STOCK FUTURES LITTLE CHANGED AFTER WALL STREET SELL-OFF U.S. stock futures showed little movement early Friday. Dow Jones Industrial Average futures fell by 14 points (less than 0.1%). S&P 500 futures declined by 0.09%. Nasdaq-100 futures remained flat. The sell-off followed a weak earnings forecast
Gold price is going down slightly but is still strong. It is close to its highest price ever but not breaking past it. Worries about Trump's trade tariffs and a global trade war may help keep gold prices up. The weak U.S. dollar could also prevent gold
TREASURY YIELDS EDGE LOWER AS INVESTORS ASSESS ECONOMIC OUTLOOK U.S. Treasury yields declined slightly on Friday. 10-year Treasury yield dropped to 4.4896%, down less than one basis point. 2-year Treasury yield fell to 4.2597%, also down by less than one basis point. Investors await more economic data
JPMorgan changed its ratings for two European oil companies. BP’s rating was upgraded to "Neutral," and OMV’s rating was downgraded to "Underweight." The change is due to shifts in European gas supply and the possible end of the Russia-Ukraine war. BP’s connection to
JAPAN JANUARY CORE CPI 3.2% Y/Y VS. 3.1% EXPECTED Japan's headline inflation for January 2025 is 4.0%, up from 3.6% in December. Core CPI (excluding food) rises to 3.2%, above the expected 3.1%. Core-core CPI (excluding food and energy) stands at
PBOC SETS USD/CNY REFERENCE RATE AT 7.1696 PBOC sets the USD/CNY reference rate for today at 7.1696, lower than the estimated 7.2433. The PBOC determines the daily midpoint of the yuan under a managed floating exchange rate system. The yuan can fluctuate within a 2%
GBP/USD reached a two-month high of 1.2674 on Friday. It then dropped slightly but stayed around 1.2670 during the Asian session. The US Dollar weakened due to weak jobless claims data. Mixed signals from the Federal Reserve also affected the market. This helped GBP/USD stay strong
The stock market went down on Thursday. The Dow Jones dropped 162 points (0.4%). The S&P 500 fell 0.3% after hitting a record high. The Nasdaq went down 0.1%. Walmart's stock dropped because of a weak future outlook.
Netflix Investment: Netflix will spend $1 billion to make movies and TV shows in Mexico. Timeframe: This will happen over the next four years. CEO's Announcement: Netflix CEO Ted Sarandos shared this news in Mexico City. Local Partnerships: Netflix wants to work with more Mexican producers. Economic Impact:
BANK OF JAPAN GOVERNOR UEDA SEES UPSIDE IN HIGHER INTEREST RATES BOJ's monetary easing was key to meeting inflation targets. Ueda acknowledged side effects of the BOJ’s stimulus. Higher interest rates will boost financial institutions' profits long-term. The improving economy will offset the rise in corporate
Bitcoin's Price: Bitcoin stayed above $98,000 but did not rise much. Gold & S&P 500: Both reached new record highs. Comparison: Bitcoin did not perform as well as Gold and the S&P 500. VanEck's View: The investment firm VanEck said Bitcoin
AUD/USD Drops Below 0.6400: The Australian Dollar (AUD) fell under 0.6400 against the US Dollar (USD) on Friday. Brief High Earlier: It had briefly crossed 0.6400, the highest since December 12. US Dollar Strength: A stronger US Dollar pushed the AUD/USD lower. RBA Governor’s