Jerry Lin

Jerry Lin

The Latest

  • Gold Maintains Stability as Markets Anticipate US Inflation Data, Silver Poised for Spotlight
    Spot Gold
    Gold prices remained consistent on Monday, following a record-breaking streak last week, with investors closely watching the upcoming U.S. inflation data for indications of the Federal Reserve's potential interest rate adjustments.
  • Japan's Economy Grows 0.4% in Q4 2022, Avoiding Technical Recession as Capital Expenditure Jumps
    Yen
    Japan averted a technical recession as revised official data released on Monday showed the economy returned to growth in the October-December period last year, bolstered by strong capital expenditure. However, the upward revisions were weaker than estimated, with private consumption remaining weak.
  • Bitcoin Soars to Record High Above $71,000 as UK Allows Crypto-Backed Exchange-Traded Notes
    STOLEN
    Bitcoin prices surged to a new all-time high on Monday, crossing the $71,000 mark after the U.K.'s financial watchdog announced it would allow exchanges to list cryptocurrency-linked exchange-traded products for the first time.
  • Gold Hits Record High Amid U.S. Jobs Data and Fed Rate Cut Speculation
    Gold Prices
    Gold prices reached unprecedented heights, buoyed by the latest U.S. employment data, which hinted at a potential shift in the Federal Reserve's monetary policy
  • Bitcoin's Record Surge to $70,000 Marked by Volatility and Investor Optimism
    SOARING
    Bitcoin surged to an unprecedented high, momentarily breaking the $70,000 barrier, a milestone that underscores the cryptocurrency's dramatic and unpredictable trading patterns.
  • U.S. Economy Adds 275,000 Jobs, Unemployment Ticks Up to 3.9%
    JOBLESS
    The US economy outperformed expectations in February by adding 275,000 nonfarm payroll jobs, surpassing the 198,000 jobs economists had projected. This surge in job creation, however, was accompanied by an uptick in the unemployment rate to 3.9% from January's 3.7%, marking the first rise in four months and signaling a potential softening in the labor market.
  • Egypt Floats Currency, Hikes Interest Rates, and Secures $8 Billion IMF Deal
    Egypt Floats Currency, Hikes Interest Rates, and Secures $8 Billion IMF Deal
    Egypt has taken significant steps to stabilize its economy by floating its currency and agreeing to an expanded $8 billion deal with the International Monetary Fund (IMF), mere hours after the central bank unshackled the pound and delivered a massive 600 basis points interest rate hike.
  • Powell Reinforces Fed's Stance on Delaying Rate Cuts Until Inflation Moves Sustainably Toward 2%
    FED CHAIR
    Powell struck a balanced tone, acknowledging the economy's resilience while underscoring the need for further data to confirm a sustainable path toward the Fed's 2% inflation target.
  • ADP Reports Slight Miss in February Private Payroll Growth, Amid Economic Scrutiny
    Jobless Claim
    The addition of 140,000 jobs last month marked an improvement from January's upwardly revised count of 111,000 but did not reach the Dow Jones forecast of 150,000.
  • Gold Surges to Record Highs, Market Strategists Eye More Upside Amid Economic Shifts
    Gold Price
    Gold prices have ascended to unprecedented levels, with early U.S. trading seeing a modest uptick that propelled the precious metal to a record high of $2,155.50, according to Comex futures.
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