Author: Admin
FY 2025 (July 1, 2024 – June 30, 2025) was a record year for BullionStar. Total revenue reached SGD 761.1 million, an 80% increase compared to FY 2024. Key highlights Revenue: SGD 761.1 million (+79.7% year on year) Buy orders: 55,686 (+44.6%) Average order size: SGD 13,873 (+26.2%); median order size: SGD 1,469 (+46.7%) Peak buying months: April 2025 (7,659 buy orders) and June 2025 (5,738 buy orders) Website visits: 5,283,570 (+42.7%) Precious Metal Price Trends Gold Price Spot Gold: Closed FY 2025 at USD 3,289/oz (June 30, 2025), up from USD 2,329/oz on July 1, 2024 – a 41.3%…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its four-day winning streak and trading around 99.00 during the Asian hours on Monday.Market caution has grown around the Federal Reserve after federal prosecutors opened a criminal investigation into Fed Chair Jerome Powell over the central bank’s Washington headquarters renovation and whether he misled Congress about the project’s scope, the New York Times reported Sunday.The Greenback faces challenges as traders assess the likelihood of further US Federal Rate cuts after the recent jobs report showed job growth fell short of…
“My deductible is $5,000.”
Highlights include Start of US earnings, US CPI, US Retail Sales, UK GDP, and China Trade Data Ahead MON: Japanese Holiday (Coming of Age Day); M2 & New Yuan Loans (Dec) TUE: EIA STEO; US NFIB (Dec), CPI (Dec) WED: NBP Policy Announcement; US PPI (Nov; Oct-cancelled), US Retail Sales (Nov) THU: UK GDP Estimate (Nov), EZ Trade (Nov), US Export/Import Prices (Dec; Nov-cancelled), NY Fed Mfg survey (Jan), Weekly Claims (w/e 3rd Jan), Chinese House Prices (Dec) FRI: US Industrial Production (Dec) US EARNINGS SEASON: Writing at the end of Q4, FactSet said the earnings season is expected…
Infrastructure and economic rebuilding hinges on the U.S. lifting sanctions.
EUR/USD prolonged its agony throughout the week, poising to print losses of 0.70%, as it fell 0.20% on Friday, despite the release of mixed economic data in the US. In the European Union, Retail Sales exceeded forecasts, but traders’ focus remains around the dynamics of the US and the Dollar. The pair trades at 1.1636 after hitting a daily peak of 1.1662.Euro remains under pressure despite mixed US data, as investors stay focused on Dollar dynamicsDecember’s US Nonfarm Payroll figures were mixed as the economy added 50K jobs, below forecast for a 60K increase, also below November’s 64K print. Nevertheless,…
“My wife began receiving survivor benefits at age 60 from her deceased husband.”
In our December update, we combined the Elliott Wave (EW) Principle with average midterm election-year seasonality and the Armstrong Pi-cycle turn dates and concluded for the S&P 500 (SPX) that“… Provided the index holds above the November 21, 6720 low, the index can set itself up for a subdividing final 5th wave (gray waves W-i, ii, iii, iv, and v), ideally as high as 7490 by approximately April 18-28, 2026.”Fast forward to today, and the SPX is up almost 2% since then, and appears to be subdividing as anticipated. So far, so good. With additional price data now available, we…
Freddie and Fannie have been growing their mortgage bond holdings in recent months, but the 30-year fixed mortgage is still above 6%.
EUR/JPY has recovered its recent losses registered in the previous session, trading around 183.20 during the Asian hours on Friday. The technical analysis of the daily chart suggests that the 14-day Relative Strength Index (RSI) at 54 (neutral) signals steady momentum after easing from overbought. RSI edging higher toward the mid-50s supports stabilization without signaling a stretch.The 50-day Exponential Moving Average (EMA) rises to 181.43, underpinning the medium-term uptrend. The nine-day EMA has slipped and now caps intraday advances, pointing to consolidation above the 50-day line. The backdrop favors dip-buying while the rising medium-term average holds.A close back above the…