MARKET UPDATE OUTLOOK: Forex, Commodities and Indices [Friday, November 5, 2024]
*MARKET UPDATE ASIA SESSION* Forex, Commodities and Indices Tuesday, November 05, 2024 ======================== US stocks fluctuated between gains and losses on Monday, as investors prepared for a crucial week in which Americans will elect a new president and the Federal Reserve will release its policy statement. The presidential election saw candidates Donald Trump…
Asia stocks dip amid election jitters, China buoyed by positive PMI
Most Asian markets fell on Tuesday as traders remained largely risk-averse before a hotly contested U.S. presidential election later in the day, while Chinese markets were supported by strong business activity data. Focus was also on a meeting of China’s National People’s Congress this week, which is expected to yield more cues on…
MARKET UPDATE OUTLOOK: Forex, Commodities and Indices [Friday, November 4, 2024]
*MARKET UPDATE ASIA SESSION* Forex, Commodities and Index Monday, November 04, 2024 ========================= – Wall Street’s major indexes ended higher on Friday, rebounding from the previous day’s sell-off as strong Amazon earnings offset a significant drop in U.S. job growth in October. – Amazon.com rose 6.2% after reporting earnings on Thursday that showed…
US stock futures fall as elections, Fed meeting approach
U.S. stock index futures fell in evening deals on Sunday as anticipation of a tight presidential election and a Federal Reserve meeting later in the week kept investors averse towards risk-driven assets. Futures steadied after Wall Street tumbled from record highs last week, following a batch of strong economic prints, especially inflation, and…
MARKET UPDATE OUTLOOK: Forex, Commodities and Indices [Friday, November 1, 2024]
*MARKET UPDATE ASIA SESSION* Forex, Commodities and Indices Friday, November 01, 2024 ======================== All three US stock indexes closed lower on Thursday after Microsoft and Meta Platforms highlighted rising artificial intelligence costs that could hurt their earnings, curbing enthusiasm for the megacaps that have fueled this year’s market rally. Meta Platforms, the owner…
Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama
Top Chinese research institutions linked to the People’s Liberation Army have used Meta (NASDAQ:META)’s publicly available Llama model to develop an AI tool for potential military applications, according to academic papers and analysts. In a June paper reviewed by Reuters, six Chinese researchers from three institutions, including two under the People’s Liberation Army’s…
Asia stocks dip amid election uncertainty; Japan extends gains ahead of BOJ
Most Asian stocks fell on Wednesday as risk appetite was quashed by anticipation of a tight U.S. presidential election and a barrage of key economic readings this week. Japanese markets remained the outliers, extending recent gains as heightened political uncertainty in the country fueled more bets that the Bank of Japan will not…
MARKET UPDATE OUTLOOK: Forex, Commodities and Indices [Monday day, October 28, 2024]
MARKET UPDATE EUROPE SESSION : Forex, Commodities and Index Monday, October 28, 2024 ======================== 🔥[ News Update] 🔸Japanese stocks rose on Monday as the Japanese yen weakened to a three-month low after Prime Minister Shigeru Ishiba’s coalition lost its parliamentary majority in Sunday’s election, raising uncertainty over its policy path and the economy.…
European stocks mostly rise; Middle East tensions ease
European stock markets edged higher Monday, helped by the easing of geopolitical tensions in the Mddle East at the start of a week packed with event risks. At 04:10 ET (08:10 GMT), the DAX index in Germany traded 0.3% higher and the CAC 40 in France rose 0.5%, while the FTSE 100 in…
European stocks mixed; IMF report, quarterly earnings in focus
European stock markets traded in a mixed fashion Tuesday, as investors digested more third-quarter corporate earnings amid uncertainty over global growth and the future path of interest rates. At 03:10 ET (07:10 GMT), the DAX index in Germany traded 0.5% higher, while the CAC 40 in France fell 0.1% and the FTSE 100…
Recent Comments