Fundamental Overview The Nasdaq is slowly crawling back to the all-time high. The market continues to look forward to the next year with Trump’s policies being a positive driver for growth. The only bearish reason we had for the stock market was the rise in Treasury yields. That’s generally bearish only when the Fed is […]
Nasdaq Technical Analysis – The bullish bias remains intact Read More »
Markets: JPY leads, USD lags US 10-year yields down 6 bps to 4.18% S&P 500 up 0.6% Gold up $13 to 2653 WTI crude oil down $0.57 to $68.00 Markets were surprisingly lively for a de facto US holiday. Bids were strong in risk assets, which got help from a report saying US restrictions on
Forexlive Americas FX news wrap: Bonds stay bid into month-end Read More »
The US Dollar off the lows for this Friday with markets nervous on France’s budget talks possibly toppling the government. Monday’s opening might get choppy if French Prime Minister Michel Barnier is unable to secure a deal with the far-right National Rally party. The US Dollar Index is back above 106.00 and is looking for
US Dollar flat ahead of weekend full of uncertainties over France’s budget Read More »
Indian benchmark equity indices climbed on Friday after a steep drop in the previous session, driven by gains in heavyweight Reliance Industries and drugmakers, while investors also awaited economic growth data due later in the day. Meanwhile, six small and midcap stocks from the Nifty 500 index hit new 52-week highs. Here’s the list:
Paytm, Dixon Technologies among 6 small & midcap stocks that hit 52-week highs on Friday Read More »
Yen resumed its broad-based rally during the Asian session, lifted by stronger-than-expected Tokyo inflation data. The accelerated inflation figures have reignited market speculation about another rate hike by BoJ as early as December. Overnight index swaps now suggest there is over 60% probability of a 25bps increase at this upcoming meeting. A key highlight from
Yen Rally Resumes on Tokyo CPI, Swiss GDP and Eurozone Inflation Watched Read More »
Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty Images India’s economy expanded by just 5.4% in its second fiscal quarter ending September, well below estimates by economists and close to a two-year low. The print follows 6.7% growth over the previous quarter and is the lowest reading since the last quarter
India’s quarterly growth slumps to a near two-year low, well below expectations Read More »