On Monday, the Dow Jones Industrial Average achieved a historic high above 38,000, accompanied by a surge in United Airlines’ stock following strong fourth-quarter results. However, concerns about the grounding of Boeing 737 Max 9 planes led to an anticipated …
Forex Markets Update: 22 Jan 2024 CURRENCIES: Equities Forecast: US equities, including the S&P 500 and Dow Jones, reach fresh all-time highs, propelled by a robust performance in big tech stocks. The ongoing Q4 earnings season, especially results from the …
Recent decisions by central banks have significantly influenced global markets. In December 2023, the Bank of Japan (BoJ) and the Bank of Canada maintained key interest rates, while the European Central Bank (ECB) sustained multi-year high rates to combat inflation. …
On Thursday, a positive turnaround in the stock market was driven by strong performances from tech companies, notably Apple, following a buy rating upgrade from Bank of America. The Dow Jones Industrial Average gained 201.94 points, the Nasdaq surged by …
On Wednesday, the stock market saw a downturn driven by increasing Treasury yields influenced by robust U.S. economic data. The Dow Jones Industrial Average posted its third consecutive day of losses, dropping by 0.25%, while the S&P 500 and Nasdaq …
Forex Daily Analysis: Currency Strength & Stock Market Shifts CURRENCIES: Overview: The U.S. dollar regained strength against major counterparts on Tuesday. Supported by higher U.S. Treasury yields, market expectations for a March interest rate cut fell below 59%, down from …
On Tuesday, the Dow Jones Industrial Average faced a 0.62% dip, closing at 37,361.12, influenced by increased bond yields and mixed fourth-quarter earnings. Boeing shares plummeted 7.9% due to a Wells Fargo downgrade, while AMD soared 8.3% on a positive …
TOP FX NEWS: 16 Jan 2024 CURRENCIES: GBP/USD Analysis and Charts: Falling UK wages provide optimism for the Bank of England. Cable faces pressure due to USD strength. Key Points from ONS Labour Market Overview: UK wage growth decelerated in …
European stocks faced a subdued start as U.S. markets remained closed, and the Stoxx 600 index ended down 0.5%, with travel stocks climbing 0.9% and household goods falling 1%. The German economy contracted by 0.3% in 2023 due to factors …
Forex Market Analysis: Monday 15 Jan 2024 Economic data: Markets closed for Martin Luther King, Jr. Day Earnings: Markets closed for Martin Luther King, Jr. Day CURRENCIES: Event Focus: UK Unemployment and Inflation Data Major event risk from the UK …
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