Key Points To Watch Out For: Tesla (TSLA): Federal Framework for Autonomous Vehicles Donald Trump’s administration is reportedly working on establishing a federal framework for autonomous vehicles, according to Bloomberg News. This development has sparked significant interest in Tesla shares, leading to an 8% premarket gain. Investors are optimistic about the potential for a clearer […]
U.S. Stocks Trade Mixed: Nvidia Earnings, PMI Data, and Fed in the Spotlight
U.S. stock futures traded mixed on Monday as investors anticipated key earnings from chipmaker Nvidia (NVDA) and comments from several Federal Reserve officials. In early trading, the Dow Jones futures contract lost about 110 points, or 0.3%, as S&P 500 futures traded 5 points, or 0.1%, higher and Nasdaq 100 futures gained about 85 points, […]
Dollar Slips From Recent Highs, Fed Speeches Planned
The U.S. dollar retreated slightly from its recent one-year highs at the start of a week with limited notable economic data but featuring remarks from several Federal Reserve officials. The dollar index, which tracks the dollar’s performance against six other major currencies, rose by 1.6% in the previous week, marking its sixth weekly gain out […]
Daily Technical Analysis : EUR/USD Hovers Near 1.0550, Close to Annual Lows Amid Fed Caution
The EUR/USD traded around 1.0550 during the Asian session on Monday, remaining near its yearly low of 1.0496, recorded on November 14. Downside risks for the EUR/USD have intensified following cautious comments from Federal Reserve officials and stronger-than-expected U.S. retail sales data, which have significantly bolstered the U.S. dollar. Last week, Federal Reserve Chairman Jerome […]
How Metal Trading Can Boost Your Portfolio
Today, trading has become a way not only to increase personal capital but also to open new opportunities for private and institutional investors. Indices, commodities, stocks, and cryptocurrencies are popular instruments; however, precious metals stand out as a class of assets that can retain value even in times of turbulence or economic crisis. In this […]
Donald Trump Announces New D.O.G.E. Agency with Elon Musk at the Helm
President-elect Donald Trump has confirmed the establishment of a new Department of Government Efficiency (DOGE), an idea originally proposed by Elon Musk. The Tesla CEO will head the new department alongside Vivek Ramaswamy, co-founder of Strive Enterprises and former GOP presidential candidate. Vision for Government Efficiency In a written statement, Trump announced that the DOGE […]
Today’s Stocks to Watch: Tesla, Home Depot, and Bayer
Key Points To Watch Out For: Rivian Automotive (RIVN): Strengthens Alliance with Volkswagen Rivian Automotive saw a significant premarket rise in its shares after announcing an extension of its joint venture with Volkswagen, valued at $5.8 billion. This partnership aims to bolster Rivian’s foothold in the competitive electric vehicle (EV) market, highlighting its commitment to […]
U.S. Stock Markets Decline, Cautious Sentiment Ahead of CPI Report
U.S. stock index futures and equity markets fell on Wednesday, as the strong post-election rally took a breather ahead of crucial inflation data expected to guide the Federal Reserve’s next monetary policy moves. Wall Street’s major indexes retreated from record highs on Tuesday as investors held on to some of the recent gains made. The […]
Dollar Slightly Down on U.S. Inflation Expectations
The U.S. dollar softened slightly on Wednesday, pulling back from six-month highs as markets awaited critical U.S. inflation data. This report is expected to offer further insight into the future trajectory of interest rates in the world’s largest economy. Earlier in the session, the Dollar Index, which measures the greenback against a basket of six […]
Daily Technical Analysis EUR/USD: Rises Above 1.06 but Remains Near Yearly Lows
The EUR/USD pair resumed its downward trajectory on Tuesday, shedding another third of a percentage point. It briefly tested levels slightly below 1.0600 during the day, signaling persistent bearish sentiment. This marks an ongoing seven-week decline from its multi-month peak just above 1.1200 in September. Market Dynamics The absence of significant economic data from the […]