Stay on top of your trading with analyses of the latest market news.
Key points: China’s proposal to buy unsold homes lifts AUD/USD as the country attempts to support its struggling property market. This move is also positively affecting other major currencies like EUR, NZD, GBP, and CAD against the USD. China is …
Key Points: The Japanese yen (JPY) shows weakness against major currencies in response to risk-on sentiment fueled by potential US rate cuts. Revised March PPI data and strong April figures influence expectations, leading to a 51% likelihood of a Fed …
Key points Nasdaq closed at a record high driven by optimistic remarks from Fed Chair Jerome Powell and declining Treasury yields. Home Depot shares dip after earnings reveal a focus on smaller home projects, reflecting a shift in consumer spending …
Key points: Gold prices saw an increase on Tuesday, rising 0.4% to $2,344.39 per ounce, despite a drop the previous day. Upcoming U.S. inflation data crucial for gauging future Federal Reserve policy decisions and its subsequent influence on gold prices. …
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