Tag: Market analysis

Today in the world of finance, there are a few key updates to keep an eye on. Firstly, it has been announced that US President Trump will be speaking at the Bitcoin 2024 conference...

Gold prices have been on the rise for the past three days, although the bullish momentum seems to be lacking. This increase in price is partly due to the expectations that the Federal Reserve...

Dear readers, Sampo (OTCPK:SAXPF) (OTCPK:SAXPY) is a company I frequently cover as new reports and updates come in. It has transitioned from a bank holding company/insurance mix to a pure-play insurance company. Unfortunately, Sampo...

The AUD/NZD pair saw a significant surge to 1.1090, reaching multi-year highs, following the recent decision by the Reserve Bank of New Zealand (RBNZ). The RBNZ opted to keep the Official Cash Rate (OCR)...

The UK economy has shown signs of improvement, with GDP growing by 0.7% in the first quarter of the year. Analysts are now expecting a 0.2% increase in GDP for the month of May,...

Markets are eagerly anticipating a key event tomorrow, with traders feeling the impatience building as the countdown continues. The kiwi is the only major currency showing some movement today, while others seem to lack...

ESCO Technologies, listed on the NYSE as ESE, is a company that specializes in providing filtration, fluid control products, and integrated propulsion systems for various markets such as aviation, navy, space, and industrial sectors....

Westpac recently responded to the Reserve Bank of New Zealand (RBNZ) statement, noting that it came as a surprise to the markets due to its dovish tone. Contrary to expectations that the brief statement...

Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve will cut interest rates in September. This news has caught...

The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation data released in June, with the country's Consumer Price Index...

Crude oil has been performing well in the market since hitting a low point in early June. Factors like OPEC's extension of output cuts, global economic activity, and potential central bank policy changes have...

Japanese stocks surged to a record high following a rally on Wall Street. The Nikkei 225 daily index, although the Topix may be more important for Japan now due to the shift in ETF...

The Dow Jones Industrial Average (DJIA) experienced a volatile day on Monday, starting with early highs before dropping back down, ultimately closing the day 40 points lower than Friday's closing prices. This marked the...

Consumer price inflation likely increased slightly in June compared to May but continued to follow a downward trend overall. It is estimated that the headline CPI rose by 0.1% in June, with lower gasoline...

Last Friday, the price of gold went up after the US NFP report was released. The report showed that the labor market was slowing down, with the unemployment rate going up and wage growth...

The Mexican Peso experienced a surge to an eight-day high of 17.99 against the US Dollar before losing momentum and fluctuating within the 17.99 – 18.19 range. The currency closed the week with a...

Gold Royalty Corp, also known as GRC, has had a strong start to the year with impressive Q1 results. The company reported record royalty revenue of approximately $2.9 million, marking a 289% growth year-over-year....

On Friday, June 5, the Dollar Index (DXY) hit a three-week low, while the euro showed its largest weekly gain against the dollar in a year. This was due to the US not performing...

The upcoming week is filled with various economic events that could impact the global markets. Here is a breakdown of the key events to watch out for:French Election (Sun): The second round of the...

GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the market, leading to increased optimism among investors. This surge in...

The EUR/USD currency pair experienced significant movement last week, reaching highs of 1.3840 as investors reacted to the US Nonfarm Payrolls (NFP) report. Despite the better-than-expected NFP figures, concerns about rising unemployment and slowing...

Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from left-wing and centrist parties in the second round. The rise...

The stock market saw another successful week with the NASDAQ hitting record highs every day. The Dow Industrial Average, S&P index, and NASDAQ index all closed higher today. The NASDAQ set a new record...

USDCAD has been moving back and forth in a sideways range for some time now. Recently, there has been a shift towards negative momentum in the market. The price is currently approaching the lower...

Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair reached a two-week high of $2,365 the previous day, driven...

The Australian Dollar (AUD) and the New Zealand Dollar (NZD) are both showing signs of potential growth against the US Dollar (USD) in the forex market. Let's take a closer look at the technical...

The US markets were closed for a holiday, and the impact of the US Dollar Index (DXY) on Oversea-Chinese Banking Corporation Limited (OCBC) was significant. The USD fell for the second day in a...

Japan's Topix index reached a historic milestone on Thursday, soaring to a new all-time high of 2,890.52. This surpasses the previous record of 2,885.50 set in December 1989, showcasing the remarkable growth of the...

The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According to fresh ADP estimates, only 150,000 jobs were created in...

European markets experienced a risk-on movement today, following a record close of the US S&P 500 above the 5500 mark. This positive sentiment also influenced European investors, with the Eurostoxx 50 gaining 1.3%. In...

Natural Gas has been facing a losing streak for the seventh consecutive day, with prices continuing to drop. The reason behind this decline is the fact that European gas storages are filling up rapidly,...

Deutsche Bank recently highlighted the top risks for the second half of 2024, cautioning investors to stay alert as surprises could be looming just around the corner. The bank's analysts pointed out several key...

On July 2, 2024, Radius Recycling, Inc. held its Q3 2024 Earnings Conference Call at 11:30 AM ET. The call featured key speakers including Michael Bennett, the Vice President of Investor Relations, Tamara Lundgren,...

Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The decision by OPEC+ to extend voluntary output cuts, along with...

The US Dollar (USD) continues to show strength, with a potential test of the resistance at 162.00 on the horizon. If the USD manages to break above 162.00, the next level to keep an...