© Reuters. FILE PHOTO: Japanese Yen and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration//File Photo By Chuck Mikolajczak NEW YORK (Reuters) – The dollar gained against a basket of major currencies on Monday as risk appetite waned from earlier levels, with U.S. stocksRead More →
Here is what you need to know on Tuesday, April 5: The Nasdaq was the star performer on Monday as it powered ahead by over 2% on the back of a mega tech rally. Overall, the market breadth was poor with about half of the S&P 500 stocks failingRead More →
© Reuters. FILE PHOTO: A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. REUTERS/Cagla Gurdogan LONDON (Reuters) – The dollar ticked up against its major rivals as an upbeat market mood on Monday lifted European equities and government bond yieldsRead More →
U.S. stocks held minor gains Wednesday midmorning in muted trade ahead of the release of minutes from the Federal Reserve’s March policy meeting which may offer clues on the central bank’s strategy if the economic rebound from the coronavirus pandemic runs too hot. How are stock benchmarks trading? TheRead More →
DOW JONES, NIKKEI 225, ASX 200 INDEX OUTLOOK: Dow Jones, S&P 500 and Nasdaq 100 closed +1.46%, +0.60% and -0.33% respectively 10-Year Treasury yield retreated to 1.518% as core inflation came below expectation Reflation trade is back in centerstage after House approval of the massive fiscal stimulus Inflation,Read More →
© Reuters. By Gina Lee Investing.com – The dollar inched up on Thursday morning in Asia after hitting a seven-month high against the yen during the previous session. With U.S. Treasuries recording and boosting the dollar, U.S. Federal Reserve Chairman Jerome Powell is also due to give a speechRead More →
USD/JPY staged a goodish rebound from sub-105.00 levels amid resurgent USD demand. The set-up favours bullish traders and supports prospects for additional near-term gains. A move towards the 105.70 region, en-route the 106.00 mark, looks a distinct possibility. The USD/JPY pair showed some resilience below the key 105.00 psychologicalRead More →
Reuters. People wearing protective masks after a coronavirus outbreak are reflected on a screen displaying the Nikkei index outside a brokerage firm in Tokyo. By Scott Murdoch and Suzanne Barlyn. HONG KONG/NEW YORK (Reuters) – Asian stocks slipped on Tuesday, refreshing Wall Street’s stronger lead, as China’s post-holiday rallyRead More →
NASDAQ, HANG SENG, NIFTY 50 INDEX OUTLOOK: Nasdaq 100 faces an immediate resistance at the 20-Day SMA (11,170) after a decent rebound “AB=CD” pattern suggests Hong Kong’s Hang Seng Index (HSI) may rise after a heavy-selling week India’s Nifty 50 index looks well supported by its 200-Day SMA atRead More →
Demand for DeFi appears to be growing in China, although the recent sell-off quickly wiped out the $2 billion total value locked up in the decentralized finance (DeFi) space. Daily searches for “DeFi” on WeChat, China’s popular social media platform, soared to an all-time high of nearly 900,000 onRead More →
Target reported a record second quarter earlier Wednesday, with profits and comparable sales supported by market share growth and customer service options across its digital platform that drove shoppers to stores. target company TGT ,+12.65% . Net income totaled $1.69 billion, a record $3.35 per share, up from $938Read More →
Reuters. By Peter Nurse Investing.com – Wednesday morning in Europe, the US dollar weakened, with the Federal Reserve minutes in focus, while stronger-than-expected inflation boosted the pound. At 2:50 a.m. ET (0650 GMT), the dollar index, which tracks the dollar against a basket of six other currencies, was downRead More →
© Reuters. By Gina Lee Investing.com – The dollar was up on Monday morning in Asia but saw gains capped as the U.S. economic recovery from COVID-19 slows down. The that tracks the greenback against a basket of other currencies gained 0.11% to 93.535 by 9:47 AM ET (2:47Read More →
DXY sticks to the daily recovery although below the 94.00 mark. Markets’ sentiment keeps favouring the safe haven demand on Tuesday. S&P/Case-Shiller Index came in below estimates at 3.7% in May. The greenback, in terms of the US Dollar Index (DXY), remains on the positive note around the 93.70Read More →
Reuters By Peter Nurse Investing.com – The Dollar pushed European trade higher in early trading Friday, helped by its safe-haven status, as coronavirus cases continue to rise in the U.S. and unemployment data indicates a slow recovery in the labor market. At 3:15 a.m. (715 GMT), the U.S. dollar,Read More →
U.S. stocks ended higher Friday, with support attributed in part to optimism over a coronavirus treatment as investors attempt to gauge the threat to the economic outlook from a rise in COVID-19 cases. How did benchmarks perform? The Dow Jones Industrial Average DJIA, +1.43% rose 369.21 points, or 1.4%,Read More →
© Reuters. By Yasin Ebrahim Investing.com – The Nasdaq surged Friday after hitting an intraday all-time high, as unexpected job gains raised hopes for an economic comeback and prompted investors to raise their bets on big tech. The surged 2.25% to a record high intraday, closing just below its previous all-timeRead More →
© Reuters. The spread of the coronavirus disease (COVID-19) in New York By Shreyashi Sanyal and Devik Jain (Reuters) – A jump in Boeing shares lifted Wall Street on Wednesday, with investors remaining optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest in the country. BoeingRead More →
As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero taxes.Read More →
Stocks on Wall Street plunged Monday, but futures trading suggests a rebound — or a least a respite — on Tuesday. Dow Jones Industrial Average futures YM00, +0.61% rose more than 200 points on Tuesday, while S&P 500 futures ES00, +0.70% gained 0.8% and Nasdaq Composite futures NQ00, +0.98%Read More →
© Reuters. Traders work on the floor at the NYSE in New York By Sruthi Shankar (Reuters) – U.S. stock index futures edged higher on Friday, as a strong forecast from chipmaker Intel and encouraging business activity data out of Europe lifted the mood as investors tracked latest developments relatedRead More →
U.S. stocks recovered from overnight losses to touch new records midday Wednesday, after remarks by President Trump suggested the U.S. and Iran were refraining from further military action in the aftermath of attacks on U.S. bases overnight in retaliation for last week’s killing of Maj. Gen. Qassem Soleimani by AmericanRead More →
U.S. stock indexes again set records Friday, after encouraging U.S. economic data and optimism about international trade deals helped end the decade’s last full week of trading on a high note. The benchmark S&P 500 index rose for seven of the last eight days and has now risen for fourRead More →
It has been a notably strong year for U.S. equity markets, and that strength is compelling investors to wonder wether this powerful ascent will translate into a down market in 2020. However, if statistics over the past 70 years hold true, next year is likely to produce healthy, if notRead More →
© Reuters. Investing.com – Stocks moved very slightly higher for a sixth-straight day, perhaps because of the uncertainty caused by the House vote on impeaching President Donald Trump. The , , and indexes hit intraday highs before the gains faded. The Nasdaq and Nasdaq 100 Indexes rose about 0.05% each.Read More →
