Market Update

The Nikkei index fell eight points to close at 29,098.24 points, maintaining most of the gains it made in the past days, which amounted to about 500 points. The index had fallen earlier today to 28,870.25 points. But the broader Topix index fell 0.23 percent to 2013.81 points. In a …

The Nikkei index recovered its previous losses to end the day unchanged, as strong results for companies supported the market, despite the effect of the state of caution and anticipation ahead of the parliamentary elections at the weekend. The Nikkei index fell eight points to close at 29,098.24 points, maintaining …

Oil, Crude, trading

Investors await fiscal policy announcement, Wednesday, for clues that Canada’s central bank is turning more hawkish. Led by Governor Tiff Macklem, the Bank of Canada is expected on Wednesday to raise its inflation forecast and to largely end stimulus related bond buying program, starting a countdown of sorts to the …

WTI US crude oil rises during the New York session, trading at $84.30. The market sentiment has remained positive as U. S. shares are supported by U. S. Q3 solid corporate earnings, which helped ease investors’ nervousness around high inflation and central bank monetary policy tightening.In the meantime, the US …

Energy is currently the number one ranked U.S. sector in terms of risk adjustments due to steep rise that has occurred over September. Investors should be weary of the energy sector because although it is ranked first, it is highly volatile when it comes to investing in securities that experience …

Bitcoin traded within a significantly tight range on Tuesday as extreme bullish sentiment appears to retreat. The cryptocurrency was trading at around $62,000 is roughly flat over the past 24 hours.The Bitcoin Fear & Greed Index is starting to decline from its highest level in more than seven months, and …

Americans welcome winter weather as temperatures drop, but the market is getting warmer and even hotter. The U. S. economy is boomed after the Delta wave had caused considerable recovery slowdown in August and September. October is witnessing progress on multiple fronts recording overall gains.Americans are spending more. Several signs …

The U. S. dollar ended the trading session with mixed performance. It is particularly stronger against European rivals. EUR/USD pair is down to the lower end of its weekly range, trading in the 1.1590 price zone.GBP/USD settled around 1.3760. The pair received additional pressure from comments by European Commissioner for …

The U.S. Treasury yields were mixed on Tuesday as investors prepared to filter through a myriad of economic data releases ahead of next week’s Federal Reserve meeting. Yields on 2 to 7 year debt out recorded higher performance, meanwhile the 10-year yield swung between advances and declines and the 30-year …