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Europe’s manufacturing sector continues to struggle. Oil prices fell below $58 per barrel
By Friday’s close, the Dow Jones Index (US30) rose by 1.08% (weekly -1.75%). The S&P 500 Index (US500) gained 0.98% (weekly -1.65%). The Nasdaq (US100) closed higher at 0.77% (weekly -2.61%). Despite Friday’s gains, all indices ended the week in negative territory. The technology sector weakened again: Nvidia (-1%), Microsoft (-1.3%), Broadcom (-1.9%), AMD (-1.1%),…
Quoin Pharmaceuticals Announces Second Quarter 2025 Financial Results and Corporate Update
– Positive 6 Month Clinical Data Reported for Ongoing Pediatric Netherton Syndrome Study – FDA Clears Second Pivotal Study of QRX003 for Netherton Syndrome – Initial Positive Data Announced from Peeling Skin Syndrome Pediatric Study – Orphan Drug Designation Granted by European Medicines Agency for QRX003 – Rare Pediatric Disease Designation Awarded by U.S. FDA…
USD/CAD Outlook: Head and Shoulder Pattern in Play as Fundamentals Provide Interesting Dilemma
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He…
MACD Divergence and Exponential Moving Average Forex Trading Strategy – ForexMT4Indicators.com
The MACD Divergence and Exponential Moving Average Forex Trading Strategy is a powerful tool that combines two highly effective indicators to provide a comprehensive trading approach. By combining MACD Divergence with the Exponential Moving Average (EMA), traders gain a robust framework for detecting potential market reversals and confirming ongoing trends. This…
Dollar falls as data points to economic slowdown; sterling weak By Investing.com
Investing.com – The U.S. dollar fell in early European trade Friday after weak data fuelled fears of a sharp slowdown in the world’s largest economy, potentially prompting the Federal Reserve to aggressively loosen monetary policy. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded…
Tumultuous Week In Stock Trading Ends On Steadier Note
Media reports described the first full week of stock trading in August 2024 as a “wild week” filled with unexpected dips and a shaky recovery towards Friday 9 August 2024. The S&P 500 experienced its worst Monday and best Thursday since 2022 on 5 and 8 August 2024 respectively, typifying the seesawing markets. Based on…
