The U.S. dollar strengthened on Wednesday, benefiting from safe-haven flows after Turkish authorities detained Istanbul Mayor Ekrem Imamoglu, the main political rival of President Tayyip Erdogan. The Turkish lira plunged in response, hitting an all-time low. At 0:45 ET (11:45 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—traded 0.3% […]
Daily Technical Analysis EUR/USD: Hits Multi-Year Highs Ahead of Fed Rate Decision
EUR/USD edged higher on Tuesday, rising 0.2% as the pair continues testing the 1.0950 region. The euro reached a fresh 23-month high, supported by improved risk sentiment ahead of the Federal Reserve’s interest rate decision on Wednesday. Final European Harmonized Index of Consumer Prices (HICP) figures are also due midweek, though no major revisions are […]
Today’s Stocks to Watch: Nvidia, Samsung, and Baidu
Key Points To Watch Out For: Nvidia (NVDA) Stock: Anticipation for Jensen Huang’s Keynote Nvidia’s annual GTC developer conference began on Monday, and Jensen Huang is expected to unveil new Blackwell AI chips during his keynote on Tuesday. BYD (HK:1211): New Record After Breakthrough in Fast Charging BYD shares hit an all-time high after the […]
U.S. Stock Futures Remain Stable Before the Federal Reserve Meeting, Nvidia Conference in the Line of Fire
U.S. stock index futures held steady on Tuesday as investors remained cautious ahead of this week’s Federal Reserve meeting. As of 05:45 ET (09:45 GMT), Dow Jones Futures rose 19 points, or 0.1%, while S&P 500 Futures traded flat. Nasdaq 100 Futures dipped 25 points, or 0.1%. Wall Street extended its rebound into a second […]
Dollar Slips Ahead of Fed Meeting, Euro Rises Before German Vote
The U.S. dollar edged lower on Tuesday as investors awaited the Federal Reserve’s latest policy meeting, while the euro strengthened ahead of a key vote on Germany’s stimulus package. At 05:00 ET (09:00 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—traded 0.1 percent lower at 102.890, remaining above last […]
Outlook for the Week of March 17-21
The week of March 17-21 is poised to be eventful for global markets. In the US, the Federal Reserve’s decision and economic data, including retail sales and housing starts, will be key for market sentiment. In Europe, the ECB’s policy stance and UK inflation figures will be in focus. Meanwhile, in Asia, the Bank of […]
Brazil Debate Draft Law to Allow Partial Payment of Wages in Bitcoin
Workers in Brazil could receive part of their salaries in Bitcoin or other cryptocurrencies if the National Congress approves a new bill that seeks to regulate this form of payment. The proposal, identified as PL 957/2025, was presented by Deputy Luiz Philippe de Orléans-Braganza and raises the possibility of employers and employees agreeing to the […]
Today’s Stocks to Watch: Nvidia, Samsung and Baidu
Key Points To Watch Out For: Berkshire Hathaway (BRK): Expansion in Japan boosts investment Warren Buffett’s conglomerate increased its stake in five major Japanese trading houses, with holdings of between 8.5% and 9.8% in Itochu, Sumitomo, Marubeni, Mitsubishi and Mitsui. These shares climbed at least 1.5% in Tokyo. Shares in Samsung Electronics (KR:005930) receive boost […]
Dollar Loses Ground Due to Economic Concerns, The Federal Reserve Meeting is Being Watched
The U.S. dollar edged lower on Monday, nearing a five-month low as concerns grow that uncertainty surrounding the Trump administration’s tariff policies could slow economic growth. At 08:05 ET (12:05 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, was down 0.2% at 103.162, approaching last week’s five-month low. […]
U.S. Stock Futures Fall Due to Economic Uncertainties, Federal Reserve Meeting Expected
U.S. stock index futures fell on Monday as investors remained concerned that uncertainty over trade tariffs could weigh on the world’s largest economy. As of 07:00 ET (11:00 GMT), Dow Jones Futures dropped 103 points, or 0.3%, S&P 500 Futures declined 11 points, or 0.2%, and Nasdaq 100 Futures slipped 25 points, or 0.1%. While […]