Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global stocks markets ended on a strong bearish note on Friday after financial regulators shut down one of the leading lenders in the United States, the Silicon Valley Bank (SVB). This week all eyes will be on the US inflation data, which could reinforce expectations of a bigger rate hike later this month.

Snap stock outlook after gaining 22% this week

Snap stock outlook after gaining 22% this week

Social media stocks have been on the rise in the stock market over the past 3 trading sessions after the White House backs a bipartisan bill that could be used to ban TikTok. While Snap could be poised to be the biggest beneficiary since it offers more or less the same features as TikTok.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Precious metals, major indices and commodities started the new week on a nervous note as the US rate hike worries still weighing on the markets. Moving ahead, the markets have a lot of economic data to digest this week and the main highlights of the economic calendar will be the US durable goods orders data, ECB minutes and the latest PMI numbers from US, Eurozone and UK.