March 28, 2024
Asian Daily Market Review
Asian markets ended Thursday mixed as investors digested the possibility of delays to interest rate cuts in the U.S. after a Fed official floated the idea on Wednesday. Japan’s Nikkei was the biggest loser in the region, with the Yen remaining near a 34-year low amid speculation that the Bank of Japan is preparing for […]
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March 28, 2024
Oil Prices Rallied
Oil prices are into solid positions, following two consecutive days of losses. This is the case as markets predict more limited supply levels.OPEC+ producer alliance are very expected to preserve the present production reduction levels. Now, oil trades at $82.56, which is a gain of $0.91 or 1.12% from the previous close of $81.65. The […]
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March 28, 2024
Will The Bank Of Japan Intervene With The Yen?
Talk of intervention by the Bank of Japan is heating up as the Yen remains near a 34-year low against the U.S. dollar. The Yen reached a level of 151.97 against the U.S. dollar on Wednesday, something not seen for the currency pair since 1990. After hitting that level the Yen pared some of its […]
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March 27, 2024
Gold Surpasses $2,200 Level
At the close, spot gold was up 0.5% at $2,189.89 per ounce. U.S. gold futures settled 0.6% higher at $2,212.7. Gold prices leapt above the $2,200 level on Wednesday as investors prepare themselves for upcoming inflation data that is hoped to provide further signs that the Federal Reserve can move ahead with interest rate cuts […]
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March 27, 2024
European Daily Market Review
European stocks are without a clear market direction today as market momentum wanes. The regional Stoxx-600 lost 0.04% at 9:50 a.m. in London, with retail stocks rallied 1.65% as travel stocks fell 0.65%. The German DAX secured 64.45 or 0.35% from 18,448. The French CAC-40 gained 8.77 or 0.11% from 8193.FTSE-100 slipped 22.29 or 0.28% […]
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March 27, 2024
U.S. Daily Market Review
The S&P-500 jumped today following a weaker session.The Dow Jones Industrial Average gained 254 points, or 0.6%. The Nasdaq Composite fell 0.1%.Shares of Coinbase tumbled around 2% this morning after a judge ruled the Securities and Exchange Commission has pleaded that the crypto services company operates as an exchange under federal securities law. Trump Media […]
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