Stay on top of your trading with analyses of the latest market news.
Key points The FTSE 100 opens higher following stronger-than-expected UK GDP figures. Positive economic data sparks a cautious optimism in market forecasts, influencing company strategies and investor outlooks. The FTSE 100 is experiencing an upswing, buoyed by the UK’s latest …
Key points EUR/USD tests resistance at 1.0790 with potential to reach 1.0810 or 1.0865. Stock market rebound led by Utilities and Consumer Staples, showing strong gains post-April. After a rebound from the support level of 1.0725, the EUR/USD pair is …
Key points Wheat prices increased by 0.27% to $6.39-2/8 a bushel. Corn and soybeans also showed upward movements, recording gains of 0.22% and 0.02%, respectively. The most-active wheat contract on the Chicago Board of Trade (CBOT) rose to $6.39-2/8 a …
Key points The U.S. dollar declined against major currencies following softer jobs data, hinting at potential Federal Reserve rate cuts. Recent interventions in currency markets, particularly concerning the Japanese yen, and upcoming economic indicators could influence short-term trading strategies. The …
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