2024-12-25 | Market Analysis
On Tuesday, trading activity was relatively subdued ahead of the Christmas holiday. Gold prices remained stable within a narrow range. Crude oil reversed its previous losses
2024-12-24 | Market Analysis
On Monday, US stocks closed higher, driven by strong performance in technology stocks. The Nasdaq gains 1%, with Apple hitting another record high, nearing a market cap of $4 trillion. This week, trading volumes are expected to remain light due to the shortened schedule for the Christmas holiday. Investors are optimistic about a potential “Santa […]
2024-12-24 | Market Analysis
Gold prices fell in quiet holiday-season trading. Oil prices remained under pressure due to the dollar hovering near a two-year high.
2024-12-24 | Current Affairs
TODAY’S NEWS Asian shares surged on Monday thanks to a benign reading on U.S. inflation that restored hopes for potential policy easing next year. There was also relief that Washington managed to avoid a government shutdown. With last week’s central bank decisions behind, the current week is much quieter with only the minutes of a few of those […]
2024-12-20 | Market Analysis
US stock market closed mixed as Dow ends its 10-day losing streak, its longest in 50 years, while Oklo surges over 14% after announcing a deal with Switch
2024-12-20 | Weekly Economic Calendar
Greetings from Doo Prime! We’re reaching out to highlight the upcoming week’s important economic events and related currency updates from 23rd December 2024 to 27th December 2024 (GMT+8 Beijing Time). Due to the unpredictable nature of the market, significant fluctuations may occur during these events, potentially leading to market gaps. In light of this, Doo […]
2024-12-20 | Current Affairs
Two U.S. senators, Democrat Ed Markey and Republican Rand Paul, are calling on President Joe Biden to grant ByteDance a 90-day extension on the January 19 deadline for selling TikTok’s U.S. operations or facing a nationwide ban. The senators emphasized that the legal uncertainties surrounding the case and its potential impact on free speech warrant more time.
2024-12-20 | Market Analysis
Gold prices edge higher as Fed rate cut caution boosts the dollar, while oil falls below $70 amid demand concerns and global central bank restraint.
2024-12-20 | Current Affairs
Thousands of Amazon.com workers are set to walk off the job on Thursday at 6 a.m. ET (1100 GMT) at several key U.S. warehouses, just days before the peak of the holiday shopping season. The strike was called after union officials accused the e-commerce giant of failing to engage in contract negotiations.
2024-12-18 | Market Analysis
US Market: Dow logs its longest losing streak since 1978 as tech stocks surge. Quantum Computing jumps over 50% on NASA contract, while NVIDIA enters correction