Forex Archives - Spark Newswire

2 minute read

Asia Markets Mostly In Red, Europe Up, Gold Crosses $2K – Global Markets Today While US Was Sleeping

Yesterday, 7:08 AM

On Tuesday, November 28th, the U.S. stock markets closed higher, driven by mixed signals from Federal Reserve officials and buoyant consumer data.

ADIV

2 minute read

Dollar Decline: Stock Market Rally Explains 70% Of Recent US Dollar Downtrend, Says BofA

By Neil Dennis

November 28, 1:58 PM

Since hitting an 11-month high in early October, the US dollar index (DXY) has fallen 3.8% and this has been largely due to investors backing the recent equity market rally, analysts at Bank of America said on Tuesday.

AAPL

2 minute read

Asian Markets Mixed, Europeans In The Red; Gold Stays Above $2K, Crude Oil Remains Over $75 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

November 28, 7:45 AM

On Monday, November 27th, U.S. stock markets closed in the red as investors paused following Thanksgiving to focus on upcoming inflation data, consumer confidence, and spending. In economic data, U.S. new home sales in October fell 5.6% to an annual rate of 679,000, below estimates of 723,000. This decline contributed to a cautious market mood.

ADIV

2 minute read

Asian And European Markets Dip; Gold Trades Above $2K, Crude Oil Approaches $75 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

November 27, 7:51 AM

On Friday, November 24th, U.S. stock markets closed mixed with minimal changes in a holiday-shortened trading session. In economic data, the U.S. services PMI by S&P Global increased to 50.8 in November from 50.6, the highest in four months and above forecasts of 50.4, and the manufacturing PMI dropped to 49.4 from 50, falling short of the expected 49.8.

ADIV

3 minute read

Investors Ditch US Dollar At The Fastest Pace In A Year

By Neil Dennis

November 24, 11:13 AM

Traders believe the Fed has no further rate hikes up its sleeve and will begin cutting in 2024.

IBTO

2 minute read

Stocks Grind Higher, Oil Rallies, Dollar Falls: What’s Driving Markets Monday?

By Piero Cingari

November 20, 2:34 PM

U.S. stocks are kicking off the Thanksgiving holiday week on a positive note, with all major Wall Street indices trading in the green as of midday in New York.

AMAT

2 minute read

Asian Markets Mixed; Europe In Green, Crude Oil Below $75, Gold Nears $2K – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

November 17, 8:06 AM

On Thursday, November 16th, U.S.

ADIV

2 minute read

Asian Markets In Red, European Mixed, Crude Oil Above $75: Global Markets Today While US Was Sleeping

By Akanksha Bakshi

November 16, 10:12 AM

U.S.

ADIV

2 minute read

Asia Closes Higher, Europe Markets Trade In Green As Inflation Eases – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

November 15, 8:10 AM

On Tuesday, November 14th, the U.S. stock markets closed sharply higher, driven by inflation data that was milder than anticipated, bolstering beliefs that the Federal Reserve might have finished increasing interest rates. In economic data, the U.S. annual inflation rate slowed to 3.2%, down from 3.7% in September and August, slightly below the market forecast of 3.3%.

ADIV

2 minute read

Asia Mostly Up, Europe Markets Gain In Anticipation Of US Inflation Data, Crude Nears $80 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

November 14, 7:57 AM

On Monday, November 13th, the U.S. stock markets closed mixed as investors awaited key inflation data that might shed light on the duration of the U.S. Federal Reserve's high-interest rate policy. In the 11 key sectors of the S&P 500, energy emerged as the top performer, while utilities experienced the largest decline.

ADIV