Fundamental Analysis Category

China Approves 37 Retail Funds to Revitalize Market China’s government is taking steps to help its struggling stock market and economy by allowing the launch of 37 new retail funds, a move approved by the country’s securities regulator. These funds aim to give the market a much-needed push, as it has been facing various difficulties

August PMI Shows Slower Contraction in Japan’s Factory Activity In the face of mounting challenges, Japan’s factory activity endured a third consecutive month of contraction in August, as indicated by a private sector survey. This prolonged decline was influenced by surging oil prices and persistent uncertainties surrounding the global economic landscape. However, while the trend

USD Index Nears 103.00 Despite Robust Yields, Eyes on US Data, Central Bankers Despite robust US Treasury bond yields, the US Dollar Index (DXY) continues to hover around the 103.30 mark in Tuesday’s Asian session, hitting an intraday low. The DXY’s lackluster performance is attributed to the mixed market sentiment and the focus on upcoming

Gold Touches 5-Week Low Amidst Continued High US Dollar and Elevated Yields Gold prices experienced a notable dip, touching their lowest level in over five weeks on Monday, as both the U.S. dollar and bond yields showcased resilience. This market movement unfolded ahead of the imminent release of the U.S. Federal Reserve’s July meeting minutes,

US Dollar Index (DXY) Cautious Ahead of US Inflation Data During Thursday’s Asian session, the US Dollar Index (DXY) hovers around 102.45, displaying a tentative stance following its first daily loss in three sessions. This index, which measures the Greenback’s performance against six major currencies, reflects the prevailing caution in the market as traders await