Tag: Market trends

Aon plc reported strong results in the second quarter of 2024, with 6% total organic revenue growth across all solution lines. The company's Commercial Risk segment showed double-digit growth in EMEA and LatAm, with...

The US Presidential election is a hot topic right now, causing volatility in the market and making the Fed's job more challenging. Recent events, such as the gun attack on Donald Trump and President...

The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from the short-term peak of 1.0947 could continue towards the 55-day...

Bitcoin recently experienced a drop in price, falling back to the 64000 level due to general market risk-off sentiment. Despite this, from a fundamental perspective, the data continues to show strong growth, decreasing inflation,...

The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a 0.07% increase for the day.Eurozone PMI numbers came in weaker...

EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer look at the technical analysis for these currency pairs.EUR/USD Technical...

The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for July was reported at 47.2, while the Services PMI stood...

Entering the world of financial markets, investors often find themselves choosing between Forex and Futures trading. Both options have their own advantages and risks, so it's crucial to understand the key differences between them...

TD, a financial institution, is cautious about the future of gold prices due to various factors. They believe that the current positioning of discretionary traders is skewed towards the downside, with many traders having...

Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a further increase as long as the minor support level of...

The stock market has been facing some challenges lately due to various factors like upcoming elections and geopolitical tensions. However, investors can still navigate these rough waters by focusing on long-term prospects rather than...

The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected to maintain the Loan Prime Rate (LPR) at 3.45% for...

Credit Agricole analysis indicates that the British Pound (GBP) remains a strong contender among G10 currencies, despite facing challenges such as increased risk aversion and higher-than-expected UK inflation. The GBP's resilience is linked to...

We Are PDD Holdings (NASDAQ:PDD), also known as Pinduoduo, is a leading e-Commerce platform in China and one of the top three Chinese e-Commerce companies, next to Alibaba (BABA) and JD.com (JD), that dominate...

FTSE China A50 Index Futures (XIN9) are a popular choice for international investors looking to get involved in China's A-share market. These futures, traded on the Singapore Exchange, track the performance of the 50...

China's senior party official for economic affairs recently made a statement regarding the country's economic recovery. According to the official, China's economic recovery is not as strong as it should be. In order to...

On July 18, 2024, several economic data updates were released that could provide valuable insights for forex trading. Let's take a closer look at the key events and their impact on the market.Starting with...

In the recent trading session, the major stock indices all closed higher with the Dow and the Russell 2000 performing the best, while the Nasdaq lagged behind. The Dow Industrial Average saw a significant...

Global core bonds saw some gains ahead of the release of US retail sales data. UK gilts performed slightly better than Bunds and Treasuries as investors prepare for the upcoming June CPI numbers. There...

Hess Midstream LP (NYSE:HESM) is a midstream player that owns major assets of Hess (HES), one of the largest oil and gas companies. Its assets are used by third parties and HES itself. This...

The GBP/USD pair saw a significant breakthrough last week, surpassing the 1.2859 resistance level and confirming a continuation of the rally that began at 1.2298. As we look ahead to the coming week, the...

The upcoming events in the market for the week of July 15-19 are as follows:On Monday, we have various events including the New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales,...

Dividend-paying stocks are a great way for investors to boost their portfolio returns and find stability in unpredictable markets. By keeping an eye on the recommendations of Wall Street analysts, investors can choose dividend...

EUR/USD saw a strong rally last week, reaching a high of 1.0910. The current bias is still leaning towards the upside for the coming week. If there is a decisive break above 1.0915, we...

Bitcoin trading can be a profitable opportunity, but it comes with risks. It's important to be cautious and patient when trading Bitcoin. Here are some key points and strategies to consider:Bulls' Strategy: - Breakout from...

In the United States, inflation has decreased more than expected in June, increasing the likelihood of a rate cut in September. This news comes after Federal Reserve Governor Lisa Cook mentioned that a "soft...

Inflation has decreased significantly in the past two years, leading to some consumer prices deflating in the U.S. economy. Deflation refers to the rate at which prices are falling for consumer goods or services,...

The pound is currently experiencing a significant breakout, with gains in nine out of the past 10 days, including three substantial increases in a row. This surge can be attributed to the recent clarity...

Last week's key insights revolve around the Westpac-MI Consumer Sentiment Survey, indicating a 1.1% decrease in the headline index to 82.7. This decline reflects ongoing household pessimism due to concerns about inflation and potential...

Sphere Entertainment (NYSE:SPHR) has been on a fascinating journey over the past year, with significant developments and updates that have caught the attention of investors. ALFSnaiper Investment Thesis initially gave a buy rating on...

The Pound Sterling saw a significant increase in value against the US Dollar as a result of positive data from the UK and disappointing US inflation numbers. This led to the GBP/USD pair trading...

USD/CAD has been trading within a tight range recently, reflecting the consolidation of the US Dollar Index and the potential rate differential between Canada and the US. The recent volatility in Canada's inflation and...

The US Dollar weakened last Friday due to a soft US NFP report that showed a cooling labor market. This led to an increase in the unemployment rate and a decrease in wage growth....

The inflation report that is highly anticipated is set to be released on Thursday and it may confirm the expectations for the Federal Reserve to reduce interest rates in the upcoming months. The report...

The Reserve Bank of New Zealand decided to keep its cash rate on hold at 5.5%, as most people expected. After the announcement, the NZD/USD dropped, hinting at a potential rate cut in the...