Hang Seng Index Soars on Alibaba and Baidu Boosting Tech Outlook and Turns Risk-on
The Hang Seng index was lifted after Alibaba and Baidu beat sales expectations and risk assets rose across the board. Has China turned the corner?
The Hang Seng index was lifted after Alibaba and Baidu beat sales expectations and risk assets rose across the board. Has China turned the corner?
The Nasdaq 100 index gave up recent gains as risk aversion kicked in on China growth woes and concerns of higher rates re-emerged. Will NDX resume the downtrend?
Global markets are taking full advantage of cooling Federal Reserve rate hike expectations. The Nasdaq 100 is soaring and the US Dollar is tanking. Are traders getting ahead of themselves? Eyes are…
There was some much needed respite among the major global equity indices this past week, but that relief was likely a by-product of the liquidity drain before a holiday weekend. With growth forecas…
The Euro saw its best two-week performance since January as the markets boosted ECB rate hike bets and cooled Fed tightening expectations. EUR/USD still faces multiple obstacles next.
Gold prices may continue to recover in the coming days if U.S. economic data worsens and cools bets for a more aggressive Federal Reserve monetary policy outlook.