Tag: Wall Street

ECB Discards Rate Cuts as EUR/USD Hits Lowest Level Since January 5

Yesterday, the Wall Street exchange was closed. Americans were celebrating Martin Luther King Day. The EUR/USD fell overnight towards 1.0910, marking its lowest level...

Wall Street Continues to Surge, Oil Prices Rise, Bitcoin ETFs Gain Momentum

Wall Street continues to rank high. Major indexes have made gains in recent days. Dow Jones, SP500, and Nasdaq100 are again within record levels....

US Inflation Data Stirs Market Volatility, Fed’s March Rate Cut in Doubt

Yesterday's US inflation data caused increased volatility in the market. We saw a few surprises, but their scale was so small that by the...

US stock market rises on expectations of Fed rate cuts

Yesterday, the Nasdaq Composite index recorded its best daily session since mid-November 2023, growing by 2.2%. The SP500 did somewhat worse, with a growth...

Polish Economy: Riding the Wave of Wage Increases, Investment Boosts, and Global Growth

If Poland's economy could be isolated, cutting it off from outside influences, and above all, from Polish politics, our situation would be perfect. Wage...

NFP and ISM Data Send EUR/USD Reeling

The EUR/USD exchange rate showed increased volatility on Friday as a result of NFP and ISM data, but by the end of the day...

Wall Street Correction Gains Momentum as Fed Policy Shift Takes Center Stage

The correction on Wall Street is increasingly gaining momentum. Yesterday, the main Wall Street indices fell. Nasdaq Composite ended the day with a result...

Chinese Manufacturing Activity Rises, Business Confidence Remains Subdued

The private Caixin PMI indicator for the Chinese economy, released this morning, has risen to 50.8 points. This implies that factory activity in China...

U.S. Personal Spending Data to Set Tone for Pre-Holiday Markets

Before the market heads into the holiday-New Year's break, they will receive the latest inflation picture in the USA thanks to Friday's report on...

Cryptocurrencies in a downward trend

Last week, Bitcoin failed to regain momentum and declined to about $40,000. The value of cryptocurrencies fell by almost 6 percent week-over-week as investors...

Fed’s dovish turn sparks rally in markets

Yesterday's decision by the Fed was in line with expectations. For the third time in a row, the institution left interest rates at the...

Markets Anticipate Five Interest Rate Cuts in the US by 2024

Markets are pricing in five interest rate cuts in the US by October 2024. The decisions of the Federal Reserve (Fed) will affect currency...

Investment Risks Ignored, Investors Facing 2024 Correction

All indications point towards the year-end being typically profitable for bulls in the stock market. November was the best month in many years for...
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