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JPM Stock Hits All-time High This week the reporting season begins — company results for the 4th quarter will certainly become one of the most important drivers of stock index prices, along with the publication of news about inflation, the labor market, and statements from the Federal Reserve...

High Hopes for FTSE 100 Deflate After First Week of 2024 At the end of last year, there were a number of interesting speculations regarding the trajectory that the stock of London's most prestigious 100 companies would take in the new year. The FTSE 100 index had been increasing in value very...

The Dollar On the Rise ahead of the US Non-farm Payrolls Report The American currency is receiving support after the publication of the meeting minutes of the Federal Open Market Committee, according to which officials may begin a cycle of interest rate cuts by the end of this year, while...

USD/JPY: The Price Reaches Resistance at 145 Yen per US Dollar As of Friday morning, the situation on the USD/JPY market deserves attention: → the US dollar is on course to demonstrate its strongest week since July 2023. The media writes that markets are adjusting expectations regarding the...

Market Analysis: Gold Price Corrects Gains While Crude Oil Price Aims Higher Gold price is correcting lower from the $2,088 resistance. Crude oil price is rising and it could climb further higher toward the $75.90 resistance. Important Takeaways for Gold and Oil Prices Analysis Today Gold...

5 Stocks To Consider in January 2024 A new year means a new start. Market optimism appears to be the order of the day as the beginning of 2024 leads a foray into the new era in which the slow recovery of Western economies signalled in 2023. With tech stocks back in the limelight over the...

European Currencies Find a Short-term Bottom after Publication of Fed Minutes The beginning of this year turned out to be quite successful for the American currency. In just a few trading sessions, the euro/US dollar pair lost about 200 points, the pound/US dollar pair dropped to 1.2600, and...

Analysts Downgrade AAPL Shares According to Yahoo Finance, Barclays analysts downgraded AAPL shares to “underweight” and lowered their price forecast: they expect the share price to drop to USD 160 (although AAPL traded above USD 184 yesterday). Analysts justified their decision by their...

Traders Adjust Their Expectations for Fed Action From the beginning of November to the end of December 2023, the dollar index futures price fell by approximately 5.5%, according to the CME exchange. The weakening of the USD was caused by the sentiment of traders who expected the Fed to cut...

EUR/USD, GBP/USD, and USD/JPY Market Analysis Today, investors are focusing on the December minutes of the US Federal Reserve meeting, which will help clarify the regulator’s plans for the near future: more than 70.0% of analysts expect that officials may resume the program to reduce borrowing...

2024 Is All About Interest Rate Policy, but Who Is Right? There are high hopes for the year ahead, especially given that 2023 was mostly a period in which rebuilding Western economies was steady and relatively progressive within the financial markets. Britain slowly moved forward, away from...

Bitcoin Price Starts the Year with Bullish Sentiment The first Bitcoin block, also known as the genesis block, was mined on January 3, 2009 at 18:15:05 UTC. 15 years have passed and the value of Bitcoin is in the tens of thousands of US dollars. In the first days of 2023, bitcoin was worth...

Market Analysis: GBP/USD Retreats From Highs, USD/CAD Grinds Higher GBP/USD declined below the 1.2715 support zone. USD/CAD is rising and might aim for more gains above the 1.3330 resistance. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a fresh...

The Dollar Stopped Falling The US dollar is trying to win back losses, trading at 100.800 in USDX, however, key statistics on the labour market were negative: the number of initial applications for unemployment benefits amounted to 218.0k, much higher than 206.0k a week earlier and the...

USD/JPY Analysis: Outlook for 2024 The Japanese yen has been one of the worst performing currencies over the past couple of years. The situation could improve in 2024, writes WSJ. The yen has lost about 20% against the dollar since the end of 2021, underperforming other major currencies. The...

Market Analysis: AUD/USD and NZD/USD Regain Strength AUD/USD is moving higher and might climb further above 0.6870. NZD/USD is also rising and could extend its increase above the 0.6370 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a...

Brent Crude Oil Dips Back Below $80 Mark Despite Middle East Escalation The commodities market is a wide-ranging and varied one, largely because the different physical products represent different uses. Oil is one of those rare commodities that is an actual consumable item, and due to its...

European Stock Index Shows Signs of Weakness As the comparison chart shows, the ESX50 lags behind the US500. And this trend has been observed since mid-December, a period when central banks around the world published interest rate decisions and set expectations for the future. The divergence...

ETH/USD Analysis: New Record of the Year Today, the price of Ethereum exceeded the level of 2,440 per token, thereby setting a new high for 2023. It is noteworthy that the price of Bitcoin did not support the bullish sentiment, continuing to fluctuate around the USD 43,000 level for the fifth...

FTSE 100 Continues Pre-holiday Rally: Is 8000 in Sight? Almost a year ago, the FTSE 100, which is a prestigious index comprising the most prestigious blue-chip stocks of companies listed on the London Stock Exchange, hit 8,000 points for the first time in history. The euphoria that...