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The US stocks are back to selling off. The US raised tariffs on China to 145%
The Dow Jones index (US30) was down 2.50% at Thursday’s close. The S&P500 Index (US500) was down 3.46%. The Nasdaq Technology Index (US100) fell by 4.19%. The White House announced it would raise tariffs on China to 145%, adding uncertainty and fueling fears that trade wars could lead the US into recession. Technology giants led…
The US Fed surprised the market with a sharp rate cut. Australia’s labor market remains resilient
Stocks rallied first on Wednesday afternoon, with the S&P 500 (US500) and Dow Jones (US30) rising to new record highs and the NASDAQ (US100) rising to a 3-week-high. The FOMC’s decision on Wednesday to cut the target range for the federal funds rate by 50 bps and project another 50 bps rate cut before the…
Australian dollar down in Asia as it unwinds Wednesday’s gains | investingLive
It’s all one trade at the moment. AUD/USD is unwinding the post-Fed gains, just like stocks. Asia tried to push the moves further but soon ran out of gas. That led to profit taking and was helped along by the usual AI-overspend theme as Oracle shares were wrecked after earnings. The good news for AUD…
The Witches of Oz Are Back in Wicked 2
The Magic Returns in the Second Film Adaptation of the Iconic Broadway Musical. Oz is calling again. And this time, it’s Wicked for Good. The Witches of Oz are back in Wicked 2, and the magic is stronger than ever. The second film in the two-part adaptation of the legendary Broadway musical is flying into…
Gold Miners Junior (GDXJ) Zigzag Correction in Progress – Forex Market Analysis – ForexCycle.com
Gold Miners Junior (GDXJ) is an exchange-traded fund (ETF) managed by VanEck. This ETF primarily invests in small-cap companies in the gold and silver mining sector. The ETF has higher potential for growth or risk compared to larger, established mining companies. These junior miners can offer significant leverage to gold price movements. It makes GDXJ…
