Tag: Stock market
Fed Put Success: Analyzing the Impact on Forex Markets
Yesterday, Jeremy Siegel, a Warton Professor known for his market commentary, made a bold call for an emergency 75 basis point Fed cut, followed by another 75 bps in September. However, with the Atlanta...
Nikkei Index Surges with Record Single-Day Jump in Points
Japan experienced a significant turnaround in the stock market as the Nikkei 225 and the Topix rebounded after a steep drop in the previous session. The Nikkei 225, which had seen its largest loss...
Weekly Forex Market Outlook: 29th July – 2nd August
This week, there are several key events and data releases that will impact the forex market. Here's a rundown of what to expect:On Tuesday, Switzerland will release the KOF economic barometer, and the U.S....
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...
Pharma Giants Pfizer and Merck Earnings Preview: Diverging from Big Tech and Growth Styles
Both Merck and Pfizer are set to release their Q2 '24 financial results on Tuesday morning, July 30 '24, before the market opens. Pfizer, which has seen a decline in its stock price from...
Philips Second-Quarter Sales Jump 10.5% Despite China Weakness
Shares of Dutch technology company Philips saw a significant increase of over 10.5% in early trading on Monday following the release of their second-quarter earnings report. Even though sales in China experienced a decline,...
Nasdaq Technical Analysis: Is This a Great Dip-Buying Opportunity?
The Nasdaq has been experiencing a decline recently, particularly after the US CPI report on July 11th. Initially, there was a shift from big cap stocks to small cap stocks, but the bearish momentum...
Market Outlook: Key Highlights for the Upcoming Week
This week will be packed with significant events in the financial world, with key highlights to look out for.The Federal Reserve is set to announce its latest decision on interest rates on Wednesday, with...
Key Considerations for Dividend Investors Ahead of Fed Meeting
The recent market downturn has seen the S&P and Nasdaq experience significant declines, with individual stocks like Taiwan Semi, Broadcom, and Tesla also taking hits. However, the value rotation towards undervalued blue-chip stocks with...
WTI Oil Price Outlook: Rising Amid Geopolitical Tensions, Key Resistances Holding
WTI oil prices saw a boost on Monday due to increased tensions in the Middle East, leading to concerns about the oil supply. The price opened higher, recovering from last week's low but staying...