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Breaking News
  • Why the Yen’s Losing Streak Persists Despite Hot Inflation
  • Gold Prices Pull Back Amid Geopolitical and Economic Crosswinds
  • Bitcoin and Broader Crypto Markets Struggle Amid Geopolitical Uncertainty and Hawkish Fed
  • European Stocks Rebound as U.S. Postpones Iran Decision, Central Banks Signal Dovish Stance
  • U.K. Retail Sales Slump in May Amid Declining Food Store Sales

Nasdaq Futures Slightly Lower Ahead Of Big Tech Earnings

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Global Stock Market, Market Update

Nasdaq 100 futures fell slightly Monday evening after stocks bounced in the afternoon and ahead of Big Tech earnings. Futures tied to the tech focused index fell 0.1%. Dow Jones Industrial Average futures and S&P 500 futures were little changed.In regular trading Monday, the Nasdaq Composite jumped 1.3%. The Dow …

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US trucking downturn foreshadows possible economic gloom

Mohamed Abdelhamid Market Update

There has been an unexpectedly sharp downturn in demand to truck everything from food to furniture since the beginning of March and rates in the overheated segment that deals in on-demand trucking jobs – known as the spot market – are skidding.It basically just dropped off a cliff. A lot …

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Panetta: ECB needs ‘coordinated regulatory action’ on crypto

Mohamed Abdelhamid Cryptocurrency, Market Update

European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks.In a written statement for a speech to Columbia University on Monday, Panetta said global policymakers had made some progress in addressing regulatory frameworks on digital assets, but …

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Yen rules amid week’s start risk-off

Mohamed Abdelhamid Forex Market, Market Update

Though US equities were able to stage an impressive recovery in the latter hours of US trade, the dominant force in currency markets on Monday remained risk-off flows, with traders citing China lockdown concerns as the major driver.Amid a sharp pullback in global bond yields as traders reassessed global growth …

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Class 8 natural gas retail sales gain momentum

Mohamed Abdelhamid Commodities, Market Update

Although natural gas heavy truck sales are up 21% year-to-date, there is a continued decline of total natural gas fueling stations. For the first two months of 2022, US and Canadian Class 8 natural gas truck retail sales rose 21% year-to-date against comparisons of the same time in 2021, according …

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GBP/JPY pullback extends amid risk-off on week’s start

Mohamed Abdelhamid Forex Market, Market Update

The GBP/JPY pair was last trading lower by 1.1%, after extending on last Friday’s slightly larger loss to fall back to near the 163.00 level for the first time in nearly two weeks and, in doing so, drop below its 21-Day Moving Average (currently at 163.18) for the first time …

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Macklem Expects BoC Next Interest Hike In June

Mohamed Abdelhamid Forex Market, Market Update

The governor of the Bank of Canada is signalling Canada’s key interest rate could go up another half percentage point in June to help fight inflation and keep it under control. Two weeks ago the central bank raised its key interest rate a half point to one per cent and …

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Oil Retreats 6% as Shanghai lockdowns fuel demand fears

Mohamed Abdelhamid Commodities, Forex Market, Market Update

Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in U.S. interest rates.In Shanghai, authorities have erected fences outside residential buildings. In Beijing, many people have begun stockpiling …

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U.S. Economic Growth Slowed Further in March — Chicago Fed

Mohamed Abdelhamid Market Update

The US economy expanded in March, but growth softened compared with the previous month, data from the Federal Reserve Bank of Chicago showed Monday.The Chicago Fed National Activity Index decreased to 0.44 in March from a revised 0.54 in February. The reading is above the 0.40 consensus forecast from economists. …

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U.S. dollar touches 2-year highs as risk appetite crumbles; yuan drops

Mohamed Abdelhamid Forex Market, Market Update

The U.S. dollar marched to a two-year high on Monday as a wave of risk aversion swept global markets, while the Chinese yuan was set for its biggest three-day losing streak in nearly four years on growing worries of an economic slowdown in China.China’s yuan fell to a one-year low. …

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  • Why the Yen’s Losing Streak Persists Despite Hot Inflation

    20 June, 2025 8:31 pm
  • Gold Prices Pull Back Amid Geopolitical and Economic Crosswinds

    20 June, 2025 7:12 pm
  • Bitcoin and Broader Crypto Markets Struggle Amid Geopolitical Uncertainty and Hawkish Fed

    20 June, 2025 1:42 pm
  • European Stocks Rebound as U.S. Postpones Iran Decision, Central Banks Signal Dovish Stance

    20 June, 2025 12:27 pm
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    U.K. Retail Sales Slump in May Amid Declining Food Store Sales

    20 June, 2025 11:32 am
  • Why the Yen’s Losing Streak Persists Despite Hot Inflation

    20 June, 2025 8:31 pm
  • China’s Foreign Ministry: Foreign Countries Should Stop Interfering in Hong Kong’s Domestic Affairs

    1 July, 2020 1:37 pm
  • UK Manufacturing Activity Picked Up in June

    1 July, 2020 1:54 pm
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    1 July, 2020 2:39 pm
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Timeline

  • 20 June, 2025 8:31 pm

    Why the Yen’s Losing Streak Persists Despite Hot Inflation

  • 20 June, 2025 7:12 pm

    Gold Prices Pull Back Amid Geopolitical and Economic Crosswinds

  • 20 June, 2025 1:42 pm

    Bitcoin and Broader Crypto Markets Struggle Amid Geopolitical Uncertainty and Hawkish Fed

  • 20 June, 2025 12:27 pm

    European Stocks Rebound as U.S. Postpones Iran Decision, Central Banks Signal Dovish Stance

  • 20 June, 2025 11:32 am

    U.K. Retail Sales Slump in May Amid Declining Food Store Sales

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  • Why the Yen’s Losing Streak Persists Despite Hot Inflation

    20 June, 2025 8:31 pm
  • Gold Prices Pull Back Amid Geopolitical and Economic Crosswinds

    20 June, 2025 7:12 pm
  • Bitcoin and Broader Crypto Markets Struggle Amid Geopolitical Uncertainty and Hawkish Fed

    20 June, 2025 1:42 pm
  • European Stocks Rebound as U.S. Postpones Iran Decision, Central Banks Signal Dovish Stance

    20 June, 2025 12:27 pm

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