Economic Weakness in Japan: Will Authorities Intervene to Support the Yen?
By Samir Al Khoury, Japan’s year-on-year headline CPI came in at 2.5% today, lower than the previous reading of 2.7%. The core consumer price index, which excludes food, on an annual basis in Japan recorded 2.2%, which is in line with expectations but lower than the previous reading of 2.6%. Recent Japanese economic data indicate […]
Positive UK Economic Indicators Drive GBP/USD Upward
By Samir Al Khoury, The GBP/USD price continues its upward trend for the fifth day in a row, recording 1.2761 yesterday, its highest level since March 21, 2024. It is currently trading near the 1.2730 level. The headline CPI on an annual basis in Britain recorded 2.3% yesterday, higher than expectations (2.1%) but lower than […]
Nasdaq 100 Hits Record High: Analysis of Key Drivers and Market Trends
By Samir Al Khoury, The Nasdaq 100 index reached 18,721 points yesterday, marking its highest level ever. This index has risen by 12% since the beginning of this year until yesterday’s close, and it has surged by about 33% from the low of 14,058 points recorded on October 26, 2023, to the peak of 18,721 […]
Microsoft has announced a new lineup of PCs featuring advanced chips
By Camilo Botia, Microsoft has announced a new lineup of PCs featuring advanced chips designed to seamlessly integrate artificial intelligence (AI) capabilities into the Windows software experience, all while prioritizing battery efficiency. The company revealed a Surface Laptop and a Surface Pro tablet equipped with Qualcomm chips capable of handling select AI tasks offline. This move marks […]
The most important events of the past week
By Samir Al Khoury, United States of America The headline consumer price index recorded on an annual basis 3.4%, which is in line with expectations but lower than the previous reading (3.5%). The core consumer price index (which excludes food and energy) recorded 3.6% on an annual basis, which is in line with expectations but […]
Dow Jones Hits Historic 40,000 Milestone, Defying Market Doubts
By Camilo Botia, The Dow Jones Industrial Average has achieved a remarkable feat, soaring to the historic 40,000 mark. This is not just a number, but a significant milestone that underscores the strength of the stock market. This achievement is a testament to the confidence investors have in the resilience of corporate America, driven by the potential for […]
VIX Fear Index Hits Lowest Level Since January 2024
By Samir Al Khoury, The VIX Fear and Volatility Index, which expresses investors’ expectations regarding price movement in the stock market, dropped yesterday from 21.36 points to approximately 12.38 points. This is its lowest level since January 11, 2024, indicating stability and investor satisfaction in the US stock markets, as US stock indices closed with […]
Resilient Canadian Economy: Will the USD/CAD Downtrend Hold Steady?
By Samir Al Khoury, The USD/CAD price continues its downward trend for the fifth consecutive day, reaching 1.3635 today, but it is still up approximately 3% year-to-date. Recent Canadian economic data indicate that the Canadian economy is resilient: • The Ivey Purchasing Managers’ Index (PMI) rose to 63.0 points, surpassing expectations (58.1) and the previous […]
Wall Street Braces for Inflation Data and Potential Market Volatility
By Camilo Botia, Wall Street began the week cautiously as investors prepared for crucial inflation data that could influence Federal Reserve policy and global markets. While stocks, bonds, and the dollar experienced minor fluctuations, the upcoming consumer price index (CPI) report is expected to moderate inflation, though still elevated. Analysts are cautioning about a potential disruption in the recent calm […]
The most important events of the past week
By Samir Al Khoury, United States of America The Michigan Consumer Confidence Index declined, recording 67.4 points, which is lower than expectations (76.0) and the previous reading (77.2). US crude oil inventories recorded a decline of 1.362 million barrels, which was more than expected (-1.430M) but lower than the previous reading (7.265M). The initial jobless […]
