U.S. stock index futures advanced on Wednesday, with investors closely eyeing Federal Reserve Chair Jerome Powell’s upcoming address for insights into the central bank’s interest rate trajectory. Stock Futures PerformanceAs of 05:40 ET (10:40 GMT): Dow Jones Futures: Up 195 points (0.4%) S&P 500 Futures: Gained 13 points (0.2%) Nasdaq …

The US dollar strengthened on Wednesday, while the euro retreated ahead of a critical no-confidence vote in France that could potentially destabilize the already fragile coalition government. Dollar Rises on Safe-Haven Demand At 04:45 ET (09:45 GMT), the Dollar Index, which tracks the greenback against a basket of six major …

European equities opened Wednesday on a cautious note as investors awaited a decisive no-confidence vote in France’s Parliament, a move that could potentially unseat Prime Minister Michel Barnier’s government. Market Overview The pan-European STOXX 600 index edged up 0.1% by 0810 GMT, marking its fifth consecutive session of gains after …

Gold prices saw marginal gains during Asian trading hours on Wednesday as political turmoil in South Korea and escalating tensions in the Middle East boosted safe-haven demand. However, the strength of the U.S. dollar, fueled by uncertainty over the Federal Reserve’s interest rate outlook, capped any significant upward momentum for …

japanese-yen

Oil, Crude, trading

US crude oil futures displayed bullish attempts in the previous session, reaching a high of $70.20 per barrel. From a technical perspective, the outlook remains positive, supported by the bullish crossover of simple moving averages that align with the daily upward trajectory. Furthermore, the price stability above the key support …

Gold continues to exhibit sideways movement, with prices stabilizing above the support level at 2634 and below the pivotal resistance at 2658. From a technical perspective, the 4-hour chart reflects conflicting signals. The 50-day simple moving average exerts downward pressure, favoring a bearish trend, while the 14-day momentum indicator provides …

Narrow sideways trading dominates the movements of the euro against the US dollar, confined from below above 1.0480 and from above without resistance 1.0510. On the technical side today, and with a closer look at the 4-hour chart, we find that the simple moving averages still support the possibility of …

China has announced a ban on exporting minerals with potential military applications, including gallium, germanium, and antimony, to the United States. The move, effective immediately, comes a day after Washington imposed stricter measures targeting China’s chip sector, further intensifying trade tensions between the two global economic giants. Details of the …