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Breaking News
  • China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
  • Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
  • Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
  • European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
  • Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data

Oil Continues to Struggle for Direction

M. Ali Commodities, Market Update

Oil prices closed lower on Wednesday after data showed a decline in the US crude inventories, which came below market expectations. Brent crude futures for October delivery declined by 9 cents, or 0.2%, and settled at $45.37 per barrel. Meanwhile, the West Texas Intermediate (WTI) futures for September delivery rose …

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Gold Settles Lower as USD Strengthens

M. Ali Commodities, Market Update

Gold prices declined on Wednesday and settled lower after two consecutive rises due to the US Dollar recovering from some of its recent losses against major currencies, supported by the release of the Federal Reserve latest meeting minutes. Gold futures for December delivery closed lower by $42.80, or 2.1%, at …

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London to Remain Europe’s Financial Center Despite Brexit

M. Ali Market Update

Despite the Brexit, London is expected to maintain a big role in the European financial market, Reuters reported. It was expected that many company will leave the UK capital, thus, affecting the place of London as a global financial hub. However, it now seems that Frankfurt will not be making …

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US Crude Inventories Falls by 1.6 M Barrels in Week

M. Ali Commodities, Market Update

Crude oil inventories in the United States decreased last week, according to data by the U.S. Energy Information Administration (EIA) on Wednesday. A decline of 1.6 million barrels was seen in oil stockpiles last week to a total of 512.5 million barrels. Although the decline was less than expected, it …

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Banks Lead Gains in European Stock Markets

M. Ali Global Stock Market, Market Update

European Stocks closed higher on Wednesday, as banking shares achieved high gains, boosted by some positive earnings reports and the record-breaking rises in Wall Street. Stoxx Europe 600 added 0.60%, while FTSE100 rose by 0.58%. CAC40 settled higher by 0.79%, and DAX finished on a 0.74% increase.

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Fed: COVID Will Weigh Heavily on Economic Activity

M. Ali Economic Report, Forex Market, Market Update

The Board of Governors of the US Federal Reserve has unanimously voted to maintain interest rates during the Federal Open Market Committee (FOMC) meeting on July 29. The meeting also authorized the Fed to undertake open market operations as necessary to maintain the federal funds rate in a target range …

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Dollar Rises Ahead of FOMC Meeting Minutes

M. Ali Forex Market, Market Update

The US Dollar (USD) is reversing its recent losses and showing a positive performance on Wednesday, ahead of the release of the Federal Reserve meeting minutes later today. The Dollar index (DXY), which measures the USD performance against a basket of six major currencies, is up by around 0.50% at …

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Canada’s Wholesale Sales Expand in June

M. Ali Breaking News, Forex Market, Market Update

Wholesale sales in Canada increased on a monthly basis during June, beating market expectations and restoring its level prior to the COVID-19 crisis. Seasonally adjusted data showed on Wednesday that Canadian wholesale sales grew by 18.5% in June, according to Statistics Canada. On an annual basis, wholesale transactions decreased by …

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Canada’s CPI Rises 0.1% in July

M. Ali Breaking News, Market Update

The Consumer Price Index (CPI) in Canada slowed during July, rising by 0.1% on an annual basis, data showed on Wednesday. The lower gasoline and air travel prices helped reduce the inflation rate last month. The inflation rate remains well below the central bank’s target.

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OPEC+ JMMC Meeting is Scheduled Today, WTI Waiting for Data

Adel Market Update

OPEC

Today, Joint Ministerial Monitoring Committee (JMMC) meeting will likely be all about reviewing the bloc’s commitment to oil production curbs and assessing the compliance over the past two months. According to Reuters, July’s compliance of OPEC+ with oil output cuts was expected to reach 97%, down from 107% in June. …

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  • China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals

    10 June, 2025 6:48 pm
  • Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit

    10 June, 2025 3:38 pm
  • Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions

    10 June, 2025 2:09 pm
  • European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks

    10 June, 2025 12:43 pm
  • Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data

    10 June, 2025 11:36 am
  • China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals

    10 June, 2025 6:48 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
  • Eurozone PMI Manufacturing Finalized at 47.4

    1 July, 2020 2:13 pm
  • IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020

    1 July, 2020 2:39 pm
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Timeline

  • 10 June, 2025 6:48 pm

    China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals

  • 10 June, 2025 3:38 pm

    Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit

  • 10 June, 2025 2:09 pm

    Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions

  • 10 June, 2025 12:43 pm

    European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks

  • 10 June, 2025 11:36 am

    Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data

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Latest articles

  • China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals

    10 June, 2025 6:48 pm
  • Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit

    10 June, 2025 3:38 pm
  • Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions

    10 June, 2025 2:09 pm
  • European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks

    10 June, 2025 12:43 pm

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