Weekly Market Wrap With Gary Thomson: SP500, US Dollar, Brent Crude Oil, Black Friday

FXOpen

Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights

  • S&P 500 Index Hits a New Record
  • Dollar Declines Following Weak Macroeconomic Data
  • Brent Crude Oil Consolidates Ahead of OPEC+ Meeting
  • How Black Friday Could Impact the Stock Market in 2024

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This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Forex Analysis

USD/JPY Chart Analysis: Bears Target the 150 Yen per Dollar Level

Thanksgiving in the U.S. might have been expected to bring calm to financial markets, but Forex trading in Asia tells a different story following the release of Japan's Consumer Price Index (CPI).

According to Forex Factory:
→ Actual = 2.2%

Shares

HP Inc. (HPQ) Shares Drop 11%

HP Inc. (HPQ) shares plummeted 11% following the release of its quarterly earnings report:

→ Earnings per share (EPS): Actual = $0.93, Expected = $0.93
→ Revenue: Actual = $14.05 billion, Expected = $13.09 billion

While HP Inc.'s reported revenue and

Cryptocurrencies

Ethereum Price Rises Above $3500

While traditional financial markets experience a lull due to Thanksgiving in the U.S., the bullish momentum in the cryptocurrency market continues to keep traders engaged.

As seen on the ETH/USD chart:
→ Ethereum's price has broken through the critical

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