Analysis

Market Focus on Earnings Report

Market Focus on Earnings Report

As we head into the second quarter earnings report season, the U.S. equity market is poised to capture significant attention. Recent geopolitical events, particularly the unconfirmed reports of an explosion in Iran's third-largest city last Friday, have injected volatility into commodities prices and bolstered the appeal of safe-haven assets like the U.S. dollar and Japanese Yen.
PU Prime | 439 days ago
Gold hits record high amid growing geopolitical tensions

Gold hits record high amid growing geopolitical tensions

Gold prices have soared past 2400.00 USD, reaching a new record high on Friday. This marks the fifth consecutive week of gains for the precious metal, fuelled by increasing market demand for "safe-haven" assets amid escalating geopolitical tensions and uncertain global economic conditions.
RoboForex | 442 days ago
Unconfirm Explosion in Middle East Stimulates Commodities Prices

Unconfirm Explosion in Middle East Stimulates Commodities Prices

The market was roiled by unconfirmed reports of explosions in Iran, Iraq, and Syria, adding to the already tense atmosphere following Iran's recent attack on Israel over the weekend. Anticipation of potential retaliation from Israel contributed to heightened nervousness in the markets throughout the week.
PU Prime | 442 days ago
Daily Global Market Update

Daily Global Market Update

Euro Dollar up 0.4%, Dollar Yen down 0.2%, Gold Dollar drops 0.8%. Nike gains 0.2%. Dollar strong, impacting Yen. US stocks volatile on Fed concerns, Europe steady. Key events: US jobless claims, Australia employment, Eurozone meeting, Japan industry index, Australia unemployment rate.
Moneta Markets | 443 days ago
Geopolitics and Fedspeak keep stocks under pressure

Geopolitics and Fedspeak keep stocks under pressure

Stocks remain under pressure as Fedspeak and US data dent rate cuts chances; Dollar remains dominant against both the euro and the yen; UK inflation surprises on the upside; the pound tries to rally;• A plethora of Fed, ECB and BoE speakers to keep the market on its toes today
XM Group | 444 days ago
Daily Global Market Update

Daily Global Market Update

Bitcoin and Apple stocks dipped slightly; EUR/USD and gold-dollar prices remained stable. Sterling hit a 5-month low against the dollar due to UK unemployment data. Crypto.com plans significant hiring. Economic events include data releases from Japan, UK, Eurozone, Austria, and the US Federal Reserve.
Moneta Markets | 444 days ago
Brent crude prices dip amid concerns over global demand

Brent crude prices dip amid concerns over global demand

Brent crude oil prices decreased slightly on Wednesday, falling to 89.50 USD per barrel. The decline is primarily attributed to concerns over global oil demand, particularly given the economic indicators coming out of China, the world's largest energy importer.
RoboForex | 444 days ago
Dollar Fuels by Powell Hawkish Statement

Dollar Fuels by Powell Hawkish Statement

The market's attention has shifted from Middle East tensions to remarks made by Federal Reserve Chair Jerome Powell. Powell's recent speech signals that the U.S. central bank may opt to maintain interest rates at elevated levels for an extended period, given the backdrop of robust economic indicators and surprisingly high inflation readings.
PU Prime | 444 days ago