Tag: OANDA

The Market Looks Ahead to Tomorrow’s Fed Decision

Last week, the ECB cut interest rates, which came as no surprise to anyone. Meanwhile, the Polish Monetary Policy Council (RPP) maintained its monetary...

Market Reacts to Economic Data with Gains in Dow Jones and S&P 500, OPEC+ Extends Supply Cuts

Friday's trading saw gains in the Dow Jones index (+1.51%) and S&P 500 (+0.8%), while the tech-heavy Nasdaq Composite remained unchanged (-0.01%). The PCE...

Divergence in Monetary Policies as an Argument for a Stronger Zloty

The volatility in the foreign exchange market during yesterday's ECB decision and the subsequent press conference was limited. The euro gained slightly, but the...

Indices Climb to Record Highs, Central Bank Decisions Key for Markets

Indices SP500 and Nasdaq Composite grew by 1.2% and 2% respectively yesterday, closing at record highs. The Dow Jones gained a modest 0.3%, but...

EURUSD Hits Highest Level in Over Two Months

The main currency pair reached its highest level since March 21, trading above 1.09. U.S. Treasury yields have decreased across the yield curve. Meanwhile,...

ECB Will Cut Rates, But What’s Next?

Next week, the ECB is likely to cut interest rates by 25 basis points, despite recent weaker inflation data and stronger negotiated wage growth....

European Markets Gain as US and UK Celebrate Holidays

Yesterday, Americans and Brits were celebrating holidays. European stock markets ended the day in positive territory. The DAX and CAC40 each rose by over...

Time for a Correction? Wall Street at a Critical Juncture

Thursday brought slight declines in Wall Street indices after previously setting new record levels. The main currency pair, after reaching a local high close...

US Inflation Report Weakens Dollar, Boosts Global Stock Markets

The US inflation report released yesterday weakened the US dollar and caused a drop in US Treasury yields while boosting stock indices on Wall...

Wall Street Rises on Buyer Dominance Despite Higher PPI; Powell Maintains Firm Stance on Interest Rates

Yesterday on Wall Street, the "buyers" camp once again prevailed. The indices closed higher despite the Producer Price Index (PPI) exceeding market estimates. The...

US Stock Market Consolidates, Investors Await Inflation Report

Yesterday on Wall Street, we observed a consolidation of the major stock indexes. There were also minor changes in the yields of U.S. Treasury...

U.S. Unemployment Claims Dampen Investor Sentiment

"Second-tier" data such as U.S. unemployment claims played the "lead violin" yesterday, partly due to this week's relatively sparse macroeconomic calendar. The unexpected data...

Wall Street Ends Mixed, Crude Oil Rises on Falling U.S. Inventories Ahead of Inflation Data

Wednesday's session on Wall Street yielded mixed results for stock indexes. While the Dow Jones Industrial Average gained 0.4%, the Nasdaq Composite lost 0.2%,...

Two Speeds in Europe: Services Surge, Industry Sputters

Services in Europe are performing well, in contrast to the industry sector, according to preliminary PMI indicators published yesterday. The same data for the...
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