Market Analysis

29 January 2024
Forex Market Analysis: Key Economic & Tech Events 29 Jan 2024

Forex Daily Market Analysis: 29 Jan 2024 CURRENCIES: Overview: The final week of January is known for its high activity, and this year is no exception. The economic calendar is packed with crucial events, including decisions from the Federal Reserve …

29 January 2024
Week Ahead: Focus on Fed Rate decision and Non-Farm Payroll data

Looking ahead from the final week of January, traders and investors are gearing up for a bustling week filled with significant economic events. These developments are poised to shape market dynamics, with a particular focus on inflation trends, economic growth …

26 January 2024
Forex Market Analysis: Core PCE Data & Media Trends 27 Jan 2024

Daily Forex Analysis: 27 Jan 2024 CURRENCIES: Event Overview: US Dollar Forecast focuses on upcoming Core Personal Consumption Expenditures (core PCE) data. Release date: January 26, 2024, at 12:30 AM +02:00. Importance of Core PCE Data: The U.S. Bureau of …

26 January 2024
S&P 500 Hits New Record, Nasdaq Resilient Despite Tesla Slump

In a week marked by mixed market performance, the S&P 500 soared to a new closing record, while the Nasdaq faced challenges due to Tesla’s post-earnings decline. Positive economic indicators, including robust U.S. GDP growth and encouraging inflation data, influenced …

25 January 2024
Forex Market Analysis: Dollar and Tesla 25 Jan 2024

Forex Markets Analysis: 25 Jan 2024 CURRENCIES: U.S. Dollar faced a decline despite positive economic data on Wednesday Potential for a reversal in the dollar’s fortunes in the upcoming days Market attention shifts to the fourth-quarter U.S. GDP report U.S. …

25 January 2024
Tech Surge Propels S&P 500 to Record Highs, but Mixed Performance for Dow Jones

On Wednesday, the stock market exhibited a blend of movements as the S&P 500 set a new record high, driven by a technology stock rally led by Netflix. While the S&P 500 and Nasdaq Composite saw positive gains, the Dow …

24 January 2024
Forex Market Analysis: Precious Metal Trends 25 Jan 2024

Forex Daily Analysis: 25 Jan 2024 CURRENCIES: Overview: Gold and Silver Struggle Heavyweight US data releases anticipated later this week. Latest Fed rate expectations indicate six quarter-point cuts this year. Gold and Silver prices experience challenges, but the sell-off is …

24 January 2024
Netflix’s Record-Breaking Subscribers Propel Tech Stocks, Nasdaq Futures Surge in 2024

After Netflix’s stellar fourth-quarter performance, Nasdaq 100 futures experienced a significant boost in Tuesday evening trading. Fueled by Netflix’s impressive subscriber growth of 13 million, reaching a record 260.8 million, tech-heavy Nasdaq 100 futures rose by 0.28%, contributing to the …

23 January 2024
Forex Market Analysis: Record Highs in the US and a Prolonged Rout in Chinese Equities 23 Jan 2024

Forex Markets Analysis: 23 Jan 2024 CURRENCIES: The NASDAQ, S&P 500, and Dow Jones have all achieved new record highs, signaling a complete reversal of the recent stock market dip from December to early January. In Japan, the Nikkei 225 …

23 January 2024
Dow Surges Past 38,000, United Airlines’ Stock Soars After Q4 Results

On Monday, the Dow Jones Industrial Average achieved a historic high above 38,000, accompanied by a surge in United Airlines’ stock following strong fourth-quarter results. However, concerns about the grounding of Boeing 737 Max 9 planes led to an anticipated …