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02:14
Spot gold short-term trading suggestion: range-bound trading, buy on dips, sell on rallies
(1) Analysis: The US Dollar Index has halted its decline due to a resurgence in risk-off sentiment, while US Treasury yields remain elevated, exerting some pressure on gold. However, expectations for a Federal Reserve rate cut have not completely dissipated, and ongoing uncertainty in the Middle East continues to support safe-haven demand for gold. From a technical perspective, gold has strong support near $4,500. (2) Key focus: US Treasury yields, US Dollar Index, geopolitical situation, US PCE Price Index. (3) Resistance: 4,580; 4,600; 4,650. (4) Support: 4,500; 4,480; 4,450.
02:10
Central Bank of Sri Lanka: Sri Lanka's private sector credit in February was 10,439 billion rupees, higher than January's 10,295 billion rupees.
The Central Bank of Sri Lanka: Sri Lanka's private sector credit in February amounted to 10.439 trillion rupees, higher than January's 10.295 trillion rupees.
02:08
DBS Group: Middle East conflict drags down Singapore's energy-intensive industries, but AI supports trade; maintains 2.8% GDP growth forecast
(1) DBS Group senior economist Chua Han Teng stated in a report that due to supply disruptions caused by the Middle East conflict, Singapore's economic performance in 2026 is expected to be uneven.(2) Thanks to the artificial intelligence (AI) boom, trade-related industries have performed well so far this year; however, energy-dependent sectors will continue to face pressure from supply constraints, with the outlook for the petrochemical sector remaining bleak in the coming quarters due to limited raw material supply.(3) Nevertheless, DBS Group has maintained its forecast for Singapore's GDP growth in 2026 at 2.8%, within the official estimated range of 2.0% to 4.0%.
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