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Market Analysis

Stocks Settle Lower as Chipmakers and AI Stocks Slump

The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.51%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.62%. September E-mini S&P futures (…

8 min read

US Dollar: Energy shock may delay renewed downtrend – MUFG

MUFG’s Derek Halpenny notes that ongoing Middle East conflict, stronger United States (US) data and crude Oil risks are limiting US Dollar (USD) selling. Better manufacturing and retail figures have not shifted Fed expe…

2 min read

New Zealand Dollar weakens as US strikes on Iran fuel risk aversion

NZD/USD declines on Friday, trading around 0.5830 at the time of writing, down 0.19% on the day, as investors seek safe-haven assets following a fresh wave of US strikes against Iran. The US Dollar (USD) benefits from t…

2 min read

Gold steadies below $4,000 as hawkish Fed outlook caps recovery

Gold (XAU/USD) holds firm on Friday but lacks bullish momentum as rising Oil prices revive inflation concerns and reinforce expectations that the Federal Reserve (Fed) could raise interest rates later this year.

5 min read

Nvidia and AMD Investors Must Be Prepared for Aug. 4

Aug. 4 is a major date for AMD (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) investors alike. It's when AMD reports second-quarter earnings, and it has major implications for both stocks.

4 min read

European Central Bank: Rates on hold but tightening bias – Nordea

Nordea’s Jan von Gerich expects the European Central Bank to leave policy rates unchanged at the July meeting, describing it as a pause rather than a shift in stance. Lower-than-expected June inflation and volatile Midd…

1 min read

Oil Headed For Sharp Weekly Gain As Middle East Conflict Escalates

(RTTNews) - Oil prices traded higher on Friday and headed for a sharp weekly gain amid escalating Middle East tensions as both the U.S. and Iran intensified military confrontation over control of the Strait of Hormuz.

1 min read