The US dollar index bounced back on Friday from recent declines following comments from Federal Reserve officials on interest rates that supported the currency, while the dollar was at a fresh six-year high against the yen and the euro eased.St. Louis Federal Reserve President James Bullard called for a dramatic …
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US equities are higher for a fourth session, with the S&P 500 breaking to its highest levels since Russia invaded Ukraine. The index is trading in the 4430s, up 0.6% on the day and over 5.5% on the week. That would mark the best week of gains since November 2020.US …
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US equities traded in choppy, mixed fashion on the final trading day of what has been an indecisive week.The S&P 500 opened 0.5% higher following positive Putin commentary on Ukraine, but skeptical investors have since pared these gains.US equities traded in choppy, mixed fashion on the final trading day of …
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US equity indices have pulled back on Thursday as Wednesday’s exuberance is pared following limited progress in Russia/Ukraine talks.The S&P 500 fell 0.7% with traders also focused on another rise in the YoY rate of US CPI.US equity indices have broadly reversed lower on Thursday in tandem with their global …
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Improved market mood caused a jump off the lows, but it was short-lived, trading near the open of the session. The stock market was trying to rebound from its worst day of selling in months Tuesday even after President Joe Biden announced a ban on Russian oil. By afternoon, the …
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The S&P 500 fell back to test the 4300 level and was last trading down about 1.0% in the 4320 area having bounced ahead of weekly lows around 4280. The drop reflected a broad downturn in the major US indices, with the Dow last down 0.7% and the Nasdaq 100 …
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US equities staged a decent rebound on Wednesday, with the S&P 500 breaking above last week’s highs to test 4400. Markets took reassurance from the tone of Fed Chair Powell’s remarks at his testimony before the US Congress.US equities rose on Wednesday as traders digested remarks from Fed Chair Jerome …
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Friday’s trading session, so far, has witnessed risk appetite improved as European and US equities trade remain in the green territory, ahead of the weekend on a busy week in the financial markets. In the currencies’ space, risk-sensitive currencies led by the NZD and the AUD record gains, while safe-haven …
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As geopolitical tensions rise, the cryptocurrency’s price has fallen. Bitcoin has experienced a choppy week amid Russia’s Ukraine invasion. Observers suggest the cryptocurrency might not be the safe haven backers believe it to be.Some digital-asset investors have previously described bitcoin as “digital gold”, referring to the idea that the cryptocurrency …
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The US equities recovered from intra-day lows on Tuesday in wake of US President Joe Biden’s announcement of new sanctions targeting Russian banks, sovereign debt and wealthy individuals, joining the UK and EU who had already announced similar measures.After Biden’s remarks, where he urged that the door for diplomacy remains …
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