Recent content by OnEquity

U.S. stock markets pull back; large volume of third-quarter results expected Stock index futures along with U.S. equities were lower on Tuesday, with eyes on the third quarter results of a number of large companies. Most major Wall Street indexes posted a slightly negative session on Monday...

Dollar falls, euro rises on ECB speakers expectations The U.S. dollar declined on Tuesday, although it remained near its recent highs in an environment marked by uncertainty related to the pace of interest rate cuts as the date for the U.S. presidential election approaches. The dollar benefited...

Today’s Stocks to Watch: Boeing, Kenvue, and Humana Key points: Humana stock increased due to rumors of a possible acquisition by Cigna. Starboard Value bought a stake in Kenvue, boosting its stock value. Boeing reached an agreement in principle that could end the strike. Boeing (BA) Moves...

Market Highlights for the Week: Tesla, IMF, and Oil Tesla will be the first of the “Magnificent Seven” to report in the corporate earnings season. Global financial leaders will meet in Washington, and oil prices remain volatile. Here’s a look at what’s happening in the markets this week. Tesla...

U.S. Stock Markets Plummet Amid a Flood of Third-Quarter Results U.S. equity markets and stock indices were slightly lower on Monday, consolidating near record levels, with attention focused on a series of key results from the technology sector. Positive results from banks and technology...

Dollar Gains on Cut in Rate Expectations, Pound Falls on Inflation The U.S. dollar rose Monday, maintaining its recent strength as the election for U.S. president approaches and polls point to a growing likelihood that former President Donald Trump will be the winner. Dollar Boosted by...

Elon Musk’s Tesla mobilizes 760 million in Bitcoin, raising fears of a massive liquidation The cryptocurrency community is abuzz with rumors following Tesla’s transfer of a sizable portion of its Bitcoin (BTC) holdings. More than 11,500 BTC were transferred to wallets linked to the electric car...

U.S. stock markets stabilize ahead of quarterly earnings results U.S. stock index futures and equities stabilized on Tuesday, consolidating after a rally in technology stocks moved to all-time highs on Wall Street last session ahead of some major company data. The major indexes posted solid...

Dollar Falls from Highs, Euro Under Pressure on Weak Inflation Data The U.S. dollar fell from recent highs on Tuesday as weak regional inflation data weighed on the euro ahead of the European Central Bank (ECB) meeting. Dollar Falls from Highs In recent weeks, demand for the U.S. dollar has...

Outlook for the Week of October 14-18 Key points to watch out for: The ECB is expected to implement its first rate cut in a row on Thursday CPI in Canada, China, Japan, New Zealand, and the U.K. will be released China GDP and US retail sales on investors’ radar Is the ECB Rate Cut a Reality...

Daily Technical Analysis EUR/USD: Near Its Lowest Level Since Mid-August and Fragile at 1.0975 EUR/USD starts the week with subdued sentiment after last week’s sharp losses, bringing the pair to its lowest level since mid-August following positive U.S. jobs data on Friday. Spot prices are...

Dollar steady on payrolls hikes; euro eases on weak data The U.S. dollar stabilized on Monday, holding on to the gains seen after Friday’s strong jobs report, at the start of a week that brings the release of key inflation data, as well as minutes from the Federal Reserve’s latest meeting...

Cryptocurrency Markets Reeling From Global Uncertainty Over Middle East Conflict Bitcoin plummeted as the market reacted to the ongoing conflict between Israel and Iran. On a macroeconomic level, crypto-asset markets have been shaken by the escalation of geopolitical tensions between Iran and...

U.S. Stocks Fall Amid Middle East Tensions, Nike and ADP Payrolls in Focus U.S. stocks fell on Wednesday, as escalating tensions in the Middle East and disappointing news from sportswear giant Nike weighed heavily on investor sentiment. On Tuesday, the major indexes recorded a negative session...

Dollar Benefits from Safe-Haven Status Amid Middle East Tensions The U.S. dollar rose on Wednesday, benefiting from its safe-haven status and building on the strong gains from the previous session. This came after a missile attack by Iran on Israel, which further escalated tensions in the...