As 2024 draws to a close, the year has been marked by a succession of pivotal global events. Financial markets saw significant volatility, with various asset classes posting notable performances. The U.S. stock market, in its second bullish year, repeatedly shattered records. Nvidia claimed the crown, tech giants reigned supreme, and AI continued to fuel the market's ascent. Globally, interest rates took a downturn amidst ongoing g...
The Japanese yen breaching past 156 on Thursday, a one month low, as the Bank of Japan kept interest rates unchanged in a nearly unanimous decision on Thursday, as policymakers remained cautious over Japan’s economic outlook and the path of inflation. BOJ member Naoki Tamura was the sole dissenter, calling for a 25 basis point hike on concerns over rising inflation. Additionally, the yen faced pressure from a strengthening US dollar after forward cuts were repric...
TRADE WITH US: TYNKR LAB™ $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ended a two-day losing streak, closing 2.24 points higher at 1,599.58, reflecting a 0.14% gain. The benchmark index traded within a narrow range of 1,594.75 to 1,602.38 during the session. Despite the rebound, decliners outpaced gainers 501 to 480, with 562 counters remaining unchanged. A total trading volume of 2.5 billion shares valued at RM2.3 billion underlines the ...
As investors and traders we often find ourselves out of sync with the reality of the market. Market conditions can change and if we do not observe what the market is currently telling us, we will end up giving money to the market. The financial market is just a place where people transact with each and we do not see or know who is behind the screens. Millions of investors and traders alike. And as a human being we are emotional beings and the market is more emotional than...
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