Forex Market

European stocks saw a positive start to the trading session on Monday, fueled by more upbeat corporate results, although investor confidence faced headwinds from global economic considerations and reassessment of interest rate expectations. Market Overview STOXX 600 Index Rises 0.2 Percent The European STOXX 600 index demonstrated resilience, rising by …

On Monday, the US dollar surged to its highest level in eight weeks against major currencies as traders recalibrated their expectations for significant interest rate cuts by the Federal Reserve this year. The robust performance of the US economy, coupled with a stronger-than-expected jobs report, contributed to the dollar’s ascent. …

On Monday, Japan’s Nikkei index experienced a rise, propelled by the weakening yen and positive momentum from Wall Street over the weekend. The Nikkei climbed 0.54 percent, closing at 36,354.16 points. The broader Topix index also witnessed an increase of 0.67 percent. Market Dynamics and Stock Movement Support from Wall …

The past week proved to be a rollercoaster for global financial markets, dominated by pivotal events that shaped the economic landscape. From the Evergrande saga to pivotal interest rate decisions and robust US job data, here’s a comprehensive breakdown of the week that was. American Interest – The Fed’s Pause …

Gold is -0.85% down, trading around $2037 per ounce at the time of writing, obviously impacted by the rallying US dollar following surprise NFP reading on Friday.European equities gained after the US Nonfarm Payrolls reached a one-year high, pushing investors further away from rate cut expectations. The pan-European STOXX600 index …

The EUR/USD pair is losing important technical control after the US Jobs Report outperformed expectations, with US Nonfarm Payrolls reaching a one-year high and causing substantial upward revisions to earlier data points. The pair is trading at 1.0792, down -0.72% as of writing.The US economy continues to impress investors, with …

The DXY Index rallied by over 0.80% to 103.90 on Friday, with US Nonfarm Payrolls surpassing expectations for January. US bond yields are increasing as markets push towards May’s start of the easing cycle.Fed Chair Powell confirmed that a March rate cut is unlikely despite market speculation, and the bank …

The USD/JPY pair is climbing over 0.90% to 148.05 after a strong US jobs report and higher Treasury yields. January’s 353K job additions lessen Fed rate cut forecasts, indicating a tighter labour market.The US 10-year Treasury yield and Dollar Index signal robust confidence in the US economy. The pair is …

Consumer sentiment in the United States has hit its highest point since July 2021, with consumers anticipating increases in both inflation and personal income.According to the University of Michigan’s Surveys on Consumers, the index reached this level after a 13% month-over-month improvement in January, which was preceded by a 14% …

Analysis of Trade Minister’s Announcement on Economic Indicators Turkey’s Trade Minister, Omer Polat, announced on Friday that the country witnessed a substantial reduction in its trade deficit, marking a positive development for the nation’s economic indicators. According to Polat, the trade deficit shrank by 56.8 percent year-on-year, amounting to $6.17 …