Date Archives

Day: May 30, 2023

Debt Ceiling Deal and Tech Surge Drive U.S. Stock Market

May 30, 2023

U.S. Stock Market Reacts to Debt Ceiling Deal and Tech Surge, Job Market Data in Focus. The U.S. stock market experienced a mixed performance as...

Commodity Prices Amidst Persistent Inflation Concerns

May 30, 2023

What does this signify for commodity prices if inflation shows no signs of slowing down? A worldwide financial crisis, credit crunch, stickier-than-expected inflation, and quickly...

FTSE 100 Weekly Analysis: Downside Trend in Focus

May 30, 2023

FTSE 100 WEEKLY SCENARIO FTSE 100 TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, FTSE 100 is trading in an up channel. FTSE 100 is...

Dow Futures Rise, NVidia Eyes $1 Trillion Club

May 30, 2023

Dow futures advanced 55 points, and NVidia will reach the $1 trillion club. Following a possible agreement on a plan to raise the debt ceiling...

Oil Declines 2% on OPEC+ Uncertainties

May 30, 2023

OPEC+ discussions uncertainties and US debt deal problems cause oil to decline by 2%. FUNDAMENTAL OVERVIEW The market’s risk-on attitude was dampened by worries about...

Alibaba Hiring 15,000 Employees, Denies Layoff Reports

May 30, 2023

Alibaba Plans to Hire 15,000 Employees, Denying Layoff Reports: Trade Suggestion and Analysis. Alibaba Group Holding Ltd. has announced plans to hire 15,000 new employees...

Sri Lankan Rupee’s Remarkable Appreciation Across Currencies

May 30, 2023

Sri Lankan Rupee Witnesses Significant Appreciation Against Major Currencies Introduction In a positive turn of events, the Sri Lankan rupee (LKR) has demonstrated a remarkable...

Silver’s Weekly Outlook: Trading in Up and Down Channels

May 30, 2023

SILVER: WEEKLY SCENARIO SILVER Technical Analysis: Weekly Chart In the weekly charts, SILVER is trading in an up channel. SILVER is currently trading above all...

S&P 500: Weekly Analysis, Upward Trend Continues

May 30, 2023

S&P 500 Index: WEEKLY SCENARIO S&P 500 Index Technical Analysis: Weekly Chart In the weekly charts, S&P 500 was trading in a down channel. S&P...