USD/RUB forecast: What next after the Russian ruble surge?
The Russian ruble has had a great performance this year, even as crude oil and natural gas plunged. The USD/RUB exchange rate was trading at 77.20, down by 35% from…
North Korea releases images of development of nuclear-powered submarine
North Korea showed off its apparent progress in the development of a nuclear-powered submarine. State media released photos of North Korean dictator Kim Jong Un and his daughter, a potential…
Nike stock: does Tim Cook’s purchase make NKE a buy at current valuations?
Apple CEO Tim Cook sent a powerful signal Wednesday when he spent nearly $3 million to nearly double his stake in Nike stock (NYSE: NKE), just one day after the…
MSTR stock at risk as a key MicroStrategy metric approaches a negative zone
The Strategy stock price continued its freefall this month and is now hovering at its lowest level since September last year. MSTR stock has plunged by over 70% from its…
Nearly 20 states sue HHS over declaration to restrict gender transition treatment for minors
A group of 19 Democrat-led states and Washington, D.C., filed a lawsuit against the Trump administration over a declaration that aims to restrict gender transition treatment for minors. The lawsuit…
Major shareholders fail to block Korea Zinc’s share sale for US smelter
A South Korean court has rejected a move by two of Korea Zinc’s major shareholders, MBK Partners and YoungPoong, to block the zinc refiner’s planned new share issuance. The company…
Nifty 50 Index rises as RBI unveils “shock-and-awe” strategy
The Nifty 50 Index rose and is hovering near its record high, while Indian bond yields rallied after a major statement from the Reserve Bank of India (RBI). It has…
Republicans consider using reconciliation again after Trump’s biggest legislative win
As the year closes, Republicans are looking to the past for another dance with a partisan exercise that tested the party’s unity and delivered President Donald Trump his crowning legislative…
Morning brief: Asian markets steady as gold hits record highs
Global markets traded cautiously on Tuesday, with Asian markets steadying while precious metals hit fresh record highs, even as geopolitical developments involving the United States, Venezuela, and Greenland added new…
USD/JPY forecast: Here’s why the Japanese yen is soaring today
The Japanese yen rebounded for the second consecutive day as investors reacted to the ongoing divergence between the Federal Reserve and the Bank of Japan (BoJ). The USD/JPY exchange rate…