In this review, we propose to consider a personal composite instrument (PCI) "XAUAUD". It reflects the price dynamics of gold against the Australian dollar. Will the XAUAUD quotes continue to rise? Read more.
Tags : gold
With all the above fundamental information being in Gold's favour, it compliments the technical structure of this pair extensively. Read more.
Steinhoff International announced Monday that its U.S.-based retail chain Mattress Firm has filed an application with the U.S. Securities and Exchange Commission (SEC) to list on the New York Stock Exchange. Read more.
The previous recommendation for this gold instrument was canceled, as the price broke the stop level without activating the order. Read more.
Economic releases have been on the quiet side this week, subduing most volatility and market movements - especially towards Gold. Read more.
Chinese internet giant Tencent Holdings has invested in South African digital bank TymeBank. CDC Group has also invested to take the bank's Series B capital raising to US$180 million (R2.9 billion). Tencent and CDC's investments amount to an additional US$70 million, TymeBank said in a statement on Tuesday. CDC Group is the UK's development finance institution. The closing of the investments is subject to customary conditions precedent and regulatory approvals. Tyme, which has roots in South Africa, is using the Series B funding to expand TymeBank locally and to fund GOTyme in the Philippines, where it has
Absa expects annual profit to more than double in the year to December 31, it said on Friday, citing cost controls and lower bad debts. Read more.
An upward movement is observed when gold rises in price or is at the same level, and the S&P500 stock index - declines. Read more.
JSE-listed Tsogo Sun Gaming's half-year results released on Thursday show the group has put its 2020/2021 loss-making year behind it, as the gaming giant reported a jump in profits and a reduction in debt. Read more.