Market News & Analysis

Market Analysis and News

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US30 index reaches a record high!
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17 Oct 11.45

US30 index reaches a record high!

US30 index reached a record high of 43,135 points, driven by strong financial stocks like Morgan Stanley. Investors remain cautious ahead of upcoming retail sales and jobless claims data, while major tech companies showed mixed performance.

S&P500 hits new record high!
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15 Oct 03.32

S&P500 hits new record high!

The S&P 500 reached a new record high, closing at ~5,860. This milestone caps a two-year bull run driven by strong corporate earnings and AI interest.

LATEST ANALYSIS
BTC rebounds after briefly touching below $65 000
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19 JUN clock 11:03

BTC rebounds after briefly touching below $65 000

Uncertainty over highly anticipated interest rate cuts is weighing on BTC as well as on the broader crypto market.
GBPJPY to close above psychologically important 200 level?
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18 JUN clock 13:04

GBPJPY to close above psychologically important 200 level?

Looking ahead, according to Bloomberg’s FX model, the GBPJPY is expected to trade (with 75.9% probability) within 197.728 – 203.010 range during the next 7 days.
This Week: UK100 crosses back above 50-period SMA ahead of this week’s UK data dump
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17 JUN clock 09:36

This Week: UK100 crosses back above 50-period SMA ahead of this week’s UK data dump

Of all the major European indices, the UK100 index is the sole stock index which retains its quarter-to-date gains, currently exceeding 3%.
BRN on track to post the first weekly gain in four weeks?
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14 JUN clock 16:03

BRN on track to post the first weekly gain in four weeks?

BRN may be able to post its first weekly gain in the past four weeks following the lower PPI and an uptick in initial jobless claims reading.
Gold edges towards $2330 following the lower-than-expected US PPI
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14 JUN clock 11:14

Gold edges towards $2330 following the lower-than-expected US PPI

Producer inflation fell 0.2% vs. 0.1% expected, fueling hopes that a rate cut may finally be on the horizon.
Broadcom reaches all-time high following strong earnings report
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13 JUN clock 16:00

Broadcom reaches all-time high following strong earnings report

Broadcom’s stock has reached a new milestone by briefly touching $1503.46 following the better-than-expected earnings report for Q1 2024.
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