Market Update

U.S. stock futures hovered near the flatline on Tuesday, as investors awaited key inflation data and deliberated over the potential size of Federal Reserve interest rate cuts. By 07:00 ET (11:00 GMT), Dow and S&P 500 futures were largely unchanged, while Nasdaq 100 futures dipped 29 points (0.2%). On Monday, …

Bitcoin’s price rose by 3.4% on Tuesday, reaching $56,715.3 at 01:16 ET (05:16 GMT), as bargain hunters moved into cryptocurrency markets after last week’s steep losses. However, the rebound was restrained by caution ahead of key U.S. inflation data expected this week, with ongoing capital outflows indicating that overall market …

Oil prices edged down on Tuesday, as concerns over weak Chinese demand outweighed supply disruptions caused by Tropical Storm Francine and continued global oversupply risks. Brent crude futures dipped by 4 cents, or 0.06%, to $72.80 per barrel, while U.S. West Texas Intermediate (WTI) crude futures fell by 10 cents, …

European shares remained flat on Tuesday, stabilizing after a 1% jump in the previous session, as investors digested a mix of economic data while anticipating a widely expected interest rate cut from the European Central Bank (ECB) later in the week. The pan-European STOXX 600 index held steady at 510.40 …

In an interview conducted by Kuwait Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. How do we understand the reaction of U.S. indices after the …

Dubai TV interviewed Mohammed Hashad, Head of Research and Development at Noor Capital and a member of the American Society of Technical Analysts. Let’s start with the U.S. labor market data, which came in mixed. How did the markets interpret it, and how did it reflect on the movement of …

Gold prices edged lower in Asian trade on Tuesday, as traders awaited crucial U.S. inflation data to gauge the Federal Reserve’s stance on potential interest rate cuts. Spot gold dipped 0.1% to $2,502.07 an ounce, while December gold futures also fell 0.1% to $2,531.0 an ounce. Despite the slight decline, …

The US Dollar continued its upward trajectory on Monday, buoyed by expectations of a potential slowdown in inflation. This positive sentiment follows the mixed labor market data released last week, which suggested that the Federal Reserve might be less aggressive in cutting interest rates.Inflationary pressures have been a key driver …

The US Dollar continued its upward trajectory on Monday, despite a general decline in US Treasury yields. This positive sentiment reflects steady expectations that the Federal Reserve will implement a rate cut at its upcoming meeting.The US Dollar Index (DXY) reached its highest level in three days, approaching 101.80. Investors …

Oracle Corporation’s stock soared after the company delivered impressive financial results for its fiscal first quarter. The database software giant exceeded analyst expectations on both earnings and revenue, signaling robust growth in its cloud services and license support business.Oracle’s impressive financial results and strategic moves have positioned it as a …