Key Points to Watch Out For Nvidia (NVDA): $100B AI Data Center Push Nvidia remains the key driver in today’s market after unveiling a $100 billion investment in OpenAI to accelerate the rollout of AI-focused data centers. This move cements Nvidia’s position at the center of global AI infrastructure. Shares moved higher in early trading, […]
Gold (XAU/USD) surged to a fresh record high during the Asian session on Tuesday before entering a consolidation phase. The metal’s rally comes as traders remain cautious amid overbought conditions, yet its safe-haven appeal continues to draw strong demand. Despite a generally positive tone in global equities, which usually dampens appetite for gold, the combination […]
The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, traded higher around 97.80 during Monday’s Asian session. The dollar’s strength extended as traders positioned ahead of a series of speeches from Federal Reserve officials that could provide fresh signals on the US interest rate outlook. Fed Delivers First […]
Bitcoin (BTC) traded strongly on Friday, holding above $117,000 after the U.S. Federal Reserve announced a 25 basis point rate cut. The move initially caused volatility, but BTC quickly recovered as investors viewed the decision as a supportive signal for risk assets. The rally came just days after Bitcoin broke above the 50-day Exponential Moving […]
The US Dollar Index (DXY), which measures the greenback against a basket of six major currencies, traded higher around 97.40 during Friday’s early European session. The dollar gained traction after the Federal Reserve cut interest rates as expected but adopted a less dovish tone than markets anticipated. Fed Delivers 25 bps Cut but Maintains Caution […]
The U.S. Securities and Exchange Commission (SEC) has approved new generic listing standards for commodity-based trust shares on Nasdaq, Cboe, and the New York Stock Exchange. This landmark decision allows the exchanges to list and trade these exchange-traded products (ETPs) without filing individual rule-change proposals with the SEC, streamlining the approval process and reducing delays. […]
Asian currencies traded mostly flat on Thursday, with the Japanese yen drawing attention ahead of a key policy meeting by the Bank of Japan (BOJ). The USD/JPY pair hovered around 146.98, steady after recent gains. The BOJ is widely expected to keep interest rates unchanged when its two-day meeting concludes on Friday. Still, sticky inflation […]
Bitcoin (BTC) entered Wednesday’s Asian session on firmer ground, edging 1% higher to trade around $116,500. Market focus is firmly on the U.S. Federal Reserve, which is widely expected to deliver a 25-basis-point rate cut later in the day. According to the CME FedWatch tool, traders are pricing in a 96% probability of such a […]
European equities traded in subdued fashion on Tuesday as investors waited for clarity from the Federal Reserve’s policy meeting while parsing fresh economic data across the region. By mid-morning, Germany’s DAX slipped 0.1%, France’s CAC 40 eased 0.2%, and the U.K.’s FTSE 100 dipped 0.1%. The lack of momentum reflected market caution, with investors holding […]
The EUR/USD pair started the week in a tight range, trading between 1.1720 and 1.1725 during the Asian session on Monday. While momentum is muted, downside pressure on the euro appears limited thanks to contrasting monetary policy outlooks between the European Central Bank (ECB) and the U.S. Federal Reserve. The ECB, as expected, left interest […]
