“A station of success has been completed on TNFX‘s journey of continuous achievements!” The first and second day of “ForexExpo-India 2023” concluded, We were pleased to meet everyone who visited us, where the company was present with the team of experts to respond the visitors’ inquiries about financial markets, trading and investment opportunities in general, …
The Dollar extended its advance on Tuesday as traders await the upcoming inflation figures from the U.S., in the meantime, stocks retreated after Moody’s downgraded several U.S. banks and placed many others under review. The rating agency said that banks will face many challenges to be profitable in a rising interest rates environment. Moreover, some …
The U.S. Dollar was little changed on Monday due to the lack of economic releases while the three major indexes started the week on a positive note. The S&P500 and the Nasdaq managed to rebound snapping a four-day losing streak. The U.S. stock market’s bullish momentum was supported by better-than-expected corporate earnings as 80% of …
Major U.S. stock indexes ended last week on a negative note following less-than-expected Nonfarm payrolls. The U.S. economy added 187,000 new jobs in July against expectations of 200,000, in the meantime, the average hourly earnings came out higher than forecasts at 0.4% while the unemployment rate fell to 3.5% down from 3.6%. Moreover, both the …
Fears have increased significantly with the escalation of expectations by economic experts and analysts of a possible economic recession in 2023, the global economy in 2022 witnessed a difficult period in which it was severely affected by the repercussions resulting from the outbreak of the Covid-19 pandemic and the global lockdown measures associated with it, …
U.S. stocks retreated on Thursday as the recent U.S. downgrade continue to weigh on market sentiment. The rise in the 10-year bond yields is putting more pressure on the market in the near term after yields approached their highest level since November 2022. All major U.S. stock indexes closed in the negative territory with the …
The U.S. Dollar extended its advance on Wednesday following stronger-than-expected ADP non-farm employment figures. Private sector employment increased by 324,000 jobs in July compared to forecasts of 189,000 only. This positive surprise is confirming the recent strength seen in the U.S. labor market. However, the market sentiment has turned negative as stocks suffered from a …
The U.S. Dollar started the new month on a positive note, meanwhile, U.S. stocks had a mixed close on Tuesday. The 30-stock index posted modest gains after rising 0.20%, conversely, the S&P500 dropped 0.27% and the Nasdaq composite fell 0.43% after the ISM manufacturing PMI came out below expectations. July was a good month for …
The U.S. Dollar ended July on a positive note, meanwhile, U.S. stocks extended higher as all three major indexes advanced on Monday. The 30-stock index posted modest gains after rising 0.28%, the S&P500 added 0.15% and the Nasdaq composite climbed 0.21%. July was a good month for the U.S. market, investors’ confidence has grown following …