FTSE 100 is trading up 0.65% at 7196.67 European stock markets edged largely higher Monday, starting the new week on a positive note despite the Wall Street holiday limiting activity. By 03:40 AM ET (0740 GMT), the DAX in...
Market News and Trade Ideas
The price of COMEX Copper futures is down 2.33% at 3.6925 per pound on mid-Thursday trades. Copper prices further declined on Thursday. This makes copper prices on track for the biggest quarterly percentage fall since March 2020. The potential...
The price of Chicago WTI crude oil futures is up 1.53% at $113.47 per barrel on mid-Wednesday trades. Crude oil prices gained for a fourth consecutive days on Wednesday with tight supply worries offsetting concerns about a weaker global...
EURUSD is trading down 0.10% at 1.0511 The euro steadied on Wednesday after falling to a six-day low, reacting to the release of conflicting inflation data in Germany and Spain that created a difficult backdrop for European Central Bank...
NIKKEI 225 is trading up 0.66% at 27049.40 Japan stocks were higher after the close on Tuesday, as gains in the Machinery, Transportation Equipment and Electrical/Machinery sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained...
U.S. Dollar Indexis trading down 0.20% at 103.68 The dollar eased back slightly from a 20-year high reached earlier this month on Monday, following disappointing U.S. economic data that may dampen expectations for aggressive Federal Reserve rate hikes. As...
The price of Chicago Wheat futures is up 1.90% at $9.6 per bushel on mid-Friday trades. Prices of wheat has fallen to 4-month low providing some relief to galloping inflation rates. Chicago wheat futures on Friday hit their lowest...
DOW JONES is trading up 0.64% at 30892.00 U.S. futures pointed higher on Friday, building on gains in Europe and Asia following a late rally on Wall Street, as investors digest two days of high-profile testimony from Federal Reserve...
The price of COMEX Copper futures is down 2.67% at $3.8385 per pound on mid-Thursday trades. The price of copper has been declining since early June. It has witnessed only two bullish sessions since then. The policy tightening approach...
NZDUSD is trading down 0.25% at 0.6270 The dollar was down on Thursday morning in Asia amid rising concerns of slowing economic growth after the U.S. Federal Reserve Chair’s hawkish testimony. The U.S. Dollar Index that tracks the greenback...
The price of Chicago WTI crude oil futures is down 6.84% at $102.03 at mid-Wednesday trades. Prices of oil tumbled on Wednesday as U.S. president, Joe Biden plans to cut fuel costs for drivers over concerns of a potential...
S&P 500 is trading down 0.39% at 3717.99 U.S. stocks are seen opening sharply lower Wednesday, handing back some of the previous session’s gains ahead of the start of the two-day testimony by Fed Chair Jerome Powell on Capitol...
The price of Bitcoin is up 2.33% at $21,027.63 on mid-Tuesday trades. Bitcoin managed to hold above the $20,000 round level on Monday amid weak trading activity due to the US holidays and attracting enough speculative demand after dipping...
Dollar Index is trading down 0.16% at 104.031 The U.S. dollar edged lower in early European trade Tuesday, in line with the wider increase in risk sentiment, but remained elevated with the U.S. Federal Reserve seen retaining an aggressive...
The price of COMEX gold futures is up a mere 0.01% at $1840.8 per troy ounce on mid-Monday trades. Gold price is trading flatly around the $1840-level after witnessing a fall in the previous week. The recovery in risk...
CAC 40 is trading up 0.28% at 5898.85 European markets hovered near the flatline on Monday, as investors look ahead to getting further hints of a potential interest rate hike path from the Federal Reserve this week. As of...
The price of Chicago wheat futures is up 1.16% at $11.0 per bushel on mid-Friday trades. CBOT wheat prices rose 2.69% on Thursday on account of the rising risk of drought in central United States. Estimates from Ukraine that...
NASDAQ 100 is trading up 2.49% at 11593.77 U.S. stock index futures fell sharply on Thursday, pointing to a reversal of the previous session’s rally, as fears of a recession grew after the Federal Reserve’s biggest rate hike in...
The price of Chicago WTI crude oil futures is down 0.11% at $118.80 per barrel on mid-Wednesday trades. Oil prices declined on Wednesday as the market balance fears of tight supply with concerns over fuel demand and global economic...
AUDUSD is trading up 1.14% at 0.6947 The euro jumped after the European Central Bank’s governing council said it would hold an unscheduled meeting on Wednesday to discuss the recent sell-off in government bond markets, hours ahead of a...
CAC 40 is trading down 1.14% at 5953.78 European stock markets are expected to open higher Tuesday, rebounding to a degree after the previous session’s sharp losses, but concerns remain that aggressive monetary tightening will stunt economic growth in...
The price of COMEX gold futures is down 1.39% at $1,849.5 per troy ounce on mid-Monday trades. Gold started the week on a bearish note, correcting sharply from its past five-week peak of $1,879. The inverse correlation between the...
Dollar Index is trading up 0.59% at 104.64 The U.S. dollar soared in early European trade Monday, especially against the Japanese yen, as red-hot U.S. inflation data lifted Treasury yields at the start of a busy week for central...
The price of Chicago wheat futures is down 0.72% at $10.6 per bushel on mid-Friday trades. Chicago wheat futures price opened this week on a bullish note registering an increase of 5.10%. However, a majority of this gain was...
NIKKEI 225 is trading down 1.49% at 27824.22 World stocks hit a two-week low on Friday as rate hike guidance from the European Central Bank and jitters over upcoming U.S. inflation data stoked concerns about global growth, while verbal...
The price of Chicago copper futures is down 1.46% at $4.3895 per pound on early-Thursday trades. Copper price surged last week after China launched a $120 billion credit line for mega infrastructure and Green Energy projects to stimulate the...
AUD/USD is trading up 0.02% at 0.7189 The dollar was down on Thursday morning in Asia. The European Central Bank meeting and its policy decisions later in the day remained the biggest focus of the market. The U.S. Dollar...
DAX 40 is trading down 0.47% at 14488.25 European stock markets are expected to open higher Wednesday, helped by a positive close on Wall Street, but a profit warning from banking giant Credit Suisse is likely to limit gains....
The price of Bitcoin is down 5.80% at $29,526.36 on mid-Tuesday trades. The crypto market has been struggling to find a direction in the unpredictable market since there is no directional bias either indicating an uptrend or a downtrend....
Dollar Indexis trading up 0.33% at 102.747 The U.S. dollar rose to a two-week high as rising U.S. Treasury yields supported the greenback, pushing the Japanese yen to its lowest level against the dollar in two decades. The yen...