Market News and Trade Ideas

Market News and Trade Ideas

European stock markets

European Stocks Largely Higher; DAX Underperforms After Trade Deficit 

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...

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copper

Copper set to end June with a 16-month low

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...

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US Dollar Index

Euro trims declines against U.S. dollar after Spanish inflation surge

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...

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U.S. dollar index

Dollar Index Edges Lower as Investors Gauge Fed Rate Path

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...

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Chicago Wheat futures

Wheat approaches 4-month low, providing relief to inflation

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...

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U.S. Dollar Index

Dollar Down as Recession Fears Continue to Mount

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...

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European stock markets

European Stocks Higher; German CPI Data Soars

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...

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COMEX gold futures

Gold declines as dollar strengthens and yield rose

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...

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World stocks

World stocks hit two-week lows on inflation jitters, policymakers boost yen

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...

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