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About: luna
Recent Posts by luna
Forex Scams Are Why You Need a Good Broker
With forex brokerages a dime a dozen these days, it’s easy to overlook the importance of a good broker. With each broker touting a variety of selling points and gimmicks, traders today are overwhelmed from information overload – making them especially susceptible to exploitation by scammers. While not entirely fool-proof, traders equipped with comprehensive marketContinue Reading
Copper Approaches $10,000 per Ton, Attracts More Investors
Copper prices have been inching closer to the $10,000 per metric ton mark, reflecting a broader uptrend among base metals driven by increasing investment flows. On the London Metal Exchange (LME), the price for three-month copper reached $9,965.50 per ton, showing a 1% increase, while the Shanghai Futures Exchange (SHFE) reported a 1.5% rise inContinue Reading
Written on April 26, 2024 at 7:57 am
Categories: Today's Analysis
Tags: Commodities, Copper, Precious Metals
Japan’s Bond Yields Surge as BoJ Meeting Looms
Japan’s 10-year government bond yield has ascended to a more than five-month peak, increasing by 4 basis points to 0.93%, the highest since November 3, and settled at 0.925%. The two-year yield, reacting to the Bank of Japan’s (BoJ) monetary policy, rose to its highest since July 2009, at 0.315%. This movement reflects anticipation ofContinue Reading
Written on April 26, 2024 at 2:32 am
Categories: Today's Analysis
Tags: Oil, Policy, Yen
Supply Worries Set Wheat for Biggest Weekly Gain in Two Years
As the trading week closes, Chicago wheat futures are on track to record their largest weekly uptick since 2021, fuelled by persistent dry conditions in key wheat-growing areas of Russia and the United States. These adverse weather patterns are stoking fears of a tightened supply landscape. Corn and soybeans also saw upward movements. Corn isContinue Reading
Written on April 26, 2024 at 2:10 am
Categories: Today's Analysis
Tags: Commodities
ASIA: Nikkei in the Dumps: Tech Stocks Tumble, Yen Weakens
Japan’s Nikkei share average recently saw a downturn, dropping 2.16% to close at 37,628.48, following a three-day upward streak. This slide was led primarily by losses in the technology sector, while the market braces for the Bank of Japan’s upcoming policy announcement. SEE: Nikkei 225 plummets as seen on VT Markets trading app. On Thursday,Continue Reading
Written on April 25, 2024 at 10:13 am
Categories: Today's Analysis
Tags: Forex, Indices, Stocks
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