Monthly Archives: June 2025
Nasdaq Hits Record High Amid Mixed Market Signals

Written on June 26, 2025 at 5:48 am, by
Key Takeaways: *Sentiment improved in the equity market with Nvidia sky-rocketed to a new all-time high. *The market pays attention to the U.S. GDP and the Friday PCE reading to gauge the direction of the Nasdaq. Market Summary: The Nasdaq Composite edged up 61 points to close at a fresh all-time high in the lastContinue Reading
Dollar Pressured Ahead of PCE Data

Written on June 26, 2025 at 5:45 am, by
Key Takeaways: *U.S. Core PCE Price Index (Due Today) *Potential U.S.-Iran diplomatic meeting next week *Fed leadership speculation and Trump-Powell tensions Market Summary: The global market landscape shifted toward risk-on sentiment as diplomatic signals emerged from both Washington and Tehran. U.S. President Donald Trump announced that he may meet with Iranian officials next week toContinue Reading