what to look out for when watching a stock
Fundamental Analysis

Currency Futures End Lower as Dollar Posts Third Week of Gains

Currency futures fell as the dollar gained for the third consecutive week on Friday due to increased expectations of higher interest rates and ongoing discussions about the US debt ceiling. Talks between President Joe Biden and top congressional Republican Kevin McCarthy showed some progress and calmed investors. However, doubts remained about the timing of an Read More…

Crude oil (CL) futures
Fundamental Analysis

Oil Rallies on Crude Stocks Draw, Saudi Minister’s Warning

Oil prices increased by 2% on Wednesday due to a significant and unexpected decrease in US crude inventories. The Saudi energy minister’s warning about potential OPEC+ production cuts further contributed to the rise.  The Energy Information Administration on Wednesday reported a substantial weekly drawdown of 12.5 million barrels, bringing US crude inventories to 455.2 million. Read More…

Fundamental Analysis

Equities Plunge Amid No Breakthrough on US Debt Talks

US equities experienced a significant decline on Tuesday, and short-term Treasury yields surged as investor concerns heightened due to the lack of progress in US debt limit negotiations. Representatives from President Joe Biden’s administration and congressional Republicans concluded another round of talks on the debt ceiling on Tuesday. The deadline to raise the government’s borrowing Read More…

Stock price chart
Fundamental Analysis

Currency Futures Climb as Dollar Slips After Powell’s Speech

Most currency futures rose on Friday as the dollar dropped due to Federal Reserve Chair Jerome Powell’s unexpected dovish stance. Contrary to market expectations, Powell stated that the US central bank might not need to raise interest rates as much, considering the tightening of credit conditions.  Additionally, the dollar faced pressure from a pause in Read More…