March 15, 2024

Market Madness: Major Indices Close Lower for the Day and Week Overview The three major indices are closing lower both on the day and for the trading week. The declines are led by the NASDAQ index. A snapshot of the final numbers shows: Dow industrial average -190.91 points or -0.49%

Unlocking the Potential: A Look at NZD/USD Levels for the Upcoming Week Description As the trading week works toward a close, what levels are in play for the NZDUSD heading into the new trading week starting March 18. The price action this week has been more bearish with the price

Goldman Sachs Boosts 2024 Gold Price Prediction to $2180 – What This Means for Investors Goldman Sachs Raises Gold Price Forecast for 2024 Goldman Sachs, one of the leading investment banks, recently raised its average gold price forecast for 2024 to $2180 from $2090. This upward revision indicates the bank’s

USD/CAD Update: A Look at Today’s Correction After a Failed Breakout – What’s Next? Description: The USDCAD moved higher this week, helped by a sharp rise yesterday after stronger than expected US CPI data and weekly initial and continuing claims. The price extended above a number of moving averages with

Rising US 10-Year Yields: A Look at the Highs of 2021 Description Yields have risen this week as CPI numbers stayed hot but that doesn’t tell the whole story. Many in the bond market watching the Bank of Japan and that’s why yesterday’s weaker retail sales report didn’t have much

Market Update: Nasdaq Takes a Dip – US Stocks See a Downward Trend on March 15th Description The major US stock indices are trading lower to start the final trading day of the week. The declines are led by the Nasdaq index. The declines have erased the modest gains for

Jump Trading Goes Global: Vienna Stock Exchange Welcomes New Listing! Expanding Global Reach The Vienna Stock Exchange has added Jump Trading Europe B.V. as its newest international trading member. This move marks a significant addition to the exchange’s list of members, now totaling 70, with 21 Austrian and 49 international

From Startup to Success: The Incredible $15M Story of DarwinAI’s Acquisition by Apple DarwinAI’s $15M Journey Ends in Apple’s Hands Quick Look: Apple has acquired the Canada-based AI startup DarwinAI, known for its vision-based technology that enhances manufacturing efficiency. DarwinAI’s team has reportedly joined Apple’s machine learning teams, indicating the

Yen’s Upheaval: BOJ Policy Shift Gets Green Light, But Japanese Currency Still Struggles The week hasn’t gone well for yen bulls as there is no follow through after the BOJ got the ball rolling in trading last week. A key outcome for the spring wage negotiations was largely positive earlier

Revolutionizing Retail Payments: SAP Introduces Versatile Commerce Cloud Framework SAP SE has unveiled a solution aimed at equipping retailers with the flexibility needed to navigate swiftly evolving consumer payment preferences. The announcement, made yesterday (Thursday), introduces the SAP Commerce Cloud Open Payment Framework, designed to empower retailers to stay ahead

Breaking News: SEC Website Crashes, Bitcoin Plummets in Aftermath! Description: The US Securities and Exchange Commission (SEC) website went down on Friday night but came back online during publication. The institution has not yet provided official reasons, and social media rumors suggest that a DDoS attack may have occurred. The

Unlocking the Secrets of GBP/USD: A Technical Analysis of the Price’s Proximity to a Crucial Support Zone Introduction The foreign exchange market is a dynamic and ever-changing landscape, with currencies constantly fluctuating in value against one another. One of the most closely watched currency pairs is the GBP/USD, which represents