what to look out for when watching a stock
Fundamental Analysis

Equities End Lower as Investors Ponder the Fed’s Next Policy Moves

On Monday, US equities closed lower as investors deliberated the possibility of the US Federal Reserve pausing its interest rate hikes during the upcoming policy meeting. Meanwhile, Apple experienced a brief surge to a record high before eventually losing ground.  Apple Inc. ended the day with a 0.8% decline after introducing an augmented-reality headset called Read More…

Fundamental Analysis

Currency Futures Slide in Response to Robust US Employment Growth

Currency futures slid on Friday as the US dollar gained value due to a surge in employment numbers reported in May.  In May, public and private sector payroll rose by 339,000, exceeding the average forecast of 190,000 by economists. This increase followed a rise of 253,000 in April. However, despite the strong hiring, the unemployment Read More…

Fundamental Analysis

Gold Surges as Dollar Declines Amid Reduced June Rate Hike Bets

On Thursday, gold surged by nearly 1% to reach a one-week peak due to a decline in the dollar’s value amid reduced rate hike expectations. The rise in gold also occurred after the US House of Representatives approved a bill to lift the federal debt limit. Despite opposition from hardline members of both political parties, Read More…

Crude oil (CL) futures
Fundamental Analysis

Oil Declines on Stronger Dollar and Weaker Chinese Data

Oil prices fell on Wednesday due to a stronger US dollar and disappointing data from China, raising concerns about demand. Chinese manufacturing activity declined more than anticipated in May. The manufacturing purchasing managers’ index dropped to 48.8 from April’s 49.2, falling short of the expected 49.4 and resulting in a sharp decline in oil prices. Read More…

Fundamental Analysis

Equities End Flat Amid Debt Ceiling Woes, Support from Nvidia

Worries over opposition to a debt ceiling increase pressured equities on Equities, resulting in a mixed closing on Tuesday. However, the market received support from a surge in Nvidia shares, briefly propelling the chipmaker’s value to $1 trillion, a rare achievement. The S&P 500 index closed with minimal change but remained close to its highest Read More…

what to look out for when watching a stock
Fundamental Analysis

Equities Decline, But Debt Ceiling Optimism Lifts Wall Street Futures

European equities experienced slight declines on Monday, while Eurozone bond yields decreased. However, the news of a debt ceiling deal in the US over the weekend maintained positive sentiment for Wall Street futures. US President Joe Biden and top congressional Republican Kevin McCarthy agreed on Saturday to raise the federal government’s $31.4 trillion debt ceiling Read More…