Market Update

U.S. equity futures fell on Tuesday as investors returned from the Labor Day weekend with a cautious outlook, focusing on the upcoming labor market data. By 05:40 EST (09:40 GMT), the Dow Jones Industrial Average futures were down 185 points, or 0.5%, the S&P 500 futures dropped 28 points, or …

Bitcoin’s price saw a notable increase on Tuesday, recovering from previous declines as investors awaited significant economic data this week. By 04:37 ET (08:37 GMT), Bitcoin had risen by 2.5% to $58,999.7, following relatively low trading volumes on Monday due to the U.S. Labor Day holiday. The world’s largest cryptocurrency …

European stocks showed mixed performance on Tuesday as investors treaded cautiously ahead of a slew of economic data, including the crucial U.S. jobs report due on Friday. While the pan-European STOXX 600 index remained flat, German stocks reached an all-time high, buoyed by easing inflation and positive sentiment surrounding interest …

The U.S. dollar inched higher on Tuesday, holding close to a two-week high as investors prepared for a series of significant economic data releases this week, including Friday’s U.S. payrolls report. These data points are expected to influence the size of an anticipated interest rate cut by the Federal Reserve. …

U.S. crude oil futures declined on Tuesday, extending the recent trend of losses that have persisted for three consecutive weeks. The market remains under pressure due to concerns over a potential slowdown in demand from China, a major importer, and the possibility of increased supply from leading global producers. Market …

As the financial markets navigate the post-Labor Day landscape, the upcoming economic data releases from the United States will be a key determinant of market direction. Investors should closely monitor these reports for insights into the health of the US economy and the potential implications for monetary policy.A Data-Driven Week …

Interviewed by Dubai TV, Chief Market Strategist at Noor Capital, Mohammed Hashad shed light on the most important developments and market movements, especially the American stock market, which is achieving remarkable gains. US Stock Market Regarding the reasons behind the recovery of the American market, Hashad pointed out that the …

As markets take first steps into September 2024, a month historically known for its volatility, investors are bracing for potential challenges. Despite recent record highs, the global equity market faces a confluence of factors that could disrupt its upward trajectory.As we navigate the complexities of the global market, it is …

The European Central Bank (ECB) is grappling with a growing divide among policymakers regarding the economic outlook. While some fear a looming recession, others remain concerned about persistent inflation pressures. This divergence is likely to shape the rate cut debate for months to come, as the eurozone economy navigates a …

The EUR/GBP currency pair has been experiencing a period of volatility. While the euro has shown signs of strength against other currencies, its position against the pound sterling has been somewhat subdued. This article will delve into the technical indicators and market dynamics that are influencing the EUR/GBP exchange rate.The …