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Markets
Dow Jones surges 1,050 points as stocks rebound from tech selloff
The Dow Jones Industrial Average surged 1,050 points, or 2.15%, to close at 49,958.72, a fresh record high on Friday as stocks rebounded sharply from Thursday's tech-led selloff.…
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Silver rebounds sharply on safe-haven demand, rate cut speculation
Silver (XAG/USD) trades firmly higher on Friday and hovers around $76.20 at the time of writing, posting gains of 3.50% on the day. After coming under pressure earlier in the day,…
Rebounds as US Dollar retreats, but weekly losses persist
GBP/USD rebounds as US Dollar retreats, but weekly losses persistThe Pound Sterling (GBP) recovers on Friday, up by 0.60% as the US Dollar (USD) makes a U-turn, erasing Thursday’s…
US UoM Consumer Sentiment Index improves to 57.3 in February vs. 55 expected
Consumer confidence in the US improved slightly in February, with the University of Michigan's Consumer Sentiment Index rising to 57.3 from 56.4 in January. This print came in…
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Pound pressured by BoE and politics – MUFG
Lee Hardman from MUFG highlights that the Pound has sold off sharply, with EUR/GBP breaking above its 200-day moving average as markets reprice a more dovish Bank of England path.…
S&P 500 futures press the central pivot as the two-way structure guides the New York setup
ES is rebounding from the lower range after a three-session pullback, with the central pivot now acting as the key decision point for rotation back toward the upper band or…
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When is the US UoM sentiment and price expectations data and how could it affect EUR/USD?
The United States (US) preliminary University of Michigan (UoM) Consumer Sentiment Index and Inflation Expectations data for February is scheduled to be published today at 15:00…