Meta Platforms Inc., formerly known as Facebook, continues its dominance in social platforms under the leadership of its CEO, Mark Zuckerberg.

The US stock market left a trail of optimism among investors as it closed with solid gains. At the New York Stock Exchange, the major indices showed notable increases: the Dow Jones rose by more than 0.65%, the S&P 500 surged by over 1.00%, and the NASDAQ experienced a vigorous rise of more than 1.60%, […]

The halving event and strong technical support support the ‘buying the dips’ strategy in Bitcoin, which is trading Monday morning at $66,139, affecting other cryptocurrencies as well.

Financial markets begin the new trading week with calmer tones prevailing, albeit perhaps a little uneasily, amid a lack of any significant escalation in geopolitical tensions over the weekend, allowing equity futures to recover some ground

Financial markets were given a series of jolts last week, as volatility ratcheted higher once more, as participants digested another hotter-than-expected US CPI report, while also grappled with mounting geopolitical risks, and much else besides.

While the March US CPI print caused significant intraday volatility, driving equities & Treasuries lower, and sparking demand for the greenback, a step back from this noise reveals that the medium-term outlook is likely little changed.

The price of gold witnessed a sudden increase, touching levels of $2350 to achieve its highest-ever level at $2354 in early trading today, Monday.

In a week marked by subtle shifts and burgeoning optimism in the U.S. market, stocks took a slight step back from their record-breaking highs, driven by a revived manufacturing sector that hinted at economic resilience.

The April ECB meeting is likely to bring little by way of surprises, though should see the Governing Council take a further dovish step, as inflation continues to slide back towards the 2% target, and the likely start of the easing cycle in June looms large on the horizon.

XTB, a global fintech offering an online investing platform and a mobile app, announced a new milestone as it now serves one million customers worldwide. This achievement comes in little over three years after XTB expanded its CFD offer with the addition of stocks and ETFs.

The U.S. stock market concluded a robust quarter with notable gains, marking a period of strong performance across major indexes. The S&P 500 Index, a key barometer of U.S. equity market health, achieved new closing and intraday highs, reflecting widespread optimism among investors.

Monday’s ISM manufacturing survey has once more kicked-off the debate over the degree of easing that the FOMC will deliver this year. With a jam-packed data docket, and busy Fed speaking calendar, lying ahead this week, further gyrations in rate pricing, and a rise in cross-asset vol, could both be on the cards.

Fed Chair Powell, and Governor Waller, both stressed a lack of urgency to cut rates last week; is this ‘no rush to cut’ line the FOMC’s new mantra and, if so, what might it mean for markets?

In early March 2024, the European Union took a decisive step against Apple, imposing a fine of 1,84 billion euros. The reason? The tech giant has been found guilty of violating competition laws by hindering rival music streaming services, such as Spotify, from informing iPhone users about cheaper options outside the Apple App Store.

The U.S. stock market experienced a noteworthy uptick last week, buoyed by anticipatory signals from the Federal Reserve regarding potential rate cuts.

Oil prices were affected by several factors during last week, resulting in a notable drop followed by stabilization. This phenomenon, influenced by significant geopolitical and economic events, reveals the complexity and interconnectedness of global energy markets.

Thursday, March 21, 2024, marked a significant event in the US financial markets, with indices reaching new historical highs.

There’s a decent case to be made that the March 2024 FOMC meeting was the most predictable in a couple of years, perhaps even verging on dull, at least judging by the lack of fresh information that Powell & Co. provided.

After eight years of negative rates, and seventeen years since the last rate hike, the Bank of Japan has finally delivered what was an eagerly-anticipated exit from over a decade of ultra-easy monetary policy; though, frankly, the first steps towards policy normalisation – despite being incredibly significant – came with little fanfare, or subsequent market […]

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.

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.

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.

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. […]

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

The U.S. Dollar Index (DXY) showed a slight increase at the beginning of Wednesday’s trading, rising by 0.05% to 103.60.

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.

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.

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.

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 […]

The market in the United States closed higher on friday, the different market sectorspushed the indices to have excellent upward movements.

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%.

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.

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.

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.

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.