Russia is fighting back from the recent Ukraine offensive. Witnesses are reporting that the third round of explosions have been heard in the Ukraine capital of Kyiv. Earlier this reported that Russia launched drone attack on Kyiv. According to the Ukraine military, air defense systems were reportedly operating in the region to fight back against the offensive. This article…
Speaking to Reuters after concluding a three-day trip to the Middle East, US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, said early Tuesday that fears of a near-term broader Middle East conflict have ebbed after Israel and Lebanon’s Hezbollah exchanged fire without further escalation. However, the US top General warned that “Iran still poses…
The S&P 500 took a breather and edged lower on Monday after the bullish fairy dust sprinkled onto the markets by two prominent central bankers last week began to settle. Last Friday, Federal Reserve Chair Jerome Powell and Bank of Japan Governor Ueda made comments that sent bullish vibes to markets, leading to a rally in stocks. Ueda’s Dovish Tone…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
GBP/USD pulled back on Monday, snapping a seven-day win streak. UK market flows were crimped with an extended weekend. Investors forced to wait until the end of the week for meaningful data. GBP/USD trimmed recent gains to kick off the new trading week, slipping back below the 1.3200 handle on Monday and wrapping up a seven-day winning streak that…
Apple is announcing a change in its senior management as Luca Maestri its current CFO will step down as of January 1 and be replaced by Kevan Perakh. Apple shares are trading around -0.7 in after-hours trading, after closing higher by 0.15% today. This article was written by Greg Michalowski at www.forexlive.com.
Dow Jones taps a new record high despite thin volumes. Moves in equities remain limited as investors recover from Fed splurge. Key US inflation data looms large at the end of the week. The Dow Jones Industrial Average (DJIA) slipped higher to test a new record high of 41,419.65 on Monday, but investors are still recovering from last Friday’s…
2024.08.26 2024.08.26 US Dollar Dispels Recession Fears. Forecast as of 26.08.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The market received a clear signal that the Federal Reserve’s monetary expansion cycle would begin in September, and it started buying the EURUSD pair against the European Central Bank’s actions. However, the central banks’ decisions will depend on the incoming data. Let’s discuss this topic and…
. Comments from Daly on Bloomberg TV: Hard to imagine anything that could derail Sept rate cut Time to adjust policy is upon us Don’t want to keep making policy tighter as inflation comes down The risks to our goals are now balanced Most likely outcome is that we continue to see gradual inflation slowing, sustainable pace of labor…
Caterpillar benefits from solid Durable Goods Orders data on Monday. NASDAQ, growth stocks move lower on the good economic news. Dow Jones Industrial Average hits new all-time high. CAT stock looks likely to retest resistance zone in the $360s. Caterpillar (CAT) is moving higher on Monday in sharp contrast to the wider market. The NASDAQ and S&P 500…
