As investors awaited a clearer signal from the Federal Reserve (Fed) on the timing of an interest rate cut, gold prices took a breather on Thursday (4th), hitting a record high of over $2,300 an ounce before falling back. gold futuresIt fell 0.2% to $2,311 an ounce.Spot goodsgoldIt hit a record high of 2304.09 earlier … Read more
A money manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 35.28 baht/dollar, strengthening from The market closed yesterday evening at 35.45 baht/dollar, moving in line with the world market direction. This is because the dollar has weakened compared to all major currencies after the weekly unemployment benefits … Read more
Major U.S. stock indexes opened mixed on Thursday (4th) after the latest data released by the U.S. showed that the job market remains resilient, cooling market expectations for an early interest rate cut by the Federal Reserve (Fed). before deadline,Dow Jones Industrial Averagerose more than 90 points or nearly 0.3%,Nasdaq Composite Indexfell more than 40 … Read more
On the penultimate trading day of 2023, the major indexes opened higher on Thursday (28th), whileS&P 500 IndexAs the market hopes that the U.S. Federal Reserve (Fed) will cut interest rates early next year, interest rates are hovering near historical highs. before deadline,Dow Jones Industrial Averagerose nearly 40 points or nearly 0.1%,Nasdaq Composite Indexrose more … Read more
Major U.S. stock indexes opened higher on Thursday (21st) after economic data released earlier solidified investors’ bets on expectations of a rate cut by the Fed. In addition, US memory chip manufacturer Micron boosted its stock price after announcing an optimistic financial forecast a few days ago, opening up more than 7% on Thursday. before … Read more
Major U.S. stock indexes opened higher on Thursday (14th), a day after the U.S. Federal Reserve (Fed) signaled that it would end its recent aggressive interest rate hikes and hinted at at least three interest rate cuts next year. before deadline,Dow Jones Industrial Averagerose nearly 40 points or nearly 0.1%,Nasdaq Composite Indexrose more than 90 … Read more
The latest data released by the U.S. Department of Labor on Thursday (7th) showed that the number of people continuing to receive unemployment benefits last week was far lower than expected, marking the largest drop since July. In addition, the number of initial claims for unemployment benefits was also lower than market expectations. Some analysts … Read more
After the U.S. reported a larger-than-expected decline in initial jobless claims last week,dollar indexIt rose on Wednesday (22nd), continuing the trend of the previous day and rebounding from a two-and-a-half-month low. In late New York trading, ICE tracks the dollar against six major currencies. dollar index (DXY) rose 0.32% to 103.89. The U.S. Department of … Read more
The major U.S. stock indexes opened higher on Wednesday (22nd), with the market betting that the Federal Reserve’s (Fed) interest rate hike cycle is nearing its end, U.S. bond yields fell, and traders assessed the latest batch of economic data. before deadline,Dow Jones Industrial Averagerose nearly 170 points or nearly 0.5%,Nasdaq Composite Indexrose more than … Read more
The major U.S. stock indexes were mixed on Thursday (16th), mainly due to the impact of computer network equipment manufacturer Cisco (CSCO-US) poor financial results, retail giant Walmart (WMT-US), while optimism around peaking interest rates waned. Cisco’s stock price fell more than 11% in early trading, and Walmart’s stock price fell nearly 7%. before deadline,Dow … Read more