August Employment Rise in Canada Exceeded Forecasts; Jobless Rate Stable
August Employment Rise in Canada Exceeded Forecasts; Jobless Rate Stable Harvest Global Markets : In August, the Canadian employment landscape showed a notable increase of 40,000 jobs, indicating a 0.2% growth. However, this positive development was tempered by a substantial population surge of 103,000, leading to a 0.1 percentage point decrease in the employment rate, settling […]
Gold Costs Cross $2,060 As Delicate Expansion Elevates the Probability of 2024 Rate Cuts
Gold Costs Cross $2,060 As Delicate Expansion Elevates the Probability of 2024 Rate Cuts Harvest Global Markets : Gold costs rose in low-volume Asian exchange on Tuesday, breaking out of an exchanging range seen through the vast majority of December as delicate U.S. expansion information energized more wagers on early financing cost cuts in 2024. The […]
Angola’s OPEC defection overshadowed by Red Sea tension, driving oil higher
Angola’s OPEC defection overshadowed by Red Sea tension, driving oil higher Harvest Global Markets : On Friday, oil prices climbed despite Angola’s departure from the Organization of the Petroleum Exporting Countries (OPEC), as the country’s contribution to the cartel’s overall output is relatively small. Crude prices were on track for a positive weekly performance, driven by […]
Futures Take a Breather After Rally; FEDEX Slides
Futures Take a Breather After Rally; FEDEX Slides Harvest Global Markets : U.S. stock index futures inched lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve’s likely pivot to a dovish policy, while FedEx (NYSE:FDX) tumbled after issuing a grim outlook.All the three main indexes have advanced […]
Yen Gains Ground Ahead Of Boj Meeting as Dollar Falls
Yen Gains Ground Ahead Of Boj Meeting as Dollar Falls Harvest Global Markets : The U.S. dollar edged lower in early European exchange Monday, while the Japanese yen offered back some of last week’s benefits in front of the decision of a key strategy meeting by the Bank of Japan. After losing roughly 1.3% last week, […]
Gold Prices Rise Above $2,000 as the Dollar Sinks and Yields Fall Due To the Dovish Fed
Gold Prices Rise Above $2,000 as the Dollar Sinks and Yields Fall Due To the Dovish Fed Harvest Global Markets : Gold costs rose somewhat in Asian exchange on Friday, expanding a push above key levels after tentative signs from the Central bank ignited steep misfortunes in the dollar and Depository yields. The yellow metal bounced […]
Lower Oil Prices Due to Inflation, Fed Rates, and Outlook for Global Demand
Lower Oil Prices Due to Inflation, Fed Rates, and Outlook for Global Demand Harvest Global Markets : Wednesday morning sees a sharp decline in crude oil prices, which hit a six-month low during the previous session. A spike in U.S. consumer prices that was not anticipated is said to have compounded worries about oversupply and declining […]
INCOMING INFLATION DATA AND FED’S WEIGHTY DECISION: MARKET DRIVERS UNVEILED
INCOMING INFLATION DATA AND FED’S WEIGHTY DECISION: MARKET DRIVERS UNVEILED Harvest Global Markets : Investors are eagerly awaiting the U.S. inflation report for November, a pivotal factor in the upcoming interest rate decision by Federal Reserve officials. Alongside this, Epic Games, the creator of “Fortnite,” has emerged victorious in a closely-watched antitrust lawsuit against Google regarding […]
Potential BoJ Policy Shift Triggers Yen Rally and USD/JPY Plunge
Potential BoJ Policy Shift Triggers Yen Rally and USD/JPY Plunge Harvest Global Markets : On Thursday, the value of the US Dollar against the Japanese Yen (USD/JPY) dropped significantly by more than 4%, briefly falling below 142.00. Later, the broader financial markets saw a moderate recovery, causing the Japanese Yen to gain strength. By the end […]
Investors are cautious given labor market concerns
Investors are cautious given labor market concerns Harvest Global Markets : Stock futures performed unevenly during Thursday’s pre-market trade, suggesting that investors are feeling cautious. Futures for the Dow Jones Industrial Average are down 0.20% at 36,039.00, while the S&P 500 Index is down 0.04% at 4,554.25. The Nasdaq-100, on the other hand, has shown resilience, […]