Market News and Trade Ideas

Market News and Trade Ideas

Dollar Index

Dollar Stabilizes Below 20-Year High; Bostic Comments in Focus

Dollar Index is trading down 0.09% at 103.54 The U.S. dollar stabilized in early European trade Tuesday after earlier falling back from a two-decade high as traders reappraise the likelihood of aggressive Federal Reserve rate increases. At 3:05 AM...

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wheat futures price

Wheat rose on supply concerns

Chicago wheat futures price is down 0.95% at $11 per bushel on mid-Frida trades. Wheat prices rose this week on weather concerns among top global producers and as India mulls export restrictions on wheat. The record heat waves in...

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U.S. stock index futures

Futures rise on earnings reports ahead of Fed decision

S&P 500 is trading up 0.48% at 4175.47 U.S. stock index futures rose on Wednesday helped by positive earnings updates from companies such as Starbucks and Advanced Micro Devices (NASDAQ:AMD), with the Federal Reserve likely to deliver the biggest...

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Australian Dollar

Australian Dollar Soars After Rate Hike

AUD/USD is trading up 0.78% at 0.7102 The U.S. dollar edged lower in early European trade Tuesday ahead of the start of the latest Federal Reserve policy-setting meeting, while the Australian dollar soared after the Reserve Bank raised interest...

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copper futures

Copper declines further after a brief relief from the Chinese comment

The price of COMEX copper futures is down 0.42% at $4.4380 per pound. It continues its negative momentum which rebounded briefly on Wednesday as China’s central bank announced that it will step up its support for the economy. The...

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Nasdaq futures

Nasdaq futures jump after strong Meta results; GDP data awaited

NASDAQ 100 is trading down 0.05% at 13003.36 Nasdaq futures jumped almost 2% on Thursday, as a surge in Meta Platforms shares after its strong results eased pressure on growth and technology stocks that have been battered on concerns...

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EURUSD

Euro slips below $1.06 for first time since 2017

EURUSD is trading below 0.46% at 1.0588 The euro fell below $1.06 for the first time in five years against a broadly strong U.S. dollar on Wednesday amid rising concerns around energy safety and growth slowdown in China and...

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