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, […]
RBA’s Hold at 4.35% Reshapes Markets: Unraveling the Impact on AUD/USD and Global Dynamics
RBA’s Hold at 4.35% Reshapes Markets: Unraveling the Impact on AUD/USD and Global Dynamics Harvest Global Markets : On December 5, 2023, the Reserve Bank of Australia (RBA) opted to maintain the cash rate at 4.35%, aligning with economists’ predictions. The decision marked a pause in the RBA’s previous rate hike cycle, drawing attention to the […]
GOLD PRICES STEADY FOLLOWING ROBUST NOVEMBER RALLY AS MARKET AWAITS POWELL’S GUIDANCE
GOLD PRICES STEADY FOLLOWING ROBUST NOVEMBER RALLY AS MARKET AWAITS POWELL’S GUIDANCE Harvest Global Markets : Gold prices held steady near a seven-month high on Friday, taking a breather from their recent surge as investors awaited further guidance on U.S. interest rates from Federal Reserve Chair Jerome Powell later in the day. A string of mixed […]
Dollar Rises From its Three-Month Lows When PCE Data Seems Prominent
Dollar Rises From its Three-Month Lows When PCE Data Seems Prominent Harvest Global Markets : The U.S. dollar edged higher in early European exchange Thursday, however stayed close to a three-month low in front of a critical perusing of U.S. expansion later in the meeting. Dollar Record, which tracks the greenback against a crate of six […]