The total public debt of the United States has surpassed $34 trillion for the first time in history, according to the daily statement from the US Treasury Department. This announcement comes as Congress prepares for upcoming battles over federal funding. The total outstanding public debt reached $34.001 trillion, with the …
Read More »Gold prices rise as USD declines ahead of Fed
Gold prices saw a slight increase on Wednesday, supported by a weaker dollar and the market’s anticipation of key data releases, including the Federal Reserve meeting minutes and the private sector jobs report in the United States. These releases are crucial for gaining insights into potential changes in interest rates. …
Read More »European stocks are stable as investors await indicators on monetary policy
European stocks showed modest performance at the start of trading on Wednesday, with the momentum that drove the market higher at the end of the previous year starting to wane. Investors are eagerly awaiting key indicators that could shape global monetary policy. As of 08:10 GMT, the European STOXX 600 …
Read More »USD stabilizes as risk appetite declines
The dollar experienced a slight decline on Wednesday, despite remaining near its highest level in two weeks. This was supported by factors such as rising US Treasury yields and caution in risk appetite, impacting Wall Street. Trading activity was relatively thin in Asia due to the holiday in Japan. The …
Read More »Oil prices rise due to continued shipping tensions through the Red Sea
Oil prices experienced a slight increase in early Asian trading on Wednesday, driven by ongoing concerns about shipping disruptions in the Red Sea and escalating tensions in the Middle East. As of 0004 GMT, Brent crude rose by 26 cents, or 0.4 percent, reaching $76.11 per barrel, while US West …
Read More »Nasdaq records huge losses 3/1/2024
Oil, Crude, trading
Read More »Dow Jones attacks the resistance 3/1/2024
Oil, Crude, trading
Read More »CAD hits the desired target 3/1/2024
The Canadian dollar exhibited an upward trend, in line with expectations mentioned in the previous technical report, reaching the official target station at the price of 1.3320 and recording its highest level at 1.3340. From a technical analysis perspective today, upon closer examination of the 4-hour time frame chart, it …
Read More »USD/JPY is trying positively 3/1/2024
japanese-yen
Read More »GBP hits resistance 3/1/2024
Oil, Crude, trading
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