Market Update

Amidst optimism sparked by Wall Street’s milestone achievement, European stocks surged on Monday, echoing the Standard & Poor’s 500 index’s historic close above the five-thousand-point mark for the first time. Investors turned their attention to a mix of corporate earnings and economic indicators, eagerly anticipating cues for potential interest rate …

Gold prices stabilized on Monday, experiencing modest trading activity as investors awaited statements from Federal Reserve officials and key economic data releases. Here’s a breakdown of the latest developments influencing the precious metal market: Stable Gold Prices Amid Holiday Period Gold settled in spot trading at $2,023.03 per ounce, showing …

In early Asian trading on Monday, oil prices saw a slight decline following Israel’s announcement of the cessation of strikes on the southern Gaza Strip, providing some relief from concerns about potential disruptions to supplies from the Middle East. Here’s a closer look at the key developments shaping oil markets: …

Due to the parity of factors that affected the trading environment over the preceding period, the price movement of practically all traded assets closed last week’s trading on the global financial markets with a moderate change.These factors started with investors’ focus on the statements and comments by Federal Reserve Chair, …

PepsiCo reported mixed quarterly results as North American demand for its food and drinks weakened. CEO Ramon Laguarta said that U.S. sales broadly slowed down in the fourth quarter, partly due to pricing and consumers’ disposable income situation. US consumers are also shifting their behavior from eating and drinking at …

The EUR/USD pair found some room higher but still lacks upside momentum. Final German HICP and CPI inflation brought no surprises.US CPI inflation, EU GDP figures slated for next week. The EUR/USD found some room on the high side on Friday, continuing a near-term recovery. However, the pair remains firmly …

Under pressure from high Treasury yields, gold fell on Friday and was on track for a weekly decline as investors anticipated US inflation data the next week for further hints about when the Fed will decrease interest rates.At 10:16 a.m. ET (15:16 GMT), spot gold was down 0.4% at $2,025.49 …

The S&P 500 opened at a new all-time high above 5,000, with the Technology Sector being the best-performing major sector. The S&P 500 index rose 0.33% to trade at 5,014.3, while the Dow Jones decreased 0.18% to 38,657.35. The Nasdaq gained 0.95% to trade at 15,944. Applied Materials Inc is …

The US Dollar is softer after weaker US CPI revisions, with the Dollar Index failing to close above the 100-day Simple Moving Average (SMA) and could slide back below 104. The S&P 500 briefly hit 5,000 after the opening of the trading session, with some risk on creeping in. The …

European stocks saw a mixed but generally positive start to Friday’s trading session, with notable performances in certain sectors offsetting broader market dynamics. Here’s a breakdown of the key movements and factors shaping the early market activity: Modest Rise in European STOXX 600 Index At the open, the European STOXX …