Dewar
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U.S. Stocks Set To End On Firm Note Again
U.S. stocks are up firmly in positive territory Tuesday afternoon, extending early gains as several counters across various sectors continue to attract strong buying amid expectations of strong earnings from technology majors. Several technology heavyweights such as Microsoft, Alphabet, Meta Platfor
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New home sales bounce back in March
Summary New home sales jumped 8.8% to a 693K-unit pace in March, the strongest pace since September 2023. Although the report was accompanied by downward revisions to sales in February, on balance, the pace has strengthened on trend so far to start the year. New home sales should continue to gradual
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Markets Focus On Earnings As Geopolitical Tensions Ease
Markets cheered the easing geopolitical tensions in the Middle East with a relief rally, while also keeping the spotlight on corporate earnings. On the horizon are key economic data releases ranging from Australia's inflation update due later in the day, GDP update from the U.S. on Thursday, as well
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GBP/JPY recovers from lows to climb back above 191.00
Guppy recovers near-term after drop into 190.40. Thin data leaves the Pound Sterling exposed to further downside. Coming up this week: UK PMIs, Japanese Tokyo CPI inflation. The GBP/JPY pair backslid into familiar lows near 190.40 as Pound Sterling (GBP) traders continue to look out for multiple rat
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XAU/USD outlook: Gold spikes above $2400 again as deteriorating geopolitical situation boosts demand
XAU/USD Gold probed above $2400 level for the second time, inflated by increased safe-haven demand following Israel’s attack on Iran early Friday. Although the spike above $2400 (the metal’s price reached $2417) was so far short-lived, near-term focus remains at the upside, as fears of further escal
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GBP/USD stays firm amid BoE, Fed commentary and US data
GBP/USD remains flat, influenced by BoE's Megan Greene remarks and multiple Fed officials emphasizing rate patience. US economic updates reveal a decrease in Jobless Claims and a surge in the Philadelphia Fed Index but a drop in home sales. Shift in rate cut expectations for the Fed impacts currency
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عاملات النظافة باليومية في المعادي: ركيزة مهمة في الحياة
في زمننا الحالي، حيث تسارعت وتيرة الحياة وتزايدت مسؤوليات العمل والأسرة، أصبحت خدمات التنظيف واحدة من الضروريات التي لا يمكن الاستغناء عنها، خاصة في المناطق الحضرية مثل المعادي. ومن بين العاملين في هذا المجال، تبرز عاملات النظافة باليومية في المعادي كركيزة أساسية في الحفاظ على نظافة المنازل والمكاتب
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Silver Price Analysis: XAG/USD pulls back as dark cloud cover loom
Silver retreats to $28.09, unable to hold above the crucial $29 mark, indicating potential further declines. The 'dark cloud cover' technical pattern suggests vulnerability and possible downward movement. Focus remains on silver's ability to sustain above the $28.00 threshold, with key support and r
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Eurozone Trade Surplus Increases Sharply In February
The euro area trade surplus increased sharply in February on falling imports, data published by Eurostat showed on Tuesday. The trade surplus registered a surplus of EUR 23.6 billion in February, up sharply from EUR 3.6 billion in the same period last year. On a yearly basis, exports gained 0.3 perc
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AUD/USD outlook: Recovery attempts stall after solid US data
Monday’s recovery attempt after the pair fell by 1.1% on Friday, was limited and likely short-lived, as renewed risk appetite on easing fears about escalation of the conflict in the Middle East, was offset by better than expected US retail sales data, which contributed to hawkish stance about Fed in
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8 Ways In Which You Can Beat Boredom While You Wait At The Airport - Saraf Furniture
Are you also a frequent flyer? Do you mostly find yourself scrolling your phone at the airport while waiting for the announcement of your flight? Raghunandan Saraf, CEO and Founder, of Saraf Furniture, says, “Take advantage of jotting down your ideas on the notebook or the computer during this time,
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Any rise in Oil prices may be dampened by hedging after Iran attacked Israel – Goldman Sachs
Following late Saturday’s Iranian attack on Israel, analysts at Goldman Sachs explain the impact of the Middle East escalation on Oil price. Key quotes “Our commodities strategists do not expect substantial further upside to oil prices.” “Hedge funds continued selling US Energy stocks for the 3rd st
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Australian Dollar struggles amid robust US economic data
The AUD/USD pair remains under pressure, hovering around 0.6528 on Friday. Earlier this week, the Australian dollar faced significant challenges, with a sharp decline against the USD. Efforts to stabilise the exchange rate have seen limited success thus far. The stronger-than-expected economic data
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