Dow Jones

EURUSD, Dow Outlook: Following exhausted momentum and market extremes during FOMC week, EURUSD holds a bearish reversal, testing 1.0730 support, while the Dow sustains its bullish reversal, testing 42,600 resistance—both navigating key levels amid tariff fears and a cautious market hold.

The relative calm seen on Wall Street these past two weeks came to an abrupt end on Wednesday in anticipation of Trump's auto tariffs. The Nasdaq led the way lower, with S&P 500 and ASX futures being dragged along for the ride.

US stocks have opened higher as the market continues to digest the Federal Reserve interest rate decision, trade war worries, and a solid housing report. The Fed left rates unchanged as expected but also highlighted rising uncertainties amid rump's trade wars.

GBPUSD, Dow Forecast: The BOE holds rates, keeping GBP/USD below 1.30 as markets await the BOE press conference. Meanwhile, the Dow Jones maintains its rebound near 41,800, supported by the Fed's dovish stance.

Despite having registered two consecutive recovery sessions, the index is now showing new declines, accumulating a loss of more than 5% over the last ten trading sessions.

US stocks are struggling at the start of the week, extending losses from the previous week. Concerns over the impact of Trump's trade tariffs on the economy still weigh heavily, and US retail sales com in below expectations. US retail sales rose 0.2% MoM, well below the 0.7% forecast.

GBPUSD, Dow Forecast: Following last week’s steep movements driven by trade war risks, markets closed on a cautious rebound. Press conferences from the Fed, BOJ, BOE, and SNB will be key focal points this week, influencing broader market sentiment.

USDJPY, Dow Forecast: Germany’s increase in defense-related debt has impacted fixed-income markets, while trade wars continue to erode economic confidence, pressuring market sentiment.

GBPUSD, Dow Forecast: Despite the Federal Reserve’s decision to hold rates and Trump’s tariff threats, GBPUSD remains near the 1.24 mark, while the Dow Jones trades near its record highs. Will these rallies continue?

Stocks continued to rally last week with another drive after President Trump’s inauguration. Now we get to hear from the Fed and then Friday brings an important piece of inflation data.

U.S. stocks are heading higher on Friday, with the S&P 500 and the Dow Jones set to book the strongest weekly advances since November. Investors are waiting for further clues regarding Tump’s policies next week. Treasury yields have dipped this week and the USD has fallen, helping lift sentiment.

U.S. stocks are heading for a mixed start after weaker-than-expected data keeps rate cut hopes alive and as banks’ quarterly results continue to roll in. Retail sales rose 0.4% MoM and jobless claims rose 217k. However, this is a fine balance, the market won't want to see data weaken too much. Elsewhere Morgan Stanley and Bank of America continued the strong start to earnings season.

U.S. stocks are surging higher following cooling US inflation data and after banks kick off earnings season on the front foot. US CPI rose 2.9% YoY up from 2.7% in November. Core CPI eased to 3.2% easing some inflationary worries. pulling treasury yields and the USD lower while lifting stocks. US banks kicked off earnings on a positive note with JP Morgan, Goldman Sachs and Wells Fargo posting solid profits.

Dow Jones dropped over 2% during the last trading week, falling from the peak of 43,400 recorded in late December 2024.

US stocks are struggling amid lingering inflation fears following yesterday's ISM services PMI, a sharp drop in jobless claims, and ahead of the Fed minutes scheduled to be released later today. The Fed is expected to be more cautious regarding rate cuts this year amid signs of a solid economy and concerns over inflationary measures from Trump.

Wall Street indices are just not on the same page at the moment, with the Nasdaq hitting a record high, while the S&P 500 trading sideways and the Dow chalks up its worst daily bearish streak in 12 years. And that's not good for the ASX.

The Dow has managed to surpass the 44,000-point barrier and currently maintains steady growth of just over 7% since November.