Daily summary: US inflation data spurs Wall Street surge 📈
Wall Street extends a bullish rally during Wednesday's session after CPI data cemented the market's view that the Fed will cut interest rates...
Market news
The shares of the US-based photomasks producer Photronics (PLAB.US) surges 20% after the company published higher than expected fiscal Q4 results, smashing Wall Street analysts expectations. CEO of the company, Frank Lee commented results positively, as the company achieved sequential revenue growth...
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Oil: OPEC+ has postponed their production restoration timeline. The monthly production increase of 180,000 barrels will now begin from April next year, rather than the originally planned Q4 2024 The complete withdrawal of production cuts has been delayed by a year until the end of 2026 The...
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The cryptocurrency market opened the week in a weaker sentiment; most cryptocurrencies are losing and ZCASH and APECOIN are posting double-digit declines Bitcoin fell from levels above $100,000 to $98,000; net inflows into ETFs last Friday fell nearly 40% Thursday, to $368 million - but are still...
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Wall Street extends a bullish rally during Wednesday's session after CPI data cemented the market's view that the Fed will cut interest rates...
US EIA Weekly Oil Inventory Data: Crude Oil: Actual: -1.43M. Forecast -1.100M vs -5.073M previous WTI crude oil did not...
The shares of the US-based photomasks producer Photronics (PLAB.US) surges 20% after the company published higher than expected fiscal Q4 results, smashing...
BOC cuts interest rates by 50 bps in line with forecast. USDCAD pair drops heavily on the news. The Canadian dollar strengthened to a new session high...
US CPI (Nov): Headline YoY: Actual: 2.7%. Forecast 2.7% vs 2.6% previous Core YoY: Actual: 3.3%. Forecast 3.3% vs 3.3% previous The...
Pairs pegged to the Japanese yen saw a spike in volatility today due to the BoJ's announcement, which at the outset badly dismayed the market. As reported...
The US dollar is slightly strengthening ahead of the publication of November’s CPI inflation data from the US. The market expects CPI inflation to...
The US Dollar Index faces a critical juncture ahead of Wednesday's CPI data, with market expectations tilted toward persistent inflation pressures...
Today's calendar features crucial US inflation data, Bank of Canada's rate decision, and EIA inventory reports. Markets await OPEC's monthly...
Asian markets mixed ahead of key US inflation data. Japan's Nikkei is flat, China's CSI 300 up 0.2%, Hong Kong's Hang Seng fell 0.6%. South...
U.S. stocks are showing mixed performance Tuesday, with the Dow Jones Industrial Average falling 0.4%, the S&P 500 trading flat, and the NASDAQ...
Shares of Walgreens Boots Alliance (WBA.US) surged by over 20% following reports of advanced buyout discussions with private equity firm Sycamore Partners,...
Gas prices have lost almost all of the price jump that occurred at the opening of this week. Gas prices opened near $3.3/MMBTU at the beginning of this...
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