Tag: Market trends
Fed’s Interest Rate Cuts: Key to Preventing Recession – Market Outlook
Federal Reserve Chairman Jerome Powell and the rest of the central bank are facing a critical decision that could impact the economy and the financial markets. The recent turbulence on Wall Street has raised...
Is the Stock Market Rout Over? Insights and Analysis on Market Trends
Investors around the world held their breath as the stock market experienced a tumultuous time on August 5th. With Japan's Topix share index plummeting by 12%, South Korea and Taiwan seeing drops of 9%...
Today’s Key Events in the Forex Market
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand the risks involved before deciding to trade in the forex market. Leverage can amplify...
Navigating the Volatility: Understanding the Rollercoaster Ride of Japanese Stocks
Global markets have been experiencing high levels of volatility due to fears of an American recession. This volatility has been particularly evident in Japan, where the Topix index plummeted by 12% on August 5th,...
EUR/USD Daily Forecast: Latest Analysis and Updates
The EUR/USD pair has been showing an upward trend, with the intraday bias still tilted towards the upside as long as the minor support at 1.0932 holds. This current uptrend is seen as a...
Chicago Fed President Goolsbee’s Plan to Fix Deteriorating Economy
Chicago Federal Reserve President Austan Goolsbee recently addressed concerns about the deteriorating economy during an interview at Jackson Hole on August 8, 2023. Goolsbee emphasized that the central bank would closely monitor any signs...
Wall Street Rejoices: Positive News Boosts Market Sentiment
Capital markets in New York are feeling the positive effects of recent news, bringing a sense of relief to Wall Street. The response in 2022 to spiked interest rates was immediate, with stocks taking...
Gold Price Rebounds from 50-Day SMA – Latest Analysis and Forecast
Gold prices have been on a rollercoaster ride recently, hitting an all-time high of 2,483 on July 17 before pulling back. The 50-day SMA has been a key level of support, preventing further declines...