Tag: US
Russell 2000 Weekly Gain Largest Since 2000: US Stock Markets Hit Record Highs
The US stock markets saw significant gains this week, with the Russell 2000 index experiencing its largest weekly increase since 2000. This surge in stock prices was fueled by a variety of factors, including...
US Manufacturing PMI Drops to 46.5, Prices Surge – Action Forex
The US manufacturing sector experienced a decline in October, with the ISM Manufacturing PMI dropping from 47.2 to 46.5. This was below the expected 47.6 and marked the lowest level since July 2023. It...
US Durable Goods Orders Decline in September, Ex-Transport Orders Increase – Action Forex
US durable goods orders in the United States experienced a slight decline of 0.8% month-over-month in September, amounting to USD 284.8 billion. Although this figure was slightly better than the expected decline of 0.9%...
US 100 Index Rally Stalls: What’s Next for Traders?
The US 100 index is currently trading sideways, just below its all-time high, as it grapples with the August 5, 2024 trendline. Market sentiment remains cautiously bullish, with investors closely monitoring geopolitical tensions and...
EUR/USD Mid-Day Analysis and Forecast – Action Forex
The EUR/USD mid-day analysis shows that the intraday bias remains neutral and the outlook is unchanged. While there may be more consolidations above the temporary low of 1.0330, a further decline is expected as...
US Labor Market Adding to Inflationary Pressures – San Francisco Fed Economists
The US Treasury market followed a familiar pattern last week, testing recent lows before rebounding. Despite the lack of a strong trigger like a speech from Powell or retail sales data, the movement was...
Key Trump Trades for Nov 18: Actionable Insights – Action Forex
President-elect Donald Trump has started forming his administration by meeting with outgoing President Joe Biden at the White House. This meeting symbolizes a peaceful transfer of power. Trump's cabinet picks have caused debate, especially...
Dollar Strengthens on Fed Expectations and Risk Sentiment – Action Forex
The dollar strengthened in the currency markets despite US Treasury yields struggling to break through resistance levels last week. Investors adjusted their expectations for the Fed's monetary policy, anticipating a slower pace of interest...
US Equity Market Update: Loss of Shine | Forexlive
The buzz surrounding the recent election has dimmed as uncertainty looms over tariffs and high P/E ratios in the US equity market. After an initial surge following the election, most of the gains have...
ECB Accounts: Need More Time to Declare Victory on Inflation | Forexlive
The European Central Bank (ECB) has been closely monitoring the disinflationary process, which is progressing as expected. However, inflation rates in September fell below initial forecasts, indicating that the upside risks to inflation have...
