USD/KZT: Kazakhstan tenge price remains undervalued: BofA

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The US stock market traded mixed on Thursday. By the end of trading, the Dow Jones (US30) rose by 0.03%, the S&P 500 (US500) decreased by 0.54%, and the technology-heavy NASDAQ (US100) closed lower by 1.18%. The primary event of the day was the paradoxical reaction to Nvidia’s earnings report: despite strong financial results, the…

US Oil has been consolidating between $65.50 to $70 since the past month war-led volatility calmed down sharply. Markets had earlier been concerned by supply fears which considerably lowered the Energy commodity’s prices since 2025. Momentum has turned in June, but no trend has been forming since. Despite some renewed tensions in the Middle East…

President-elect Trump announced plans for tariffs on goods from Canada, Mexico, and China. Despite tariff concerns, the S&P 500 continues to climb, with economists predicting it could reach 6500 by year-end. The S&P 500 has historically performed well in December during election years, adding weight to the possibility of a “Santa Rally.” Most Read: Brent…