U.S. stock index futures remained weak despite bouncing off their lows after Wall Street shares suffered significant losses on Monday. Futures point at a negative open on Tuesday, with the sell-off weighing on sentiment worldwide. On Monday, the Dow Jones industrial average fell just over 1,175 points to close down at 24,345.75 after dropping …
The US Dollar index spiked to 90 levels throughout Tuesday’s sesseion, so far it has been a good start of week for the USD as it recovered around 1.6% from last Thursday’s lows of 88.56. This morning so far USD seems to have started on a weaker footing with most of the majors but …
US Dollar hesitant after a 3-day recovery; Equity price swings setting the pace Read More »
Federal Reserve policymakers are likely to stay the course and raise key short-term interest rates three times this year, market analysts said. Reuters reported that the latest market sell-off in equities, “wiped out $4 trillion in value from record peaks eight days ago, raising concerns such a swift loss of wealth would hurt corporate …
The US senate failed to pass a spending bill by Thursday and consequently the US is once again suffering a government official shut down as the legislative gridlock continues. Some government agencies are expected to run out of money. However the shut down may not last long with senate, and later the House, expected to …
US Government Officially on Shutdown; Market volatility continues Read More »
Many forex trading approaches were developed overhead the years, together with definite rely on the rational use of charts and numbers. Others belief on a vibrant understanding of the market with reference to up-to-date occurrences. And so far, definite strategies have altered popular while others are simply used over a minority of broker. These trading …
