/daily-market-analysis/page/45/

    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    16 February 2024
    Forex Market Analysis: Gold’s Recovery and Stock Market Resilience Amid Economic Uncertainty

    CURRENCIES: Gold Prices Recovery Recent Surge: Gold prices climbed back above the crucial $2,000 mark, driven by a weaker U.S. dollar and lower Treasury yields following disappointing U.S. economic data. Economic Data Impact Retail Sales Data: January’s U.S. retail sales …

    16 February 2024
    S&P 500 hits 11th record high amidst mixed economic signals and global currency shifts

    The S&P 500 notched its 11th record high of the year, leading a positive trend across major U.S. stock indexes, despite mixed economic indicators and a volatile week. Closing at 5,029.73, the index was up by 0.58%, with the Nasdaq …

    15 February 2024
    Forex Market Analysis: Dollar Stabilizes Post-CPI Surge; Market Resilience Amidst Inflation Concerns

    CURRENCIES: US Dollar Updates The U.S. dollar stabilizes after its surge post-CPI data, with the DXY index fluctuating near the break-even point. A lack of further gains does not imply a weakening of the bullish sentiment. Focus on technical analysis …

    15 February 2024
    Stock Market Rallies Led by Lyft Surge Amid Adjusted Federal Reserve Rate Cut Expectations

    On Wednesday, the stock market witnessed a significant rebound, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average posting notable gains, driven in part by Lyft’s shares soaring 35% after reporting impressive fourth-quarter earnings. This rally followed a …

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