US DOLLAR HOLDS STEADY AS FOCUS SHIFTS TO THE FED DECISION The US dollar was relatively unchanged against other currencies as investors reflected on the latest US inflation numbers and the flattening yield curve. Data published by the Bureau...
US DOLLAR HOLDS STEADY AS FOCUS SHIFTS TO THE FED DECISION The US dollar was relatively unchanged against other currencies as investors reflected on the latest US inflation numbers and the flattening yield curve. Data published by the Bureau...
EURO RETREATS AS FRANCE UNVEILS NEW COVID RESTRICTIONS The euro declined slightly on Tuesday after France announced a series of Covid restrictions. Some of these restrictions include shutting all bars for the next 30 days. Also, students will be...
DOW JONES AND CRUDE OIL REBOUND AS INVESTORS BUY THE DIP US stocks started the week well as investors remained optimistic about the Omicron variant. The blue-chip Dow Jones index rose by more than 600 points while the tech-heavy...
NZDUSD RETREATS EVEN AFTER A RELATIVELY HAWKISH RBNZ The euro was relatively unchanged after a coalition deal to form the next German government was reached. Olaf Scholz, the current finance minister, will become the next chancellor. The coalition will...
US DOLLAR INDEX SKYROCKETS FED TIGHTENING HOPES RISE The US dollar index surged to the highest level since July 2020 after strong economic data from the United States. This month, the US has published strong non-farm payrolls and inflation...
EUROPEAN STOCKS RETREAT AS US WARNS OF RUSSIA-UKRAINE CRISIS European stocks moved sideways as tensions between Russia and Ukraine rose. In Germany, the DAX index rose by about 15 points while in the UK, the FTSE 100 index declined...
CRUDE OIL PRICE HOLDS STEADY AS OPEC DOWNGRADES DEMAND ESTIMATES US equities remained relatively calm on Thursday as investors continued to reflect on rising inflation and supply challenges. The Dow Jones declined by about 70 points while the S&P...
DOW JONES PULLS BACK AFTER WEAK AMAZON AND APPLE EARNINGS Global stocks retreated on Friday as the market reacted to the relatively weak results by Amazon and Apple, two of the biggest companies in the world. Apple reported that...
DOW JONES FUTURES TILT HIGHER AHEAD OF KEY TECH EARNINGS US futures tilted higher in early trading as investors reflected on the ongoing earnings season. Data compiled by FactSet shows that 23% of companies in the S&P 500 index...
XAUUSD SPIKES AFTER FED HINTS OF TAPERING US stocks were little changed on Wednesday as the third-quarter earnings season started. Yesterday, companies like Blackrock, JP Morgan, and Delta Airlines published their earnings. Most of the companies these companies released...