Stay on top of your trading with analyses of the latest market news.
Key points: US nonfarm payrolls exceed expectations with 272,000 new jobs in May. Strong job gains complicate the trajectory of the anticipated rate cut by the Federal Reserve. A high interest rate prospects boost the US dollar and impact gold …
The Federal Open Market Committee (FOMC) chose to maintain the federal funds rate at its meeting on May 1, marking the sixth consecutive meeting without a change. This decision was influenced by earlier inflation data and robust job growth, which …
Key points: Brent crude futures rise to $79.89 per barrel; WTI crude futures reach $75.59. Oil prices supported by reassurance from Saudi Arabia and Russia about potential adjustments to supply agreements. Prices set for the third consecutive week of declines …
Key Points: Nvidia surpasses Amazon and Apple to become the second-largest US company. Shares of Nvidia close at a record $1,224.40, bringing the company to a market cap of $3.01 trillion. Elon Musk orders thousands of AI chips from Nvidia, …
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