Tag: Market analysis

The Indian Rupee faced some challenges on Tuesday as it traded in the negative territory during the Asian session. This weakening can be attributed to the increased demand for the US Dollar and the...

In a recent development, executives at ZUU Co. Ltd. made a significant purchase of shares in Pono Capital Two, Inc. The transaction, which occurred on June 27, 2024, involved the acquisition of shares priced...

Marine Le Pen's Rassemblement National emerged victorious in the first round of French parliamentary elections, securing around 33% of the vote. The left front followed with 28%, and Macron's alliance with 21%. The RN...

US Treasury yields continued to rise in the forex markets on July 1, with the NASDAQ index starting strong and closing at a record level. Former Fed Governor Clarida predicted one Fed rate cut...

The Dow Jones Industrial Average (DJIA) experienced significant fluctuations on Monday as a result of key US data missing expectations. The US ISM Manufacturing Purchasing Managers Index (PMI) dropped to 48.5 in June, below...

This week in the forex market, there are several key events and data releases to keep an eye on. On Monday, we have important data coming out of China, Switzerland, and the US, including...

Dividend-paying stocks are a great way for investors to enhance their portfolios and increase returns. To find these stocks, it's important to look for companies with a history of consistent payments and strong financials....

USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian GDP figures for April showed a 0.3% increase, indicating a...

On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI) Year-on-Year (Y/Y) for June was reported at 2.20%. Additionally, the...

The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1% versus an expected -0.1%, the dollar initially dipped due to...

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps keep interest rate expectations stable and supports risk sentiment, which...

The US stock market had a rocky start today, with equities falling early in the day. However, a late surge in buying activity, particularly in Nvidia, helped turn things around. Thanks to this strong...

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other major currencies. Market activity was relatively quiet, with investors lacking...

The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This was fueled by speculations that the Federal Reserve (Fed) might...

The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the 160.20 high, with a possibility of extending to the 100%...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to be aware that leverage can increase the level of risk and potential loss. Before engaging...

The U.S. stock market is being influenced by the Federal Reserve's decision on interest rates and the ongoing artificial intelligence trend. Wall Street analysts are focusing on identifying stocks with solid fundamentals and long-term...

The upcoming events for the week include various economic indicators from different countries. On Monday, we have the Bank of Japan releasing the Summary of Opinions and German IFO data. Tuesday will see the...

The upcoming week from June 24th to June 28th is packed with significant economic events around the world. Let's take a look at some key events that will shape the global economic landscape.Starting off...

Stay informed about the upcoming economic events and speeches that could impact the financial markets this week. On Monday, June 24, at 3 AM ET, keep an eye out for FOMC member Waller speaking....

The week ended on a soft note for US equities, with key events and releases to watch in the upcoming week. Gold saw a short-lived rally before falling $40. MUFG predicts that the BOJ...

The Dollar gained strength due to recent activities by the European Central Bank, according to FX Strategist Francesco Pesole from ING. This was influenced by the surprise rate cut by the Swiss National Bank...

Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist Francesco Pesole. He believes that an August rate cut is...

The Euro Area's economic recovery is facing uncertainty as recent Purchasing Managers' Index (PMI) data points to weaknesses in the region. While global equities saw modest gains and crude oil prices surpassed USD 85...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to carefully consider your investment objectives, experience level, and risk tolerance before engaging in such activities....

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate cuts by the end of 2024. Despite the Fed's dot...

USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report. The PMI reading of 55.1 is the highest in 26...

The UK Services PMI for June fell below expectations, with a reading of 52.9 compared to the prior 51.2. The Manufacturing PMI came in at 51.4, slightly higher than the expected 51.3, while the...

Casual-dining chains are seeing a shift in consumer behavior, according to Darden Restaurants CEO Rick Cardenas. Customers who are fed up with higher prices at fast-food restaurants are now turning to casual-dining chains like...

US housing starts for the month of May came in lower than expected at 1.277 million, missing the 1.370 million forecast. Additionally, initial jobless claims were reported at 238,000, slightly higher than the estimated...

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to continue its upward movement. However, the Bank of England meeting...

SweetBunFactory Nova (NASDAQ: NVMI) is an innovative company that specializes in process control for semiconductor equipment applications. This sector is crucial in the AI-driven world we live in today. Nova's stock has been performing...

Gold Price Reaches One-Week High Amid Fed Rate Cut BetsThe gold price has been on the rise, reaching over a one-week high of around $2,338 as of late. This surge can be attributed to...

The USD/CAD pair is currently trading in a narrow range but is holding steady above the key support level of 1.3700 during the European session on Wednesday. This consolidation is happening amidst uncertainty surrounding...

Investors are facing challenges due to inflation and uncertainty about Federal Reserve rates, causing market volatility. However, long-term investors can benefit from the insights of Wall Street analysts to make informed decisions and improve...