Market News

NASDAQ 100 and S&P 500 Stock Indices Make Strong Pullback; Japanese Nikkei 225 Index Weaker

A recent poll of analysts and economists suggest that the greenback's downtrend is likely to continue on into 2021, largely as a result of the Federal Reserve's policy framework shift.

During the London trade on Thursday, the Pound Sterling lost ground against its US rival as a result of a number of factors.

Oil markets fell significantly during Wednesday's session, ending in a month low despite dwindling crude oil stockpiles.

NASDAQ 100 and S&P 500 Stock Indices Hit All-Time Highs; Asian Stock Markets Higher; U.S. Dollar Regains Ground

The Pound Sterling edged lower against the US Dollar but remained steady versus the Euro as market players await direction from the Bank of England.

Yesterday, oil markets closed on the positive territory after markets received good news about the state of the economy.

NASDAQ 100 Closes Yesterday at All-Time High; S&P 500 Futures Hit Record; Indonesian Rupiah Weakens

The Pound Sterling struck a fresh 8-month peak versus its rival across the, largely a factor of a much weaker US Dollar.

The Reserve Bank of Australia recently announced its decision to leave the interest rates unchanged at 0.25 percent, remaining in line with the analysts' expectations.

NASDAQ 100 Closes Yesterday at All-Time High; Global Stocks Flat; U.S. Dollar Weakens

The US Dollar is poised to record a fourth consecutive monthly loss after today's trading day.

China's Federation of Logistics and Purchasing recently released the country's Purchasing Managers Index (better known as PMI) which showed an expansion on the business sector, surpassing the analysts' expectations who foresaw it to slow down.

MSCI World Index, S&P 500 & NASDAQ Close Week at Record Highs; Nikkei 225 up by almost 2%

The US Dollar continues to hold positive momentum against most of its peer after the Federal Reserve announcement at the Jackson Hole Economic Symposium.