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.
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
https://youtu.be/nC7s5cO7Xl8 Gold prices (XAU/USD) have recovered modestly from a one-month low near $2,583-$2,584 touched during…
https://youtu.be/ZlrmvoOvDd4 Gold prices (XAU/USD) are struggling to maintain a modest rebound after touching a one-week…
Dear Valued Clients, Please be advised that the following instruments' trading hours and market session…
Dear Valued Clients, The global gold market has experienced significant volatility recently, with market liquidity…
Over the last decade, the Indian marketplaces have emerged as one of the growing hub…
This website uses cookies.