Get Access Before Expires!
Video Webinar FXCentrum

Days
Hours
Minutes
Seconds

US indices ended yesterday’s session with solid gains. The Nasdaq 100 Index gained 1.60%, while the S&P 500 was up 1.10%. The Dow Jones was the day’s worst performer, rising only 0.54%.

SHARE
Thursday News
  • US indices ended yesterday’s session with solid gains. The Nasdaq 100 Index gained 1.60%, while the S&P 500 was up 1.10%. The Dow Jones was the day’s worst performer, rising only 0.54%.
  • Asian equities and US futures rallied, driven by rising US tech shares and signs that the Federal Reserve’s rate-hiking campaign is coming to an end. Stocks in Japan, Australia, and South Korea climbed, with Hong Kong’s tech-led surge marking its best performance in a month.
  • The upbeat mood in the Asia-Pacific markets followed the Wall Street session, with the Nikkei rising by 0.92%, the Kospi by 1.12%, the Nifty 50 by 0.39%, and the S&P/ASX 200 by 0.21%.
  • Chinese indices performed exceptionally well after a prolonged period of being strongly oversold. The Hang Seng gained 2.30%.
  • Regarding a potential Australia-EU trade deal, Trade Minister Dan Tehan shared optimism about forthcoming discussions with the EU trade commissioner, emphasizing enhanced access to essential minerals for Europe as one of the strongest positives.
  • The CEO of National Australia Bank, one of Australia’s ‘big four’, believes the country won’t face a recession, highlighting the resilience of the housing market despite interest rate hikes by the Reserve Bank of Australia.
  • Nvidia (NVDA.US) shares rose over 6.50% in pre-market trading after surpassing analyst earnings estimates and offering a positive future outlook.
  • Nvidia reported revenues of $13.51 billion versus a $11.04 billion forecast, a 101% year-on-year growth. Earnings per share (EPS) stood at $2.7, compared to a forecast of $2.07 and $0.51 in Q2 2022. Data center revenues reached $10.32 billion against a $7.99 billion forecast, marking a 171% year-on-year surge.
  • The Japanese Yen underperformed today, with USDJPY rising to 145.1. Conversely, after a period of lagging, the EUR emerged as the top performer, with EURUSD advancing 0.12% to 1.0815.

Table of Contents

How to start?
We will help you since the moment you decide to trade.

THE IMPORTANCE OF TRADING WITH A REGULATED BROKER.

Watch our video webinar before time expires! by Petar Jaćimović

Days
Hours
Minutes
Seconds