admin

Dollar remains under pressure as the market heads into the US session, with selling momentum picks up slightly alongside a continued decline in Treasury yields. US stock futures are staging a robust rally, reflecting optimism over President-elect Donald Trump’s selection of Scott Bessent as Treasury Secretary. Bessent is viewed as a safe choice for implementing
0 Comments
In this article M Follow your favorite stocksCREATE FREE ACCOUNT A shopper carries a Macy’s bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024.  David Paul Morris | Bloomberg | Getty Images Macy’s on Monday posted preliminary third-quarter results and said it would delay its full earnings release as it
0 Comments
Gold declines over $50 on Monday after Axios news reports that Israel and Hezbollah have reached a ceasefire agreement. Gold had already fallen after Donald Trump chose Scott Bessent to be his US Secretary of the Treasury.  Bessent is a seasoned Wall Street professional and is viewed as a safe pick by markets, reducing haven flows to
0 Comments
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
0 Comments
The Japanese Yen jumps back closer to last week’s swing high against its American counterpart.  Retreating US bond yields prompts some USD profit-taking and benefits the lower-yielding JPY. The BoJ uncertainty and the risk-on mood might cap any further gains for the safe-haven JPY. The Japanese Yen (JPY) strengthens against its American counterpart at the
0 Comments
UPCOMING EVENTS: Monday: PBoC MLF, German IFO. Tuesday: US Consumer Confidence, FOMC Minutes. Wednesday: Australia Monthly CPI, RBNZ Policy Decision, US Q3 GDP 2nd Estimate, US PCE, US Durable Goods, US Jobless Claims. Thursday: German CPI. (US Holiday) Friday: Tokyo CPI, Japan Unemployment Rate, France CPI, Switzerland Q3 GDP, Eurozone CPI, Canada GDP. Tuesday The
0 Comments
Written by , ETMarkets.com| Nov 24, 2024, 03:45:45 PM IST 1/6 Stock Ideas Indian markets rebounded with a gusto on Friday helped by buying trends across sectors with IT and bank heavyweights along with Reliance Industries (RIL) simultaneously throwing their weights around. While the S&P BSE Sensex settled at 79,117.11, up by 1961.32 points or 2.54%,
0 Comments
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang arrives at the launch of the supercomputer Gefion, at the Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia reports fiscal third-quarter earnings Wednesday after the market closes. Here’s what Wall
0 Comments
Mexican Peso makes a late session recovery, supported by strong Q3 GDP figures and lower mid-month inflation. Concerns linger as Mexico’s legislative changes could impact its status in the USMCA agreement, potentially affecting trade dynamics. Banxico Governor indicates readiness to cut rates further if inflation trends continue downward, influencing Peso’s strength. US economic data, including
0 Comments
The EUR/USD pair continued its downward trend today, extending a week-long selloff as bearish momentum carried the price through key technical levels. Weak European flash PMI data and concerns from ECB officials over growth and inflation pressured the euro, while stronger-than-expected US PMI data (offset slightly by weaker University of Michigan data) provided support for
0 Comments
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
0 Comments
ETMarkets.com| Nov 21, 2024, 01:46:52 PM IST 1/6 Long Buildup Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday’s trading session, five stocks witnessed a long unwinding. Here’s the list: ETMarkets.com 2/6 Indraprastha Gas
0 Comments