A wave of selling pressure in major technology stocks cast a shadow over the market at the start of a pivotal week, where a confluence of corporate earnings reports and crucial economic data loom large. Investors are keenly awaiting insights into how President Donald Trump’s ongoing trade war is impacting …
Read More »Gold Surges as Risk-Off Mood Grips Markets Ahead of Key US Data
Gold prices have reignited their upward trajectory, climbing 0.55% to $3,338 as risk-off sentiment sweeps financial markets. With the US Dollar and Treasury yields retreating, investors are flocking to the safe-haven metal amid trade war concerns and anticipation of pivotal US economic data. Here’s why gold is poised to test …
Read More »EUR/USD Outlook: Poised for Breakout Amid Trade Optimism and Key Data
The EUR/USD pair was holding steady earlier on Monday, at 1.1356, reflecting a cautious but optimistic market mood. The pair is trading at 1.1390, up 0.26%, at the time of writing. Hopes for a de-escalation in trade tensions have sparked renewed confidence, halting the US Dollar’s recent slide. With critical …
Read More »Pound Sterling Climbs Amid Trade War Tensions and BoE Rate Cut Expectations
The Pound Sterling (GBP) is riding a wave of strength, climbing to near 1.3390 against a cautious US Dollar as markets grapple with uncertainty surrounding US-China trade talks. Beijing’s firm denial of President Trump’s claims of ongoing trade discussions with China’s Xi has cast a shadow over global markets, contributing …
Read More »European Stocks Edge Higher as Tariff Hopes and Busy Earnings Week Lift Sentiment
European shares opened the week slightly higher on Monday, as investors weighed tentative signs of easing U.S.-China trade tensions and braced for a packed schedule of corporate earnings and key economic data. By 03:55 ET (07:55 GMT): The pan-European Stoxx 600 was up 0.3%. France’s CAC 40 climbed 0.5%. Germany’s …
Read More »Asian Stocks Mixed as Toyota Surges, U.S.-China Trade Uncertainty Lingers
Asian stock markets traded mixed on Monday, with Japanese shares outperforming following a surge in Toyota shares, while Chinese markets remained subdued amid persistent uncertainty over U.S.-China trade talks. Wall Street closed last week with gains across major indexes, but U.S. stock futures pointed lower during Asian hours as trade …
Read More »Bank of Japan Expected to Hold Rates Steady Amid Rising Global Trade Risks
The Bank of Japan (BOJ) is widely expected to leave interest rates unchanged at its policy meeting concluding on Thursday, while warning of mounting risks to the fragile Japanese economy stemming from U.S. tariff escalation. Governor Kazuo Ueda signaled last week in Washington that while the BOJ remains committed to …
Read More »Weekly market recap: China dictates market directions
US dollar managed to grasp confidence of investors gradually after positive developments of a potential trade deal between Washington and Beijing throughout last trading week. The possibility to de-escalate trade war between USA and China after increased US president Donald Trump said that the huge tariffs on China could be …
Read More »Wall Street Wins the Week Despite Trade Winds and Economic Concerns
A resilient Wall Street concluded a positive week, with gains fueled by the market’s heavyweight stocks, effectively overshadowing the mixed signals emanating from President Trump’s trade negotiations. The rally in these influential mega-cap companies propelled the S&P 500 past the 5,500 milestone, marking its longest streak of gains since the …
Read More »Bitcoin Consolidates Near $94,000 Amidst Strong Institutional Demand and Shifting Market Sentiment
Bitcoin’s price is currently consolidating around the $94,000 mark, with a 0.85% gain on Friday, maintaining the significant 10% gain it experienced earlier in the week. This upward momentum has been largely attributed to robust institutional demand, evidenced by substantial inflows into U.S. spot Bitcoin Exchange Traded Funds (ETFs). These …
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