Introduction In the constantly evolving world of finance, investors and market enthusiasts always have their eyes set on the economic calendar. It’s a critical tool that highlights significant events that might influence market movements. Here’s a comprehensive overview of what to expect from the economic calendar for the week of August 13 to August…
Navigating the complex world of the stock market can be daunting. Fortunately, analyzing current market sentiments, insights from top professionals, and recent events can offer us a clearer picture of the direction in which the market is heading. **1. The Bull Keeps Running Despite challenges like heat, humidity, and Federal Reserve rate hikes, the stock…
Have you ever felt the weight of change in the price of your daily commodities? Well, that’s inflation at play. Today, we’re diving deep into the CPI announcement, and the ripples it’s sent across interest rates. Understanding CPI’s Rise July witnessed the Consumer Price Index (CPI) rising by 3.2% from its position a year ago.…
The world of forex trading offers a myriad of choices for traders, not only in terms of currency pairs but also in the selection of the right broker. Central to this decision is the understanding of spreads, a pivotal factor in determining the profitability of a trade. In this detailed analysis, we dive deep…
Markets are fickle entities, ever-evolving and always ready to surprise. But with the right foresight and data, one can craft an informed strategy. As you ponder what to look for in the markets tomorrow, consider the insights shared from various sources. Stock Market Gains and Their Sustainability After witnessing a fairly steady run in…
Key Performance of Major Currencies At the onset of the week, the NZD/USD demonstrated minimal gains, just above its kickoff price of approximately 0.6095. This follows the USD’s recovery after a notable sell-off observed post Nonfarm Payrolls (NFP) on the preceding Friday. Although markets have been evaluating the recent job reports from the US,…
As the global marketplace for gold keeps evolving, it’s essential to stay updated on the latest news. Here are the crucial updates on the gold market for June 27, 2023. Market Analysis One of the notable analytical tools for active intra-day gold futures traders and market watchers is the 5-minute bar chart for Comex gold…
The U.S. Dollar (USD) remains at the center of global financial dynamics, exhibiting the multifaceted impact of worldwide economic trends and the U.S. Federal Reserve’s policy decisions on the currency’s performance[3]. This article provides an up-to-date review of recent developments involving the USD. As of late June 2023, the Federal Reserve, under the leadership of…
Forex or the foreign exchange market, renowned as the world’s largest financial market, presents vast opportunities for traders. Many traders apply a ‘buy and hold’ strategy in Forex trading, where they purchase currency pairs and hold them for an extended period. Despite its apparent simplicity, this strategy comes with certain pitfalls that can lead to…
Investing in the stock market can be a complex endeavor, with various factors influencing market movements on a daily basis. In today’s trading session, the Dow Jones Industrial Average managed to end higher despite some stumbling in the technology sector. This rise was primarily driven by a surge in energy stocks, which offset the weakness…