Market Analysis

In a bullish session, stocks closed higher with the S&P 500, Dow Jones, and Nasdaq posting gains fueled by positive earnings reports, particularly from Intuitive Surgical and Lennar. Investor attention is now focused on the eagerly awaited consumer price index …

Analyzing USD Stability and Stock Market Trends CURRENCIES: Stagnant US Dollar: The US dollar remains relatively unchanged in today’s opening trade, leading to a state of uncertainty for USD pairs. Consolidation Phase: The US dollar index is currently consolidating its recent upward …

Tuesday witnessed a rollercoaster ride in the stock market as the S&P 500 and Dow Jones ended with declines while the Nasdaq managed a slight gain, primarily propelled by tech stocks’ resurgence. Despite the market’s recovery, with notable companies like …

Daily Forex Analysis: 9 Jan 2024 CURRENCIES: Gold Price Forecast Overview: Gold prices displayed a downward trend in early 2024 after a robust performance in late 2023. Traders are cautious about entering new bullish positions, seeking more clarity on the …

The stock market rallied strongly, particularly in the tech sector, with the S&P 500 rising by 1.41% and the Nasdaq Composite surging 2.2%, rebounding from a challenging prior week. Notable tech giants like Nvidia, Amazon, Alphabet, and Apple experienced gains, …

FX Daily Analysis: 8 January 2024 CURRENCIES: Market Q1 Outlook: Gold, Stocks, EUR/USD, GBP/USD & USD/JPY monitoring Fed and US Yields Gold and U.S. equities experienced moderate losses in the first trading week of 2024 Pressured by a significant rally …

Following a turbulent start to 2024, the upcoming week is poised for potential high volatility. Key drivers include the release of inflation data, taking in CPI figures from Australia, the US, and alongside PPI data. The UK GDP release also …

Forex Daily News: 5 Jan 2024 CURRENCIES: US Dollar’s Revival Dynamics: DXY index reflects the US dollar’s rebound on Wednesday. Day concludes with the dollar retracing from session highs due to Fed minutes causing a pullback in yields. Focus on …

The stock market closed with mixed results as the Nasdaq Composite sustained its longest losing streak since October 2022, dropping by 0.56% while the S&P 500 experienced its fourth consecutive decline. Mega-cap tech stocks, especially Apple, faced significant underperformance due …

The stock market opened the year with the Nasdaq Composite facing significant losses, marking a 1.18% decrease following the tech giants’ downturn, influenced by Apple’s nearly 4% drop. This decline, paired with the S&P 500 and Dow Jones slipping, reflected …