Hong Kong stocks rose around 272 points, or 1.1%, to 25,806 at the start of trading on Friday, after a slight correction in the previous session. This increase occurred across nearly all sectors, indicating improved buying sentiment among market participants. Market sentiment improved after President Xi Jinping stated at the Central Economic Work Conference that…
Japanese stock indexes rose in recent trading, following Wall Street’s recent record highs. This rise was supported by expectations that the Fed will maintain its loose monetary policy in the near term. The technology, metals, and electronics sectors led the gains, with SoftBank Group shares surging 4.9%, Sumitomo Metal Mining up 4.7%, and Hitachi Ltd….
Global oil prices rebounded from their lowest level since October, driven by positive sentiment in global financial markets. Brent strengthened to near $62 per barrel after falling 1.5% in the previous session, while WTI hovered around $58 per barrel. This increase is in line with the strengthening of Asian stock markets, following new records in…
Silver prices are still moving at high levels today, holding near record levels after a sharp rally in recent weeks. The main sentiment stems from expectations of further monetary easing in the US after the Fed cut interest rates again. Lower interest rates make non-yielding assets like silver and gold more attractive, especially amid inflation…
Gold prices traded around $4,270 per troy ounce on Friday, approaching a seven-week high and poised to close the week with gains. This increase was driven by expectations that the Fed will continue to ease monetary policy for some time to come. For the market, gold is once again being viewed as a safe haven…
