Nasdaq

U.S. stocks are heading for a modestly strong start to December after posting solid gains in the previous month. The mood is cautiously upbeat as traders return from the extended Thanksgiving weekend break, despite more trade tariifs threats from Trump over the weekend. This week is a busy week for economic data, with Friday's NFP a kay focus ahead of the December Fed meeting.

Despite the current gains, a correction may be necessary before the market can sustain a significant upward trajectory, but so far, the technical Nasdaq 100 analysis is still bullish and we haven’t seen a reversal stick.

EURUSD, Nasdaq Forecast: Eurozone inflation data is in focus as EURUSD hovers near two-year lows. Meanwhile, irregular market volatility surrounding Thanksgiving, Christmas, and New Year is poised to dominate headlines, alongside key US economic data and Federal Reserve rate expectations in early December.

EURUSD and Nasdaq Outlook: As the DXY edges closer to breaking 2023 highs, bearish risks loom large for EURUSD. Meanwhile, NVDIA earnings are boosting long-term bullish potential for the Nasdaq following the Trump rally.

U.S. stocks are set to open modestly higher after another record quarter for Nvidia as jobless claims fall and geopolitical tensions mount. Nvidia beat estimates for the top and bottom lines in another impressive showing. However, gains are limited owing to disappointment surrounding the revenue growth forecast, which is set to be the slowest in seven quarters. Meanwhile, jobless claims fell to 213k from 217k, and the Russian-Ukrainian conflict ramps up.

US stock indices are edging cautiously higher amid a quiet economic calendar and with attention on corporate earnings. Nvidia is set to report earnings after the close as the share price trades 200% higher YTD and will act as guidance over the health of the AI trade. Geopolitical tensions have calmed and Fed speakers could offer more clues on the Fed's path for rates.

GBPUSD, Nasdaq Forecast: Following the DXY’s pullback from the 107-mark, the GBPUSD held its ground, hinting at a potential bullish rebound. Meanwhile, Nasdaq entered a pullback mode to recharge from the Trump rally effect, signaling a possible recovery phase.

NVDA has “beat” analyst estimates for earnings in seven of the last eight quarters by an overall average of 15%, rising an average of more than 9% in response to those results - what should we expect this time?

U.S. stocks are pointing to a mixed start Monday after losses in the previous week and as investors brace themselves for earnings from AI giant Nvidia on Wednesday and plenty of Fed speakers across the week. Last week, US stocks fell sharply after Fed Chair Powell warned that the Fed was in no rush to cut rates. Tesla drives higher, adding to last week's gains on optimism surrounding self-driving under Trump.

Wall Street indices displayed their first signs of doubt following Trump’s election victory last week, with the Dow leading losses on Tuesday. Weak sentiment from China has also weighed on ASX futures overnight.

U.S. stocks are set to open higher, extending gains from last week. Trump's victory continues to boost the market as investors await the next round of economic data, which could decide whether the rally can continue. US inflation data is due later in the week. Tesla and Bitcoin-related stocks are outperforming as the Trump trade shows few signs of slowing.