Stock heatmap by FinViz.com Wed, 05 Feb 2025 14:46:09 GMT Tech sector tumbles: Nvidia shines as Google slides In today’s dynamic trading environment, the U.S. stock market experienced contrasting movements, with significant fluctuations observed across various sectors. The tech sector, in particular, is under the spotlight, revealing some fascinating trends and insights for investors. 📉
Dollar remains on the backfoot in early US session, despite the strong ADP private employment report. The data highlights continued resilience in the labor market, with services-driven job growth and sustained wage pressures. While this should theoretically reinforce the case for Fed to maintain its pause in easing for longer, traders appear reluctant to react
2025.02.05 2025.02.05 (DASH) Dash Price Prediction for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Dash (DSH) is a prominent cryptocurrency that has garnered the attention of investors due to its high transaction speed and privacy features. Since its inception in 2014, Dash has undergone several substantial upgrades. Despite its inherent price volatility, the cryptocurrency maintains
USD/CAD falls sharply below 1.4300 as the Canadian Dollar continues to advance on US President Trump’s decision to postpone tariffs on Canada. BofA expects US tariff threats to China will continue to persist until a new USMCA deal gets negotiated. Investors await the US ISM Services PMI and the ADP Employment data for December. The USD/CAD
5-year and 10-year US breakeven inflation rates have just staged a major bullish breakout from a two-year plus of basing formation. Trade War 2.0 involves the US and other major trading partners that may disrupt international trade and dampen global economic growth. The resurgence of stagflation risk has triggered bullish movements on Gold (XAU/USD). Watch
Data revealed solid wage growth in Japan in December. Market participants are pricing 30-bps of BoJ rate hikes by the end of this year. The yen strengthened due to safe-haven demand amid fears of a trade war between the US and China. The USD/JPY price analysis shows a strong yen with rising expectations for Bank
Japanese Yen gained significant ground in the Asian session, supported by stronger-than-expected nominal wage growth, which bolstered the likelihood of further BoJ rate hikes. Additionally, continued rise in real wages for the second consecutive month, despite being largely driven by seasonal bonuses, adds to the argument that wage pressures could help sustain inflation near the
Japan economy minister Akazawa: Govt’s focus is to eradicate Japan’s deflationary mindset With ambitious goal to boost minimum wages, govt is trying to eradicate deflationary mindset This article was written by Eamonn Sheridan at www.forexlive.com. Source link
2025.02.03 2025.02.05 Economic Calendar for the Week 10.02.2025 – 16.02.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Markets are grappling with uncertainty as the US economy shows signs of deceleration, even as the labor market remains steady. At the same time, predictions regarding the US Fed’s monetary policy and headlines involving Trump continue to stir market volatility. Last week was
Japan Jibun Bank Services PMI came in at 53, above forecasts (52.7) in January Source link
According to the Wall Street Journal, Pres. Trump and China’s Xi will not be speaking today. This article was written by Greg Michalowski at www.forexlive.com. Source link
The Labor Department released a report on Tuesday showing job openings U.S. fell by much more than expected in the month of December. The report said job openings tumbled to 7.6 million in December after climbing to an upwardly revised 8.2 million in November. Economists had expected job openings to dip to 8.0 million from
2025.02.04 2025.02.04 Bank of America (BAC) Stock Forecast for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Bank of America (BAC) holds a significant position in the stock market, serving as a barometer of the US banking sector’s performance. Representing one of the world’s largest financial institutions, Bank of America has always attracted investors due to
Global markets remain stable as US session begins, with sentiment lifted by the delay of tariffs on Canada and Mexico. Nonetheless, investors remain cautious about ongoing tensions between the US and China, as Washington’s additional 10% tariffs on Chinese imports have taken effect. So far, there has been no scheduled phone call between US President
EUR/USD rebounds sharply to near 1.0350 as US President Trump postpones his orders of tariffs on Canada and Mexico for 30 days. Trump’s intentions to impose tariffs on China remain intact. The ECB is expected to cut interest rates three times more this year. EUR/USD bounces back from the intraday low of 1.0270 and rebounds
