Daily Market Report
Global stocks closed higher on Monday after UBS took over Credit Suisse which helped to ease investors’ fear. All three US indexes managed
Global stocks closed higher on Monday after UBS took over Credit Suisse which helped to ease investors’ fear. All three US indexes managed
The ECB raised interest rates by 50bps on Thursday and will be closely monitoring future inflation developments in the Euro area to decide its next move.
In the US, the three major indexes closed higher as First Republic Bank and Credit Suisse secured funding of $30 billion and $54 billion respectively. In the FX market, the US Dollar was down yesterday, heading for a modest decline ahead of the weekly close.
Gold rallied on Wednesday while global stocks suffered another selloff amid Credit Suisse fears. In the US, the Dow Jones ended the day
The US Dollar extended its decline on Monday as traders await the latest change in inflation. The FED is actively monitoring inflation levels
The US Dollar retreated on Thursday while major US stock indices extended the decline. The Dow fell more than 500 points, the S&P500
Following Tuesday’s sharp decline, US major stock indices managed to stabilize yesterday while the US Dollar remain steady as market participants are trying
The US Dollar started the week on a negative note as traders await Fed’s Powell speech and the latest change in the Non-Farm
US stocks closed higher on Thursday after being under pressure since the beginning of the week. The turnaround came after comments from Atlanta
Both the S&P500 and Nasdaq composite fell on Wednesday as bond yields extended their advance. The 10-year yield topped 4% which is the
US stocks managed to rebound and reverse early losses on Thursday after the recent FED meeting minutes raised concerns over the interest rates
The US Dollar extended its advance while the US stock market continue to face more selling pressure after the release of the latest
The US stock market was closed on Monday in observance of President’s Day.Last week all US major stock indexes were down while the