EUR/USD pair declined to near 1.0520 on Tuesday as investors braced for key economic events, including the US inflation report and the ECB monetary policy meeting.ECB Expected to Cut RatesThe ECB is widely anticipated to reduce its Deposit Facility Rate by 25 basis points to 3% on Thursday. This would …

Yields on 10-year US Treasury bonds, considered a benchmark for global borrowing costs, rose to 4.241% compared to the previous day’s close of 4.203%. The yields on these government bonds had dropped to a daily low of 4.187% and reached a high of 4.249% during the trading session.The increase was …

The global financial markets are currently laser-focused on recent decisions and upcoming events that could significantly impact various asset classes. Investors are particularly attentive to the rate decision by the Reserve Bank of Australia (RBA) and the anticipated US Consumer Price Index (CPI) report.Reserve Bank of Australia (RBA) DecisionThe RBA …

As investors step into 2025, the financial landscape is poised for significant shifts across various asset classes. This overview is an attempt to delve into the expected trends for shares, cash, bonds, commodities, gold, and Bitcoin, providing a comprehensive understanding of what the new year might bring and could bring …

The USD/JPY pair defied its typical market correlation, rising in line with the U.S. dollar at the end of the first trading day of the new week. The U.S. dollar continued to benefit from geopolitical tensions in the Middle East, the implications of U.S. employment data, and the anticipation of …

The US Dollar Index (DXY) has been navigating a complex landscape, caught between the twin forces of persistent inflation and a potential economic slowdown. As the Federal Reserve (Fed) grapples with the delicate task of balancing these opposing forces, the dollar’s future trajectory remains uncertain.The recent release of November’s Consumer …

The Dow Jones Industrial Average (DJIA) commenced the new trading week on a cautious note, hovering near the 44,600 level. While China’s recent monetary policy shift initially ignited optimism, geopolitical tensions in the Middle East and South Korea, coupled with concerns about the global economic landscape, tempered investor enthusiasm. China’s …

A recent survey by the New York Federal Reserve paints a picture of a consumer landscape marked by both optimism and apprehension. While Americans are increasingly confident about their personal financial prospects, a growing concern about rising inflation casts a shadow over the economic horizon.The survey found that consumers expect …

Gold prices climbed higher on Monday, trading up some 1.33% at $2667 per ounce, driven by a combination of factors:Geopolitical Uncertainty: The ongoing instability in the Middle East, particularly following the fall of the Bashar al-Assad regime in Syria, has increased demand for safe-haven assets like gold. Central Bank Buying: …

US dollar ended last week’s trading in the uptrend with modest gains. This movement coincided with rising indices in Wall Street and other global stock markets. Markets were driven by different developments, including mixed economic data, political developments in Europe and the Middle East, and some monetary policy-related implications. Jobs …