News

1. U.S. Stock Markets Close for Independence Day Holiday: U.S. stock markets are scheduled to close on Thursday in observance of the Independence Day holiday. The S&P 500 index and the Nasdaq index, filled with technology stocks,…
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City strategists noticed net selling by long-term investment managers over the past week, with buying primarily focused on consumer and industrial goods, while purchases in the technology sector slowed. On the other hand, hedge funds…
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Goldman: Hedge funds sold global stocks at the fastest pace in two years in June Hedge funds continued to sell global stocks for the third consecutive month in June, recording the fastest pace of sales since June 2022, according to a…
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The US dollar settled near its highest level in about 38 years against the yen on Tuesday after US Treasury yields rose, as investors considered the possibility of Donald Trump winning the US presidency again. It remained close to its…
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The US dollar declined in European trading on Monday ahead of this week's key employment report, while the euro rose yesterday after the first round of voting in the French elections. The dollar index fell on Monday, which tracks the US…
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The debate between Donald Trump and Joe Biden carries significant implications for the U.S. economy due to their differing political orientations. Below are the key areas where their policies differ and the potential economic impacts. A…
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Wall Street indices closed Wednesday's trading with a slight increase, supported by Amazon (NASDAQ: AMZN). U.S. stock futures declined on Thursday, and sentiment deteriorated on Thursday after news from Micron Technology (NASDAQ: MU), a…
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Despite Bitcoin's ability to rise again above the $60,000 level, it is still hovering near a key support level, testing the nerves of cryptocurrency traders. After several days of massive price movements, culminating in yesterday's…
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The Australian dollar rose after a surprising jump in inflation on Wednesday, raising the possibility of another interest rate hike, while the US dollar continued to pressure the Japanese yen. Movements in other markets were relatively weak…
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Oil prices stabilized on Tuesday, retreating only slightly from the gains of the previous session due to escalating geopolitical tensions and expectations of improved fuel demand this summer, while investors await U.S. inflation data later…
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