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 […]
Gold Price Dynamics and Market Sentiment amidst Dollar Weakness and Fed Rate Cut Speculations
Gold Price Dynamics and Market Sentiment amidst Dollar Weakness and Fed Rate Cut Speculations Harvest Global Markets : The Gold price (XAU/USD) shows renewed upward movement on Tuesday, rebounding from a recent three-week low near the $2,017-2,016, spot prices, range recorded the previous day. The increase in US Consumer Inflation Expectations reduces expectations that the Federal […]
US Natural Gas Futures Spike on Cold Weather Hopes
US Natural Gas Futures Spike on Cold Weather Hopes Harvest Global Markets : US natural gas futures reached a one-month high of $2.83/MMBtu in the first week of 2024, driven by increasing seasonal demand attributed to anticipated cold weather, especially in the Midwest expected between January 8-12. However, looking ahead, the Northern Hemisphere is projected to […]