world stocks recovery
Fundamental Analysis

Currency Futures Decline on US Economic Strength

Currency futures fell against the dollar on Friday amid signs of the United States’ superior economic position compared to other major economies.  US business activity (Source: S&P Global) S&P Global reported a slight decrease in its flash US Composite PMI index for September, dropping from August’s final reading of 50.2 to 50.1. Still, September’s result Read More…

European SWOT Market
Fundamental Analysis

Oil Prices Slip 1% to One-Week Low After Fed’s Rate Decision

Oil prices dropped by about 1% to a one-week low on Wednesday following the Fed’s rate decision. The US Federal Reserve held rates unchanged as markets had expected. However, it maintained its hawkish stance with another rate hike projected for the end of this year.  Brent futures for November delivery went down 81 cents, or Read More…

Fundamental Analysis

Equities Falter Ahead of Fed’s Decision

Equities lost ground on Tuesday as the US Federal Reserve convened its highly-anticipated two-day monetary policy meeting. This meeting caused a shift toward risk-averse sentiment. All three US indices ended lower in a widespread sell-off before the Fed’s impending interest rate announcement on Wednesday.  The Fed will also unveil its Summary Economic Projections, including its Read More…