Global Stock Market

US shares are surging for the second successive day despite being during the US trading session. The major indices prepare to post solid gains in the week, within 4% to 6% range.The S&P 500 reclaimed the 3,800 mark; around 3,887.19 and is up by 2.74% in the day, while the …

The USD/CAD pair is dragged downwards during the American session as US stocks surge and crude oil price jumps. The pair dropped to 1.2899, hitting the lowest level in a week.The mixture of improved risk appetite, higher crude oil prices and a softer dollar do drag the pair downwards on …

New Home Sales in the US rebounded sharply in May. The data published by the US Census Bureau showed on Friday that New Home Sales in the US rose by 10.7% in May to a seasonally-adjusted rate of 696,000 following April’s shrinkage of 12% (revised from -16.6%). “The median sales …

Japanese stocks rose on Friday, with the technology sector leading the gains following big gains on Wall Street in the evening, and sentiment was supported by the Bank of Japan’s accommodative monetary policies. The Nikkei index rose 1.23 percent to 2,6419.97 points at the close. The index achieved a weekly …

US stocks indices recover some ground after registering minimal losses on Wednesday. The S&P Global PMIs indices missed expectations, dragging equities lower.US equities opened in the green territory as Wall Street began within familiar ranges, though S&P Global PMIs where the three indices missed expectations, stocks seesawed and pullback from …

Japanese stocks ended stable Thursday trading after a turbulent session in which investors were affected by recession fears. The Nikkei index rose 0.08 percent to 26,171.25 points at the close, continuing to trade higher than the psychological level at 26 thousand points, after falling to 25,520.23 points on Monday. The …

An early look at the state of the U.S. job market in June from payroll provider UKG suggests some strengthening, even as the Federal Reserve lifts interest rates sharply and economists raise alarms over the likelihood of a recession,” said Reuters late Wednesday.The news fails to gain any major reaction …

The Dow Jones rose 0.2% after falling more than 1% soon after the open. The S&P 500 climbed 0.5%. The Nasdaq composite jumped 1%.The Dow Jones turned higher Wednesday, with the S&P 500 and especially the Nasdaq composite leading the way. Federal Reserve chief Jerome Powell told Congress that policymakers …

Japan’s Nikkei gave up earlier gains to close lower on Wednesday as recession fears pushed US stock futures lower after big gains on Wall Street Tuesday night. The Nikkei index fell 0.37 percent to 26,149.55 points, after rising 0.82 percent, to reach its highest level in a week at 26,462.83 …

US Fed Chair Jerome Powell will testify before Congress. Powell’s awaited remarks will be out ahead of the event. Market players will be looking for hints on future quantitative tightening. Economic DataThe UK will release updates on inflation data on Wednesday.Other DevelopmentsCentral bankers keep hinting at aggressive measures. Bank of …