Asian Stocks Rise as Fed Rate Cut Hopes Fuel Global Market Rally Asian stocks climbed, buoyed by optimism that the Federal Reserve is nearing a decision to cut interest rates. The MSCI ACWI Index marked its longest run of gains since December, with Japan, South Korea, and Australia leading the advances, while Chinese shares dipped. […]

Asian Stocks Rally on Hopes of Lower US Rates, Hong Kong Tech Shares Lead Gains Global markets started the week on a cautious note after last week’s strong rally, as investors anticipate a softer landing for the U.S. economy, with growth expected to continue at a 2%-3% pace. U.S. futures showed slight gains, while Japan’s […]

US Stocks and Yields Surge as Inflation Cools and Retail Sales Exceed Expectations US benchmark equity indexes and Treasury yields surged on Thursday as investors evaluated the latest economic data and corporate earnings reports. The gains were led by consumer discretionary and technology sectors, while real estate was the only sector to decline. Utilities remained […]

Markets Eye U.S. Retail Sales and UK GDP as Rate Cut Speculation Intensifies Amid Weaker Dollar This week underscores the market’s intense focus on economic data, with investors closely watching U.S. retail sales and UK GDP figures due on Thursday for clues on the pace of potential rate cuts by the Federal Reserve and Bank […]

Tech Stocks Surge as Investors Await Key Inflation Report; Starbucks Soars on Leadership Change U.S. stock futures remained steady on Wednesday as investors awaited the much-anticipated July consumer inflation report, hoping to see further evidence that inflation is cooling. On Tuesday, the Dow and S&P 500 saw gains of 1.04% and 1.69%, respectively, while the […]

Markets Stabilize After Volatile Week Amid Fed Rate Cut Hopes and Middle East Tensions Global equities ended a volatile week unchanged, recovering from an early sell-off as confidence grew that inflation is cooling, which could lead to Federal Reserve rate cuts. On Wall Street, major indexes rebounded from a sharp Monday drop, though they remained […]

Gold Prices Dip to $2,420 Amid Geopolitical Tensions Gold prices eased to around $2,420 per ounce on Friday, following a nearly 2% rise in the previous session. Despite the dip, the metal continues to be supported by ongoing geopolitical tensions and expectations of a potential Federal Reserve rate cut. Escalating conflicts, including anticipated retaliatory strikes […]

OIL HOLDS RECOVERY RALLY AS MARKET WAITS FOR IRAN RETALIATION Oil steadied after its biggest advance in a week, with the market on edge over a possible retaliatory strike by Iran on Israel as payback for assassinations of Hamas and Hezbollah leaders. Brent futures traded near $79 a barrel after rising 2.4% on Wednesday, while […]

Support Level: 1.0830 – 1.0730 – 1.0630 Resistance Level: 1.0940 – 1.1010 – 1.1100 EUR/USD At the start of the new trading week, the Euro manages to bounce off earlier lows and encourages EUR/USD to retake the 1.0900 yardstick and above as markets in the old continent draw to a close on Monday. Meanwhile, the […]

Support Level: 1.0830 – 1.0730 – 1.0630 Resistance Level: 1.0940 – 1.1010 – 1.1100 EUR/USD The EUR/USD rebounded further after US consumer inflation data and climbed above 1.0900, hitting fresh daily highs, boosted by a weaker US dollar. The greenback pulled back after the report, and commodities and US equities futures rose. The US Bureau […]