Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
Friday News: The End of the Week
Information is not investment advice
This week brought many events and fluctuations; however, it seems like ahead of the weekend many assets and currencies are stable and so far, nothing bodes bad.
US crude oil prices rose above $100 a barrel for the first time in four sessions amid mixed signals from peace talks between Russia and Ukraine.
The S&P 500 and Nasdaq rose 1.2% and 1.3%.
The euro remained flat at $1.1093 and gained 1.7% on the week.
The Australian dollar, which received an additional boost from Thursday's stellar employment data, hit a nearly two-week high of $0.74000.
The Bank of England also raised interest rates on Thursday, as expected, but turned dovish in its outlook amid worries that soaring commodities will hurt growth and demand. GBP briefly fell as traders turned less sure about future hikes.
Shares of GameStop (GME) - last year's favorite among investors - tumbled late after the retailer suffered a bigger-than-expected loss in the fourth quarter.
FedEx (FDX) shares also fell after the shipping giant released its quarterly earnings report on Thursday afternoon. This reflected lower-than-expected earnings as rising labor and shipping costs more than offset FedEx's higher prices for customers.
Have a great trading Friday and a relaxing weekend!
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Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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