Digital trading continues to grow across Asia, driven by mobile technology and expanding interest in financial independence. Retail traders now access platforms for forex, crypto, and stocks directly through their smartphones. Cambodia is no exception. Local traders, especially the younger generation, are using trading apps more often to try short-term profits or long-term investments. App-based Read More
Oil reaches a five-month peak following the United States’ strikes on significant Iranian nuclear facilities. Oil prices experienced a significant increase, reaching a multi-month peak following the U.S. collaboration with Israel in military actions against Iran’s nuclear installations, thereby heightening tensions in the Middle East. Concerns are escalating regarding possible supply disruptions, especially the closure of Read More
Oil prices have closed at a lower level following the easing of US sanctions, which has alleviated concerns regarding potential escalation in Iran. Oil prices experienced a decline on Friday. The United States has unveiled a fresh set of sanctions concerning Iran. This diplomatic maneuver has generated optimism regarding a potential accord. Previously, President Trump Read More
Oil prices were poised to rise for the third consecutive week, notwithstanding a decline on Friday. Investor sentiment was marked by anxiety in light of the continuing conflict between Israel and Iran. Brent crude futures witnessed a decline. Nonetheless, weekly gains remained apparent. Concerns regarding supply disruptions via the Strait of Hormuz sustained elevated prices. Oil Read More
Gold remains stable amid the escalating conflict between Israel and Iran, with the extent of US involvement still uncertain. Gold prices held steady at $3,367.60 an ounce in the context of rising geopolitical tensions between Israel and Iran. Investors exhibit caution as the United States deliberates its potential involvement in the ongoing conflict. President Trump is Read More
Gold experiences an uptick amid escalating tensions in the Middle East; however, the Federal Reserve’s prudent perspective limits the extent of these gains. Gold prices experienced a modest uptick, driven by safe-haven demand in the context of escalating tensions in the Middle East. However, the extent of these gains was constrained by the Federal Reserve’s signals Read More
Oil prices experiences a decline due to an increase in US stockpiles and price reductions from Saudi Arabia. Oil prices saw a decline early Thursday as a result of an increase in U.S. gasoline and diesel inventories. Saudi Arabia’s choice to reduce July crude prices for Asian buyers also played a role in the decline. Read More
Gold remains steady as uncertainty surrounding US-China trade offsets robust US jobs data. Gold prices exhibited stability. Trade tensions between the United States and China offset the positive job data emerging from the U.S. China seeks to improve its relations with the United States. There exists the potential for discussions between Donald Trump and Xi Jinping. Gold Read More
Gold remains close to a four-week high, influenced by a declining dollar and ongoing trade concerns. Gold prices surged to a near four-week high, supported by a declining dollar and heightened U.S.-China trade tensions, which have amplified demand for this safe-haven asset. The uncertainty surrounding trade negotiations and geopolitical concerns, particularly the discussions between Russia and Read More
The increase in OPEC+ production has catalyzed a surge in oil prices, coinciding with heightened geopolitical tensions. Oil prices experienced an impressive rise. This development followed the decision by OPEC plus countries to boost oil production levels. The rise was below projections. Geopolitical tensions surrounding Ukraine and Iran also played a role. OPEC+ has reached a Read More
