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Stock Market Soars on Debt Progress and Positive Data

June 2, 2023

Stock Market Surges to Nine-Month Highs on Debt Ceiling Progress and Positive Economic Data. Introduction: The S&P 500 index and Nasdaq Composite reached their highest...

Apple (NASDAQ: AAPL) Receives Overweight Rating

June 2, 2023

Apple (NASDAQ: AAPL) Receives Overweight Rating from Morgan Stanley Analyst with a $190.00 Price Target. Introduction: Apple Inc. (NASDAQ: AAPL) continues to draw attention from...

OPEC Uncertainty Caps Oil Gains

June 2, 2023

OPEC uncertainty limits gains as oil increases on optimism about the debt ceiling. FUNDAMENTAL OVERVIEW Despite concern ahead of an OPEC meeting this weekend, oil...

Stifel Holds ‘Hold’ Rating on Starbucks

June 2, 2023

Stifel Analyst Maintains ‘Hold’ Rating on Starbucks (NASDAQ: SBUX) with $117.00 Price Target. Introduction: Starbucks Corporation (NASDAQ: SBUX) has recently been evaluated by an analyst...

Dow Futures Rise 165 Points on Nonfarm Payrolls Focus

June 2, 2023

Dow futures advance 165 points as May nonfarm payrolls take center stage In anticipation of the release of the highly awaited monthly jobs data, investors...

Hang Seng Weekly Outlook: Technical Analysis

June 2, 2023

HANG SENG WEEKLY SCENARIO HANG SENG TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, Hang Seng is trading in the down channel. Hang Seng is...

Strong US Job Growth in May, Unemployment Rate at 3.7%

June 2, 2023

US job growth outperformed forecasts in May, as the unemployment rate increased to 3.7%. Despite a higher-than-anticipated gain in employment in the United States in...

Corporate Actions For The Upcoming Week – 5th June to 9th June

June 2, 2023

Indices 06/05/23 06/06/23 06/07/23 06/08/23 06/09/23 UK 100 7.012 Netherlands 25 0.425 France 40 1.465 4.125 Euro 50 Spain 35 4.531 Switzerland 20 Dow Jones...

Ethereum’s Pre-Merge Selling Pressure; Investors Analyze Future

June 1, 2023

Ethereum Faces Selling Pressure Ahead of the Merge as Investors Assess Future Upgrades. Introduction: The price of Ethereum, the second-largest cryptocurrency by market capitalization, is...

Gold Rises on Falling Yields, Debt Deal Vote

June 1, 2023

Gold Gains as US Treasury Yields Dip and Debt Deal Vote Looms. Introduction: Gold prices experienced a modest increase, rising by 0.33% to settle at...

USD/JPY Surges to 140.00 Region on Broad USD Strength

June 1, 2023

Prior to US data, USD/JPY surges to the 140.00 region due to widespread USD strength FUNDAMENTAL OVERVIEW The USD/JPY pair makes a strong recovery from...

Debt Deal Approved, S&P 500 Futures Steady

June 1, 2023

After the House adopts the debt package, the S&P 500 futures are little modified to begin trading in June. After the U.S. House approved a...

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