Japanese yen hits 34-year low while dollar reigns supreme

Japanese yen hits 34-year low while dollar reigns supreme

The Japanese yen has hit its lowest level against the dollar since 1990. This came after the Bank of Japan (BoJ) recently ended a long era of negative interest rates. The move has not had much impact on the value of Japanese government bond yields as the gap between them and those of the US widens. This development may be up to BoJ's monetary policy and, in particular, how its officials react to any further currency devaluation or rising inflation in the country.

Red Metal still an Attractive Investment Even in 2024

Red Metal still an Attractive Investment Even in 2024

The copper price recently met the highest levels since last April. * Analysts coincide that the rally is far from over as demand is expected to rise with production at the world's major suppliers of the red metal is under threat. Copper plays a key role in the industry in terms of its use and disruptions in deliveries could have a significant impact on prices. Like gold or silver, copper too represents an attractive investment for uncertain times. [1]

Reddit Joins Social Media Giants in Public Trading

Reddit Joins Social Media Giants in Public Trading

Reddit, the renowned forum and social media website, is entering public trading this month, joining other social media giants in the battle for the favour of investors. This event is shaping up to be the most anticipated IPO of the year, with Reddit opting out for a quite unique approach that puts the website’s communities first, granting them privileges in its stock trading. Will this strategy pay off for Reddit or is it a step in the wrong direction?

Gold Prices Reach Their All Time High

Gold Prices Reach Their All Time High

Gold recently reached its record value after Jerome Powell, the US Federal Reserve chairman, testified in front of the congress and expressed his positive stance towards potential interest rate cuts this year. The recent gains were fueled by investors increasingly placing bets on monetary policy easing that could happen as soon as June. At the end of the last year, gold prices climbed above $2,000 and remained there as of March, 2024*. Gold demand remains high also due to central banks buying it out as a hedge against inflation.