As we step into the first trading day of September, markets are kicking off the month with a mix of caution and anticipation. With summer behind us, investors are shifting their focus to key economic data releases and potential market-moving …
The U.S. dollar is poised to break a five-week losing streak, currently trading close to a one-week high against major currencies as of Friday. This recovery follows strong U.S. economic data, which has prompted traders to reduce expectations for aggressive …
Asian markets fell on Thursday, mirroring the downward trend in Wall Street futures, as Nvidia’s earnings report failed to meet the high expectations of optimistic investors. Nvidia’s forecasted third-quarter revenue of USD 32.5 billion did surpass Wall Street’s projections, but …
The Japanese yen has retreated from recent highs as the US dollar rebounds. This change is occurring against the backdrop of contrasting monetary policy signals from the Bank of Japan and the Federal Reserve, which are impacting the yen’s performance …
As the final week of August kicks off, markets are reacting to a weekend full of key insights from the Federal Reserve’s Jackson Hole Symposium, alongside early economic data releases. KEY INDICATORS US Durable Goods Orders (MoM): New orders placed …
Today, the forex market is a blend of careful optimism and rising anticipation as investors process recent economic reports and prepare for important events later this week. The trading activity today offers valuable insights into the state of the economy. …
On Tuesday, the US dollar lingered close to a seven-month low, as growing speculation suggests the Federal Reserve might start reducing interest rates as early as next month. This outlook for possible monetary easing has impacted the broader currency markets, …
As we start the third week of August, the markets are preparing for several important events that could influence the rest of the summer. We’ll be watching for key economic data and important earnings reports from major retailers, which could …
Today’s market preview concisely examines the key factors influencing trading, which helps investors prepare for the day ahead. Key Economic Indicator of the Day UK core inflation rate YoY (July) and inflation rate YoY (July): UK headline inflation was 2.2% …
Today’s market preview provides a concise look at the key factors likely to influence today’s trading, helping investors prepare for the day ahead. US Crude Oil Inventories Oil prices fell in Asian trading hours on Wednesday, with persistent concerns over …