The Nikkei index has the potential to rise in today’s trading after Wall Street rallied overnight. Nikkei futures on the SGX rose around 0.6% to 49,590, signaling a fairly positive start. On Tuesday, the Nikkei closed nearly flat at 49,303.45, so the market is still waiting for a new trigger for a clearer move. On…
Oil prices fell slightly in Asian trading on Wednesday after dropping more than 1% in the previous session. The market is still digesting the results of high-level talks between the United States and Russia on efforts to end the war in Ukraine. Brent for February fell 0.3% to $62.24 per barrel, while WTI also weakened…
Silver remains stable near its record high after rising about 17% over the past seven sessions. This rally is due to traders expecting lower US interest rates, which typically benefit precious metals. Meanwhile, gold prices remained flat after a two-day decline, reflecting the market’s anticipation of new monetary policy direction from the Federal Reserve. Investors…
The global gold price (XAU/USD) fell to around $4,210 in early Asian trading on Wednesday morning. This decline followed a strong previous rally, when many market participants opted to take profits first. Investors also chose to wait for the release of important US economic data in the next few days before opening new positions. Today,…
The Hong Kong Stock Exchange (Hong Kong) opened trading on Tuesday (December 2) with positive sentiment. The benchmark Hang Seng Index opened up around 0.6%, rising 155 points to around 26,188.55. This increase continued the positive trend from early December, after the index closed in the green in the previous session. The opening gains were…
The Japanese stock market rebounded at the start of trading, after being pressured the previous day due to concerns about a short-term interest rate hike by the Bank of Japan (BOJ). This time, the banking and insurance sectors were the main drivers of the rally. Mizuho Financial Group shares rose 2.6%, while Dai-ichi Life Holdings…
