Last week ended on a very positive note for the US equity markets. All major indices rallied, the S&P500 notched its best week in more than a year and toped the 6000 level for the first time in history. The Dow Jones traded past the 44’000 level for the first time as well, while Nasdaq […]
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On November 4, when gold was trading around $2,750, we observed bearish signals on the XAU/USD chart. Since then, the price has declined to the $2,600 level, briefly dipping below it — the lowest price Read more…
Market Picture The crypto market cap fell to $2.88 trillion, down 5% over the day. It appears that the market has started to take profits after a week of rallying. The first target for such Read more…
Check back for updates throughout the trading day U.S. equity futures edged lower in early Wednesday trading, while Treasury yields moved higher and the dollar steadied, as investors looked to a key inflation reading that Read more…