fundamental analysis

Top daily news Stock indices dropped and the greenback strengthened after US Treasury Secretary Steve Mnuchin said there was too little time left before the November 3 presidential election.The US authorities will not have time to pass a law on the allocation of funds to support the economy...

Top daily news Global markets are retracing lower currently after President Trump tweeted “tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately.” Wall Street extended gains Thursday led by technology shares on hopes lawmakers will...

Top daily news Stock market advance continues currently after a bullish session Wednesday on additional stimulus hopes. Tesla rose 2.37% outperforming the market, while Amazon shares rose 0.12% -underperforming. Forex news Currency Pair Change EUR USD +0.03% GBP USD +0.62% USD JPY...

Top daily news Global stocks rebound continues currently ahead of first US presidential debate today after a bullish run on Monday led by energy shares. Risk on sentiment was boosted by House Speaker Pelosi’s weekend comment that a deal on new aid can be achieved. Apple advanced 2.38%...

Top daily news Downdraft continues in stock markets currently after a slump on Wednesday as Fed chair Powell told interest rates would remain low until at least 2024 and “there is a long way to go” for recovery from the economic downturn. Large capitalization technology shares led losses with...

Top daily news Global equities are broadly in retreat currently after a selloff on Monday led by banking shares as Fed’s Powell told it’s up to Congress to provide aid to some troubled companies. Apple advanced 3.03%, outperforming market, while Google shares fell 1.44%. Forex news...

Top daily news Global markets are edging higher currently after Wall Street retreat broadened Thursday led by technology shares. Tesla underperformed market dropping 4.1% . Berkshire Hathaway stock also underperformed market, down 1.03% Thursday. Forex news Currency Pair Change EUR USD...

Top daily news Global equities are in freefall currently after a mixed session on Wednesday as Fed chair Powell told interest rates would remain low until at least 2024 and more fiscal support is likely to be needed. Large capitalization technology shares led losses with Apple falling 2.95%...

Top daily news Equities are rising currently after a bullish session on Monday led by technology shares as Treasury Secretary Mnuchin said the Trump administration will review the proposal from Oracle to make Chinese-owned TikTok a US-headquartered company. Apple advanced 3.0%, outperforming...

Top daily news Equities are edging higher currently after Wall Street rebound faded Thursday led by technology shares. Technology stocks with too high current valuations resumed declining as Democrats blocked a Senate Republican bill on $300 billion new coronavirus aid. Apple stock, down...

Top daily news Equity markets are mostly rising currently after a rebound on Wednesday led by large capitalization technology shares. Investors are awaiting the European Central Bank decision in light of US Federal Reserve adopting average inflation targeting policy. Forex news Currency...

Top daily news Equity markets are in the red currently after the Wall Street selloff Thursday led by technology shares. Forex news Currency Pair Change EUR USD -0.08% GBP USD +0.59% USD JPY -0.01% The Dollar strengthening is intact currently ahead of the US non-farm payroll report...

Top daily news Equity markets are mixed currently after another bullish session Wednesday still led by large capitalization technology shares despite disappointing US employment data. Investors sentiment was buoyed by reports Treasury Secretary Steven Mnuchin restarted talks with House...

Top daily news Equity markets are rising currently after another bullish week ended last Friday. Market sentiment got a boost from Federal Reserve’s policy shift to average inflation targeting that would allow higher inflation implying easy monetary policy for longer. Forex news Currency...

Top daily news Equity markets are mixed currently after a choppy trade Thursday as Federal Reserve announced a shift in policy framework that will place more emphasis on boosting economic growth and less on worries about letting inflation run too high. Forex news Currency Pair Change EUR...

Top daily news Equity markets are mixed currently after another bullish session Wednesday highlighted the technology leadership in the continuing rally. Investors are awaiting the address by Federal Reserve Chair Powell today at the Kansas City Fed Jackson Hole symposium, where he will talk...

Top daily news Global markets are advancing currently after a bullish session on Monday as Republicans opened their national convention in Charlotte, North Carolina. Republicans formally nominated President Trump for another term. President Trump said Democrats are “ using COVID to defraud...

Top daily news Equity markets are rising currently after another bullish week ended last Friday. Market sentiment got a boost from US authorization of the blood plasma use from recovered patients as a coronavirus treatment option. Forex news Currency Pair Change EUR USD -0.4% GBP USD...

Top daily news Global markets are advancing currently after a rebound Thursday. US markets’ rally resumed yesterday despite data showing an uptick in jobless benefits applications. Forex news Currency Pair Change EUR USD +0.12% GBP USD -0.63% USD JPY +0.08% The Dollar weakening is...

Top daily news Equity markets are in red currently after Fed policymakers’ comments in the July meeting minutes released Wednesday highlighted uncertainties over the US recovery. As Investors are awaiting when US lawmakers will restart negotiations on fresh coronavirus relief Democratic House...