Stay on top of your trading with analyses of the latest market news.
Key points: ISM services report shows higher business activity and faster new orders growth. The US dollar sees a slight recovery but remains under pressure ahead of Friday’s NFP report The latest Institute for Supply Management (ISM) services report revealed …
Key points: S&P 500 and Nasdaq indexes hit record closing highs, driven by technology stocks. Private payrolls data shows slowdown in May, indicating potential for Fed rate cuts. On Wednesday, the S&P 500 and Nasdaq indexes soared to record closing …
Key points: ECB expected to announce a 25-basis point interest rate cut on Thursday, the first since 2019. EURUSD is likely to face downward pressure with such a dovish stance from the ECB. The European Central Bank (ECB) is poised …
Key points: Bank of Canada cuts interest rates for the first time in four years, signaling more to come. Canadian dollar (CAD) experiences mixed performance against other currencies following rate cut. Homeowners across Canada are breathing a sigh of relief …
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