2024

Latest Blog

Stocks Pick of The Week - Market Rally Amid Economic Concerns

The Nasdaq Composite and S&P 500 are up more than 2.5% and 1% respectively, reaching all-time highs this week. The Dow has increased by 0.5%. Recent economic indicators, such as higher weekly jobless...

Read More

US Dollar Eases Amid Inflation Data; Key Trends in Gold, Yen, Euro, and Oil

The US dollar eased slightly on Friday after data showed inflation subsided, reinforcing expectations that the Federal Reserve will cut interest rates this year. The personal consumption expenditures...

Read More

Stocks Pick of The Week - S&P 500 Gains Amid Fed Rate Cut Speculation

The S&P 500 posted a small gain as investors anticipated key inflation data, hoping for indications of a potential Federal Reserve interest rate cut. The Dow Jones Industrial Average rose by 36...

Read More

Gold Drops, Oil Gains, and Currency Movements Amid Economic Shifts

GOLD

Gold prices dropped over 1% to $2,320.00 per ounce on Friday due to a stronger dollar and higher bond yields following strong US business activity data. The dollar reached its highest level over...

Read More

Stocks Pick of The Week - Nasdaq Drops as Nvidia Stalls While Dow Surges and Oil Prices Rise

The Nasdaq fell as Nvidia's momentum stalled. The Dow Jones Industrial Average was recording its best day in months. The S&P 500 had a rollercoaster day, reaching a new high above 5,500 before...

Read More

Yellen's $34.7 Trillion Balancing Act Amidst Rising Rates and Inflation Battles

Treasury Secretary Janet Yellen stated that the national debt of $34.7 trillion is manageable if it remains stable relative to the economy. However, high interest rates are increasing the debt...

Read More

Stocks Pick of The Week - S&P 500 and Nasdaq Hit Record Highs on Unexpected Inflation Drop and Tech Gains

Stocks are coming off a winning session, with the S&P 500 achieving its fourth consecutive record close and the Nasdaq Composite also ending at a record high. Wholesale inflation unexpectedly...

Read More

Market Watch: Fed's Summer Strategy Amid Job Growth and Economic Shifts

US

May's robust job growth and wage increases suggest the Federal Reserve might maintain current interest rates through the summer and beyond. The Bureau of Labour Statistics reported a significant...

Read More

Stocks Pick of The Week - Tech Stocks Drive Market to Record Highs Amid Inflation and Election Uncertainties

The stock market continues to perform well as we approach mid-year, with the S&P 500 and Nasdaq Composite achieving new record highs, driven primarily by tech stocks and the artificial intelligence...

Read More

Indices Surge as Commodities Shift in Dynamic Market Highlights

DOW JONES (U30USD)

The Dow Jones Industrial Average had its best session of the year on Friday, capping off a strong month. This rise followed the release of economic data that met expectations,...

Read More
FM_Logo_White-app-1

Download the app today

  • New call-to-action