GBPUSD SELL-OFF ACCELERATES AHEAD OF US NFP DATA The British pound declined sharply on Thursday and early Friday as investors reacted to the surprise outcome of the Bank of England (BOE) decision. In the statement, the Federal Reserve announced...
GBPUSD SELL-OFF ACCELERATES AHEAD OF US NFP DATA The British pound declined sharply on Thursday and early Friday as investors reacted to the surprise outcome of the Bank of England (BOE) decision. In the statement, the Federal Reserve announced...
S&P 500 WAVERS AS CORPORATE DEALMAKING CONTINUE American stocks wavered as investors waited for the upcoming interest rate decision by the Federal Reserve. The Dow Jones rose by 50 points while the S&P 500 and Nasdaq 100 indices declined...
S&P 500 HOLDS STEADY AFTER STRONG MICROSOFT AND ALPHABET EARNINGS US stocks rose in the futures market as investors reflected on the strong quarterly results by Alphabet and Microsoft. Microsoft’s revenue jumped to more than $45.3 billion in the...
CANADIAN DOLLAR RETREATS AHEAD OF THE BOC INTEREST RATE DECISION The relentless rally of US equities continued in the overnight session as investors remained optimistic about the earnings season. The S&P 500 soared to a record high of $4,570...
DOW JONES SOARS AFTER STRONG RESULTS FROM KEY CORPORATE GIANTS US stocks rose on Wednesday as investors reflected on strong quarterly results by some of the biggest American companies. Some of the firms that released strong results this week...
GBPUSD HOLDS STEADY AHEAD OF UK INFLATION DATA The AUDUSD pair soared to the highest level in more than two months as economists cast doubt on the Reserve Bank of Australia (RBA) rate hike target. The minutes of the...
USDJPY BULLISH MOMENTUM GAINS STEAM AFTER NFP DATA US stock futures were little changed in early trading as investors wait for the upcoming earnings season that kicks off this week. Companies that will publish their results this week include...
ETHUSD FORMS A RISING WEDGE PATTERN, SIGNALLING A POTENTIAL RETREAT Global stocks were little changed on Friday as investors reacted to the breakthrough in the US Senate that prevented the country from running out of money in the coming...
GLOBAL STOCKS REBOUND AS EVERGRANDE RISKS EASE Global stocks jumped sharply as investors assessed the ongoing contagion risks brought about by Evergrande, the second-biggest real estate developer in China. In the United States, futures linked to the Dow Jones...
CRUDE OIL PRICE SPIKES AS DEMAND HOPES RISE American stocks rebounded cautiously on Wednesday as the market tried to assess the strength of the American economy. The Dow Jones added 255 points while the S&P 500 and Nasdaq 100...