Latest Market News
The US 30 stock index is rising rather actively as part of a correction after the decline. The main driver is the buyback operations of the companies. The US 30 index forecast remains pessimistic. US 30 forecast: key trading points Recent data: initial jobless claims reached 227,000 Economic indicators: inflation and employment market indicators are […]
The NZDUSD rate rises on Friday after rebounding from the 0.5975 support level. Find out more in our analysis dated 16 August 2024. NZDUSD forecast: key trading points New Zealand’s manufacturing PMI increased to 44 points in July New Zealand’s producer inflation rose by 1.4% in Q2 2024 The Reserve Bank of New Zealand governor […]
A deterioration in the actual US index data may push the USDCAD pair lower. Find out more in our analysis dated 14 August 2024 USDCAD forecast: key trading points The Thomson Reuters/Ipsos primary consumer sentiment index in Canada (PCSI): previously at 46.97 The US consumer price index (m/m) for July: previously at -0.1%, projected at […]
The EURUSD pair is experiencing a substantial rise. The market counts on weak economic signals from the US. Find out more in our analysis dated 14 August 2024. EURUSD forecast: key trading points The EURUSD pair has reached a new high in seven trading sessions The market is increasingly confident about a substantial Federal Reserve […]
The US Tech stock index has fallen by more than 28% from its highest levels. The ongoing corrective rise does not suggest a reversal of the current downtrend. Therefore, the US Tech index forecast is negative, with further declines anticipated. US Tech forecast: key trading points Recent data: the US PPI index rose by 0.1% […]
XAUUSD quotes are testing the upper boundary of a triangle pattern, which may lead to a breakout. Find out more in our analysis dated 14 August 2024. XAUUSD forecast: key trading points Annual producer inflation slowed to 2.2% in July, approaching the Federal Reserve 2% target New data on easing US inflation supported expectations for […]