Amidst a dynamic economic backdrop, the Dow Jones Industrial Average capped off its eighth consecutive winning day, marking its strongest week of 2024 with an impressive performance.
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Despite recent gains, the Dow Jones Industrial Average experienced its first losing day in nine sessions on Monday, reflecting rising inflation concerns among consumers.
Amidst a dynamic economic backdrop, the Dow Jones Industrial Average capped off its eighth consecutive winning day, marking its strongest week of 2024 with an impressive performance.
Thursday's trading session concluded with significant gains in the US stock market, underscored by a 331.37 point surge in the Dow Jones Industrial Average, marking its seventh consecutive day of gains.
The Dow Jones Industrial Average continued its winning streak on Wednesday, marking its sixth consecutive positive day and longest stretch of gains so far in 2024.
The stock market session saw the Dow Jones Industrial Average extend its winning streak, the longest since December, signalling a slightly optimistic outlook among investors hoping for interest rate cuts by the Federal Reserve.
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If we see a big miss in the PPI data today, we could look for downside opportunities in the USD versus the AUD, EUR, and XAU (gold), as well as possible long opportunities in equities.
A solid trading strategy means having the technical skills to analyse data, spot and recognise patterns, and use trends to make predictions about what the markets will do next.
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Stagflation represents the worst of both worlds for a country's economy.
Bid (buy) & ask (sell) prices are the prices that buyers & sellers are willing to accept for a tradable asset. The difference between them is called the spread.
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In its continued commitment to environmental conservation, INFINOX has announced a significant shift towards sustainability by going completely paperless.
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