{
}
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
EUR/USD remains under bearish pressure, trading below 1.0550 amid mixed US economic data, while GBP/USD stabilizes near 1.2650 despite ongoing geopolitical tensions. Norinchukin Bank in Japan anticipates significant losses due to rising global interest rates, prompting asset disposals to mitigate risks. The dollar index holds steady, with gold prices rising significantly.
ZipRecruiter (NYSE: ZIP) will present at the UBS Global Technology and AI Conference on December 3, 2024, at 8:15am MT/10:15am ET, with a live webcast available on its investor relations website. The company will also attend the Barclays Global Technology Conference on December 12, hosting one-on-one and small group investor meetings only.
Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, will participate in the UBS Global Technology and AI Conference in Scottsdale, AZ, from December 2-5, 2024. CEO Gideon Ben-Zvi will hold one-on-one meetings on December 2. For further details, interested parties should contact UBS.
Valens Semiconductor (NYSE: VLN) will participate in the UBS Global Technology and AI Conference in Scottsdale, AZ, from December 2-5, 2024. CEO Gideon Ben-Zvi will hold one-on-one meetings on December 2. Valens is recognized for its high-performance connectivity solutions, integral to advanced audio-video systems and autonomous driving technologies.
Thomas Gitzel, Chief Economist at VP Bank, has been recognized as one of Germany's most influential economists, ranking 55th among the top 100. He is also in the top 10 for media citations in "Business cycle" and "Companies/industries," and ranks 24th overall for media presence. Gitzel's insights on key economic developments reflect the strong teamwork at VP Bank Research, emphasizing their commitment to timely market analysis.
The dollar index (DXY) has rebounded sharply from 100 to 107 points, driven by easing recession fears, lower expectations for rate cuts, and heightened geopolitical tensions. Currently at the top of its two-year trading range, the risk/reward ratio favors sellers, suggesting a potential pullback before any further rise. Key upcoming economic data will be crucial in determining the dollar's trajectory.
UBS analysts predict a period of consolidation for gold due to a stronger dollar and potential US fiscal stimulus concerns, before it climbs to $2,950 an ounce by the end of 2026. They expect gold to reach $2,900 an ounce by the end of next year, driven by central bank demand and geopolitical risks. Gold has surged 28% this year, supported by central bank accumulation and the Federal Reserve's shift to monetary easing.
Dollar strength is impacting EUR/USD and GBP/USD, while pushing USD/JPY higher. EUR/USD is testing the $1.06 level, needing to close above it for a potential recovery, while GBP/USD eyes $1.2860 for support. USD/JPY continues its rally, but risks Japanese FX intervention if it persists.
Aptiv PLC, a global technology company focused on enhancing mobility, will present at the UBS Global Industrials and Transportation Conference on December 4 at 8 a.m. Eastern Time. A simultaneous webcast will be available on the Aptiv Investor Relations website. For more information, visit aptiv.com.
Silver prices are nearing the critical $30 mark amid rising geopolitical tensions, particularly following Russia's updated nuclear doctrine and recent military actions involving Ukraine. Investors are also focused on upcoming US economic data, including unemployment claims and consumer confidence, which could influence market sentiment. The $30 level serves as a key psychological barrier; a sustained hold above it may lead to a rally towards $35, while a drop below could increase downward pressure.
Global Financial Events
SubCategory
Japanese Yen
British Pound Sterling
Chinese Yuan
United States Dollar
Euro
Norinchukin Bank(the)
JPN
Kazuto Oku
Dean Martin
Show more
15:16 21.11.2024
15:00 21.11.2024
13:00 21.11.2024
13:00 21.11.2024
11:52 21.11.2024
09:52 21.11.2024
01:49 21.11.2024
23:10 20.11.2024
22:30 20.11.2024
17:58 20.11.2024
Trending
Subcategory:
Stock Market Updates
Industry Trends
Corporate News
Banking Regulations
Retail and Consumer Goods
Global Financial Events
Finance Mergers & Acquisitions
Market Analysis and Predictions
European Securities and Markets Authority
Central Bank Actions
Industry Mergers & Acquisitions
Supply Chain Management
Inflation and Monetary Impact
Cryptocurrency Trends
Workplace Trends
CEO Changes
Foreign Exchange Rates
Cryptocurrency Markets
Banking & Investment Regulations
Corporate Social Responsibility
Countries:
Companies:
Currencies:
People:
Apple Inc.
Credit Suisse High Yield Bond Fund, Inc.
Samsung Biologics Co.,Ltd.
Spotify Technology S.A.
Michelin
Tesmec S.p.A.
UBS Group AG
Vivos Inc.
SAP SE
XIAOMI-W
UBS AG
SentinelOne, Inc.
Taiwan Semiconductor Manufacturing Co Ltd
Zalando SE
JPMorgan Chase & Co.
Coinbase Global, Inc.
Berner Kantonalbank AG
IG Group Holdings plc
Thurgauer Kantonalbank
Basellandschaftliche Kantonalbank
United States Dollar
Euro
Swiss Franc
Chinese Yuan
British Pound Sterling
New Zealand Dollar
Australian Dollar
Singapore Dollar
Indian Rupee
Indonesian Rupiah
New Taiwan Dollar
South Korean Won
Vietnamese Đồng
Danish Krone
Canadian Dollar
Malaysian Ringgit
Hong Kong Dollar
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.