AI stocks’ positive momentum pushes Nasdaq 100 to record highs
We are witnessing strong positive momentum in U.S. stock indices, particularly the S&P 500 and Nasdaq 100, both of which continue to reach record highs. For example, the S&P 500 rose approximately 39% from its low of 4,835 points on April 7 to its recent peak of 6,718 points as of yesterday. Similarly, the Nasdaq […]
After last week’s gains… has oil begun its downward journey?
Crude oil prices rose by approximately 3.24% last week, reaching around $70 on Friday — a level that represents resistance at the 200-day moving average. However, prices have declined since the beginning of this week, with oil reaching $65.64 yesterday, marking a nearly 6% drop from last Friday’s peak of $70 to yesterday’s low. Oil […]
The Canadian Dollar under Pressure: A Comprehensive Technical & Economic Analysis
On September 17, the Bank of Canada cut its key interest rate by 25 basis points, from 2.75% down to 2.50%, in line with market expectations. Recent Canadian economic data reveal signs of weakness: Employment change plunged by 65,500 jobs, far below expectations (4,900) and the previous reading (40,800). The unemployment rate rose to 7.1%, […]
Brief Overview of Major Economic Events from Last Week
Last week brought a slew of important global economic releases. In the United States, Purchasing Managers’ Indices (PMIs) in both the manufacturing and services sectors declined, and consumer confidence and inflation expectations (via Michigan survey data) also softened. On the upside, new home sales, durable goods orders, and GDP came in stronger than expected, and […]
Platinum Rises 70% Year-to-Date, Outperforming Gold, Silver, and Bitcoin
Platinum prices continue their upward trend, reaching $1,548 today—the highest level since 2008—and currently trading above $1,500. Platinum has increased by approximately 70% since the beginning of the year until today, outperforming most other assets such as Bitcoin, global stock indices, gold (which rose by 43%), and silver (which increased by about 55%). Forecasts indicate […]
Takaichi’s Statements and Powell’s Speech Push the USD/JPY Pair Higher
The USD/JPY pair rose yesterday, reaching a level of 148.92, its highest since September 3, 2025, and is currently trading near the 149.00 mark. The pair has gained 2% since the low recorded on September 17, 2025, at 145.48, up to yesterday’s peak of 148.92. However, it remains down about 5% year-to-date. Factors Pressuring the […]
Gold Prices Reach Record High of $3,759 with a 43% Year-to-Date Increase
Gold prices hit a record level of $3,759 today and have risen approximately 43% since the beginning of the year, outperforming high-risk assets such as Bitcoin and U.S. stock indices. Several factors support the continued positive momentum in gold prices, including: A dovish monetary policy environment, with the U.S. Federal Reserve cutting interest rates by […]
Brief Overview of Major Economic Events from Last Week
Last week in the United States witnessed several important economic developments. On September 17, the Federal Open Market Committee decided to cut interest rates by 25 basis points, bringing the range to 4.00%–4.25%, in line with market expectations. A key highlight from the “dot plot” forecast was the indication of a possible additional 50 basis […]
The Recent Drop in NZD/USD: A Technical and Fundamental Overview
The NZD/USD pair declined yesterday, recording 0.5863 today, its lowest level in two weeks, after falling by about 2% from the recent high of 0.6008 reached on September 17, 2025, down to the low recorded today. However, the pair remains up approximately 5% since the beginning of the year. Recent economic data from New Zealand […]
How Did Financial Markets React to the Fed’s Decision Yesterday?
The Federal Open Market Committee (FOMC) decided in its meeting yesterday to cut interest rates by 25 basis points, as markets had anticipated, bringing the target range to 4.00%–4.25%. More importantly, the “dot plot” projections pointed to an additional 50 basis points in rate cuts expected later this year. Federal Reserve Chair Jerome Powell, in […]
