Category: week
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US stock markets close with gains again. Best week since October 2023
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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US stock markets close with gains again. Best week since October 2023
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Whole Foods Market’s CEO grocery shops at least 14 times a week, even on vacation: ‘I’m probably very abnormal’
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Between running billion-dollar companies and managing hundreds of employees, most CEOs don’t have time to go grocery shopping. But Whole Foods Market CEO Jason Buechel chooses to shop 14 times a week. “I go to the grocery store at least twice a day, every day,” Buechl said in a recent…
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The NZDUSD has set close support and resistance to start the new week
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The NZD/USD pair fell at the start of the Asian session, and in the process found support from buyers against its 100-hour moving average. The price rebounded and moved towards its highest level from last Friday’s trading. This high level was stopped before its 100-day moving average and the 61.8%…
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Asian Equities Advance Ahead of Busy Data Week: Markets Wrap
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(Bloomberg) — Asian stocks rose for a second straight session as markets shifted focus to key U.S. data this week for more insight into the health of the world’s largest economy. Most Read from Bloomberg Stocks in the region rose on Monday, after rising 1.5% on Friday. Benchmarks in Australia…
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Rollercoaster week in US stocks leaves investors braced for bumps ahead By Reuters
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By David Randall NEW YORK (Reuters) – A week of wild market volatility has investors awaiting inflation data, corporate earnings and presidential polls for signs that may ease recent turmoil in U.S. stocks. After months of quiet trading, volatility in U.S. stocks has spiked this month as a series of…
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Newsquawk Week Ahead: US CPI & Retail Sales; UK CPI & Jobs data; Aussie jobs and RBNZ
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12th-16th August 2024 Mon: OPEC Monthly Oil Market Report; Japanese Market Holiday (Mountain Day), German Retail Sales (May), Indian Trade Balance (Jul)Tue: IEA Oil Market Report, Australian Wage Price Index (Q2), UK Jobs (Jun/Jul), German ZEW Survey (Aug), US PPI (Jul)Wed: RBNZ Announcement and Quarterly MPS, Bank of Israel Announcement,…
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US stocks are trading mixed to open the final trading day of the week
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Major US stock indexes are trading mixed in early trading. The Nasdaq and S&P were little changed. The Dow Jones Industrial Average was down. A picture of the market 11 minutes after opening, showing: The Dow Industrial Average fell -125.70 points, or -0.32%, to 39,320.80. The S&P 500 fell 2.89…
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NZDUSD finds willing sellers against the 100 day MA this week
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The NZD/USD pair fell to its lowest level this year on Monday on the back of a sharp decline in the Nikkei 225 (-12.4%). However, this new low was only a few pips above the April 2024 low, and the price rose sharply. The momentum stalled near last week’s highs…
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In a sense, nothing happened in USD/JPY this week
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USD/JPY Weekly What is in the 19 point movement? This is the overall change in the USD/JPY pair on the weekly chart. Of course, this doesn’t tell the whole story, not even close. The pair has collapsed after hitting a 34-year high last month, and was down more than 20…
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Forexlive Americas FX news wrap 9 Aug: A dull Friday ends a volatile week
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It seems like a lifetime ago, but on Monday, markets looked like they were on the brink of a catastrophe. Japan’s Nikkei 225 fell 12.4% on Monday, and analysts were trying to figure out where to place the circuit breakers. There was talk that the Federal Reserve would hold an…
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ANZ: USD and GBP outlook for the coming week
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ANZ Bank provides insights into the outlook for the US Dollar and Sterling in the week ahead, focusing on the impact of recent macroeconomic data and positioning trends. Key points: US Dollar Forecast: Macroeconomic stability: Despite market reactions suggesting otherwise, ANZ believes the macroeconomic backdrop in the US is not…
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Stocks wobble as Wall Street looks to end volatile week on high note
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U.S. stocks fell at the open on Friday, as Wall Street looked to end a volatile week on a positive note. The S&P 500 (^GSPC) fell 0.1%, while the Nasdaq Composite (^IXIC) fell 0.2%. The Dow Jones Industrial Average (^DJI) fell 0.2%. Markets are approaching the end of the most…
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Dollar steady after volatile week; CPI data looms large By Investing.com
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Investing.com – The U.S. dollar was steady on Friday, trading near a one-month high after stronger-than-expected U.S. jobless claims eased fears of an impending recession in the world’s largest economy. At 04:15 ET (09:15 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Tron Lost 6% Since Last Week
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Tron (TRX) has suffered heavy losses after the market plunged in an overreaction amid macroeconomic concerns. According to Queen GeckoThe token has dropped by almost 6% since last week, but has since made a full 180% rally today, August 7. Since then, the ecosystem continues to surprise the community with…
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Tron Lost 6% Since Last Week
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Tron (TRX) has suffered heavy losses after the market plunged in an overreaction amid macroeconomic concerns. According to Queen GeckoThe token has dropped by almost 6% since last week, but has since made a full 180% rally today, August 7. Since then, the ecosystem continues to surprise the community with…
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ForexLive European FX news wrap: Broader market selloff intensifies to start the week
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headlines: Markets: Japanese Yen Advances, Australian Dollar Lags During the Day European stocks fell about 3% across the board; S&P 500 futures fell 3.2%. The yield on the 10-year US Treasury note fell 7.7 basis points to 3.719%. Gold falls 2.4% to $2,384.72 West Texas Intermediate crude fell 1.9% to…
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What will be the main earnings releases for the week starting August 5
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This week was certainly the biggest of the quarter, with 4 of the 7 “Magnificent 7” announced including Meta, Apple, Amazon and Microsoft. How did those stocks perform this week? Two stocks rose and two fell, with Amazon the worst performer as it failed to generate revenue (its first failure…
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Bitcoin mining stocks end the week in a slump
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Many U.S.-based cryptocurrency mining stocks are reflecting Bitcoin’s weakness and trading lower at the end of the week. At the time of writing, Hut 8’s stock price is down 11.2% to $12.34 per share. CleanSpark’s stock is now trading at $13.35 per share, down 11.35%, while Riot Platforms’ stock is…
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Can Bitcoin Cash Soar 680% This Week? This Analyst Believes So
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Bitcoin Cash (BCH) has been making headlines and attracting the attention of experts and investors alike with its recent performance. Indicating the strong performance of the market, Bitcoin Cash has jumped by around 14% in the past week. Related reading Bitcoin has grown by 12% over the past 30 days,…