US STOCK FUTURES RISE ON EXPECTATION OF FED RATE CUTS American futures rose on Monday as investors waited for important earnings by top American companies. Some of the top companies that will publish their results this week are Apple,...
US STOCK FUTURES RISE ON EXPECTATION OF FED RATE CUTS American futures rose on Monday as investors waited for important earnings by top American companies. Some of the top companies that will publish their results this week are Apple,...
EURUSD STILL RANGING AHEAD OF ECB DECISION AND EU GDP DATA American stocks pared earlier losses on Tuesday as investors continued worrying about inflation and margins among companies. The rising cost of doing business and the logistics challenges have...
USDJPY SOARS TO 20-YEAR HIGH AMID FED AND BOJ DIVERGENCE The Australian dollar moved sideways on Tuesday even after the Reserve Bank of Australia (RBA) caught investors off-guard with a bigger hike than expected. The bank hiked interest rates...
US EQUITIES RALLY FADES AS CRUDE OIL GAINS MOMENTUM US equities declined on Tuesday as investors reacted to the new European sanctions on Russia and the likelihood of higher inflation. The Dow Jones and Nasdaq 100 indices declined by...
GLOBAL STOCKS BOUNCE BACK AFTER CHINA’S NEW STIMULUS UK stocks and the British pound rose on Friday after the surprisingly positive economic data from the country. According to the Office of National Statistics, the country’s retail sales rose by...
US FUTURES RETREAT AS CHINESE ECONOMY DETERIORATES US stock futures declined over investors’ concerns of the latest China economic data. Dow Jones futures declined by 50 points while the Nasdaq fell by more than 80 points. Data published by...
EURO MOVES SIDEWAYS AS LAGARDE POINTS TO JULY RATE HIKE Cryptocurrency prices stabilized slightly even as one of the biggest coins in the industry collapsed. Bitcoin stabilized slightly above $30,000 while Ethereum is still above $2,300. LUNA, the native...
DAX, CAC 40, AND NASDAQ 100 SELL-OFF ACCELERATES Global stocks continued their sell-off on Monday as worries of the Federal Reserve continued. In the United States, futures tied to the Dow Jones, Nasdaq 100, and S&P 500 indices have...
USDJPY SPIKES TO MULTI-DECADE HIGH AFTER BOJ DECISION The Japanese yen crashed to the lowest level in more than 20 years as investors reacted to the latest interest rate decision by the Bank of Japan. The bank decided to...
GLOBAL STOCKS RISE AHEAD OF ALPHABET AND MICROSOFT EARNINGS Global stocks turned green on Tuesday as companies continued publishing their quarterly results. Most of these results were better than estimated. For example, Raytheon said that its earnings per share...