Markets Stock markets surged yesterday in response to the Axios scoop that suggested the US and Iran were nearing a deal, regardless of the ensuing contradictory statements from both warring parties. The EuroStoxx50 added 2.7% in what was its best day since the ceasefire one month ago. US equities marched up to 2% higher amid […]
The post Sunrise Market Commentary appeared first on ActionForex.
Analog Devices (ADI) is plugged directly into the infrastructure powering the AI wave. Today, the company’s AI story has shifted from vague thematic exposure to concrete, measurable demand. Hyperscalers are building at a record pace, Read more…
Retail sales rose 0.9% month-on-month (m/m) in March, ahead of the 0.6% gain reported in the advanced estimate. In volume terms, sales declined 0.7% m/m, showing higher prices eating into activity. The monthly gain was Read more…
USD/JPY rose to 159.04 at the end of the week, marking the yen’s second consecutive weekly decline. The Japanese currency came under pressure after weaker inflation data reduced expectations of imminent Bank of Japan policy Read more…