FP Markets

Ahead of tomorrow’s headline event – the May US print – today’s calendar will be focussed on Swiss data, along with US weekly filings.

US dollar index Chart of the Day

In today’s First Light News, we cover the following:

✅ closure keeps prices bid

✅ in focus as the pair approaches the ‘intervention area’

✅ and data ahead

First Light News: Records on the board | FP Markets It was another day of green for major US equity benchmarks on Wednesday, with the S&P 500 refreshing all-time highs of 7,620 and now up an eye-popping 20% since the March lows of 6,316. Market

Australian numbers, as well as US and services, take centre stage today. Right now, the and the are facing the same dilemma: data is softening, but has not yet fully cooperated.

BTC/USD Chart of the Day

The Dow Jones Industrial Average (DJIA), commonly known as Dow Jones, or simply the Dow, is one of the oldest stock market indices in the world. It is named after its creators, financial journalists Charles Dow and Edward Jones. The index was first published on 26 May 1896 and featured 12 US industrial companies.

In today’s First Light News, we cover the following:

✅ Stalled US-Iran peace talks keep global on edge

✅ Shrugging off political stress, the S&P 500, Nasdaq, and Dow closed at fresh record highs

✅ Investors shift focus to key eurozone and US job openings reports

First Light News: Geopolitics and data remain front and centre | FP Markets Markets remain on tenterhooks as peace talks between the US and Iran have all but stalled. Mixed messaging from Washington, Israel, and Tehran has become the norm, not the exception, unfortunately,

The (EU) and the data are in focus today. The energy shock has nearly doubled EU since December, seemingly locking in a June hike, while a cooling US labour market could prompt investors to price out some tightening.