The US Dollar staged a partial recovery on Thursday, regaining some ground after a week of losses. Market participants continued to closely monitor headlines and assess the potential impact of recent policy shifts.US Dollar Index (DXY)The DXY attempted to regain strength, but a decisive move above the 108.00 level remained …

The Dow Jones Industrial Average continued its upward trajectory on Wednesday, gaining approximately 100 points and inching closer to the 44,200 mark. This bullish momentum appears to be driven more by a lack of negative catalysts than by any significant positive drivers.The recent campaign trail filled with frequent threats of …

Procter & Gamble (P&G) reported robust second-quarter earnings and revenue, exceeding Wall Street’s expectations. The company attributed this success to improved sales performance in key markets like the United States and China.P&G’s net income for the quarter reached $4.63 billion, translating to $1.88 per share, a significant increase from the …

Bitcoin spot exchange-traded funds (ETFs) have witnessed a surge in investor interest, recording inflows exceeding $3 billion over the past four days. This has pushed the total net asset value of all bitcoin ETFs to $123.59 billion. Blackrock’s IBIT Leads the Charge Blackrock’s IBIT ETF emerged as the top recipient …

Gold Gains Momentum Amidst Trade Tensions Overnight remarks from President Trump regarding incoming tariffs have been sufficient to drive gold prices higher. As the focus of tariffs shifts towards China and Europe, gold has shown strength for the third consecutive day. Trading at a new two-month high, gold is setting …

Lagarde Commitment to Easing Monetary PolicyThe European Central Bank (ECB) is steadfast in its approach to interest rate cuts, maintaining a measured strategy to ease monetary policy, as stated by President Christine Lagarde. The ECB anticipates that inflation will sustainably reach its 2% target within the year, despite concerns about …

Gold prices climbed to two-month highs, surpassing $2,740 per ounce troy, driven by heightened uncertainty surrounding potential policy announcements. 1 Silver prices also gained momentum, trading closer to the $31.00 mark per ounce. WTI crude oil prices extended their decline, approaching the $75.00 per barrel mark, driven by the stronger …

The US dollar has fallen sharply against major currencies following reports that the incoming Trump Administration might implement fewer significant tariffs than previously expected. Instead, it might seek more limited and targeted tariffs. During the election campaign, across-the-board tariffs of 10% to 20% were proposed on all imports. However, some …

Traders are reacting to recent pronouncements regarding tariffs, overshadowing an improved investor sentiment in equities. The Federal Reserve’s data-dependent approach remains in place, with the market anticipating a possible rate cut in June.Bond yields are hovering near 4.60%, a significant decline from last week’s highs, reflecting shifting risk appetite. The …

US equities experienced a significant rally today, with major indices reaching multi-week highs. This bullish sentiment stems from a combination of factors, primarily the temporary easing of trade tensions and a decline in Treasury yields.Easing Tariff Concerns:The market experienced a wave of relief following the President’s decision not to immediately …