EUR/USD continues its upward momentum for the second straight session, trading near 1.1390 on Monday. The euro is gaining strength after Bloomberg reported that former U.S. President Donald Trump agreed to postpone the implementation of a 50% tariff on European Union (EU) imports until July 9. On Sunday, European Commission President Ursula von der Leyen […]
Entering the world of stock market investing involves familiarizing yourself with a wealth of terminology and understanding the nature of the various financial instruments available. Among these, ETFs (Exchange-Traded Funds) have gained significant prominence, sparking growing interest among investors of all levels. The recurring question, “What is an ETF?” underscores the need for a clear […]
Key Points To Watch Out For: Target (TGT): Weak Sales, but Unexpected Rebound in Shares Target surprised the market with a surge in its premarket shares, despite results showing weaker-than-expected sales and a cut to its annual forecast.The company cited uncertain consumer spending and potential impacts from tariffs. Still, shares benefited from a possible prior […]
U.S. stock index futures declined early Wednesday, extending the previous session’s losses amid ongoing concerns over the U.S. economy, trade tensions, and interest rate outlook. As of 05:30 ET (09:30 GMT), Dow Jones futures dropped 265 points (0.2%), S&P 500 futures fell 35 points (0.6%), and Nasdaq 100 futures slipped 135 points (0.6%). Wall Street’s […]
The U.S. dollar continued to decline on Wednesday, weighed down by uncertainty surrounding President Donald Trump’s proposed tax and spending bill. Meanwhile, the British pound gained ground following stronger-than-expected inflation data. As of 04:30 ET (08:30 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—dropped 0.4% to 99.595, extending […]
EUR/USD gained for a second consecutive session on Tuesday, lifting the pair closer to the 1.1300 mark. While bullish momentum has returned in the near term, the euro remains well below the multi-year highs near 1.1575. Strong support from key moving averages has provided a technical floor, and market sentiment remains cautiously optimistic that traders […]
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for deciding on several proposed exchange-traded funds (ETFs) tied to Solana and other cryptocurrencies, according to regulatory filings released Monday. The proposals under review come from 21Shares, Bitwise, VanEck, and Canary Capital. Additional Review Time Cited by the SEC In its statement, the SEC […]
Key Points To Watch Out For: CATL (CN:300750): Hong Kong Debut Boosts Battery Leader CATL shares rose 17% after listing on the Hong Kong stock exchange, marking the largest IPO of the year worldwide. The surge reflects positive anticipation surrounding the international expansion of the electric vehicle manufacturer. CATL supplies companies such as Tesla and […]
U.S. stock index futures dipped slightly Tuesday following recent gains, as investors awaited key earnings reports from the retail sector. As of 05:50 ET (09:50 GMT), Dow Jones Futures were down 90 points, or 0.2%. S&P 500 Futures fell 21 points, or 0.4%, while Nasdaq 100 Futures declined 100 points, or 0.5%. Wall Street’s main […]
The U.S. dollar edged lower on Tuesday as markets focused on a pivotal tax bill vote, while the euro strengthened amid rising hopes for peace talks between Ukraine and Russia. As of 04:30 ET (08:30 GMT), the U.S. Dollar Index — which measures the greenback against a basket of six major currencies — dropped 0.3% […]
