Daily Market Review

Daily Market Review December 29

The Yen gained against the dollar earlier today as investors drove the Japanese currency in the safe haven, favored by risk-sentiment. The greenback curbed gains earlier and lost control against its Japanese counterpart, as Fed’s hike in interest rates continue to affect the market. Investors traded on a thin line, while the EUR was seen […]

Daily Market Review December 25

The stock market initiated its rally this week and most stocks are expected to bounce higher as from Monday, which is due to the Santa Claus rally. The Santa Claus Rally occurs between the Christmas and the New Year. Investors are extremely looking forward to trade on this opportunity and an eye on Stocks shows […]

Daily Market Review December 24

A hike in UK’s GDP data yesterday, helped the GBP to rise against the USD as the data showed an increase of 2.1 percent annually for the third quarter. However, compared to last year’s GDP data of 2.3 percent, the reading was comparatively little which is not a good sign for UK’s GDP. Elsewhere, the […]

Daily Market Review December 23

Commodity prices helped to boost U.S. stocks again yesterday, following several weeks of volatility. Weakness in commodity prices accompanied by a drop in high-yield, affected the market at large. The Dow Jones Industrial Average managed to rise by 165.65 points and settled around the handle of 17,417.27 points. On the other hand, the S&P 500 […]

Daily Market Review December 22

The last month of this year has been a period of struggle for Spain due to its political instability. After a historic general election held this week, the outcome was an unexpected fragmented parliament. Two parties that controlled the country for three decades failed this time while newcomers stormed their way in the parliament by […]