Analysis

Brent Oil Price Trends Upward Amid Positive Market Signals

Brent Oil Price Trends Upward Amid Positive Market Signals

Brent crude oil has reached $85.40, marking a continued increase over two consecutive sessions. This upward trend is primarily supported by recent US energy inventory statistics, which showed a significant decrease of 4.87 million barrels against an anticipated decline of 0.8 million barrels.
RoboForex | 353 days ago
Daily Global Market Update

Daily Global Market Update

The Euro strengthened against the USD (up 0.3%) while USD weakened against the Yen (down 1.3%). Gold dipped slightly but technical indicators suggest potential rise. Apple stock dipped minimally. Yen gained strength on suspected intervention, NASDAQ fell sharply, Dow Jones hit record high.
Moneta Markets | 353 days ago
Dollar Dip on Dovish Fed’s Beige Book

Dollar Dip on Dovish Fed’s Beige Book

The dollar continues to tumble, trading at its lowest level since April, below the $104 mark. The U.S. Beige Book suggests economic growth has moderated and inflation shows signs of easing, strengthening the likelihood of a September rate cut. Improved risk appetite in the market propelled the Dow Jones up nearly 300 points in the last session, breaking its all-time high.
PU Prime | 353 days ago
Impact of Recent Events on USD and Global Currencies

Impact of Recent Events on USD and Global Currencies

The recent assassination attempt on Donald Trump over the weekend has significantly impacted financial markets. In the immediate aftermath, Trump's odds of becoming the next President soared, alongside a sharp increase in the odds of a Republican sweep in the upcoming elections.
ACY Securities | 353 days ago
The USD is at a Crossroads

The USD is at a Crossroads

The USD is currently influenced by two conflicting forces, each driving its path in different directions. On the positive side, the anticipation of a second presidential term for Donald Trump could lead to increased fiscal stimulus and new tariffs on US imports.
ACY Securities | 353 days ago
Gold Surge to All-time High

Gold Surge to All-time High

The U.S. equity market continued its rally in yesterday's session, with the Dow Jones approaching its all-time high near the 41,000 mark. The Russell 2000 (US2000) small-cap index surged more than 10% since last Thursday, suggesting that strategists have been rotating their exposure to small-cap counters, which are more sensitive to interest rate changes.
PU Prime | 354 days ago