Stock prices accelerated their uptrend on Friday, and the S&P 500 index reached new record high of 4,975.29 following top tech earnings releases and some better-than-expected economic data.
Blogs
USD/CAD aims to refresh weekly high above 1.3550 as investors remain risk-averse
The USD/CAD pair hovers near a weekly high around 1.3540 in the early New York session on Tuesday.
Is German Industry Ready for Revival?
<p><img width="612" height="415" src="https://www.actionforex.com/wp-content/uploads/2020/05/f-germany6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-conte
Japanese Yen Calm After Mixed Spending and Income Data
<p><img width="612" height="417" src="https://www.actionforex.com/wp-content/uploads/2018/10/f-jpy90-e1606737862812.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2018/10/
ECB’s Vujcic: We need some patience now
<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-ecb13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>In an interview with Reuter
Geopolitics: Former US Pres Trump does not have presidential immunity. Can be put on trial
<p>In geopolitical news, a Washington appeals court denies former US Pres.Trump presidential immunity from charges he plotted to overturn the 2020 election. It is expected that he would contest the decision at the US Supreme Court.</p><ul><li>The U.S. Court of Appeals for the D.C. Circuit ruled that Trump's efforts, inc
Canada Ivey PMI index for January 56.5 versus 56.3 last month
<ul><li>Prior month 56.3</li><li>Ivey PMI SA 56.5 versus 56.3 last month</li><li>Unadjusted PMI 54.4 versus 43.7 last month.</li><li>Employment index 57.2 versus 57.9 last month</li><li>inventories 50.3 versus 49.1 last month</li><li>Prices index 62.2 versus 64.5 last month. &l
US stocks trading higher in early trading
<p>The major US stock indices are trading higher on the day with the Dow 30 stocks doing better today. </p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average up 132 points or 0.34% at 38509</li><li>S&P index up 12.19 points or 0.25% at 4955</li><li>NASDA
US natural gas prices fall below $2 for the first time in 10 months
<p>The dark days are back again for the US natural gas market. Henry Hub fell below $2 today for the first time since April 2023 when that level was briefly breached three times.</p><p>If you look at the last 23 years of US natural gas prices, the period below $2 have been brief.</p><p>The shale revolution really [&hel
Looking for global growth signs in Korea
<p>Is South Korean manufacturing a good barometer of global demand?</p><p>Scotiabank economists see some bright spots in global manufacturing and particularly in Korean exports.</p><blockquote>From a global perspective, China remains the weak link; however, we do flag the solid rebound in Korean exports (+18% y/y), whi