Investors Await Results of US Elections
Markets rallied. Presidential candidates prepare their final hurrah. Lawmakers meet in China to prepare for
Rocket Man Strikes Again While Markets Await Non Farm Payrolls
Markets are awaiting for the release of key employment data today. US futures point to a slight rebound after a huge sell off yesterday. US dollar strengthen as traders position themselves for a potential strong economic data. North Korea strikes again with an Intercontinental Ballistic Missile.
Sea of Red Plagued Markets As Big Tech Earnings Disappoints
Markets experience a slight sell off in the Asian and European session as yesterday's earnings from big tech disappoints. In the FX market, we saw a technical rebound after the GBP surged yesterday due to Reeves's tax rises.
Oil Fell by 6% as Israel's Targeted Response in Iran Avoided Key Nuclear and Oil Facilities
Prices of oil and natural gas plunged today as Israel's targeted response against Iran had avoided key nuclear and oil facilities. Elsewhere, the JPY plunged due to Japan's election results, casting uncertainty about nation's economy.
China & India Strikes a Deal to Resolve Border Dispute
China and India strike a deal to resolve their enduring border issues while global markets continue declining as investors digest more corporate earnings.
China Banks Slashed Lending Rates
US futures decline while the Hang Seng underperformed the global markets. In addition, China has slashed rates in an attempt to encourage households and companies to take up more debt.
U.S. Futures Rise as TSMC Contradicts ASML
U.S. futures reflect optimism driven by TSMC's positive earnings outlook, while Asian markets face declines.