October 9, 2024
S&P 500, Nasdaq advance as investors switch focus to upcoming inflation data
The S&P 500 and Nasdaq Composite rose, recouping some of the previous session’s losses, as investors shifted attention to upcoming third-quarter earnings and inflation data which may offer the next clues for how interest rate cuts will unfold
Read More
October 9, 2024
Canadian dollar weakens as oil tumbles
The Canadian dollar weakened to a seven-week low against its U.S. counterpart on Tuesday as the price of oil fell 4% and investors reassessed the outlook for Federal Reserve interest rate cuts.
Read More
October 8, 2024
Oil prices extend gains, lifting Brent crude towards $80
Oil prices rose more than 3%, with Brent surpassing $80 per barrel for the first time since August, as the increased risk of a region-wide Middle East war jolted investors out of record bearish positions amassed last month. The Oil-Dollar pair exploded 4.5% in the last session. The CCI indicates an overbought market.Support: 72.8667 | […]
Read More
October 8, 2024
Crypto adoption on track to hit 8% by 2025
Global cryptocurrency adoption is approaching a significant milestone, with 7.51% of the world’s population now using digital currencies, according to a report by MatrixPort. The report projects this figure to exceed 8% by 2025, signaling a potential shift of crypto from a niche market into mainstream financial systems.
Read More
October 8, 2024
AUD dropped 0.6%
The last session saw the Aussie fall 0.6% against the Dollar. The ROC is giving a negative signal.AUD dropped 0.6% against USD in the last session.The ROC is currently in the negative zone.Support: 0.6773 | Resistance: 0.6821
Read More
October 7, 2024
Meta’s stock gained 2.0%
Meta shares gained 2.0% in the last session. The MACD is giving a positive signal.Meta’s stock gained 2.0% in the last session.The MACD is currently in positive territory.Support: 563.6567 | Resistance: 592.9167
Read More
