Market News

Market

How U.S. FOMC Meetings Impact Short-term Korean Treasury Bond Yields

Recent analysis suggests that the U.S. Federal Open Market Committee (FOMC) has a greater short-term influence on Korean treasury bond yields compared to domestic political issues,...

Market

US and Korea Rate Cuts Drive Korean Government Bond Yields Down

Government bond yields in Korea plummeted across all maturities last month, influenced by rate cuts from the U.S. Federal Open Market Committee and the Bank of Korea. The decline i...

Market

Geopolitical Tensions Spark Surge in Gold Prices

The price of precious metals climbed on Monday as escalating geopolitical tensions, particularly the end of the Assad family's 50-year rule in Syria, seemed to heighten demand for ...

Market

MicroStrategy Makes Massive Bitcoin Purchase: 21,550 BTC for $2.1 Billion

MicroStrategy has acquired 21,550 Bitcoin for $2.1 billion, at an average price of $98,783 per Bitcoin, according to an SEC filing. The transaction was financed through the sale of...

Market

US Markets Experience Mixed Open Amid Anticipation of Key Economic Data

US stock indexes opened mixed on Monday as investors await key economic reports, including wholesale inventories, inflation, jobless claims, and producer prices data. Oracle Corpor...

Market

Tesla's Stock Surges to Highest Level Since Late 2021: What's Driving the Rally?

Tesla Inc.'s stock reached above $400 per share for the first time since January 2022, driven by details about the Cybertruck and plans for a Full Self-Driving service by 2025. The...

Market

US Markets Tumble as Investors Await Key Economic Data

The Dow Jones Industrial Average closed down 240 points on Monday as investors awaited key economic data. The Travelers Companies led the decline, losing 3.53%. In the tech sector,...

Market

German CPI Data and US Inflation Figures Drive European Markets in Premarket Session

European stock indexes edged lower in Tuesday's premarket session as investors awaited key economic data. German inflation for November is set to be confirmed at 2.2%, while antici...