UK inflation the notable data release in the session ahead

It is all about the reaction to the US CPI data yesterday and for now, markets are looking calmer so far today. The dollar dropped heavily and may look to be challenged further, with EUR/USD leading the charge as seen here. Meanwhile, equities look poised to extend gains with S&P 500 futures now seen up

AUD/USD falls for straight fifth trading session on global slowdown fears

Share: AUD/USD refreshes weekly low near 0.6560 as the broader market mood is risk-off. Fed Powell considered current monetary policy as inadequate to bring down inflation to 2%. The RBA MPS report indicated that further tightening would be largely dependent on incoming data. The AUD/USD pair continues its losing streak for the fifth

DJIA slightly lower in low-volatility session

Share: Dow Jones has broken out of a three-month descending price channel. Fed’s Powell, Williams speak at event on Wednesday. Dow Jones Industrial Average gained 5.07% last week, the largest weekly gain since October 2022. Disney is scheduled to deliver fiscal Q4 earnings after the close on Wednesday. Unemployment Rate, SLOOS report, credit

US stocks close at session lows. Nasdaq gets hammered.

US stocks are closing the session at the lows with the Nasdaq index leading the way. The final numbers are showing: Dow industrial average -286.91 points or -0.86% at 33127.27 S&P index -53.84 points or -1.26% at 4224.15 NASDAQ index is down -202.38 points or -1.53% at 12983.80 For the trading week, the NASDAQ fell

Major European indices close the session down on the day

The major European stock indices are closing the day lower. The German Dax was the weakest. German Dax -1.55% at 15186.67 France CAC -1.42% at 7003.54 UK’s FTSE 100 -0.59% at 7599.59 Spain’s Ibex -1.10% at 9232.91 Italy’s FTSE MIB -0.92% at 28230.89 For the trading week, the indices are closing with mixed results: German