This week all eyes will be turning to the release of the US employment report on Friday. On Monday, there are no important economic reports scheduled to be released, so the traders should monitor the latest developments surrounding the Russia-Ukraine war.
Shares of the sneaker giant Nike (NYSE: NKE) surged more than 6% on Tuesday after the company released better-than-expected third quarter (Q3) financial results.
Global equity and cryptocurrency markets ended higher last week as investors digested mounting uncertainties around Russia-Ukraine talks. While the US futures and European shares started mixed the new after Ukraine’s rejection of Russia’s demand to surrender Mariupol hints at intensifying war conditions.
All eyes will be on the US Federal Reserve's latest interest rate decision this week. The most waited FED decision tends to lead to significant moves for currencies, commodities, and Indices.
Bitcoin (BTUUSD) slightly recovered from the early morning losses, but the overall momentum remains under pressure as the cryptocurrency pair struggling to stay above $40000 on the weekly close.