About: anakin

Recent Posts by anakin

In January, credit card spending in New Zealand rose, while NZD/USD reacts to USD’s decline.

New Zealand’s credit card spending rose 1.3% in January, boosting the NZD against multiple currencies amid USD weakness.

On Monday, gold prices increased in Malaysia, based on compiled data.

Gold prices in Malaysia rose to MYR 415.96 per gram, influenced by geopolitical instability and economic factors.

Goldman Sachs remains optimistic about China’s A-shares and H-shares, anticipating strong AI-driven growth.

Goldman Sachs favors A-shares and H-shares, citing AI growth, liquidity support, and potential short-term A-share gains.

The US Dollar’s decline causes USD/CAD to drop below 1.4200, trading near 1.4190.

USD/CAD fell below 1.4200 as a weaker US Dollar and lower crude oil prices pressured the pair.

UBS forecasts strong returns for AI stocks by 2025, despite possible market fluctuations and uncertainties.

UBS forecasts mid-teen AI stock returns by 2025, citing investment growth, monetisation, and a $10.5 trillion valuation.

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