- Analytics
- Market Overview
Global stocks up after Wall Street gain - 7.7.2022
Todays’ Market Summary
- The Dollar strengthening has halted
- The US stock index futures are up currently
- Gold prices are rebounding
Top daily news
Equity indexes are pointing up currently after Federal Reserve minutes confirmed policymakers willingness to continue raising interest rates. Wall Street edged up yesterday. Apple shares rose 0.96% on Wednesday, Google shares added 1.16% outperforming market despite Monness, Crespi, Hardt & Co analyst joining others who earlier cut price target for the stock on ad spending decline concerns as recession fears linger.
Forex news
The Dollar strengthening has halted currently. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.5% Wednesday.
Both EUR/USD and GBP/USD slowed their retreating on Wednesday. Euro and Pound are higher against the Dollar currently. USD/JPY continued advancing yesterday while AUD/USD continued retreating with both the Australian dollar and yen higher against the Greenback currently.
Stock Market news
The US stock index futures are up currently ahead of Bureau of Labor Statistics report on unemployment claims due today at 14:30 CET and St Louis Fed President James Bullard speech at 19:00 CET. The three main US stock indexes booked gains ranging from 0.2% to 0.4% Wednesday despite the Institute for Survey Management's services index decline.
European stock indexes are higher currently after closing up yesterday led by retail shares. Asian stock indexes futures are rising today with Japan’s Nikkei leading gains.
Commodity Market news
| Brent Crude Oil | --- | --- | --- |
| Cotton | --- | --- | --- |
Brent is edging higher currently. Prices fell yesterday on energy demand concerns as potential global recession fears linger. The US oil benchmark West Texas Intermediate (WTI) futures fell 1% but is higher currently. Brent crude lost 2% to $100.69 a barrel on Wednesday.
Gold Market News
| Gold USD | --- | --- | --- |
Gold prices are rebounding currently. Spot gold fell 1.5% to $1738.59 an ounce on Wednesday.
Crypto
| Bitcoin | --- | --- | --- |
| Ethereum - Dollar USA | --- | --- | --- |
News
META Lost $119 Billion in a Day
Structural bearish pressure is building up; two verdicts confirm the product defect legal theory and now we have a replicable...
Bitcoin at $67K: Key Levels, Technicals and What's Driving the Price
Bitcoin is in a later stage of post-halving cycle, meaning prices peak and start pulling back. Big institutional buyers are...
Meta Analysis: Not Addiction
The lawsuit against Meta in California is a battle over semantics, design, and liability. Inside the company, employees have...
From ChatGPT to the Department of War
This situation is a classic example of corporate chess. By early 2026, OpenAI was in trouble. They were spending $17 billion...
NVIDIA $117 Billion Trap
Behind Nvidia record breaking revenue there is a catastrophic threat. There is a dangerous dependence on the supply chain...
Private Market in 2026: Blue Owl Capital
In the past few months Blue Owl Capital stock prices fell impressively - 40%. Blue Owl is dealing with big issues - they...
Explore our
Trading Conditions
- Spreads from 0.0 pip
- 30,000+ Trading Instruments
- Stop Out Level - Only 10%
Ready to Trade?
Open AccountSee Also
