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Joshua

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.

WTI hits new weekly high late Friday

WTI hits new weekly high late Friday WTI hits new weekly high late Friday

WTI nears $80 per barrel as energy markets rise. Risk appetite increases, bolstered by rate cut hopes. The moderation of inflation in the US and the fall in crude oil reserves trigger barrel offers. West Texas Intermediate (WTI) rose in late auctions on Friday as crude oil markets recover, but still remains within recent consolidation […]

Nasdaq 100 closes slightly bearish ahead of FOMC Minutes

Nasdaq 100 closes slightly bearish ahead of FOMC Minutes Nasdaq 100 closes slightly bearish ahead of FOMC Minutes

The Nasdaq 100 is trading partially lower at 18,543, in a session with little movement. Raphael Bostic, Loretta Mester and Thomas Barkin delivered their speeches today. As statements from Fed members continue, the focus next week will be on the FOMC minutes. The Nasdaq 100 started the European session with a high of 18,597, but […]

USD/THB plunges closer to 100-day SMA, USD supported by Fed comments

USD/THB plunges closer to 100-day SMA, USD supported by Fed comments USD/THB plunges closer to 100-day SMA, USD supported by Fed comments

USD/THB retreated in the Friday session and settled at 36.10, with a loss of 0.36%, as the bears maintain firm control. Data released during the week indicates weakness in the US economy, fueling market forecasts for an early interest rate cut by the Federal Reserve. Hopes for an early rate cut were offset by the […]

The price of Gold exceeds the $2,400 level, aiming for all-time highs

The price of Gold exceeds the $2,400 level, aiming for all-time highs The price of Gold exceeds the ,400 level, aiming for all-time highs

Gold breaks above $2,400, approaching its all-time high of $2,431. Lower US April inflation supports Gold's rally, despite rising Treasury yields. Fed officials remain cautious, with rate cut expectations in December 2024 slightly adjusted to 35 basis points. Gold price soared during the pre-weekend North American session as the XAU/USD pair traded above $2,400, posting […]

Mexican peso reaches four-week highs after comments from Banxico members

Mexican peso reaches four-week highs after comments from Banxico members Mexican peso reaches four-week highs after comments from Banxico members

The Mexican Peso rises strongly and the USD/MXN pair surpasses the 2023 low of 16.62. The comments of the deputy governor of Banxico, Irene Espinosa, about the rate cut support the rise of the peso. US inflation data fuels speculation of a Fed rate cut, with futures markets indicating a 41 basis point reduction by […]

The Dollar falls to new one-month lows against the Mexican Peso at the close of the week

The Dollar falls to new one-month lows against the Mexican Peso at the close of the week The Dollar falls to new one-month lows against the Mexican Peso at the close of the week

The USD/MXN is trading at 16.60, resuming the downward trend that began in mid-April. The Dollar Index (DXY) is trading at 146.47, slightly bearish from its previous close at 146.51. The inflation data in the US published on May 15 favored the fall of the Dollar The USD/MXN began the European session setting a high […]

USD/NOK trades with slight losses, Fed's caution supports USD

USD/NOK trades with slight losses, Fed's caution supports USD USD/NOK trades with slight losses, Fed's caution supports USD

USD/NOK recorded slight losses in the session on Friday, settling around 10.66. Despite mixed reactions to softening economic data, the dollar remains stable due to the cautious stance of Fed officials. The Fed acknowledged progress but that it needs more data to begin cutting. The dollar remains firm thanks to the cautious tone of Federal […]

Dow Jones Index: Adrift on a Friday of low trading volume

Dow Jones Index: Adrift on a Friday of low trading volume Dow Jones Index: Adrift on a Friday of low trading volume

The Dow Jones rises modestly, but remains slightly below its recent all-time highs. Record stock gains on rate cut hopes could be short-lived. Monetary policy continues to be the main focus of the markets. The Dow Jones Industrial Average (DJIA) is at the top of the chart, as markets close a busy week of trading […]

The Canadian dollar remains sideways on a calm Friday

The Canadian dollar remains sideways on a calm Friday The Canadian dollar remains sideways on a calm Friday

The Canadian dollar takes a pause amid a Friday of calm markets. Canada is preparing for a long weekend and will be back on Tuesday with CPI inflation. Fed speech will dominate as investors wait for signs of Fed rate cuts. The Canadian Dollar (CAD) trades sideways on a Friday of low volatility, remaining close […]

Fed: Christopher Waller did not comment on monetary policy

Fed: Christopher Waller did not comment on monetary policy Fed: Christopher Waller did not comment on monetary policy

Federal Reserve (Fed) Governor Christopher Waller delivered a prepared speech Friday at the 44th Plenary Meeting of the International Organization for Standardization Technical Committee 68 on Financial Services, but refrained from commenting on monetary policy or the economic outlook. . “As we enter the latest wave of technological innovation in payments, the fundamental dynamics of […]