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Economic News
Market Overview May 1
In European trade on Tuesday, the euro fell against a group of significant competitors, retreating from two-week highs versus the dollar due to profit-taking ahead of significant inflation data for the eurozone.
Economic News
Market Overview April 24
While Middle East tensions persist, gold remains close to its historical highs. The rising tensions in the Middle East have caused traders to be cautious, which has kept the price of gold (XAU) high.
Economic News
Market Overview April 17
Tuesday saw losses in most US stock indices, with the exception of the Dow Jones, as corporate earnings results for the first quarter came in nonstop.
Economic News
Market Overview April 10
Investors are currently anticipating Fed Chair Jerome Powell's significant speech later today, which is anticipated to contain hints about the direction of US interest rates.
Economic News
Market Overview April 3
The dollar strengthened versus a group of significant competitors in European trade on Friday for the second day in a row, reaching five-week highs and heading into its second consecutive week of gains.
Economic News
Market Overview March 27
Monday saw a rise in the euro against a basket of significant competitors as investors sought to salvage the currency from three-week lows and awaited additional information regarding the direction of European interest rates.
Economic News
Market Overview March 20
Following data that revealed producer prices unexpectedly increased last month, the US market indexes fell on Thursday.
Economic News
Market Overview March 13
Tuesday saw a rise in US stock indices as a result of unexpected inflation data that altered market expectations for Fed policy.
Economic News
Market Overview March 6
After posting significant gains in February, the US market indices increased on Friday, with the NASDAQ on track to set a new record high.