Category: Business

West Texas Intermediate crude recently closed at $90.55 per barrel while Brent settled at $95.04, as renewed US-Iran hostilities kept energy markets on edge. Oil prices had pulled back modestly from even higher intraweek levels after the strong US jobs report shifted investor attention toward rate expectations. The geopolitical premium embedded in crude prices has...

European equity markets opened this week in mainly negative territory. The pan-European Stoxx 600 fell nearly 0.1 percent, with most regional sectors in the red. Oil and gas stocks were a notable exception, rising 1.14 percent as energy names benefited from elevated crude prices. Technology names added 0.55 percent, while healthcare stocks slid more than...

South Korea’s benchmark Kospi index advanced 4.61 percent this week, one of its strongest single-session performances in recent months. Samsung Electronics and SK Hynix drove much of the move. Samsung gained 5.68 percent and SK Hynix surged 8.26 percent as optimism around renewed AI demand sent memory chip stocks sharply higher. A lead broker at...

Japan’s equity market opened this week with one of its strongest single-session performances in recent months. The Nikkei 225 climbed 1.96 percent, or 1,274 points, to close at 66,294. SoftBank Group led the advance with a remarkable 10.97 percent surge, while Resonac Holdings gained 6.47 percent and Panasonic added 5.60 percent. The brand’s junior broker...

US equity markets are closed for the Labor Day holiday. The conversation driving this week’s trading outlook is fully alive, however. August’s nonfarm payrolls report delivered a shock, showing the economy adding 162,000 jobs against a consensus estimate of just 53,000. That positive surprise more than tripled expectations in a single report. A senior financial...

The US Dollar Index (DXY) remains under pressure, extending its decline for a third consecutive session and falling toward the 98.70–98.65 region during the European session. The move brings the index increasingly close to the key 98.50–98.55 support zone, where the 78.6% Fibonacci retracement converges with the recent August swing low. With her experience as...

The NZD/USD pair is trading near 0.5860, rising around 0.13% during the European trading session. Despite the advance, the pair remains inside the previous session’s range, signaling limited bullish conviction ahead of the next major US economic catalyst. Readers can gain further insight into the subject from Veronica Johnson, a broker at F24 Group who...

The NZD/USD pair extends its modest recovery and remains supported above the 0.5600 psychological level, as buyers attempt to stabilize the pair following its recent decline. Drawing on his experience as a broker at F24 Group, Ron Weber provides readers with a clear and thorough look at the subject and its key considerations. The ability...

Canadian Dollar (CAD) is gaining ground against the US Dollar (USD) as renewed Middle East tensions lift crude oil prices and strengthen demand for the commodity-linked Loonie. In this article, Jane Davis of F24 Group breaks down the topic and provides a closer look at the key points readers should know. The USD/CAD pair is...

Gold (XAU/USD) has successfully engineered an intraday rebound of 1.45% from a seven-day cyclical low, decisively reclaiming the $4,400.00 psychological resistance barrier. As a broker at F24 Group, Zoey King brings her industry experience to the discussion, offering readers a detailed perspective on the subject covered in this article. This upward price action follows a...