Monday trading may start cautiously, with investors focusing on retail earnings, housing market signals, and global economic updates. Energy and interest-sensitive sectors may experience early-week volatility as traders await critical midweek data and Federal Reserve signals. Expect a steady buildup …
USDX Hits New Highs as Market Optimism Persists The US Dollar Index (USDX) has maintained its upward trajectory, recording a recent high of 106.969. The steady climb reflects a shift in market sentiment, driven by both economic expectations and political …
Gold Drops to Eight-Week Low as the U.S. Dollar Surges Gold dropped to an eight-week low on Thursday, down 0.4% to $2,561.20 per ounce, as the U.S. dollar climbed to a one-year high and Treasury yields reached their highest level …
Midweek on Wednesday, markets will be heavily focused on inflation data, economic indicators, and key corporate reports that could shape investor sentiment and influence central bank policy expectations.With CPI data as a focal point, Wednesday could see significant volatility across …
Oil Prices Consolidate Along Upcoming OPEC Monthly Report Oil prices were largely unchanged in early trading on Tuesday, with Brent crude futures sitting at $71.82 a barrel, down 1 cent, and U.S. West Texas Intermediate (WTI) at $68.07, up 3 …
The start of the week on Monday, November 11, 2024, will set the tone as investors focus on a mix of economic data and early-week earnings.Investors may start the week cautiously as they await inflation data and the tail end …
Oil prices eased slightly after a brief rally, as traders weighed supply risks from Hurricane Rafael and potential policy changes under President-elect Trump. Adding to the pressure, China’s oil imports dropped, while US crude inventories rose, creating a mixed outlook …
As we reach midweek on Wednesday, 6 November 2024, markets will be heavily influenced by a combination of macroeconomic updates, corporate earnings, and geopolitical developments. More importantly the outcome of the US presidential election. KEY INDICATORS Donald Trump defeats Kamala …
This week, wheat, corn, and soybean futures are moving slightly as poor US crop conditions and dry weather in key growing regions raise supply concerns. With the US election possibly affecting trade policies, traders await the USDA’s upcoming report, which …
Kicking off the first full week of November, markets on Monday, 4 November 2024, will be highly attuned to economic signals, central bank guidance, and ongoing earnings reports. Additionally, all eyes will be on the start of the US elections …
