Indices

Key points Nasdaq closed at a record high driven by optimistic remarks from Fed Chair Jerome Powell and declining Treasury yields. Home Depot shares dip after earnings reveal a focus on smaller home projects, reflecting a shift in consumer spending …

Key Points: The Hang Seng Index rose by 0.80%, closing at 19,115.06, while the Hang Seng China Enterprises Index increased by 0.64% to 6,761.64. China’s central bank data indicates a significant drop in aggregate financing, hinting at cautious monetary policy …

Key points The FTSE 100 opens higher following stronger-than-expected UK GDP figures. Positive economic data sparks a cautious optimism in market forecasts, influencing company strategies and investor outlooks. The FTSE 100 is experiencing an upswing, buoyed by the UK’s latest …

Key points EUR/USD tests resistance at 1.0790 with potential to reach 1.0810 or 1.0865. Stock market rebound led by Utilities and Consumer Staples, showing strong gains post-April. After a rebound from the support level of 1.0725, the EUR/USD pair is …

Key points Hong Kong’s Hang Seng Index and HSCEI experienced significant declines as markets brace for upcoming Chinese trade data. Investors are closely watching for insights into China’s economic condition through detailed export and import figures due tomorrow. On Wednesday, …

Key points The Nikkei share average fell by 1.6% to 38,202.37, erasing previous gains. Corporate earnings and U.S. economic indicators significantly influenced market movements. Japan’s Nikkei share average dipped over 1% on Wednesday, retreating from the multi-week highs observed in …

Key points South Korean shares climbed on investor hopes for U.S. Federal Reserve rate cuts and positive U.S. stock movements. South Korea’s foreign exchange reserves fell in April, while corporate earnings from Kumho Petrochemical indicated a decline in net income. …

This week, the financial markets have displayed resilience, particularly evident in U.S. stocks buoyed by an impressive earnings season—the most robust in nearly two years. The S&P 500 reported a notable 5% year-over-year growth in earnings per share for Q1 …

With 65.61% of traders expecting a downturn in USD/JPY, conventional wisdom might suggest preparing for a decrease. However, the market often defies direct expectations, and the relatively high ratio of bears might hint at an overcrowded trade. For EUR/JPY, the …

Key Points: Asian stocks reach new heights with investors expecting U.S. Federal Reserve rate reductions. The yen declines after Tokyo’s apparent efforts to strengthen it last week. Asian stocks reached their highest levels in more than a year this Monday, …