Major US stock indices are trading mixed at the opening of trading today, Tuesday, July 22, as companies continue to announce their quarterly results and anticipate US trade talks as the August 1 deadline for an agreement approaches. The S&P 500 and Nasdaq hit new record highs yesterday, Monday, with no US economic indicators during today's session, except for statements...
Gold is trading higher by more than 1% at the start of the US session today, Monday, July 21, the opening session of the week, affected by the decline in the US dollar amid monitoring of developments in tariffs as the deadline approaches and the absence of economic figures during today's session. The yellow metal is trading up by about...
The Japanese yen rose more than 100 points against the US dollar after opening higher at 147.90 at the opening of the weekly markets on Monday, July 21. This was affected by the government and ruling coalition losing their upper house majority in Sunday's elections, which increased investor anxiety and tension regarding the Bank of Japan's political and financial outlook,...
Asian markets closed higher at the end of trading on Monday, July 21, the opening session of the week. Chinese indices closed with collective gains after the People's Bank of China decided to maintain interest rates, while Japanese markets were closed for Navy Day. The People's Bank of China maintained the one-year lending rate at 3% and the five-year lending...
Cryptocurrencies recorded collective gains in mid-trading on Friday, July 18, the final session of the week, benefiting from the passage of three regulatory bills in the US House of Representatives. This brought the market capitalization of the cryptocurrency market to a record high of 4 trillion for the first time, with Dogecoin leading the gains of cryptocurrencies today. The US...
Asian markets closed mixed at the end of trading on Friday, July 18, the closing session of the week. Japanese indices declined as fears of a loss for the prime minister's coalition in Sunday's elections mounted. Chinese markets rose, and Australian stock markets reached a record high, coinciding with Wall Street's close at record levels. In economic data released this...
Data released just moments ago from the US Census Bureau showed a rise in US retail sales in June, exceeding market expectations. Sales rose to $720.1 billion, up 0.6% from May's reading, which declined 0.9% (expected 0.1%), and were up 3.9% year-over-year. Core sales, excluding autos, rose 0.5% in June, compared to a revised 0.2% decline in May. Non-store sales...
Gold is trading lower in mid-European trading today, Thursday, July 17, as market fears ease after the US President denied reports of the dismissal of Federal Reserve Chairman Jerome Powell. This supported the rise of the US dollar and the decline of the metal amid anticipation of US retail sales figures. The yellow metal is trading down about 0.60% at...
Australia's unemployment rate rose to its highest level in four years (November 2021) in June, reaching 4.3%, according to figures released by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, July 17, after remaining stable at 4.1% in May and June. Expectations had indicated that it would also remain stable in July at...
The three major US stock indices registered gains at the opening of trading today, Wednesday, July 16, with the start of the earnings season and the release of quarterly results for companies and financial institutions for the second quarter of this year. Positive results from the banking sector supported the opening of the markets, with Goldman Sachs, Morgan Stanley, Citigroup,...