Markets
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Three Markets to Watch Next Week: USDJPY, US500, OIL
ey takeaways BoJ Intervention Confirmed: Bank of Japan data points to a massive 5.4 trillion yen intervention triggered after USDJPY…
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FX markets steal the limelight, as US stocks start May on a high note
The main focus on Friday is the FX markets, as the fallout from the energy price spikes cause havoc in…
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Chart of The Day – Intervention on the Yen? Tokyo Challenges Speculators
Intervention at 160: Breaking the psychological USDJPY barrier forced Tokyo to act, pushing the rate down to 155 amid low…
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Technical Analysis – Gold gains 1.5% amid weakening US dollar
Aweaker US dollar and lower Treasury yields are supporting a rebound in gold prices, which are attempting to break their…
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Apple earnings beat Wall Street estimates iPhone sales below expectations
Apple (AAPL.US) reported its latest quarterly results, but the market reaction has been muted — shares barely moved in after-hours…
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S&P 500 companies with the record net margin since 2009 – FactSet data
S&P 500 profit margins remain remarkably resilient despite concerns over higher oil prices. According to FactSet data, the blended net…
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Copper Holds Firm on Resilient China Demand
Copper futures remained above $5.95 per pound on Friday after rebounding in the previous session, supported by signs of improving…
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WTI rises to near $102.50 amid rising supply concerns from Middle East
WTI heads for a second weekly gain as US-Iran tensions persist and Hormuz reopening prospects fade. Trump said the Iran…
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US Dollar Index posts modest gains above 98.00 on hawkish Fed pause despite weaker US GDP
US Dollar Index trades with mild gains around 98.15 in Friday’s Asian session. Fed held its key policy rate steady…
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Silver – XAG/USD struggles to build on intraday gains beyond $75.00
Silver attracts buyers for the second straight day on Friday, though it lacks follow-through. The mixed technical setup warrants some…
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