Stocks

Key points: S&P 500 and Nasdaq indexes hit record closing highs, driven by technology stocks. Private payrolls data shows slowdown in May, indicating potential for Fed rate cuts. On Wednesday, the S&P 500 and Nasdaq indexes soared to record closing …

Key points: Nikkei falls 0.45% to 38,749.25 after approaching 39,000 points. Investors take profits after two consecutive days of gains. Japan’s Nikkei share average fell on Tuesday as profit-taking set in after Japanese equities rebounded close to the 39,000-point mark …

Key points:  The market cap of Nvidia surged by $700 billion in May, now valued at $2.7 trillion.  Apple faces challenges with a monopoly lawsuit and declining sales in China.  AI dominance drives the rapid growth in Nvidia, bringing in …

Key points: ECB Rate Cut sees possible 25 basis point reduction with future signals being key. In the US, NFP release on Friday could prompt re-pricing of US interest rate cuts. The European Central Bank (ECB) is set to cut …

Key points: Dollar index (DXY) remains flat just above 104.50 EUR/USD and GBP/USD fail to break key levels U.S. consumer confidence rises unexpectedly in May The dollar showed little direction on Wednesday, despite the rise in the U.S. Conference Board’s …

Key points:  Nasdaq composite index closed at a record high of 16,920.79, gaining 1.3% last week.  Impressive earnings report from Nvidia drives investor interest in AI-related stocks.  Nasdaq achieves nearly 9% gain in May, leading major indices.  The Nasdaq composite …

Japanese CPI eased in April; record wage rises haven’t impacted general prices. BoJ’s challenge: Hiking into economic weakness with uncertain inflation path. Nasdaq Composite, S&P 500, Dow Jones all saw dips Nvidia shares surged over 9%, topping $1,000 for the …

Key points: Nikkei declines 1.17%, impacted by U.S. economic data. U.S. 10-year bond yield climbs, influencing global markets. Japan’s Nikkei share average fell sharply on Friday, reflecting declines on Wall Street. Strong U.S. economic data has stoked bets that persistent …

Gold (XAU/USD) experienced a sharp drop on Wednesday, settling just above the important support level of $2,375. This support is vital for bulls, as holding this line could prevent a deeper retracement towards $2,360. Should the weakness continue, the focus …

Key Points: The DXY index declined significantly due to softer-than-expected CPI figures, indicating a potential return to a disinflationary trend. Federal Reserve speculation rises as inflation data suggests possible easing of monetary policy in the fall. The U.S. Dollar Index …