Jerry Lin

Jerry Lin

The Latest

  • Gold Prices Surge to Record Highs Before Sharp Decline, Analysts Caution on Volatility
    Gold Prices
    On December 4, during the Asian trading session, international gold prices soared, with gold futures briefly surpassing the historic high of $2,150 per ounce. Spot gold prices also reached new heights, momentarily exceeding $2,100 per ounce.
  • Bitcoin Hits New Peaks Driven by Market Changes and Economic Trends
    BITCOIN
    Bitcoin's recent surge to a year-to-date high, surpassing the $42,000 threshold, has caught the attention of the financial world. This uptick in the cryptocurrency's value is attributed to several key factors identified by industry analysts. A Bitfinex Alpha report has shed light on the reasons behind this significant price movement.
  • Venezuela's Referendum on Claiming Guyana Territory Stirs Tensions in Oil-Rich Region
    Venezuela Oil Sanctions
    On December 3, Venezuela, a major oil-producing country, held a nationwide referendum on incorporating the Essequibo region of neighboring Guyana as its 24th state. Preliminary results on December 4 indicated that 96% of Venezuelan voters favored annexing the Essequibo region, currently under Guyana's control, with a 51% voter turnout.
  • Gold Prices Soar, Boosting Related Stocks Amid Fed Rate Cut Speculation
    Gold Prices
    The international gold price has reached a new historical high. On December 4, COMEX gold futures continued their upward trend from the previous week, briefly surpassing the $2,150 per ounce mark. Spot gold broke through the $2,100 per ounce barrier, reaching a high of $2,144.68 per ounce, setting a new record.
  • Bitcoin Soars to $40K, Sparking New Crypto Market Frenzy
    CRYPTO
    Bitcoin has once again made headlines by reaching the notable mark of $40,000 for the first time in 19 months.
  • Global Oil Prices Stagnate Despite Major OPEC+ Production Cuts
    OPEC
    This tepid response is attributed to skepticism about the effectiveness of these voluntary cuts, uncertainty about global economic growth, and market expectations for more substantial reductions.
  • Inflation Decline in U.S. and Eurozone Fuels Expectations for Interest Rate Cuts
    FED CHAIR
    These figures represent the lowest monthly inflation rates recorded by these major economies during the current inflation and interest rate hike cycle.
  • Bitcoin Breaks $38,000 Amid ETF Approval Anticipation and Corporate Acquisitions
    Bitcoin earns itself an anti-fan in Deatsch Bank
    The cryptocurrency market has witnessed a significant surge, with Bitcoin, the pioneering digital currency, breaking the $38,000 barrier.
  • Franklin Templeton CEO Foresees Potential Fed Rate Cut by 100 Basis Points Next Year
    U.S. Federal Reserve building
    Jenny Johnson, President and CEO of Franklin Templeton, one of the world's largest asset management firms overseeing more than $1.4 trillion in assets, predicted a potential reduction in the Federal Reserve's interest rates by 100 basis points next year. Johnson shared her insights at the second Abu Dhabi Finance Week's Asset Forum on November 28.
  • OECD Forecasts Global Economy to Avoid Hard Landing in Next Two Years, Warns of Significant Risks from Israel-Palestine Conflict
    U.S. trade deficit jumps to record high in June on strong import growth
    The Organisation for Economic Co-operation and Development (OECD) updated its global economic outlook report on November 29, analyzing trends and prospects for the next two years.
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