By JustMarkets At Monday’s close, the Dow Jones Industrial Average (US30) was up 0.69%, while the S&P 500 Index (US500) added 1.20%. The NASDAQ Technology Index (US100) closed positive 1.59% on Tuesday. The US stock indices closed moderately higher, with the Dow Jones Industrials Index rising to a one-week high. Better-than-expected first-quarter earnings results supported stocks. Stock indices continued to rise after a weaker-than-expected report on the S&P US manufacturing PMI for April, which led to lower bond yields. Tesla’s (TSLA) first-quar ..read more

By ForexTime  Yen weakens to multi-year lows Markets on intervention watch BoJ decision & US data in focus Major resistance at 161.8 golden Fib levels Key levels of interest at 155.00, 154.20 & 21 day SMA The Yen’s weakness to multi-year lows has left investors on high alert for possible currency intervention. On Wednesday morning, USDJPY was a whisker away from the psychological 155 level as the dollar gained across the board. It’s worth noting that back in March, there was much discussion around Japanese authorities potentially intervening when the ..read more

By Elana Goldenkoff, University of Michigan and Erin A. Cech, University of Michigan  A chatbot turns hostile. A test version of a Roomba vacuum collects images of users in private situations. A Black woman is falsely identified as a suspect on the basis of facial recognition software, which tends to be less accurate at identifying women and people of color. These incidents are not just glitches, but examples of more fundamental problems. As artificial intelligence and machine learning tools become more integrated into daily life, ethical considerations are growing, from privacy issues a ..read more

By ForexTime  FXTM launches 10 new commodities Robusta Coffee near all-time high 2nd biggest gainer YTD in FXTM’s commodity universe Prices ↑ over 35% since start of 2024 Key levels of interest at $4040, $4130 and $4280 FXTM’s new Robusta Coffee commodity is flirting near all-time highs! Prices rallied to fresh records last week as fundamentals fuelled concerns over tight global supplies. Note: Prices are trading roughly 4% away from all-time highs. Before we take a deep dive into the world of Robusta coffee, here are the basics: What is Robusta Coffee? Robusta coffee bean is ..read more

By JustMarkets At Monday’s close, the Dow Jones Industrial Average (US30) was up 0.67%, while the S&P 500 Index (US500) added 0.87%. The NASDAQ Technology Index (US100) closed positive 1.11%. The US stock indices rose moderately, with the Dow Jones Industrials Index hitting a 1-week high. Yesterday, reduced geopolitical tensions helped stocks rise, as the exchange of strikes between Iran and Israel may be temporarily halted. Additionally, Nvidia’s (NVDA) 4% gain on Monday helped tech stocks as Nvidia recovered some of the 10% drop from last ..read more

By RoboForex Analytical Department The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday. This positive movement comes after a period of rapid decline and is supported by encouraging economic data from Australia. The latest manufacturing PMI report for April significantly contributed to the Australian dollar’s appreciation. It showed an increase to 49.9 points, up from 47.3 the previous month. This improvement brings the manufacturing sector close to the critical 50.0 threshold, distinguishing between the industry ..read more

By JustMarkets On Friday, the Dow Jones (US30) Index gained 0.56% (for the week -0.23%), while the S&P 500 (US500) Index fell by 0.88% (for the week -3.54%). The NASDAQ Technology Index (US100) closed negative 2.05% (for the week -6.11%). The S&P 500 (US500) fell to a one-month low, and the NASDAQ (US100) fell to a 2-month low. Weak corporate news and rising geopolitical risks weighed on stocks. The latest escalation in the Israeli-Iranian conflict (an Israeli drone attack on Isfahan in Iran) caused risk assets ..read more

By RoboForex Analytical Department Brent crude oil prices fell to a four-week low of 86.50 USD on Monday, influenced by several contributing factors. The primary cause of the decline was a reduction in geopolitical tensions as Iran’s rhetoric toward Israel showed signs of de-escalation. This change is significant given that Iran is the third-largest OPEC oil producer, with substantial exports to China and other countries, making stability in the region crucial for global oil markets. On the demand side, US crude oil inventories rose 2.7 million barrels for the week, nearly double what was anti ..read more

By ForexTime  Bitcoin halving done and dusted Ethereum in focus ahead of SEC decision ETH ↓ 20% from 2024 peak Prices trending higher on D1 chart Key levels at 100 day SMA, $3255 and 50-day SMA Bitcoin’s halving event is done and dusted! Marking a landmark moment in the world of digital assets. This shifts our focus towards Ethereum which could be rocked by the Securities and Exchange Commission’s (SEC) looming decision to vote on Ethereum spot ETF applications. The world’s second-largest cryptocurrency has shed over 20% from the 2024 high, though still up 40% year ..read more

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday April 16th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the euro will decline versus the d ..read more