Dollar Index Looks Unstoppable now
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Dollar Index Looks Unstoppable now On Friday afternoon the new highs rose to 107.6, on the start of European trading session it went 107.45. Since Oct 2002 this was the highest rate and the index added around 20% to its 2021 low. This is a positive secondary effect for the US(strengthening of dollar), […]
In the first half, US stocks fell by the most since more than 50 years
In the first half, US stocks fell by the most since more than 50 years The first half of the year for US stocks was the worst in more than 50 years as a result of a collapse that was started by the Federal Reserve’s attempt to stop persistent inflation and accelerated by growing fears […]
Over the past 24 hours, crude oil prices increased while gold prices decreased
Over the past 24 hours, crude oil prices increased while gold prices decreased Over the past 24 hours, gold prices have been trending marginally lower as crude oil prices managed to end the day positively. An increase in the US dollar, which resulted from risk aversion as the tech-heavy Nasdaq 100 fell more than 3 […]
Stock Market declines following massive rally last week
Stock Market declines following massive rally last week U.S. stocks declined on Monday, erasing some of the gains made during a surge last week as expectations for the direction of interest-rate rises by the Federal Reserve softened. Early gains were erased by the S&P 500, which dropped 11.63 points, or 0.3 percent, to close at […]
As the commodity markets drop, gold and silver decline
As the commodity markets drop, gold and silver decline As the metals markets are participants in a general erosion of the commodity markets driven by crude oil, gold and silver prices are slightly lower in lunchtime U.S. trade on Thursday. Fears of a U.S. and worldwide economic crisis as well as predictions of decreased demand […]
US Dollar Price Action Setups: EUR/USD, USD/NZD, GBP/USD, USD/JPY
US Dollar Price Action Setups: EUR/USD, USD/NZD, GBP/USD, USD/JPY NZD: Business NZ Services Index, it measures level of a diffusion index based on surveyed purchasing managers in the services industry. GBP: Rightmove HPI m/m, it measures change in the asking price of homes for sale. EUR: German PPI m/m, it measures change in the price […]
Fed’s rate hike, the stock market in the United States rallied
Fed’s rate hike, the stock market in the United States rallied Stocks in the United States jumped on Wednesday after the Federal Reserve approved its largest interest-rate hike since 1994, although the central bank hinted that such moves would be rare. The S&P 500 index increased 54.51 points, or 1.5 percent, to 3789.99, ending a […]
Investors expect a major Fed rate hike; gold is higher on lower yields
Investors expect a major Fed rate hike; gold is higher on lower yields Weaker Treasury yields raised gold prices from near one-month lows on Wednesday, ahead of a possible aggressive interest rate hike by the US Federal Reserve to combat inflation amid rising fears of an oncoming recession. As of 0229 GMT, spot gold was […]
S&P 500 entered a bear market, global stocks dropped
S&P 500 entered a bear market, global stocks dropped Stock futures increased, indicating that U.S. markets were on the verge of recovering from a meltdown that pushed the S&P 500 into a bear market on Monday, but Asian stocks remained under pressure. In Asia on Tuesday morning, S&P 500 futures were up 0.6 percent. The […]
Beijing’s COVID warning and inflation fears resulted fallen in prices of Oil
Beijing’s COVID warning and inflation fears resulted fallen in prices of Oil On Monday, oil prices fell more than $2 as a flare-up in COVID-19 cases in Beijing dampened prospects for a quick increase in China’s fuel demand, while concerns about global inflation and economic development weighed on the market. By 0033 GMT, Brent crude […]
XAU/USD is at a crossroads, and US inflation is the key
XAU/USD is at a crossroads, and US inflation is the key Gold Price found strong bids just below $1,842 and mounted a nice return to close a stormy Thursday with minor losses at $1,848. The shiny metal remained turbulent, but stayed within its usual price range of $1,850. Financial markets were dominated by risk-off flows. […]
On constrained supply, oil rises 1%, with US crude hitting a 13-week high
On constrained supply, oil rises 1%, with US crude hitting a 13-week high On Tuesday, oil prices rose by around 1%, with U.S. crude settling at a 13-week high due to supply concerns, including the likelihood of no nuclear deal with Iran and forecasts for demand growth in China, which is reducing pandemic lockdowns. According […]
As Fears Grow, Stocks Rally. Maintain the shakiness of Wall Street
As Fears Grow, Stocks Rally. Maintain the shakiness of Wall Street Stocks in the United States rose on Tuesday as Treasury yields fell, but Wall Street remained shaky as investors awaited more clarity on interest rates, inflation, and the economy’s trajectory. After reversing a morning loss of 1%, the S&P 500 rose 39.25 points, or […]
Oil falls after breaking through $120 as inflation and GDP concerns in the United States bite
Oil falls after breaking through $120 as inflation and GDP concerns in the United States bite In Monday’s session, oil rose to near three-month highs above $120 a barrel before falling on profit-taking and concerns about the impact on the US economy of record fuel prices in a country already grappling with 40-year high inflation. […]
The recovery of the US stock market will be put to the test by inflation
The recovery of the US stock market will be put to the test by inflation The rise that brought US stocks back from the brink of a bear market will be put to the test next week, when consumer price data will reveal how much more the Federal Reserve will need to do to combat […]
Stocks end a bumpy month with a drop as the rally fades
Stocks end a bumpy month with a drop as the rally fades After a recovery late last week failed to maintain pace, US stocks ended a bumpy month of May down on Tuesday. In a turbulent session, the S&P 500 dropped 0.6 percent, while the Dow Jones Industrial Average dropped 220 points, or 0.7 percent. […]
Crude Oil Climbed Whether Russia’s Oil Imports Will Be Banned by the EU
Crude Oil Climbed Whether Russia’s Oil Imports Will Be Banned by the EU Crude oil closed yesterday at 9080, up 2.06%, as traders awaited news on whether the European Union would agree to an embargo on Russian oil imports. On Monday and Tuesday, the EU will gather to consider the sixth package of sanctions against […]
In May, Global stock markets swing positive due to Fed bets
In May, Global stock markets swing positive due to Fed bets On forecasts of a likely pause in US monetary tightening and after an easing of COVID restrictions in China, world stock markets climbed on Monday and the dollar was held near five-week lows. Following signals of peaking American inflation on Friday, confidence in a […]