The Nasdaq composite falls to its lowest level since early June, marking its worst two-day drop since September 2022. Read more to find out about the market implications and outlook.
CAD weakens against USD as the markets await the May manufacturing and wholesale sales data of Canada. Read more for forecasts and the market implications.
The yen (USDJPY) dominated currency markets this month, climbing to a near three-month high of 151.945 per dollar on Thursday. This is a major shift from its 38-year low of 161.96 per dollar at the start of the month. By …
Brent crude futures for September increased by 7 cents, reaching $82.44 per barrel as of 0014 GMT. Similarly, US West Texas Intermediate (WTI) crude for September rose by 4 cents, hitting $78.32 per barrel.
Key points: The euro slipped further below its weekly peak, driven by technical trading. The US dollar continues to gain strength, supported by strong economic data. Upcoming US GDP and PCE data are expected to influence market movements. The EURUSD …
Tesla stock falls following Q2 earnings miss. CEO Elon Musk forecasts a $5 trillion valuation with robotaxis. Read more for market implication.
Gold prices fell nearly 1% on Thursday as investors took profits ahead of key U.S. economic data. Spot gold dropped 0.9% to $2,377.29 per ounce by 0217 GMT, while U.S. gold futures declined 1.6% to $2,376.70.
Key points Yen rose over 0.5% to 152.835 per dollar, its highest in 2.5 months. Australian and New Zealand dollars fell on weak commodity prices. Euro and Sterling also struggled amid broader market risk aversion. On Thursday, the yen experienced …
Copper prices fell low as physical demand in China weakens. Some market optimism remained due to the prospect of infrastructure and renewable energy investments.
The S&P 500 rallied with tech shares like Nvidia surging. Biden’s decision not to seek re-election adds volatility. Read more on the latest market trends and forecasts.
