The U.S. dollar edged lower on Wednesday, as traders awaited more clarity from ongoing trade negotiations between the U.S. and China and looked ahead to the release of crucial inflation figures. As of 04:35 ET (08:35 GMT), the Dollar Index — which measures the greenback against six major currencies — slipped 0.1% to 99.032. Trade […]
Daily Technical Analysis EUR/USD: Flat as Traders Await U.S. CPI and U.S.–China Trade Developments
The EUR/USD pair remains stable during Tuesday’s session, trading around 1.1423, as markets await updates from U.S.–China trade discussions in London and the upcoming release of U.S. inflation data. Markets Monitor U.S.–China Talks and Economic Data Talks between Washington and Beijing entered their second day, with U.S. President Joe Biden calling them “productive.” However, investor […]
U.S. Stock Futures Fall as Ongoing U.S.–China Trade Talks Worry Investors
U.S. stock index futures saw a slight dip on Tuesday as investors closely watched the ongoing trade negotiations between the U.S. and China in London. Around 5:20 AM ET (9:20 GMT), Dow Jones Futures fell 75 points (0.2%), S&P 500 Futures slipped 7 points (0.1%), and Nasdaq 100 Futures dropped 28 points (0.1%). These moves […]
Dollar Appreciates on Optimism in Trade Negotiations, Pound Sterling Hit by Weak Employment Data
The U.S. dollar gained ground on Tuesday, driven by optimism that trade tensions between the United States and China—the world’s two largest economies—might be easing. Trade talks, which began in London, entered their second day as both delegations aimed to resolve a dispute that has expanded beyond tariffs to include restrictions on rare earth minerals. […]
Today’s Stocks to Watch: Nvidia, Dollar Tree, and Wells Fargo
Key Points To Watch Out For: Tesla (TSLA): Rebound After Political Tensions Tesla shares rose 2% in premarket trading, extending their recovery following last week’s sell-off sparked by CEO Elon Musk’s public feud with President Trump. The rebound reflects easing political tensions and renewed investor confidence in the electric vehicle manufacturer. Taiwan Semiconductor (TSMC): Strong […]
Outlook for the Week of June 09 – 13
The week of June 9 – 13 brings a full slate of potential market movers. In the U.S., attention turns to May’s CPI and PPI reports, along with consumer confidence data, which could either reinforce or challenge expectations of a Federal Reserve rate cut amid signs of a slowing economy. Trade tensions also loom large, […]
Bitcoin Climbs as US-China Trade Talks Kick Off in London
Bitcoin rebounded Monday morning, rising from around $105,600 to $107,800 as investor attention turned to high-stakes US-China trade negotiations beginning in London. The cryptocurrency had recently surged to a record high near $112,000 before retreating to $101,000 amid a flurry of negative headlines, including stalled trade talks, renewed ETF outflows, and former President Trump’s threat […]
Today’s Stocks to Watch: Nvidia, Dollar Tree, and Wells Fargo
Key Points To Watch Out For: Tesla (TSLA): Pressure Due to Dispute Between Musk and Trump Tesla shares are down in pre-market trading as the market remains focused on new developments in the public feud between Elon Musk and President Trump. The dispute, which has intensified in recent days, has caused volatility in the stock, […]
U.S. Stock Futures Remain Virtually Unaffected, Trade Negotiations with China and Inflation Data in Focus
U.S. stock index futures showed little movement early Monday, with investors adopting a cautious stance ahead of renewed trade negotiations between Washington and Beijing, as well as closely watched inflation figures due later in the week. As of 04:45 ET (08:45 GMT), Dow Jones Futures edged up 13 points, or 0.1%, while S&P 500 Futures […]
Dollar Declines Ahead of U.S.–China Negotiations, Euro Advances
The U.S. dollar fell on Monday, giving up some of Friday’s gains as optimism grew around upcoming trade discussions between the United States and China in London. As of 04:05 ET (08:05 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—was down 0.3% at 98.890. The dollar had previously […]