Today’s Analysis

    15 March 2024
    Forex Market Analysis: Analyzing GBP Trends, US Economic Indicators, and Investor Sentiment

    CURRENCIES: Trending Analysis: Focus on British Pound’s market sentiment and outlook, covering GBP/USD, GBP/JPY, EUR/GBP. Dollar’s Rally Triggered by Rising U.S. Treasury Yields: The uptick follows unexpectedly high Producer Price Index (PPI) figures for February, closely following a significant Consumer …

    15 March 2024
    Market turbulence: Inflation data triggers Dow dip and bond yield surge

    The Dow Jones Industrial Average ended its three-day winning streak with a decline on Thursday, driven by unexpectedly high U.S. inflation data that also saw Treasury yields climbing. The producer price index for February indicated a higher-than-anticipated rise in wholesale …

    14 March 2024
    Forex Market Analysis: Key Insights on ECB Policy, US Inflation, and Investor Sentiment

    CURRENCIES: ECB official advocates for two interest rate cuts before summer to support the economy. Yannis Stournaras, head of the Greek central bank, suggests the need for easing monetary policy ahead of the Federal Reserve, highlighting that 30% of previous …

    14 March 2024
    Stocks dip amid tech pullback, inflation data eyed

    On Wednesday, the stock market experienced a slight downturn, with the S&P 500 and Nasdaq Composite falling due to a pullback in tech shares, including notable declines in Nvidia, Meta Platforms, and Apple. This shift came after a record-setting session, …

    13 March 2024
    Forex Market Analysis: Insights on Gold, Silver, Oil, S&P 500, and EURUSD Amidst Economic Data and Cryptocurrency Surge

    CURRENCIES: Market Sentiment Analysis & Outlook Summary (Mar 13, 2024): Gold Forecast: Retail traders show a net-short bias in gold, with more bearish than bullish positions. Bullish bets have decreased by 9.67% from yesterday and 12.80% from last week. Bearish …

    13 March 2024
    Market Surges on Inflation Data; Tech Stocks and Dollar Gain Momentum

    On Tuesday, financial markets experienced significant gains following the release of U.S. inflation data that aligned with expectations, fueling a surge in tech stocks like Nvidia, Meta Platforms, and Oracle. The Dow Jones, S&P 500, and Nasdaq all posted notable …

    12 March 2024
    Forex Market Analysis: Key Insights on US Inflation and Fed’s Policy Path

    CURRENCIES: US Inflation Preview: Impact on Gold, USD, and Stocks Event Highlight: The U.S. Bureau of Labor Statistics to release February’s CPI data on March 12, 2024, crucial for investors and the Federal Reserve’s monetary policy. Headline CPI Forecast: Expected …

    12 March 2024
    Stocks Retreat and Dollar Firms Ahead of CPI Data

    On Monday, the stock market saw mixed results as the recent rally slowed down. The S&P 500 and the Nasdaq Composite experienced declines, with technology stocks, including Super Micro Computer and Nvidia, facing notable losses. The Dow Jones, however, managed …

    8 March 2024
    Forex Market Analysis: US Dollar Awaits Jobs Report, Fed’s Next Move in Focus

    CURRENCIES: Guidance on US Dollar from US Jobs Report: The upcoming U.S. jobs report will significantly influence the U.S. dollar’s direction, with implications for EUR/USD, USD/JPY, and GBP/USD trading setups. Sensitivity to Nonfarm Payrolls Data: Financial markets and the U.S. dollar are …

    8 March 2024
    Stocks surge to record highs amid inflation optimism and tech gains

    On Thursday, the stock market witnessed significant gains, with the S&P 500 and Nasdaq Composite reaching new record highs, driven by investor optimism over easing inflation and robust gains in the technology sector. The S&P 500 increased by 1.03% to …

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