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U.S. stock index futures rose on Tuesday
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The AUD/JPY pair is trading slightly above the cloud. An upward wave would trigger the market higher, signaling the strength of the bulls.
US Market View
U.S. stock index futures rose on Tuesday, as Apple climbed and upbeat manufacturing sector surveys in China and Europe set the tone for the United States factory activity data, due later today.
China’s factory activity expanded at the fastest clip in nearly a decade in August and eurozone output also stayed strong last month, buoying global stocks.
ISM survey data at 10 a.m. ET (1400 GMT) is likely to show U.S. manufacturing activity expanded slightly last month after hitting a 1-1/2 year high in July.
Investors will keep a close watch on the monthly U.S. jobs report due on Friday.
Wall Street’s main indexes recorded their fifth straight monthly gain on Monday following massive central bank support, U.S. government aid and demand for tech-focused stocks.
The Nasdaq and S&P 500 have set consecutive new all-time highs recently, but the blue-chip Dow is still about 4% below its February high.
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus