Market Update

The U.S. dollar continued its upward trajectory on Tuesday, bolstered by rising U.S. Treasury yields, while putting pressure on low-yielding currencies like the Chinese yuan and the Japanese yen, which plunged to its weakest level against the dollar since 1986. Dollar Strength Driven by Rising U.S. Yields Benchmark 10-year Treasury …

European stocks experienced a decline on Tuesday, reaching a two-week low as the initial relief rally following the first round of French parliamentary elections subsided. Investors now await crucial euro zone inflation data for June, which could provide insights into the future path of interest rates. Market Performance The pan-European …

Mohammed Hashad, Head of Research and Development at Noor Capital and a distinguished member of the US Association of Technical Analysts, provided insightful commentary and thorough analysis on the latest market dynamics and key asset performances in an exclusive interview with Dubai TV.  Let’s start with the United States. How …

Asian stocks experienced a subdued trading session on Tuesday, as investors remained cautious ahead of a speech by Federal Reserve Chair Jerome Powell, which could offer insights into the future trajectory of U.S. interest rates. Powell’s Speech and Interest Rate Outlook Regional markets were influenced by a slightly positive overnight …

Before Fed Chair Powell and ECB President Christine Lagarde speak on Tuesday, the US dollar recovered from a negative start to the week amid growing prudence and a generalized desire for risk.CurrenciesAfter losing two straight sessions, the USD Index (DXY) turned its attention back to the crucial 106.00 level. J. …

The far-right in France is on the rise, according to the results of Sunday’s early elections. Marine Le Pen, the National Rally Party’s initial opponent of French President Emmanuel Macron in the previous presidential election, is leading this movement. Without a doubt, the success of this political movement would give …

The US dollar and Treasury yields continue to rise without affecting the value of gold. Mixed data on US manufacturing: For the third straight month, the S&P PMI rises while the ISM PMI falls. The US 10-year Treasury yield rises by about 9 basis points to 4.489%, supporting the dollar’s …

Tesla stocks have been on the comeback trail recently, and that continued on the first trading day of July. Shares of the leading electric vehicle maker were higher by 5.5% on Monday morning. The stock is now up by about 18% over the past month.Today’s leap comes just one day …

Since the start of daily trading on Monday, US bond rates have risen due to a number of very helpful variables, including seasonal and political factors as well as economic and political considerations that contributed to generating the momentum of the current rise in those yields.Ten-year US Treasury bond yields …

Since the start of daily trading, the Euro has risen due to changes in French politics that have sparked conjecture about the potential that the European economy would escape the control of the country’s far-right faction. From the previous daily close of 1.0711, the EUR/USD pair increased to 1.0725. The …