenue Growth
Meta Platforms (META.US) reported impressive Q3 revenue growth, driven by strong advertising demand and higher user engagement fueled by AI-powered tools across Facebook, Instagram, and WhatsApp. Revenue rose 26% y/y…
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Indian Equities Slip from 13-Month High
The BSE Sensex fell 377 points, or 0.4%, to 84,617 in morning trade on Thursday, pulling back from a 13-month…
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