Category: Markets

The Indian Rupee (INR) edged higher against the US Dollar (USD) on Monday, reflecting a brief respite following a volatile week in currency markets. The USD/INR pair retraced from a fresh all-time high just above 88.50, settling near 88.25 at the start of trading.  Market participants attribute this dip to likely intervention by the Reserve...

The Australian Dollar (AUD) has maintained a stable trajectory amid robust economic signals from both Australia and China, while the US Dollar (USD) faced downward pressure following weaker-than-expected labor market data in August.  The latest developments indicate that the AUD is benefiting from a combination of solid domestic growth, favorable trade balances, rising inflation, and...

The Japanese Yen (JPY) started the new week on a weaker note, reflecting heightened domestic political turmoil and lingering market uncertainty. Over the weekend, Japanese Prime Minister Shigeru Ishiba announced his resignation, prompting the Liberal Democratic Party (LDP) to organise an emergency leadership race.  This unexpected political development overshadowed optimism generated by the recently signed...

Gold (XAU/USD) begins the new trading week in a bullish consolidation phase, hovering just below the $3,600 per ounce mark after reaching an all-time high last Friday.  The precious metal surged on the back of weaker-than-expected US jobs data and heightened expectations for Federal Reserve (Fed) rate cuts, but a modest US Dollar (USD) recovery...

Carlyle’s AlpInvest Partners Raises Record Fund to Fuel Buyout Investments Carlyle’s AlpInvest Partners has raised $4.1 billion for its ninth co-investment fund, ACF IX, surpassing the previous fund’s $3.5 billion raise in 2021. This significant fundraising effort reflects the growing demand among investors for buyout investment opportunities.  The financial analysts at Aurolonix highlight that the...

Swiss Private Bank Eyes Cost Reduction and Wealth Management Focus to Strengthen Its Position by 2028 In a strategic pivot aimed at restoring its financial standing and investor confidence, Julius Baer, the prominent Swiss private bank, is set to slash 130 million Swiss francs ($159 million) in costs by 2028. This move comes after the...

Swiss Private Bank Eyes Cost Reduction and Wealth Management Focus to Strengthen Its Position by 2028 In a strategic pivot aimed at restoring its financial standing and investor confidence, Julius Baer, the prominent Swiss private bank, is set to slash 130 million Swiss francs ($159 million) in costs by 2028. This move comes after the...

Breaking Records: Nvidia Surpasses Microsoft to Become World’s Most Valuable Company In a remarkable turn of events, Nvidia has once again surpassed Microsoft to become the world’s most valuable publicly traded company. This shift is largely attributed to the growing demand for Nvidia’s AI chips, which have fueled massive adoption across industries from gaming to...

How Tesla Is Turning the Tide Down Under Tesla has seen a significant surge in Australian sales this May, marking a sharp contrast to its challenges in other regions like the U.S. and Europe. After a period of declining sales in key markets, this growth in Australia offers a glimmer of hope.  As financial analysts...

In recent months, concerns about the US economy and political instability have prompted a significant shift in investment strategies. According to Aurolonix’s senior financial analysts, a new trend, dubbed the “Anywhere But the USA” trade, has gained momentum among investors seeking more stable and diversified opportunities outside the US. This trend reflects a broader recalibration...