Tag: MKTREP

The Dollar Falls in NY Foreign Exchange Market as Fed Chairman Powell Warns Against Rate Hikes

US Dollar Weakens as Fed Chairman Powell Signals Caution on Rate Hikes In the New York foreign exchange market, the US dollar saw a decline following remarks from Federal Reserve Chairman Jerome Powell expressing concerns about further interest rate hikes. Speaking at Spelman College in Atlanta, Georgia, Powell suggested a more balanced approach to raising […]

Dollar Strengthens in New York Foreign Exchange Market as Euro Weakens

New York Foreign Exchange Market Sees Dollar Rise In the late trading session at the New York foreign exchange market, the dollar experienced a notable increase in value. The strengthening of the dollar was bolstered by the weakening of the euro following the release of lackluster inflation data from the euro zone. This data comes […]

Nikkei Stock Average Rebounds to Close at 33,486.89 Yen

November 30th Market Recap On November 30th, the Tokyo stock market saw the Nikkei Stock Average rebound to close at 33,486.89 yen, marking an increase of 165.67 yen from the previous trading day. This rebound was driven by the resilience of technology stocks amidst a backdrop of falling US interest rates. The Nikkei 225 average […]

US Economic Growth Rate Revised Upwards, Dollar Appreciates, and Interest Rate Cut Likely

The US Dollar Strengthened as Revised GDP Figures Rise The US dollar saw an appreciation following the release of revised US economic growth figures for the third quarter, which exceeded preliminary estimates. The Ministry of Commerce reported that the real gross domestic product (GDP) for the third quarter showed an annual increase of 5.2%, up […]

US Stock Market Sees Slight Declines Amid Economic Figures and Fed Announcements

US Stock Market Sees Slight Declines as S&P 500 and Nasdaq Composite Close Lower By [Journalist Name], [Date] In the latest trading session, the US stock market experienced a minimal decline as both the S&P 500 and Nasdaq Composite closed lower. The minor downturn came amidst revised real GDP figures for the third quarter, which […]

Crude Oil Futures on the Rise Due to Black Sea Supply Disruptions

Crude Oil Futures Continue to Rise in Asian Markets By: Yuka Obayashi November 29th, Asian time crude oil futures are continuing to surge, driven by concerns over supply disruptions caused by storms in the Black Sea region affecting exports from Kazakhstan and Russia. A photo taken in June 2012 at a gas station in Seoul, […]

OPEC+ Meeting Holds Crude Oil Futures Steady Amidst Expectations and Uncertainty

Crude Oil Futures Remain Steady Ahead of OPEC+ Meeting SINGAPORE, 27th (Reuters) – Crude oil futures are holding steady as all eyes turn to this week’s meeting of OPEC+, which includes member countries of the Organization of the Petroleum Exporting Countries (OPEC) and Russia. Brent futures saw a modest rise of $0.12 (0.2%) to $80.70 […]

Tokyo Stock Market on the Decline: Nikkei Stock Average Falls to 33,479.71 Yen

Nikkei Stock Average Falls on Tokyo Market On the morning of November 27th, the Nikkei Stock Average dropped to 33,479.71 yen, a decrease of 145.82 yen from the previous trading day. The market displayed a photo of stock prices, capturing the screen from Tokyo in June 2023 (Reuters / Issei Kato). Market Analysis The Nikkei […]

Dollar Index Falls, US Economic Indicators Confirm Slowdown in Employment

The dollar index experienced a decline as US economic indicators confirmed a slowdown in employment. Meanwhile, the Japanese yen remained fairly steady against the dollar. The day following the Thanksgiving holiday saw shorter trading hours for the US stock market and other markets, resulting in light trading and narrow range trading. The preliminary US Purchasing […]

Stock Market Report: Dow Jones and S&P 500 Rise, Nasdaq Down Due to Momentum Stock Sell-Off

Influence of Market Conditions on Stock Movements The US stock market witnessed a mixed trading day with the Dow Jones Industrial Average and S&P 500 marking gains while the Nasdaq Composite closed slightly lower due to selling in momentum stocks, according to 2023Reuters/Brendan McDermid. This market activity is reflective of the impact of post-Thanksgiving shorter […]