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…
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’…
The S&P 500 and Nasdaq Composite ended Thursday with small losses ahead of a major jobs report, retreating from record highs hit the day before. The Dow, however, edged up slightly. The S&P 500 and Nasdaq started the day higher and hit intraday records, but then retreated as tech stocks slid. Utilities and industrials also…
In my morning forecast, I drew attention to the level of 1.2779 and planned to make market entry decisions based on it. Let’s look at the 5-minute chart and see what happened. The rise and formation of a false breakout there led to a sell signal, but after moving down by 12 points, the pressure…
The Dow Jones Transportation Average (.DJT) is down about 5% this year, in stark contrast to the S&P 500’s (.SPX) 9% year-to-date gain and the Dow Jones Industrial Average’s (.DJI) 1% gain, which topped 40,000 for the first time this month. While major indexes like the S&P 500, Nasdaq Composite (.IXIC), and Dow have all…
The main events by the morning: May 30 Source link