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Asset Summary – Thursday, 13 March
Asset Summary – Thursday, 13 March GBPUSD is exhibiting a bullish outlook as the pound benefits from a weaker dollar and anticipation of sustained high interest rates in the UK. Reduced expectations for Bank of England rate cuts into 2025 are bolstering the currency. Upcoming GDP data and economic forecasts from the Office for Budget…
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Dow’s Decline Persists Amid Tech Rally – Thursday, 13 March
US stock futures experienced a positive climb on Thursday, following a rally spearheaded by technology stocks in the previous session. While the S&P 500 and Nasdaq Composite rebounded, snapping a two-day losing streak, the Dow Jones Industrial Average continued its downward trend. This divergence highlights a market where tech sector strength contrasts with broader economic…
