/daily-market-analysis/page/45/

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    9 February 2024
    Forex Market Analysis: Dollar Awaits CPI Report, S&P 500 Valuations Reach Historic Highs

    CURRENCIES: US Dollar and Upcoming CPI Report: DXY index rose, influenced by higher U.S. Treasury yields. Market awaits January inflation data; headline CPI expected to slow to 3.1%, core CPI to 3.8%. Higher than expected inflation could boost U.S. dollar …

    9 February 2024
    S&P 500 Nears Historic Milestone Amid Stock Futures Dip and Currency Market Shifts

    Stock futures edged lower on Thursday evening, despite the S&P 500 making headlines earlier in the day by briefly topping the 5,000 mark for the first time during intraday trading, before settling just below this historic level. This slight downturn …

    8 February 2024
    Forex Market Analysis: Gold Price Trends Await Inflation Data, S&P 500 Hits Record High

    CURRENCIES: Gold Price Trends and Influences Gold prices have been fluctuating, stuck in a consolidation phase as they await new catalysts. Upcoming U.S. inflation data could significantly influence gold’s price direction in the near term. Impact of Federal Reserve’s Monetary …

    8 February 2024
    Tech Giants Lead Surge as S&P 500 Nears Historic 5,000

    On Wednesday, the stock market experienced notable gains, propelling the S&P 500 tantalizingly close to the 5,000 mark, thanks to strong quarterly results underscoring a robust economy. The index rose by 0.82%, setting a new closing high of 4,995.06, while …

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