U.S. stocks saw a slight rise on Friday as investors digested positive second-quarter earnings reports and signs of a resilient economy, despite lingering tariff uncertainties. By 09:32 ET (13:32 GMT), the Dow Jones Industrial Average gained 85 points or 0.2%, the S&P 500 index rose 12 points or 0.2%, and …
Read More »U.S. Stocks Edge Higher Amid Strong Earnings and Economic Resilience
U.S. stocks saw a slight rise on Friday as investors digested positive second-quarter earnings reports and signs of a resilient economy, despite lingering tariff uncertainties. By 09:32 ET (13:32 GMT), the Dow Jones Industrial Average gained 85 points or 0.2%, the S&P 500 index rose 12 points or 0.2%, and …
Read More »Oil Prices Surge Amid Drone Attacks and New EU Sanctions on Russia
Oil prices saw a notable increase on Friday, extending the sharp gains from the previous session, driven by drone attacks on Iraqi oil fields and fresh sanctions from the European Union (EU) on Russia. As of 08:10 ET (12:10 GMT), Brent Oil Futures for September delivery rose 1.6% to $70.60 …
Read More »Bitcoin Reaches $120,000 as U.S. House Passes Landmark Crypto Bills
Bitcoin surged above $120,000 in Asian trade on Friday, continuing its impressive rally and heading for its fourth consecutive weekly gain. The latest push was driven by optimism surrounding U.S. cryptocurrency legislation, with the U.S. House of Representatives clearing three bills aimed at establishing a clearer regulatory framework for digital …
Read More »European Stocks Rise Amid Strong Earnings and Positive Wall Street Lead
European stocks rose on Friday, buoyed by a positive overnight performance on Wall Street, as investors digested a wave of favorable quarterly earnings reports. The DAX index in Germany climbed 0.5%, the CAC 40 in France gained 0.6%, and the FTSE 100 in the UK rose 0.2% at 03:05 ET …
Read More »U.S. Dollar Strengthens Amid Solid Economic Data, While Euro and Pound Struggle
The U.S. dollar continues to show strength, rising for the second consecutive week, supported by robust U.S. economic data. Despite a 0.4% dip on Friday to 98.100, the dollar is poised for a weekly gain of 0.7%, continuing its bullish momentum from last week’s 1% rise. The positive economic outlook …
Read More »Euro Falls as Italy Calls for Further Rate Cuts Amidst Strong Dollar
The Euro experienced a notable drop against the US Dollar on Thursday, July 17, 2025. This decline was primarily driven by a strengthening US Dollar, which benefited from increasing expectations that the Federal Reserve will maintain its current interest rates. The EUR/USD pair fell to 1.1595 from its previous daily …
Read More »Daily Earnings Recap: Tech Triumphs and Consumer Resilience Drive Strong Earnings, Financial Giants on Deck
The close of trading on Thursday, July 17, 2025, brought a flurry of significant earnings reports, setting the stage for another pivotal day as key financial and industrial players prepare to release their results on Friday, July 18, 2025. This recap sheds light on the performances that shaped yesterday’s market …
Read More »Can US Stocks Sustain Gains After Strong Retail Data?
The Dow Jones Industrial Average climbed higher on Thursday, buoyed by June Retail Sales surpassing forecasts, as stocks work to recover recent setbacks amid economic and political uncertainties. With consumer sentiment data due Friday, the market faces a pivotal moment—can this upward trend hold, or will pressures resurface?Retail Strength Sparks …
Read More »Market Drivers – US Session: Yen in Focus As Markets Brace for Inflation Data and Elections
The US Dollar regained momentum on Thursday, reversing a prior dip as investors digested upbeat US data while monitoring trade developments and central bank tensions. With a packed Friday agenda, July 18, the market stands at a crossroads—can the Dollar’s strength persist, or will new data shift the tide?US Dollar …
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