Indices Hit Records Despite The US Labor And Government Shutdowns
Wall Street indices closed at record highs on Wednesday, driven by strong sectoral performance and optimism that the US government shutdown would be short-lived.
Daily Market Outlook - Thursday, Oct. 2
Global stock markets are experiencing a historic surge, which has continued into Asian trading hours, with a rise in shares attributed to OpenAI's partnership with South Korea's top semiconductor manufacturers.
USD/JPY On Hold, But Yen Rally Could Resume At Any Moment
The USD/JPY pair has paused its recent decline, stabilising around 147.16 on Thursday.
Washington At A Standstill: What Are The Risks For The Markets?
With the US government shutdown, “fiscal QE” came to an abrupt halt.
GBP/USD Signal: Double-Bottom Pattern Forms
The GBP/USD exchange rate held steady on Thursday as the US dollar retreat continued. It jumped to a high of 1.3485, continuing a trend that started when it bottomed at 1.3325.
FX Daily: Outsized Tier-Two Data Sensitivity
With many major US data releases withheld due to the government shutdown, alternative measures (yesterday’s ADP, today’s Challenger data) are set to have a longer-lasting impact on markets than usual.
The Warning Signs Are Terrifying…And Oil Just Confirmed It
This week has seen one oil company after another announce major layoffs.