The South Korean won staged a strong comeback against the US dollar, soaring to its highest point since November 4. The USD/KRW exchange rate was trading at 1,430, down by 3.65% from its highest point this year. It remains 6.70% up from its lowest point this year. Why the South Korean won jumped The South
The USD/JPY exchange rate pulled back after the latest macro data from Japan. It was trading at 156.25, down from this month’s high of 157.83. It has also formed the risky double-top pattern, pointing to more downside in the coming days. Weak Japanese data raises doubts for BoJ rate hikes The USD/JPY exchange rate was
The DAX Index had a strong performance in 2025 as it jumped by 22%, which mirrored the growth of other global indices like the S&P 500 and the Dow Jones indices. It was trading at €24,340, up by 32% from its lowest level in April. However, the index has remained in a narrow range of
Ferrari stock price has had a difficult year, falling from a high of $516 in July to the current $375, a move that has erased its market capitalization from the year-to-date high of $136 billion to the current $90 billion. Ferrari stock price dropped amid concerns about the company Ferrari, the iconic Italian supercar company,
The Strategy stock price continued its freefall this month and is now hovering at its lowest level since September last year. MSTR stock has plunged by over 70% from its highest level in 2024, even as the S&P 500 and the Nasdaq 100 indices jumped to a record high. Strategy enterprise NAV is about to
Ferrari stock price has had a difficult year, falling from a high of $516 in July to the current $375, a move that has erased its market capitalization from the year-to-date high of $136 billion to the current $90 billion. Ferrari stock price dropped amid concerns about the company Ferrari, the iconic Italian supercar company,
Main Street Capital stock price did modestly well this year as other companies in the business development companies (BDC) industry accelerated. Main Street Capital beat other BDCs this year It had a total return of 8.9% this year, while the closely-watched VanEck BDC Income ETF (BIZD), which tracks the biggest companies in the industry, dropped
Canada’s TSX Composite Index has had a great performance this year, as it outperformed the S&P 500 and Nasdaq 100 indices. It jumped by ~30% this year, while the two blue-chip indices rose by 20.5% and 16.5%, respectively. TSX Composite Index boosted by soaring commodity prices The TSX Composite Index soared to a record high
The Australian dollar continued its strong uptrend this week, reaching its highest point in over a year amid odds of divergence between the RBA and the Federal Reserve interest rates. The AUD/USD pair jumped to a high of 0.6710, up by 13.4% from its lowest point this year. RBA and Federal Reserve divergence The AUD/USD
The Nifty 50 Index rose and is hovering near its record high, while Indian bond yields rallied after a major statement from the Reserve Bank of India (RBI). It has jumped by 10.9% this year and by 20% from its lowest point this year. RBI launches “shock-and-awe” plan The blue-chip Nifty 50 Index rose after