The week of June 2–6 could bring significant volatility to global markets, with attention centered on key U.S. data releases and multiple central bank decisions. In the U.S., ISM PMIs and the nonfarm payrolls report will shape expectations around Fed policy, especially if wage growth and hiring remain strong. Meanwhile, the ECB is widely expected […]
Key Points To Watch Out For: Cleveland-Cliffs (CLF): Tariffs Boost Steel Producers President Trump announced that he will double tariffs on imported steel and aluminum to 50% in a measure aimed at strengthening the U.S. metal industry. Shares of Cleveland-Cliffs, Nucor, and Steel Dynamics rose strongly in premarket trading, anticipating a direct benefit to their […]
U.S. stock index futures declined on Monday as escalating tensions between Washington and Beijing reignited fears of a costly trade war between the world’s two largest economies. By 05:05 ET (09:05 GMT), Dow Jones Futures were down 220 points, or 0.3%, while S&P 500 Futures fell 35 points, or 0.6%, and Nasdaq 100 Futures dropped […]
The U.S. dollar dropped sharply on Monday, starting the week under pressure as escalating trade tensions fueled concerns over a potential economic slowdown. By 03:00 ET (08:00 GMT), the Dollar Index — which measures the greenback against a basket of six major currencies — fell 0.6% to 98.630, hovering near its April 22 low. Dollar […]
EUR/USD is rebounding from its previous session’s losses, trading around 1.1370 during Monday’s session. The pair gains ground as the U.S. Dollar struggles following legal developments surrounding former President Donald Trump’s trade policies. On Thursday, the U.S. Court of Appeals ruled in favor of allowing Trump’s tariffs to proceed, temporarily supporting the executive’s trade stance. […]
An ETF (Exchange-Traded Fund) is a type of financial instrument that allows investors to acquire a stake in a fund that replicates the performance of an asset or group of assets. In the case of Bitcoin ETFs, this asset is the cryptocurrency Bitcoin (BTC). This type of product is traded on traditional exchanges, which means […]
Ripple has formally argued to the U.S. Securities and Exchange Commission (SEC) that fungible cryptocurrencies, when traded in secondary markets, should not be considered securities. In a letter dated May 27, Ripple—the blockchain firm behind XRP—cited legal scholar Lewis Cohen’s influential 2022 paper “The Inescapable Modality of Securities Law,” which asserts there is no legal […]
Key Points To Watch Out For: Nvidia (NVDA): Results Under Scrutiny After Chip Ban in China The chip manufacturer is set to report its results on Wednesday after the market closes, in what is expected to be a key moment for tech markets. Nvidia’s stock rose on Tuesday, driven by a pre-announcement buying spree. However, […]
U.S. stock index futures edged slightly lower on Wednesday as investor attention turned toward Nvidia’s highly anticipated earnings report. As of 05:45 ET (09:45 GMT), Dow Jones futures were down 100 points, or 0.2%, while S&P 500 futures slipped 12 points, also 0.2%. Nasdaq 100 futures dropped 50 points, mirroring the 0.2% decline across major […]
The U.S. dollar inched slightly higher on Wednesday, buoyed by stronger-than-expected economic data, though lingering uncertainty around trade policies and the growing federal deficit limited further upside. As of 06:45 ET (10:45 GMT), the U.S. Dollar Index—which measures the greenback against six major currencies—rose 0.1% to 99.500. However, it remains down 8% year-to-date as investors […]
