Boqii Holding Limited, a prominent pet-focused platform in China, recently released its fiscal year 2024 first-half earnings report. Despite facing a notable decrease in revenue, the company has shown resilience in its private label business and improved operational efficiencies. Boqii reported a 34% year-on-year decline in revenue, reaching RMB389.4 million. Although this decrease is concerning,
The euro has displayed a highly positive performance throughout the week, reaching the significant 1.10 level against the US dollar. This level not only holds psychological significance as a large, round figure but is also marked by the presence of the 200-Week EMA. Moving forward into the Christmas week, concerns over liquidity may arise. Nevertheless,
The USDCHF currency pair has recently tested an eight-year low, signaling a significant decline in value. However, while sellers may currently hold power, this dominance may not last long. Additionally, market participants eagerly anticipate the release of the Core PCE inflation figures, set to be announced at 13:30 GMT. In recent times, the USDCHF pair
The National Park Service is promoting accessibility and encouraging people to explore the beauty of U.S. national parks by offering free admission on six designated days in 2024. With over 400 national parks in the country, most of them already offer free entrance all year round. However, 109 parks, including renowned ones like Grand Canyon,
The USDCAD currency pair has experienced a sharp downturn recently, as the 20-day and 200-day Simple Moving Averages (SMA) have formed a dreaded Death Cross. This technical indicator is a bearish signal that indicates further selling pressure in the short-term. The Death Cross is a widely-followed technical pattern that occurs when the short-term moving average
The currency pair GBPJPY has been displaying a perplexing lack of direction in the past two weeks. Traders and analysts have been scratching their heads as the GBPJPY chart fails to provide any clear trend or indication of future movement. This period of ambiguity has left investors on edge, uncertain about when and how to
The USD/JPY pair made an attempt to break above the 145.00 resistance level, but failed to gain momentum, resulting in a fresh decline. Looking at the 4-hour chart, it is evident that the pair has settled below the 144.00 level, as well as the 100 and 200 simple moving averages. The bears have pushed the
The Bank of England (BoE) is currently facing scrutiny and criticism for its slow response to the significant decline in UK price growth. The latest official data has shown a substantial drop in consumer price growth, with figures plummeting to 3.9% in November from 6.7% in September. This unexpected decrease in price growth has triggered
Cryptocurrency exchange Coinbase has achieved registration with France’s markets regulator, the AMF, allowing the company to expand its services in the European market. This approval, referred to as a virtual asset service provider (VASP) registration, grants Coinbase the ability to offer various digital currency services, including custody of digital assets, buying and selling digital assets
Disney has recently announced that Morgan Stanley CEO James Gorman will be joining a succession planning committee, advising the board on the selection of Bob Iger’s successor. Gorman, who is stepping down from his position at Morgan Stanley, will officially join Disney’s board in February. This move is seen as a strategic decision to prevent
In a landmark move, the United Kingdom and Switzerland have inked a post-Brexit financial services deal, solidifying their positions as leading banking hubs in Europe. This groundbreaking agreement, known as the Bern Financial Services Agreement, aims to enhance cooperation between the two countries and establish a framework for future collaborations. British Finance Minister Jeremy Hunt
As we evaluate the price action of ETHUSD, a clear pattern emerges – a structure of lower highs and lower lows. This pattern indicates a downtrend in the market, reflecting the sellers dominating the buyers. This consistent series of lower highs and lower lows suggests a bearish sentiment in the market, where traders are taking