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Previous week’s events (week 08 - 12.04.2024) Announcements US economy The University of Michigan’s preliminary reading on the overall Consumer Sentiment index was reported low, at 77.9 this month, compared to a final reading of 79.4 in March. Inflation expectations for the next 12 months and beyond

XAG/USD climbs 3.61%, nearing $29.00 due to robust demand in the precious metals sector. Technical analysis suggests further upside potential, with aims at the April 12 high of $29.79 and the key $30.00 level. Key supports are at the May 18, 2021, high of $28.75, the June 10, 2021, high of $28.28, a

Asia market update: Geopolitics dominates wk/end & the week to come? PBOC may start trading govt bonds; US Retail Sales tonight and focus on US earnings. General trend Weekend geopolitics related - Iran’s ‘calibrated’ and well-telegraphed strikes on Israel late Saturday did not appear to cause m

The run of Dollar demand has resulted in fresh yearly highs against many currencies. We had already seen a wave of Dollar demand on the back of a repricing of Fed rate expectations, and in recent days, geopolitical factors have played into even more Dollar demand. Share: Analysis feed

U.S. stocks closed sharply lower on Friday, as geopolitical tensions, inflation worries and mixed earnings and guidance from major banks rendered the mood a bit bearish. The major averages all ended in the red. The Dow ended with a loss of 475.84 points or 1.24 percent at 37,983.24. The S&P 500