Daily summary: Nasdaq near its ATH, EU PMIs come in Weak, SMCI Surges
The Nasdaq 100 touched new intraday records Monday, driven by strong performance across major technology stocks, while significant leadership changes...
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Market news
Sentiment for cryptocurrencies is positive, helped by gains on Wall Stree. Bitcoin is rebounding from $95,000 and is trading at $98,000; Ethereum at $3,700. During the last few days, Ethereum is starting to do significantly better, against Bitcoin. If this momentum continues, looking at historical data...
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At the start of this week, the focus is likely to be on France. On Sunday, Marine Le Pen said that her party’s talks with the government led by Michel Barnier, had broken down, which paves the way for a no-confidence vote in the technocratic government that has no majority in Parliament. The no-confidence...
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With the US still celebrating the Thanksgiving holiday, the focus has shifted to Europe. France and its budget woes along with rising inflation in the currency bloc has focused minds on the outlook for the euro. Marine Le Pen, the leader of the National Rally, holds the balance in France’s...
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The Nasdaq 100 touched new intraday records Monday, driven by strong performance across major technology stocks, while significant leadership changes...
The Nasdaq 100 touched new intraday records Monday, driven by strong performance across major technology stocks, while significant leadership changes at...
02:45 PM GMT, United States - PMI Data for November: S&P Global US Manufacturing PMI: actual 49.7; forecast 48.8; previous 48.5; 03:00 PM...
09:30 AM GMT, United Kingdom - PMI Data for November: S&P Global/CIPS UK Manufacturing PMI: actual 48.0; forecast 48.6; previous...
08:15 AM GMT, Spain - PMI Data for November: HCOB Spain Manufacturing PMI: actual 53.1; forecast 53.9; previous 54.5; 08:30...
The USDIDX dollar index rebounds from a key support zone. The rebound is supported by threats from future U.S. President Donald Trump to impose 100% tariffs...
At the start of this week, the focus is likely to be on France. On Sunday, Marine Le Pen said that her party’s talks with the government led by Michel...
This week, the most important macroeconomic reports attracting market attention will be US labor market reports. On Wednesday, the ADP report will be released,...
The Asia-Pacific region indices are trading with mixed sentiment. Chinese indices are down by 0.30–0.40%. Japan's Nikkei 225 index is gaining...
U.S. indices closed with moderate gains. The cash session on Wall Street was shortened today due to yesterday's Thanksgiving holiday. The...
Indices rise by approximately 0.20% at the session's open The dollar continues to decline, falling below 106 points Bond yields are also dropping U.S....
01:30 PM GMT, Canada - GDP data: GDP: actual 0.1% MoM; forecast 0.3% MoM; previous 0.0% MoM; GDP (Q3): actual 0.3% QoQ; previous...
Gold (GOLD) is up by more than 1% today, driven by the weakness of the US dollar, weakening European macro readings and increased geopolitical concerns. The...
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