STOCK FUTURES LITTLE CHANGED AFTER S&P 500 HITS RECORD HIGH Stock futures were little changed after a strong session for stocks. Dow Jones futures added 38 points, staying above the flatline. S&P futures gained 0.09%, Nasdaq 100 futures rose 0.13%. The S&P
EUROSTOXX FUTURES DOWN 0.1% AMID TENTATIVE MARKET SENTIMENT Eurostoxx futures down 0.1% in early European trading. German DAX and UK FTSE futures are flat. Wall Street stocks finished mostly unchanged. European indices also saw little movement yesterday. Market sentiment remains cautious, awaiting new developments. US-Russia peace talks failed
STOCKS SLIP AFTER S&P 500 REACHES RECORD HIGH Stocks fell slightly on Wednesday after a record-setting day for Wall Street. The S&P 500 and Nasdaq Composite both dipped 0.2%. Dow Jones dropped 174 points, or 0.4%. S&P 500 set an all-time high
MICROSTRATEGY TO ISSUE $2 BILLION IN DEBT TO BUY MORE BITCOIN Strategy (formerly MicroStrategy) plans to raise $2 billion through convertible debt. The company will sell senior notes due in 2030 at 0% interest. Proceeds will be used to fund operations, including purchasing more Bitcoin.
USDCAD BUYERS PUSH FOR UPSIDE, WATCHING 100-HOUR MA USDCAD broke above the 100-hour moving average after holding below it yesterday. The 100-hour MA remains a key technical resistance level. The pair reached a high of 1.4221, following a break above the 1.4192 level. Rally stalled after weaker-than-expected U.
Gold price stays near $2,940, close to its highest level ever. This happens during the Asian session on Wednesday. Trade tensions rise as Trump’s tariffs may lead to a global trade war. Investors buy gold as a safe-haven asset. Fed Minutes report is coming up next, which may
GOLD PRICE CONSOLIDATES AHEAD OF FED MINUTES AND TRUMP'S TARIFF THREATS Gold price consolidates below record highs of $2,943. Bullish trend continues on the daily time frame, with fresh record highs in sight. Attention shifts to the release of the Fed's January policy meeting minutes.
AUSTRALIAN WAGE GROWTH SLOWS IN Q4 2024 Australian quarterly wage price index grew by 0.7% in Q4 2024. Market expectations were for a 0.8% growth. Growth in Q3 2024 was revised to 0.9%, up from the previous 0.8%.
GOLD HITS FRESH ALL-TIME HIGH AS TRUMP’S TARIFFS RESURFACE Gold rallies for a third consecutive day, reaching a new all-time high above $2,945. The price surge follows US President Trump’s comments on Ukraine and the return of tariffs. Trump reaffirms 25% tariffs on automobile imports, extending to
GBP to USD is stable after losing value in the last session. It is trading around 1.2610 in the Asian market on Wednesday. Traders are waiting for UK inflation (CPI) data for January.
EUROZONE DECEMBER CURRENT ACCOUNT SURPLUS INCREASES Eurozone December current account balance reached €50.5 billion, up from €34.6 billion prior. Seasonally adjusted figure for December is €38.4 billion. Cumulative 2024 total for the current account stands at €419 billion, up from €241 billion in 2023. The increase is
Gold price reaches a new all-time high near $2,950. Fears of a trade war make investors buy gold as a safe investment. Expectations of a US Federal Reserve rate cut weaken the US Dollar. A weaker US Dollar supports the rise in gold prices. Traders are waiting for the