Forex Trade Time

Risk Warning: Trading in the foreign exchange (Forex) market carries high risks as it involves trading on margin, and this type of investment may not be suitable for all investors.

Analysis-China sees property silver lining but can’t shake Japan comparisons

  A sharp decline in new housing construction in China is raising hopes that the beleaguered property sector is finally addressing its chronic oversupply issue. However, the absence of a comprehensive strategy to clean up bad assets keeps fears of prolonged stagnation, similar to Japan’s experience, alive. China’s current situation mirrors the U.S. and Spain’s

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obic

OPEC+ decision to scale back cuts “problematic for 2025”- Macquarie

  The Organization of Petroleum Exporting Countries and allies (OPEC+) announced at its recent meeting that it plans to start scaling back some of its production cuts later this year. Macquarie analysts indicated that this scenario could exert long-term pressure on oil prices. OPEC+ stated it will maintain production cuts of 3.6 million barrels per

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Crypto

Bitcoin price today: hovers at $69k, rate cut hopes provides some support

  Bitcoin’s price stabilized on Tuesday, hovering just below critical levels. The dollar’s weakness, driven by speculation about potential interest rate cuts by the Federal Reserve, has sparked some flows into cryptocurrency markets. Bitcoin rose 0.8% over the past 24 hours, reaching $69,049.3 by 01:50 ET (05:50 GMT). The world’s largest cryptocurrency was now about

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stock

Asian shares weaken as Indian election results roll in

  Asian share markets retreated on Tuesday as global investors awaited India’s official election results and assessed signs that the U.S. economy’s ‘exceptionalism’ might be unwinding due to weakening manufacturing activity. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.4%, following mild gains in U.S. stocks the previous session. Despite this, the index is

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Futures inch up with Fed minutes, Nvidia results on tap for the week :

Deutsche Bank ties up with Bitpanda in ‘cautious’ crypto shift

    Deutsche Bank will collaborate with Bitpanda to handle customer deposits and withdrawals for the Austrian crypto broker, according to statements made by the companies to Reuters. Historically, the crypto industry has faced challenges in securing banking partners, particularly after the collapse of Silvergate Capital Corp, Signature Bank, and Silicon Valley Bank in 2023,

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India’s Nifty 50 slides nearly 4% as early vote counting signals slim Modi win

  Indian stocks experienced a sharp decline from record highs on Tuesday, erasing much of the gains made in the previous session. This downturn was driven by early vote counting in the closely-watched 2024 general election, which indicated a less decisive victory for the BJP than initially anticipated. The Nifty 50 index fell 3.8% to

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