U.S. stock index futures saw a slight decline on Wednesday, as investors took a pause after recent record highs and shifted their focus toward upcoming signals from the Federal Reserve on interest rate movements. As of 05:50 ET (09:50 GMT), Dow Jones Futures fell by 25 points, or 0.1%, while …
Read More »Dollar Drifts as Geopolitical and Policy Storm Clouds Gather
A week of potentially historic significance opens with the US Dollar easing, as markets brace for a …
Consumer Caution: Retail Sales Underwhelm Amid Economic Uncertainty
A note of caution has sounded within the US economy as retail sales for February fell short of expec…
U.S. Stock Futures Decline Amid Trade Tariff Uncertainty
U.S. stock index futures dropped on Monday as investor concerns grew over the potential economic imp…
Oil Prices Rise Amid U.S. Strikes on Houthis and Strong Chinese Data
Oil prices traded higher on Monday as the U.S. vowed continued strikes on Yemen’s Houthis, while Chi…
European Stocks Gain Amid German Debt Deal, U.S.-EU Trade War Looms
European stock markets edged higher on Monday, supported by optimism over a historic German debt dea…
Gold Prices Dip After Record Surge, Market Eyes Tariffs & Economic Risks
Gold prices edged lower in Asian trade on Monday, following a record-breaking rally, as investors ba…
Bitcoin Drops as Traders Brace for Federal Reserve Decision
Bitcoin (BTC) fell on Monday, extending its weekly decline as investors remained cautious ahead of t…
Mark Carney Takes the Helm: Canada’s New PM Faces Trump and Global Trade Challenges
Newly-appointed Canadian Prime Minister Mark Carney officially assumed office on Friday morning, suc…
Oil Gains Amidst Geopolitical Tempest and Shifting Demand Forecasts
Despite a week dominated by fluctuating geopolitical tensions and evolving economic forecasts, oil p…
Fresh Deadline Drama: Senate Poised to Avert Shutdown
Funding Bill on the Brink of PassageThe Senate is set for a pivotal test vote this afternoon on the …
Market Analysis
September, 2024
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25 September 2024 2:36 pm
U.S. Stock Index Futures Edge Lower as Investors Eye Federal Reserve Updates
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25 September 2024 12:07 pm
European Shares Dip as China’s Stimulus Rally Fades; Tech and Oil Stocks Weigh
European shares opened lower on Wednesday as the rally fueled by China’s recent stimulus package lost momentum. A pullback in technology and oil stocks added to the losses, reflecting the cautious mood among investors. The pan-European STOXX 600 index dropped by 0.3% to 518.06 by 0712 GMT, reversing some of …
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25 September 2024 11:23 am
Oil Prices Slip Amid Concerns Over China’s Stimulus Impact and Broader Economic Worries
Oil prices dipped on Wednesday as investors reassessed the potential impact of China’s recent stimulus measures on its economy and questioned whether these steps would be sufficient to drive significant fuel demand growth in the world’s largest crude importer. By 0415 GMT, Brent crude futures fell by 17 cents, or …
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25 September 2024 10:11 am
Bitcoin Nears Key Breakout as Global Monetary Easing Boosts Risk Appetite
Bitcoin’s price surged on Wednesday, driven by a wave of global monetary easing that funneled more investments into risk-driven assets. The world’s largest cryptocurrency is now eyeing a major breakout, supported by recent stimulus measures from China and expectations of interest rate cuts from both the Swiss and Swedish central …
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25 September 2024 9:30 am
Asian Stocks Rise as Chinese Stimulus Sparks Optimism
Most Asian stock markets experienced gains on Wednesday, buoyed by a series of new stimulus measures unveiled by Beijing aimed at bolstering economic growth. The positive momentum from Wall Street, where technology stocks drove the S&P 500 and the Dow Jones Industrial Average to record highs, also contributed to the …
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25 September 2024 12:58 am
Market Drivers; US Session, September 24, 2024
The global financial markets experienced a significant surge on Tuesday, buoyed by China’s aggressive stimulus measures and continued interest rate cuts by the Federal Reserve. The S&P 500 and Dow Jones Industrial Average both reached new all-time highs, while Chinese stocks soared in response to the economic stimulus.Key Drivers of …
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25 September 2024 12:46 am
Stock Market Higher on China’s Stimulus, Fed Rate Cuts
The US stock market continued its upward trajectory, with both the S&P 500 and Dow Jones Industrial Average hitting fresh record highs on Tuesday. This surge was primarily driven by China’s aggressive stimulus measures and ongoing Federal Reserve rate cuts.China’s Stimulus Ignites Global Markets:China’s announcement of a significant stimulus package, …
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25 September 2024 12:19 am
XAU hits a record high as US consumer confidence declines
Amidst a decline in US consumer confidence and a falling US dollar, gold reaches a new all-time high of $2,655, with XAU/USD trading at $2,651. Fed Governor Michelle Bowman suggests reducing interest rates gradually. Middle East geopolitical unrest also increases demand for gold as a safe haven, pushing the price …
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24 September 2024 11:46 pm
China Launches Stimulus to Bolster Flagging Economy
China’s People’s Bank of China (PBOC) Governor Pan Gongsheng has announced plans to lower borrowing costs and allow banks to increase lending, following disappointing data that has raised expectations that the world’s second-largest economy will miss its 5% growth target this year. The move comes after a series of disappointing …
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24 September 2024 9:16 pm
Macklem: BoC looks for continued easing of inflation to 2%
Bank of Canada (BoC) Governor Tiff Macklem noted early Tuesday that the BoC will continue to carefully watch consumer conditions in Canada, reiterating that the BoC’s timing and pace of rate cuts will be dependent on data.Key highlightsWith continued progress we’ve seen on inflation, it is reasonable to expect further …
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24 September 2024 8:27 pm
US Dollar Weakened Following Soft Economic Data
The US Dollar experienced a decline in recent trading sessions, primarily driven by weaker-than-expected economic data. The release of the Consumer Confidence and Richmond Fed Manufacturing Index for September both fell below market expectations, suggesting a potential for more aggressive interest rate cuts by the Federal Reserve in the coming …
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24 September 2024 7:09 pm
The Euro’s Resurgence Reflects Shifting Landscape for Global Currencies
The Euro has witnessed a remarkable resurgence in recent weeks, buoyed by increasing expectations that the Federal Reserve (Fed) will significantly cut interest rates in the coming months. This shift in sentiment has been driven by a confluence of factors, including weakening economic indicators in both the US and Eurozone, …
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24 September 2024 2:49 pm
German Business Morale Dips, Signaling Possible Recession
German business sentiment took another hit in September, falling for the fourth consecutive month, according to a recent survey released on Tuesday. This dip adds to growing concerns that Europe’s largest economy may have slipped into recession. The Ifo Institute’s business climate index, a widely watched gauge of business morale, …
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