This week, investors will be focused on new inflation data, such as the Producer Price Index (PPI) and the Consumer Price Index (CPI) in the United States on Tuesday and Wednesday. Retail sales and the University of Michigan consumer confidence index will also be released this week. Core PPI inflation and headline CPI inflation remain […]
Automated Trading: An In-Depth Exploration of Benefits and Risks
Entering the world of automated trading can be a game-changer for your trading strategy. This article examines whether integrating automated trading into your approach is worthwhile. By understanding both the benefits and drawbacks of automated trading, you can make informed decisions in the financial markets. Read on to discover how this technology can accelerate your […]
Nasdaq Applies to the SEC for Permission to Trade Options Linked to Ethereum ETFs
Nasdaq, the exchange for trading financial assets and stocks, made a request to U.S. regulators to allow it to trade options linked to the spot Ethereum ETFs that recently entered the market. Ethereum ETF options trading The request came in a form filed on [specific date] with the Securities and Exchange Commission (SEC), in which […]
U.S. Stock Markets Rise, Super Micro Computer Falls
U.S. stock indexes rose on Wednesday, following Wall Street’s recent rally, although sentiment remains fragile. Wall Street indexes rose on Tuesday, showing signs of improvement and recovering some of the heavy losses registered the previous week amid concerns about a possible U.S. recession and a slowdown in the technology sector. The S&P 500 along with […]
OnEquity Expands Operations to Indonesia
OnEquity, a global leader in multi-asset brokerage, is excited to announce its official launch in Indonesia. This strategic expansion marks a significant step forward in OnEquity’s mission to provide top-tier trading solutions to clients worldwide. Indonesian traders will now have access to OnEquity’s comprehensive suite of trading instruments, including forex,commodities, indices, and cryptocurrencies. Backed by […]
Dollar rises, yen falls after Bank of Japan rules out another rate hike
The U.S. dollar rose on Wednesday, while Japan’s yen sank after the Bank of Japan tried to calm the turbulent waters by signaling that it will not raise rates further if markets remain highly volatile. Dollar recovers ground after sharp losses The dollar gained some ground on Wednesday, helped in part by the yen’s weakness […]
Daily Technical Analysis EUR/USD: EUR/USD Declines, Fails to Hold 1.10 Level
The EUR/USD pared recent gains and retreated from the 1.1000 level on Tuesday as markets continue digesting recent rebalancing in Forex market flows. Investors have possibly regained equilibrium and have once again returned to betting on an increase in the pace of rate cuts by the Federal Reserve in September. Tuesday’s Eurozone economic data had […]
U.S. Stock Markets Rise, with Strong Earnings Supporting Sentiment Shift
U.S. stock markets rose on Tuesday, showing signs of recovery from Monday’s decline, despite continuing concerns about an economic slowdown. Recession Fears Lead to Heavy Losses Concerns about a significant slowdown in economic growth, following a string of poor data related to the purchasing managers’ index and the labor market, caused the DJIA, S&P 500, […]
Dollar Rebounds After Sharp Losses, Euro and Pound Lose Ground
The U.S. dollar gained ground on Tuesday, reversing some of its recent losses as some calm returned to currency markets. Dollar Recovers After Heavy Losses In recent weeks, the dollar has been significantly affected by fears of a possible U.S. recession after a series of weak labor market data, which has triggered bets that the […]
Outlook for the Week of August 05-09
Key points to watch out for: Will the Reserve Bank of Australia Turn to a Dovish Course? After the decisions of the Bank of Japan, the Federal Reserve, and the Bank of England last week, the central bank torch will be passed to the Reserve Bank of Australia, which will announce its decision on Tuesday, […]