The U.S. dollar slipped on Tuesday as persistent concerns over a potential recession weighed on investor sentiment, while optimism surrounding a possible German defense spending deal boosted the euro. By mid-afternoon in European trading, the dollar index, which measures the greenback against a basket of major currencies, fell 0.6 percent, hovering near a four-month low. […]
U.S. Futures Rise Following a Strong Sell-Off Driven by Recession Fears
U.S. stock futures edged higher on Tuesday, recovering some ground after recession fears triggered a steep sell-off on Wall Street. As of 07:03 ET (11:03 GMT), S&P 500 futures were up 14 points (0.3%), Nasdaq 100 futures had gained 72 points (0.4%), and Dow Jones futures had climbed 109 points (0.3%). The gains come after […]
Today’s Stocks to Watch: Tesla, Oracle, and Delta
Key Points To Watch Out For: Oracle (ORCL): Weak results weigh on share price Oracle shares fell 6% in premarket trading after the company reported earnings and revenue below expectations. However, its sales outlook remained positive. Delta Air Lines (DAL): Profit forecast downgrade pressures stock Delta shares declined in premarket trading after the airline lowered […]
Outlook for the Week of March 10 – 14
The financial markets are gearing up for a pivotal week ahead, filled with political and economic developments that could drive volatility across currencies, equities, and commodities. From the German elections’ impact on the euro to the critical US PCE inflation data, traders and financial professionals will want to keep a close eye on these key […]
Mark Carney will be the new Prime Minister of Canada: What does this mean for Bitcoin?
Mark Carney, former governor of the Bank of England and the Bank of Canada, is about to become the next Prime Minister of Canada. However, his rise does not seem to be good news for Bitcoin (BTC), as he has been a constant critic of cryptocurrencies. On March 9, Carney won a resounding victory with […]
Today’s Stocks to Watch: DoorDash, Tesla, and Robinhood
Key Points To Watch Out For: DoorDash (DASH): Boost After Joining the S&P 500 DoorDash shares rose more than 4% in premarket trading after S&P Dow Jones Indices confirmed its addition to the S&P 500 on March 24. Tesla (TSLA): Challenging Year and Premarket Decline Tesla dropped more than 2.5% in premarket trading, extending its […]
U.S Stock Futures Decline, Recession Fears Grow
U.S. stock index futures fell on Monday, extending last week’s selloff as investors remained cautious about the economic impact of President Donald Trump’s tariff policies. As of 05:25 ET (10:25 GMT): Stocks Under Pressure After Heavy Weekly Losses Major U.S. stock indexes posted steep declines last week after Trump imposed 25% tariffs on Mexico and […]
Dollar Recovers After the Fall, Euro Declines Following Weekend Gains
The U.S. dollar edged higher on Monday, recovering from a four-month low, though it remained under pressure amid concerns that the Trump administration’s trade policies could weigh on economic activity in the world’s largest economy. As of 04:10 ET (09:10 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, […]
Daily Technical Analysis: EUR/USD Holds Above 1.0850 Amid US Growth Uncertainty
EUR/USD kicked off the week on a positive note, trading near 1.0860. The pair’s upward momentum is fueled by growing concerns over a potential slowdown in the US economy. On Sunday, San Francisco Fed President Mary Daly noted that rising uncertainty among businesses could weaken demand but does not warrant an immediate change in interest […]
Mastering Day Trading: A Strategic Guide for Experts
ImaImagine capitalizing on every investment decision within hours. That’s exactly what day trading offers—an intriguing yet often misunderstood method in the world of finance. It’s not just about buying low and selling high; it demands precision, speed, and a deep understanding of market psychology. What is Day Trading? Day trading refers to the practice of […]