Fears of slower growth in U.S.A have caused stock markets to tumble
Fears of slower growth in U.S.A have caused stock markets to tumble After statements from social media company Snap and poor economic data raised concern that the US economy was about to decline dramatically, investors sold stocks on Tuesday and bet on a less aggressive Federal Reserve policy. On Tuesday, the NASDAQ Composite, which is […]
Gold prices fall as the dollar tries to recover
Gold prices fall as the dollar tries to recover Gold prices fell marginally on Tuesday as the dollar recovered slightly after a recent dip, impacting on demand for greenback-priced gold. After reaching to its highest level since May 9 of $1,865.29 on Monday, spot gold dipped 0.2 percent to $1,850.40 per ounce at 0240 GMT. […]
In the idle markets, XAU/USD remains protective at $1,800
In the idle markets, XAU/USD remains protective at $1,800 As global markets battle for clear directions to extend the previous optimism, gold (XAU/USD) prices drop from intraday highs, being range-bound near $1,813-18. During a sluggish Asian session on Wednesday, the precious metal maintained its previous day’s fall from the 200-DMA. The current Fed speak is […]
Stocks end the day higher as indexes recover from their recent sell-off
Stocks end the day higher as indexes recover from their recent sell-off Stocks in the United States rose on Tuesday, helped by a rise in technology companies, as all three indexes recovered after heavy selling last week sparked by concerns about persistently rising prices and the possibility of an economic downturn. Investors mostly ignored Federal […]
Oil prices starting to fall as EU tries for Russia import ban
Oil prices starting to fall as EU tries for Russia import ban Oil prices fell in early Asian trade on Tuesday as the European Union’s efforts to establish a ban on Russian oil imports, which would reduce global supply, were met with opposition from Hungary. At 0004 GMT, Brent crude prices were down 35 cents, […]
NASDAQ is down more than 3% as investors are disappointed by US inflation statistics
NASDAQ is down more than 3% as investors are disappointed by US inflation statistics After U.S. inflation statistics failed to ease investor concerns about interest rates and the economy, US equities closed substantially lower on Wednesday, with the NASDAQ plunging more than 3% and the Dow plummeting for the fifth day in a row. The […]
Gold rates are approaching their lowest in three months, while silver prices are also down
Gold rates are approaching their lowest in three months, while silver prices are also down Gold prices in plummeted to near three-month lows ahead of the release of monthly US inflation statistics, which experts believe would have an influence on the Federal Reserve’s monetary policy stance. Later in the day, at 6 p.m., the US […]
Dow falls for the fourth day in a row
Dow falls for the fourth day in a row On Tuesday, the market fluctuated between gains and losses as concerns about inflation, interest rates, and the economy weighed on investors. The NASDAQ Composite, which is heavily weighted in technology, was up 2.8 percent at one point. Stocks had virtually lost those gains by late morning, […]
Supply fears continue, oil prices climb, despite stock market declines
Supply fears continue, oil prices climb, despite stock market declines Crude prices rose for the third day in a row on Friday, shrugging aside concerns about global economic growth as fears about tighter supply supported prices ahead of an imminent European Union ban on Russian oil. Brent futures were up 84 cents, or 0.8 percent, […]
Stocks drop in a dramatic reversal earlier in the session; the Nasdaq is down 5%.
Stocks drop in a dramatic reversal earlier in the session; the Nasdaq is down 5% US equities fell on Thursday, giving back gains made on Wall Street the day before, as traders continued to mull over the Federal Reserve’s latest monetary policy decision. The S&P 500, Dow, and NASDAQ all fell precipitously. Tech stocks underperformed, […]
Stocks increase for the second day in a row ahead of the predicted Fed move
Stocks increase for the second day in a row ahead of the predicted Fed move U.S. stocks climbed marginally as investors awaited a key Federal Reserve decision. The S&P 500 increased 0.48 percent to 4,175.48. The Dow Jones Industrial Average closed at 33,128.79, up 67.29 points, or 0.20 percent. The NASDAQ Composite, which is heavily […]
Wall Street falls as the Fed’s attention shifts, and 10-year Treasuries surpass 3%
Wall Street falls as the Fed’s attention shifts, and 10-year Treasuries surpass 3% Wall Street’s main indexes fell on Monday, giving up early gains in tragic trade, as investors became more cautious ahead of this week’s Federal Reserve meeting, when officials are largely anticipated to hike interest rates. In addition to the weakening in […]
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Upcoming Market Updates : AUD,JPY,CHF,EUR,USD Time 01:30 AM GMT+3 AUD: AIG Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. Time 03:30 AM GMT+3 JYP: Final Manufacturing PMI, it measures level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. Time 04:00 AM GMT+3 AUD: MI […]
Could eBay’s fortunes shift on a dime as a result of Amazon’s poor performance?
Could Amazon’s bad performance cause eBay’s stocks to turn on a dime? Amazon’s (AMZN) first-quarter earnings miss and weaker-than-expected second-quarter outlook, released after the market closed on Thursday, could present an attractive investment opportunity in another retailer. I’m looking at eBay (EBAY) in particular. AMZN shares were down roughly 8.5 percent and eBay’s stocks […]
Boeing’s shares level will decrease and Air Force One result in a $1.2 billion loss
Boeing’s shares level will decrease and Air Force One result in a $1.2 billion loss Boeing’s stock plummeted after the company disclosed a $1.2-billion loss in the most recent quarter, owing to one-time charges related to its Russia business, the Air Force One presidential flight, and the new 777X airliner. Boeing shares finished 7.5 percent lower […]
Breaking: EUR/USD cracks 1.0500, hits the lowest
Breaking: EUR/USD cracks 1.0500, hits the lowest CAD: BOC Gov Macklem Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy. […]
As a result of the Shanghai lockdowns, oil prices are continuing to fall
As a result of the Shanghai lockdowns, oil prices are continuing to fall Oil prices fell further on Monday, owing to concerns that continued COVID-19 lockdowns in Shanghai and expected rate hikes in the United States would stifle global economic development and fuel demand. At 0015 GMT, Brent crude prices were down $1.90, or […]
On Sunday, stock futures fell as Wall Street prepared for a hectic results week
On Sunday, stock futures fell as Wall Street prepared for a hectic results week As investors pondered the probability of higher interest rates, U.S. stock futures dipped on Sunday night, snapping a four-week losing skid for the Dow Jones Industrial Average. Wall Street is also anticipating a busy week of earnings, which will include […]