U.S. consumer sentiment hit its highest point in five months in July, rising to 61.8, up from 60.7 in May. However, the reading remains well below its historical average, reflecting ongoing concerns surrounding the impact of U.S. tariffs. Consumer Sentiment Index and Inflation Expectations The University of Michigan’s consumer sentiment …

U.S. stocks saw a slight rise on Friday as investors digested positive second-quarter earnings reports and signs of a resilient economy, despite lingering tariff uncertainties. By 09:32 ET (13:32 GMT), the Dow Jones Industrial Average gained 85 points or 0.2%, the S&P 500 index rose 12 points or 0.2%, and …

U.S. stocks saw a slight rise on Friday as investors digested positive second-quarter earnings reports and signs of a resilient economy, despite lingering tariff uncertainties. By 09:32 ET (13:32 GMT), the Dow Jones Industrial Average gained 85 points or 0.2%, the S&P 500 index rose 12 points or 0.2%, and …

Oil prices saw a notable increase on Friday, extending the sharp gains from the previous session, driven by drone attacks on Iraqi oil fields and fresh sanctions from the European Union (EU) on Russia. As of 08:10 ET (12:10 GMT), Brent Oil Futures for September delivery rose 1.6% to $70.60 …

Bitcoin surged above $120,000 in Asian trade on Friday, continuing its impressive rally and heading for its fourth consecutive weekly gain. The latest push was driven by optimism surrounding U.S. cryptocurrency legislation, with the U.S. House of Representatives clearing three bills aimed at establishing a clearer regulatory framework for digital …

European stocks rose on Friday, buoyed by a positive overnight performance on Wall Street, as investors digested a wave of favorable quarterly earnings reports. The DAX index in Germany climbed 0.5%, the CAC 40 in France gained 0.6%, and the FTSE 100 in the UK rose 0.2% at 03:05 ET …

The U.S. dollar continues to show strength, rising for the second consecutive week, supported by robust U.S. economic data. Despite a 0.4% dip on Friday to 98.100, the dollar is poised for a weekly gain of 0.7%, continuing its bullish momentum from last week’s 1% rise. The positive economic outlook …

DowJones

The Canadian dollar continued its upward trajectory, achieving the expected positive targets outlined in the previous technical report. The pair reached the 1.3770 target and extended to a new high of 1.3774. Technical Outlook – 4-Hour Timeframe: Price action reflects ongoing bullish momentum, supported by the pair’s stability above the …

Oil, Crude, trading