Trump Back in the White House: Record Growth on Wall Street On Wednesday, U.S. stock indexes showed a sharp rise, reaching record levels, after Donald Trump won the 2024 U.S. presidential election in a sensational victory. Four years after leaving the political arena, he returned, surprising many analysts and investors. Strong Start: Dow, S&P 500,…
Gold faced strong selling pressure today, dropping to the key level of $2,700—its nearly three-week low—within an hour before the European session. The Republican candidate, Donald Trump, leads in the U.S. presidential race and is likely to become the 47th President of the United States. This development triggered aggressive selling of the yellow metal and…
U.S. Stock Market Wrap-Up: Election Anticipation and Investor Anxiety U.S. stocks ended slightly down on Monday after a volatile trading session, with investors bracing for a decisive week as the nation prepares to choose its next president and the Federal Reserve gets set to release a key policy statement. Final Push: Trump vs. Harris In…
In the third quarter, the eurozone economy showed unexpectedly strong growth, reaching 0.4%. France and Spain became the key drivers of this growth, and Germany, which was previously under threat of recession, increased GDP by 0.2%. In Italy, the production level remained at the level of the previous quarter. Inflation in Spain accelerated slightly to…
The yuan is feeling a strong influence caused by the return of Donald Trump to the US political arena. Negative expectations in the market arose due to Trump’s programs to increase trade tariffs on Chinese goods. These fears are reinforced not only by speculators, but also by the actions of exporters themselves, who prefer to…
Forex Trading Glossary C-D CableNickname for the Great Britain Pound. Candlestick ChartsThis is a form of price presentation similar to bar charts which is used to identify localized price patterns that represent market psychology that Japanese originated in the 1600s to analyze the price of rice contracts. As with bar charts, Candlestick charts use…
Political turmoil in France has led to London once again becoming Europe’s largest stock market, overtaking Paris. President Emmanuel Macron’s surprise announcement of early elections sparked a wave of unrest, leading to the loss of about $258 billion in market capitalization of French companies last week. The largest French banks such as Societe Generale, BNP…
The United States imposed sanctions against Mosbirzhi, NCC and NSD. Starting from June 13, the dollar and the euro will stop trading on the stock exchange – transactions will take place on the over-the-counter market. The Bank of Russia will set the official exchange rate based on bank reports and over-the-counter trading. The sanctions will…
The S&P 500 and Nasdaq both hit new record closing highs on Monday, despite investor caution ahead of consumer price data and the Federal Reserve’s policy announcement this week. Nvidia (NVDA.O) shares provided some support to the Nasdaq and S&P 500, rising 0.7% after a 10-for-one stock split. Some investors now believe the chipmaker could…
Wall Street stocks ended slightly lower on Friday amid turbulence after strong U.S. jobs data confirmed the resilience of the economy but also raised concerns that the Federal Reserve may keep interest rates high longer than many investors had expected. The U.S. Labor Department said it added about 272,000 jobs in May, well above analysts’…