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English section

The significant events in the global economy over the past week

In the latest financial developments from the U.S., the markets experienced a mix of highs and lows, leaving investors with a lot to ponder.
Author: Financial Market
Timp de citit: 6 minute

March 2024 FOMC Preview: No Rush To Cut

The March FOMC meeting is likely to bring little by way of changes to the Fed’s broad policy stance, nor to the Committee’s guidance on the policy outlook, as policymakers continue to see additional confidence that inflation is well on its way to returning to the 2% target.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

February 2024 CPI Recap: Reinforcing The Fed’s Patience To Deliver Cuts

The final significant piece of the data puzzle ahead of the March FOMC decision showed headline inflation surprisingly rising last month, though the core disinflationary trend within the US economy remains intact.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Oracle declares its quarterly report and surpasses market expectations

Oracle, a cloud technology and services leader, surprised the financial market by surpassing quarterly earnings estimates on Monday. This success is primarily attributed to increased demand for its cloud services, driven by the flourishing field of generative artificial intelligence. Oracle’s stock value increased significantly, surpassing $129 in after-hours trading, reflecting market confidence in the company. […]
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

The significant events in the global economy over the past week

The past week saw a nuanced performance in the US stock market, with indices like the S&P 500 and Nasdaq Composite initially scaling new heights, driven by optimism that the Federal Reserve might lower interest rates sooner in response to a cooling labor market.
Author: Financial Market
Author: Financial Market
Timp de citit: 4 minute

March 2024 ECB Review: Projections Give Green Light For Rate Cuts

The March ECB decision produced almost nothing by way of surprise, with rates and guidance both unchanged, and the inflation projections showing, as expected, the 2% price target being achieved next year.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Gold reaches new all time-high. A safe haven in times of uncertainty

The price of gold achieved an unprecedented milestone by surpassing the $2,100 per ounce mark. This significant accomplishment has been driven by growing demand for the metal, considered a safe-haven asset in times of economic and political uncertainty.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Bitcoin is heading towards its highest levels again with waves of massive liquidations and whale activities

Bitcoin is trying to consolidate again above the $66,000 level today, with gains of more than 4%, after it recorded a sharp decline immediately after touching its highest historical level at $69,324.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Will we see another week of rising oil prices?

Over the past two weeks, the oil markets have witnessed a notable resurgence, driven by factors bolstering investor confidence. The main driving force behind this phenomenon has been optimism surrounding a tighter supply in the oil market for this year and the prospect of an eventual interest rate cut in the United States.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

The significant events in the global economy over the past week

The majority of key indices concluded the week on an upward note, as the Nasdaq Composite reached record levels for the first time in more than two years.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

The significant events in the global economy over the past week

In the latest financial week, the U.S. stock market saw a predominantly positive trend, despite a shortened trading period due to the Presidents’ Day holiday.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

The S&P500 index is rising again, reaching new historical highs

The financial market has witnessed a notable milestone this week, with the S&P 500, once again, reaching historical highs. This benchmark index has surpassed the 5090 points mark, reflecting the strong performance of major companies across various sectors.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Artificial Intelligence (AI) drives further exponential growth at Nvidia

Nvidia, the technology company with an impressive market capitalization of $1.83 trillion, continues its unstoppable growth, cementing its position as the third most valuable company in the United States.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Bitcoin Predictions: What level will it reach in 2024?

The BTC/USD buying transactions witnessed a positive week, with major cryptocurrencies adding gains of approximately +10.7%. Bitcoin (BTC) rose to start Monday’s trading at $48,150, and its market value increased by around 13.5% in the seven days leading up to February 12th, marking the largest weekly increase since October.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Weekly market recap on the Global Economy

The U.S. stock market experienced a noteworthy week, with the S&P 500 Index breaking the 5,000-point barrier for the first time, underscoring a significant milestone in market valuation.
Author: Financial Market
Author: Tiberiu Porojan
Timp de citit: 2 minute

The S&P 500 returns to all-time highs

The S&P 500 has once again impressed this Wednesday, February 07, 2024, with a remarkable bullish advance, reaching a new all-time high around the 5000-point barrier.
Author: Tiberiu Porojan
Author: Financial Market
Timp de citit: 2 minute

XS.com became “Best Global Broker” at QFEX 2024 Event in Qatar

XS.com, the global FinTech and financial services provider for online trading and investing, has been recognised with the award for „Best Global Broker” during the Qatar Financial Expo & Awards (QFEX 2024), which took place on 5th and 6th February.
Author: Financial Market
Author: Tiberiu Porojan
Timp de citit: 3 minute

Financial markets update on the Global Economy

In the dynamic landscape of the U.S. financial markets, the past week was marked by a contrasting performance between large-cap indices and their small-cap counterparts.
Author: Tiberiu Porojan
Author: Financial Market
Timp de citit: 2 minute

Halving event: Scenarios of Future Bitcoin Price Movements

Bitcoin (BTC) is trading sideways around $43,000 on Friday, showing a slight recovery from its lowest level at $42,276. This follows Federal Reserve Chairman Jerome Powell’s statement that inflation „remains elevated” and a rate cut in March is unlikely, as mentioned last Wednesday.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Future of Dollar Index and Federal Reserve’s Market Impact

The U.S. Dollar Index (DXY) showed a slight increase at the beginning of Wednesday’s trading, rising by 0.05% to 103.60.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Nasdaq slows down after the rally since the beginning of the year

The Nasdaq 100 remained very volatile since the market open on yesterday’s session and closed at 17380, taking a drop of more than 200 points.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

XTB announces 2023 preliminary financial results and unveils its product roadmap

XTB, a global fintech offering an online investing platform and a mobile app, announced 2023 preliminary financial results. Another year of dynamic client base growth combined with an increased volatility on global financial markets resulted in record breaking consolidated net profit of EUR 175 mn and consolidated revenues of EUR 351 mn.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

The DOW Jones index continues to show great bullishness

The Dow Jones Industrial Average (DJIA) returned to generate gains and also obtained a new all-time high, taking the price to the 38280 point zone last week.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Exuberance on Wall Street: Dow Jones and S&P 500 at record levels

The U.S. stocks closed higher on Thursday following a boost from robust Gross Domestic Product (GDP) data. The S&P 500 and Dow Jones continued their winning streak for the sixth consecutive session. For the S&P 500, this marks the longest winning streak since December 14. Additionally, the Dow Jones recorded its fourth record close in […]
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

The three major american indices closed at all-time high on friday

The market in the United States closed higher on friday, the different market sectorspushed the indices to have excellent upward movements.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

IEA raises its forecast for oil demand and warns of supply disruptions from the Middle East and prices continuing to decline

Crude oil prices had a mixed evolution today, continuing their sideways trend. Brent crude oil gained around 0.8%, and WTI crude oil about +1.2%.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

Euro fell further today despite positive data amid fears that the Fed’s hawkish path will continue for a long time

Euro fell against the US Dollar (EUR/USD) by 0.63% today and reaches its lowest level in more than a month at 1.08740. Against the British pound, the Euro (EUR/GBP) rose by 0.13% after reaching its highest levels this week at 0.86204 early this morning.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Oil Price Forecasts Amid Escalating Tensions in the Red Sea

The oil prices retreated during Monday’s trading, reaching $71.80 per barrel, despite several geopolitical factors supporting an upward trend, while the markets have overlooked these factors as they currently have minimal impact on oil supplies.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

The launch of Bitcoin ETFs creates further price volatility and division in opinions as eyes turn to the funds’ first day of trading

Cryptocurrency market had a very volatile night. Bitcoin fluctuated between the levels of $44,800 and $47,730. Ethereum was also able to advance and record more record levels that we have not seen since May of 2022, reaching the level of $2644.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

S&P 500 expectations as the start of the new earnings season approaches

The S&P 500 index started the current week on a positive note due to increased risk appetite, but it retreated as the release of U.S. inflation data approached, trading at $4,753.30 at the beginning of Wednesday’s session.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

Industrial production declines for the seventh month in a row in Germany while the euro is trying to consolidate today

Euro is still moving almost sideways since the end of last week, trading on either side of the 1.095 level. Today, it was able to record some slight gains of about 0.07%.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Bitcoin price expectations as the approval of instant ETF funds approaches

Bitcoin (BTC) recorded moderate losses of 0.8% at the beginning of Monday’s trading before modestly rebounding to trade at $44,025.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

XTB employs technology to make passive investing more convenient. Investment Plans now available for UAE investors

XTB, a global fintech offering an online investing platform and a mobile app, launched today a new product for long-term passive investing. Investors in the UAE can now tap into the growing potential of Exchange-Traded Funds (ETFs) and build their individual portfolios on the go via the XTB mobile app.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Will the dollar index recover at the beginning of 2024?

The U.S. Dollar Index (DXY) is trading with a modest recovery at 101.55 points on the first trading day of the year, as markets price in the possibility of substantial cuts to federal interest rates in 2024.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Dow Jones Predictions: Factors Influencing the Stock Market in 2024

The Dow Jones (US30) index witnessed significant fluctuations in 2023, experiencing major sell-offs in March and October.
Author: Financial Market
Author: Financial Market
Timp de citit: 4 minute

The capitalization of all companies listed on the Bucharest Stock Exchange exceeds 300 billion lei, the highest level in history

In November, the capital market in Romania continued its strong upward trend recorded during the year. Only last month the BET index, which includes the 20 most liquid companies listed on the Regulated Market (RM) of the Bucharest Stock Exchange (BVB), went up by almost 3.5%.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Market insights: U.S. stock markets marked their seventh consecutive week of gains

U.S. stock markets, including the S&P 500 Index, Nasdaq Composite, and Dow Jones Industrial Average, marked their seventh consecutive week of gains, with the Dow reaching an all-time high.
Author: Financial Market
Author: Tiberiu Porojan
Timp de citit: 2 minute

Eurozone economy contracted again in december for six straight months

Business activity in the euro area fell at a steeper rate in December, according to the latest Purchasing managers index (PMI) survey data, closing off a fourth quarter which has seen output fall at its fastest rate for 11 years barring only the early-2020 pandemic months.
Author: Tiberiu Porojan
Author: Financial Market
Timp de citit: 3 minute

Uber will join S&P 500. Will it react to well known Wall Street ″phenomenon″?

After several months of stock market rollercoaster on Uber’s shares, the company’s shares has managed to rise this year, up nearly 150%, making its return comparable to Bitcoin.
Author: Financial Market
Author: Monica Preda
Timp de citit: 2 minute

Bitcoin in the vision of the future, what comes after $41,000?

In a weekend surprise for the cryptocurrency community, the price of Bitcoin (BTC) surpassed the $40,000 level we discussed in our previous articles. As Monday’s trading began, Bitcoin was up by about 3.46%, trading near $41,330 with a market value of $796 billion and a trading volume of nearly $18.9 billion.
Author: Monica Preda
Author: Financial Market
Timp de citit: 2 minute

Market insights: American and european indices rallied last week, lifted by declining inflation rates

U.S. stock and bond markets rallied, with major indexes like the S&P 500 and Nasdaq Composite posting significant gains, achieving their best monthly performance since July 2020.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

Euronext announces the successful expansion of Euronext Clearing as pan-European clearing house for Euronext cash markets

Euronext, the leading pan-European market infrastructure, announces today the successful achievement of Euronext Clearing’s first major strategic milestone, the expansion of its clearing offering for Euronext cash markets.
Author: Financial Market
Author: Monica Preda
Timp de citit: 3 minute

Euro rises today despite mixed data from the German economy

Euro was able to achieve some slight gains against the US dollar this morning by 0.14%, reaching the level of 1.09207 at the peak of the rises at approximately 9:00 a.m. GMT.
Author: Monica Preda
Author: Financial Market
Timp de citit: 2 minute

Eurozone economic downturn continues as employment falls for first time in three years

Business activity in the euro area continued to fall during November, according to provisional survey data, amid a further solid decline in new orders. Both output and new business have now decreased in each of the past six months.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

OPEC+ meeting has been delayed to end on november due to disagreement between members

The OPEC+ alliance is experiencing renewed internal conflict, leading to a postponement of their meeting originally set to discuss the output policy for 2024.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Radu Hanga wins a new term at the helm of Bucharest Stock Exchange

Radu Hanga, the current President of the Board of Directors of the Bucharest Stock Exchange, won a new mandate today for a period of four years, starting from February 2024.
Author: Financial Market
Author: Monica Preda
Timp de citit: 2 minute

How do China’s economic expectations affect global markets?

US stocks have recently stopped rising, with the Dow Jones Industrial Average falling by 62.75 points or 0.18% to close at 35,088.29 points. The S&P 500 index also fell by 0.20%, closing at 4,538.19 points, and the Nasdaq index fell by 0.59% to reach 14,199.98 points, thus breaking all Wall Street indicators’ series of five […]
Author: Monica Preda
Author: Financial Market
Timp de citit: < 1 minute

US Stock Market Unchanged Ahead of a Shorter Thanksgiving Week

U.S. stock futures are relatively unchanged today as we enter the shortened Thanksgiving holiday week where Black Friday sales will test the pulse of the consumer-driven U.S. economy this week.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

The drop in US inflation rate fuels expectations for quicker rate cuts

According to the latest release published today, in October, the rate of inflation in the United States decreased more significantly than anticipated.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

Euro is at its highest levels in more than a week with more confidence in the region’s economy

Euro rose to its highest levels since Monday of last week against the US dollar, reaching the level of 1.07305 around morning.
Author: Financial Market