A mixed performance characterizes the dollar’s movements within a narrow trading range before FOMC
A mixed performance characterizes the dollar’s movements within a narrow trading range before FOMC H.G Markets : The dollar index ascended above 103.5 on Wednesday, nearing seven-week peaks as investors readied themselves for the Federal Reserve’s initial monetary policy pronouncement of the year. The central bank is anticipated to maintain interest rates at their current level, […]
Oil Bounces 1.5% In New Year after U.S. Powers Repulse Houthis In Red Ocean
Oil Bounces 1.5% In New Year after U.S. Powers Repulse Houthis In Red Ocean H.G Markets : Oil prices rose on Monday as Houthi rebels increased their attacks on vessels in the Red Sea, hitting a fuel tanker operated by Trafigura, adding to concerns about supply disruptions in the Middle East. Dangers of an extending struggle […]
Global Headwinds Testing Stock Market Records
Global Headwinds Testing Stock Market Records H.G Markets : On Friday, US stock futures experienced a decline following disappointing results from Intel, which led to a more than 10% plunge in extended trading. Intel’s weaker-than-expected first-quarter guidance had a ripple effect on industry peers such as NVidia (-1.7%), AMD (-3.4%), and Broadcom (-1.3%). In the previous […]
The dollar declines from its highs as risk appetite improves
The dollar declines from its highs as risk appetite improves H.G Markets : In early European trade on Wednesday, the US dollar pulled back from its six-week highs as risk appetite increased. Meanwhile, the euro struggled to gain traction ahead of the European Central Bank (ECB) policy meeting later in the week. The Dollar Index, which […]
Due To Great Administration of US Specialists No Supply Disruptions in Gas Supplies
Due To Great Administration of US Specialists No Supply Disruptions in Gas Supplies Harvest Global Markets : This month, a virus front cleared across quite a bit of Europe and goliath big haulers that help fuel through the Red Ocean were rerouted to try not to heighten viciousness. That ought to have pushed gas costs higher. […]
UK Retail Sales Drop 3.2% in December, Raising Fears of a Recession
UK Retail Sales Drop 3.2% in December, Raising Fears of a Recession Harvest Global Markets : The UK economy came under increased scrutiny on Friday as it struggled with a sharp drop in retail sales, which dropped by 3.2% in December after a strong 1.4% increase in November. This number exceeded the expectations of economists, who […]
The price of oil declines due to China’s economic rebound falling short of expectations and a stronger U.S. dollar
The price of oil declines due to China’s economic rebound falling short of expectations and a stronger U.S. dollar Harvest Global Markets : On Wednesday, the price of oil experienced a decline of more than $1, attributed to China’s economic growth, which fell slightly below expectations. This raised concerns about future oil demand, especially as the […]
Dollar Loses Ground as Federal Reserve’s Cut Possibilities Rise
Dollar Loses Ground as Federal Reserve’s Cut Possibilities Rise Harvest Global Markets : The dollar ebbed on Monday as investors resuscitated their wagers of early rate cuts by the Central bank, while the yuan tumbled to a one-month low after China’s national bank shocked markets by keeping its medium-term strategy rate consistent. Contrary to market expectations, […]
Earnings Reports Deliver Varied Results; Hawkish Inflation Figures Dampen Expectations for Rate Cutsa
Earnings Reports Deliver Varied Results; Hawkish Inflation Figures Dampen Expectations for Rate Cutsa Harvest Global Markets : On Friday, US stock futures showed negative trends, experiencing declines of approximately 0.5% each across the three major averages, marking the initiation of the earnings season. In premarket trading, Delta Airlines witnessed a decline of over 5%, despite surpassing […]
Oil prices climb amid disruption in Middle East. Focus shifts on a inventory data
Oil prices climb amid disruption in Middle East. Focus shifts on a inventory data Harvest Global Markets : Oil prices advanced in Asian trade on Wednesday, extending a recent rebound as signs of supply disruptions in the Middle East persisted, while industry data pointed to another week of sharp builds in U.S. product inventories. Crude prices […]