“April Inflation Report Sparks Stock Futures Surge, Treasury Yields Plunge: Don’t Miss Out!”
US stock futures advanced on Wednesday, with the S&P 500 climbing by 15 points or 0.4% to reach 4,148, the Nasdaq 100 rising by 56 points or 0.4% to touch 13,319, and the Dow Jones Industrial Average increasing by 60 points to 33,695, after a monthly inflation report indicated inflation in the US had slowed […]
“Gold Skyrockets Above $2,000, Silver Surges in Unprecedented Market Rally: Don’t Miss Out!”
Gold futures surged past $2,000 an ounce on Tuesday, reaching their highest level since mid-April. The precious metal has found support from concerns surrounding the banking sector, ahead of the Federal Reserve’s decision on interest rates Wednesday. Some analysts believe gold could potentially climb to $2,300 on “indications of a Fed pause in the hiking […]
“Oil Prices Skyrocket, Make Remarkable Comeback for the Month!”
Oil futures experienced a significant climb on Friday, leading U.S. prices to rise for the month. According to Edward Moya, a senior market analyst at OANDA, “the oil market selloff got out of control.” Moya believes that if the U.S. economy manages to grow at 1.7% in the second quarter of this year, oil prices […]
“US Dollar & Treasury Yields Soar following Stellar March Payrolls Report!”
Despite the war in Europe and the global health emergency, U.S. Treasury yields and the dollar both gained ground following the release of the March nonfarm payrolls report by the Department of Labor. According to the data, the U.S. economy added 236,000 new jobs last month, roughly in line with expectations for 238,000 new positions. […]