The week of March 24–28 brings key economic events. In the U.S., inflation and consumer spending data will be in focus, alongside GDP revisions and durable goods orders. The UK’s budget and CPI report will test sterling’s recent rally, while the euro’s momentum hinges on flash PMIs and Germany’s business sentiment. In Asia, inflation data […]
What is Scalping? The Fast-Paced Trading Strategy Explained
Scalping is a trading strategy that consists of making small profits from rapid market movements. Trading of this sort involves opening and closing positions within seconds or minutes; hence, rapid analysis and execution become paramount. In this guide, we explain what scalping is, its advantages and disadvantages, as well as the main indicators and strategies […]
Today’s Stocks to Watch: Tesla, Nvidia, and Strategy
Key Points To Watch Out For: Tesla (TSLA): Rebound After 5% Fall on Tuesday Tesla shares rose in premarket trading after losing more than 5% on Tuesday, continuing their poor performance since December. Nvidia (NVDA): Jensen Huang Highlights Increased Demand for AI Nvidia rose in premarket trading after Jensen Huang, its CEO, told the GTC […]
U.S. Stock Futures Climb Ahead of Fed Rate Decision, Tesla in the Firing Line
U.S. stock index futures rose slightly on Wednesday as investors awaited the Federal Reserve’s latest policy decision for insights into the state of the world’s largest economy. As of 06:40 ET (10:40 GMT), Dow Jones Futures were up 45 points or 0.1%, S&P 500 Futures gained 15 points or 0.3%, and Nasdaq 100 Futures climbed […]
Dollar Surges on Safe-Haven Demand Ahead of Fed Meeting
The U.S. dollar strengthened on Wednesday, benefiting from safe-haven flows after Turkish authorities detained Istanbul Mayor Ekrem Imamoglu, the main political rival of President Tayyip Erdogan. The Turkish lira plunged in response, hitting an all-time low. At 0:45 ET (11:45 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—traded 0.3% […]
Daily Technical Analysis EUR/USD: Hits Multi-Year Highs Ahead of Fed Rate Decision
EUR/USD edged higher on Tuesday, rising 0.2% as the pair continues testing the 1.0950 region. The euro reached a fresh 23-month high, supported by improved risk sentiment ahead of the Federal Reserve’s interest rate decision on Wednesday. Final European Harmonized Index of Consumer Prices (HICP) figures are also due midweek, though no major revisions are […]
Today’s Stocks to Watch: Nvidia, Samsung, and Baidu
Key Points To Watch Out For: Nvidia (NVDA) Stock: Anticipation for Jensen Huang’s Keynote Nvidia’s annual GTC developer conference began on Monday, and Jensen Huang is expected to unveil new Blackwell AI chips during his keynote on Tuesday. BYD (HK:1211): New Record After Breakthrough in Fast Charging BYD shares hit an all-time high after the […]
U.S. Stock Futures Remain Stable Before the Federal Reserve Meeting, Nvidia Conference in the Line of Fire
U.S. stock index futures held steady on Tuesday as investors remained cautious ahead of this week’s Federal Reserve meeting. As of 05:45 ET (09:45 GMT), Dow Jones Futures rose 19 points, or 0.1%, while S&P 500 Futures traded flat. Nasdaq 100 Futures dipped 25 points, or 0.1%. Wall Street extended its rebound into a second […]
Dollar Slips Ahead of Fed Meeting, Euro Rises Before German Vote
The U.S. dollar edged lower on Tuesday as investors awaited the Federal Reserve’s latest policy meeting, while the euro strengthened ahead of a key vote on Germany’s stimulus package. At 05:00 ET (09:00 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—traded 0.1 percent lower at 102.890, remaining above last […]
Outlook for the Week of March 17-21
The week of March 17-21 is poised to be eventful for global markets. In the US, the Federal Reserve’s decision and economic data, including retail sales and housing starts, will be key for market sentiment. In Europe, the ECB’s policy stance and UK inflation figures will be in focus. Meanwhile, in Asia, the Bank of […]