Daily Summary: indices begin the first correction this year and gold erases initial gains 📌
Wall Street loses on the last trading day of this week. US500 and US100 report losses of 1.70-2.00%, marking the second consecutive week of declines....
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Market news
Wall Street loses on the last trading day of this week. US500 and US100 report losses of 1.70-2.00%, marking the second consecutive week of declines....
In the second half of the day, gold reverses its bullish trend and is currently erasing all gains from Friday's session. Silver is behaving similarly,...
Fed's Goolsbee expressed concerns about various inflationary pressures impacting the Federal Reserve's ability to achieve its targets. He highlighted...
BlackRock reported higher 1Q24 results than market consensus. The company recorded a record AUM (assets under management), which at the end of the quarter...
Indices open lower on the last day of the week. The dollar index (USDIDX) gains for another consecutive day. Yields on 10-year bonds drop to 4.50%. In...
Commodity markets, particularly precious metals and oil, is stirred up this week by the unstable situation in the Middle East. The dangerous escalation...
After the US CPI print on Wednesday, the market’s attention is now on the first quarter earnings season. The focus is on JP Morgan, as it is the...
Germany CPI in March rose 2.3%. Energy prices in Germany are rising on Friday by 3.5%. . Utilities sector shows the strongest gains. DAX...
Traders were offered the first Q1 reports from major Wall Street banks today. JPMorgan (JPM.US), Wells Fargo (WFC.US) and Citigroup (C.US) published their...
Silver has tested the area of $29 per ounce today after gold reached new historic highs above $2,400 per ounce. For precious metals, we are talking about...
Shares of Globe Life (GL.US), an S&P500-listed insurance company, fell more than 54% on Thursday, closing at their lowest level in eight years following...
GBPUSD is taking a hit today, dropping to the lowest level in almost 5 months! The move is driven by continued strength in the USD, which is benefitting...
Wheat futures, on the Chicago exchange, are holding near $550 per bushel, despite the unfavorable for bull's, yesterday highlights from USDA report....
GOLD futures increased to $2400 level despite strength of US dollar but after reaching significant psychologically level, it erases some gains. Source:...
The Eurodollar is trading down very sharply today, losing another 0.4%. The dominance of the USD seems unquestionable at the moment, and a number of different...
The UK economy grew for the second month in February, suggesting that the UK has exited its mild recession from 2023. The economy is now growing on a 0.2%...
7:45 AM - Final inflation readings from France HICP y/y: 2.4% vs 2.4% forecast and 2.4% in the first reading (2.3% CPI after seasonal adjustment) HICP...
Futures on DAX and FTSE point to higher opening in Europe UK data stronger than forecasts, final German inflation unchanged Attention shifts...
March CPI from Sweden came in 4.1% vs 4.4% exp and 4.5% previously Reading on monthly basis showed also slowing CPI growth 0.1% vs 0.4% exp. and 0.2%...
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