The daily reports for important events that affects the forex, stocks and commodities markets.

11/10/2024 Evening Reports

Tesla Unveils Game-Changing Cybercab: Sub-$30K Robotaxi Set for 2026 Production! Elon Musk just revealed Tesla’s bold vision for the future of transportation with the all-new Cybercab, a sleek, autonomous taxi with no steering wheel or pedals! Aiming for a sub-$30,000 price and mass production by 2026, the Cybercab could revolutionize urban mobility. However, investors are […]

The daily reports for important events that affects the forex, stocks and commodities markets.

11/10/2024 Daily Reports

Dollar Retreats from Two-Month Highs Amid Mixed U.S. Labor Market Signals The U.S. dollar slipped from its two-month highs on Friday following labor market data showing signs of weakness, bolstering the case for quicker Federal Reserve rate cuts. However, the dollar remained on track for a second consecutive weekly gain, buoyed by stronger-than-expected payrolls data […]

The daily reports for important events that affects the forex, stocks and commodities markets.

10/10/2024 Evening Reports

Could September’s inflation spike spell the end for a dovish Fed? US consumer prices jumped 0.2% in September, matching August’s rise, and pushing the annual inflation rate to 2.4%—the smallest increase since February 2021. But there’s a twist: inflation came in hotter than expected, shaking up predictions and cooling down hopes for aggressive Fed rate […]

The daily reports for important events that affects the forex, stocks and commodities markets.

10/10/2024 Daily Reports

US Futures Steady After Record Highs, DOJ Targets Google, Fed Minutes Show Rate Cut Debate U.S. stock futures remained steady on Thursday after the Dow and S&P 500 reached record highs on Wednesday. The Dow rose 1.03%, the S&P 500 gained 0.71%, and the Nasdaq added 0.6%, with most S&P sectors, led by healthcare, technology, […]

The daily reports for important events that affects the forex, stocks and commodities markets.

09/10/2024 Evening Reports

Mixed U.S. Equity Futures as Rising Yields and Alphabet Antitrust Concerns Weigh on Markets U.S. equity futures were mixed on Wednesday as investors reacted to rising Treasury yields and the potential for an antitrust crackdown on Google-owner Alphabet Inc. S&P 500 futures slipped 0.1%, while Nasdaq 100 futures fell 0.2%. Alphabet shares dropped 1% premarket […]

The daily reports for important events that affects the forex, stocks and commodities markets.

09/10/2024 Daily Reports

U.S. Equity Futures Steady as Fed Signals Soft Landing; Treasury Yields and Dollar Strengthen Ahead of Fed Minutes U.S. equity futures remained steady in Asia following solid gains, driven by optimism from Federal Reserve officials about managing interest rates for a soft economic landing. New York Fed President John Williams highlighted the strength of the […]

The daily reports for important events that affects the forex, stocks and commodities markets.

08/10/2024 Evening Reports

ECB Rate Cuts Expected Amid Cooling Inflation and Growth Challenges in Eurozone The European Central Bank (ECB) is expected to cut its deposit rate by 25 basis points in both October and December, according to a Reuters poll of economists. This follows a dip in euro zone inflation to below 2% in September, with ECB […]

The daily reports for important events that affects the forex, stocks and commodities markets.

08/10/2024 Daily Reports

Wall Street Slips Amid Rising Yields, Fed Concerns, and Tech Weakness Wall Street’s major indexes fell around 1% on Monday, driven by concerns over rising Treasury yields, potential impacts from the Middle East conflict on oil prices, and a shift in expectations for Federal Reserve interest rate cuts. A stronger-than-expected jobs report caused traders to […]

The daily reports for important events that affects the forex, stocks and commodities markets.

07/10/2024 Evening Reports

Gold Holds Steady as Strong U.S. Jobs Data Lowers Odds of Fed Rate Cuts Gold prices remained steady, trading near $2,655 an ounce as traders adjusted their expectations for Federal Reserve rate cuts following stronger-than-expected U.S. jobs data. U.S. Treasury yields have returned to 4%, reducing the likelihood of a significant rate cut by the […]

The daily reports for important events that affects the forex, stocks and commodities markets.

07/10/2024 Daily Reports

Dollar Index Surges After Strong U.S. Jobs Data; Yen Faces Worst Week Since 2009 The dollar index soared on Friday, heading for its best week in two years, after a strong U.S. jobs report for September showed a higher-than-expected increase in non-farm payrolls, a decline in unemployment, and faster hourly earnings growth. The report erased […]