FTSE 100 Hits New Peaks; DAX 40 and S&P 500 Follow
FTSE 100 Reaches New Record High The FTSE 100 achieved another record high, approaching the critical 8,500 level, fueled by
FTSE 100 Reaches New Record High The FTSE 100 achieved another record high, approaching the critical 8,500 level, fueled by
The Bureau of Labor Statistics will release the April consumer price index (CPI) figures on Wednesday. This major economic report,
Following the previous day’s dramatic dip, gold prices rebounded significantly on Tuesday, rising over 0.8% to reach the $2,350 barrier.
U.S. stock index futures moved slightly in Monday evening trading as traders prepared for critical inflation data due later this
Tech Sector Leads Gains While Fed Rate Fears Persist In late Sunday trade, U.S. stock index futures rose slightly, boosted
Australian inflation rates surpassed estimates in the first quarter of 2024, with the Consumer Price Index (CPI) rising to 1.0%
Gold Retreats Amid Risk Appetite Recovery The recent easing of tensions in the Israel-Iran conflict has provided a boost to
UEDA, SUZUKI ADDRESS PARLIAMENT ON RATES AND THE STATE OF THE YEN Bank of Japan Governor Kazuo Ueda and Minister
The Bank of England (BoE) has indicated that UK inflation could decline more swiftly towards the target than previously anticipated.
Last week, the US Dollar Index (DXD) reached multi-month highs, driven by increasing speculation that the Federal Reserve might delay
Geopolitical Easing Focuses Market on Fundamentals Traders might experience some relief as Iran has decided against further retaliation against Israel,
The US dollar, as measured by the DXY index, fell from multi-month highs on Wednesday, owing mostly to a drop
Market Recovery Amid Geopolitical Concerns On Sunday evening, US stock index futures began to recoup from last week’s losses, amid
Impact on EUR/USD and EUR/GBP Amid Monetary Policy Divergence The euro fell against major currencies, including the US dollar and
Inflation Data Surprises, Dollar Strengthens The US dollar rallied significantly, reaching its highest level against the Japanese yen since 1990,
Nikkei Surges, Chinese Shares Struggle Asian stocks began the week with mixed performance. The Japanese Nikkei 225 rebounded by 1.6%
Overview of Expectations The expectation rises as traders and investors anticipate the release of the nonfarm payrolls (NFP) report from
Market Dynamics and Economic Data Amidst a backdrop of USD weakness and conflicting Federal Reserve announcements, the Pound Sterling has
Economic Data Underwhelms A combination of weaker-than-expected economic data and dovish comments from Federal Reserve Chair Jerome Powell caused the
U.S. stock index futures moved little on Tuesday evening, indicating a stabilization effort after Wall Street had a difficult start
Dollar’s Retreat from Peaks The DXY index dropped by 0.2% to 104.75 on Tuesday, retreating from a five-month high, reflecting
Despite moderate growth, the US economy remains stronger than its worldwide peers. The Atlanta Fed’s GDPNow projection predicts 2.1% growth
Gold Price and Analysis Last week’s trading sessions experienced a highly unpredictable gold market, as prices surged to reach a
Shift in Gold’s Momentum Post-FOMC Meeting After the Federal Open Market Committee (FOMC) meeting and its economic projections, gold went
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