Market Update

The Biden and Trump teams are expected to engage in a long-distance economic showdown on Thursday, as both sides try to sell corporate America on their vision for 2025 and beyond. Treasury Secretary Janet Yellen will defend President Biden’s approach at the Economic Club of New York, where she will …

Political Uncertainty and Rising Dollar Pressure Euro The euro fell to a one-month low on Tuesday, weighed down by political concerns in Europe and the anticipation of key U.S. economic data and Federal Reserve interest rate projections. Investor fears surrounding the rise of eurosceptics in recent European elections and the …

Euro and Yen Weaken as Investors Brace for Key Economic Updates The U.S. dollar maintained its strength, hovering near a one-month high against the euro and reaching a one-week peak against the yen on Tuesday. This resilience comes as traders anxiously await crucial U.S. inflation data and the Federal Reserve’s …

Asian stock markets displayed a cautious sentiment on Tuesday as investors grappled with renewed political uncertainty in Europe. Gains by right-wing parties in recent elections and the prospect of a snap poll in France have raised concerns about the cohesion of the European Union. Key Market Movements: MSCI Asia-Pacific Index: …

Oil prices edged lower on Tuesday, as market participants adopted a cautious stance in anticipation of crucial U.S. inflation data and the outcome of the Federal Reserve’s policy meeting. These events are poised to offer valuable insights into the trajectory of inflation and its subsequent impact on fuel demand. Brent …

With political unpredictability engulfing Europe in the wake of the June 9 European Parliamentary elections, the US dollar gained momentum this week. The safe-haven dollar gained due to this risk aversion. The USD Index (DXY) surged above 1.05. It reached multi-week highs. Under pressure from the political concerns, the Euro …

Despite Monday’s strong US dollar, gold prices managed to recover some of the losses from last week, rising by more than 0.5%. Following Friday’s US Nonfarm Payrolls report, which showed a robust labour market with 272,000 jobs gained beyond estimates, gold is rising. On the other hand, future US inflation …

Financial markets were taken aback by French President Emmanuel Macron’s announcement to hold early elections, which has raised questions about his pro-business agenda and the country’s already precarious finances.Market reactions:Following the announcement of a sell-off of French assets on Monday, investors are requesting higher returns on French bonds than on …

Early French elections shake investors’ confidence in the economyFinancial markets were taken aback by French President Emmanuel Macron’s announcement to hold early elections, which has raised questions about his pro-business agenda and the country’s already precarious finances.Market reactions:Following the announcement of a sell-off of French assets on Monday, investors are …

The Dow was flat on Monday as investors remained cautious ahead of this week’s Federal Reserve meeting and a critical inflation data that could provide insight into the central bank’s policy-easing path. In contrast, the S&P 500 and the Nasdaq saw increases.The Nasdaq traded little higher as gains in firms …