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Defense stocks steal the limelight
2026 is turning out to be full of surprises, mostly due to President Trump. He is once again dominating markets, and this time his rapid expansion of foreign policy is triggering a…
Board turns cautious on future rate moves
The Mexican central bank also known as Banxico, revealed the December meeting minutes on Thursday, and cautioned that they will adopt a gradual approach on future monetary policy…
EUR/USD slides to 1.1650 as strong US jobs data boosts Dollar
EUR/USD drops for the fourth straight day on Thursday as jobs economic data fared better than expected. Data in the Eurozone reaffirmed traders that the European Central Bank…
Focus shifts to US Nonfarm Payrolls
The US Dollar (USD) posted decent gains, enough to maintain its optimism unchanged so far this year. Meanwhile, market participants remained cautious ahead of the release of the…
Fed shouldn’t delay rate cuts
Earlier, on a CNBC interview, the US Treasury Secretary Scott Bessent said that the Federal Reserve should continue to cut rates.Last year, the Fed embarked on a 75-basis points…
Gold stalls near $4,455 on rising yields, US Dollar recovery
Gold price hovers around its opening price on Thursday after hitting a daily low of $4,407 as US Treasury yields rise and the Greenback follows suit. Economic data in the US has…
USD/CAD steadies near monthly highs as markets await US NFP and Canada jobs data
The Canadian Dollar (CAD) remains on the defensive against the US Dollar (USD) on Thursday, pressured by broad-based Greenback strength. At the time of writing, USD/CAD trades…
Bloom Energy stock spikes as much as 18% on $2.65 billion deal
Bloom Energy (BE) showed that its euphoric 2025 rally might continue this year. Shares of the fuel cell company jumped as much as 18.5% on Thursday morning after it disclosed a…
Slides for third day as firm US jobs data lifts Dollar
GBP/USD slides for third day as firm US jobs data lifts DollarThe Pound Sterling falls for the third straight day, down some 0.10% as US jobs data has revealed that the labor…