The trading week ending July 29 was marked by significant market-moving events, most notably the Federal Reserve meeting, labor market and inflation data, U.S. economic growth figures, and developments in the Trump administration’s trade policy. The Federal Reserve opted to keep interest rates unchanged last Wednesday, while signaling a continued …

Wall Street closed the week on a sour note, with U.S. stocks sliding sharply on Friday, August 1, 2025, as a combination of dismal employment figures and President Donald Trump’s sweeping new tariffs crushed investor confidence. The confluence of these negative catalysts dampened risk appetite, sending major indices into a …

The USD/JPY pair took a sharp nosedive on Friday, August 1, 2025, tumbling more than 2% from a high of 150.91 to a low of 147.28. Triggered by a disappointing US employment report, the slide saw the pair slip below critical technical levels, fueling a surge in safe-haven demand for …

West Texas Intermediate (WTI) Crude Oil experienced a sharp 3.03% drop on Thursday, August 1, 2025, closing at $67.25 per barrel, down from its previous close of $69.35. This decline erased much of the week’s earlier gains, though WTI remains up approximately 2.25% week-to-date. The sell-off, which saw prices dip …

The EUR/USD pair staged a dramatic rally on Friday, August 1, 2025, surging over 1% from a low of 1.1391 to a high of 1.1554. This sharp climb was fueled by a dismal US jobs report that sent shockwaves through financial markets, prompting investors to ramp up bets on aggressive …

Energy titans ExxonMobil and Chevron reported significant profit declines for the second quarter, driven by a sharp drop in crude oil prices. ExxonMobil’s net income fell 23% year-over-year to $7.08 billion, while Chevron’s profits plummeted 44% to $2.49 billion. The slump in oil prices, which dipped below $60 per barrel, …

In a bold move that has sent ripples through global markets, U.S. President Donald Trump has imposed hefty tariffs on 69 trading partners, effective August 1, 2025, after they failed to meet his deadline for submitting trade deal proposals. The tariffs, ranging from 10% to 41%, mark the culmination of …

On Friday, August 1, 2025, the USD/JPY currency pair fell below the key 150.00 level after a weaker-than-anticipated US July labor report. The pair had briefly surpassed 150.00 earlier in the day, a threshold not crossed since early April, driven by divergent signals from the Federal Reserve (Fed) and the …

Gold prices are clinging to the $3,300 mark as investors brace for the highly anticipated US Nonfarm Payrolls (NFP) report, set to release on Friday at 12:30 GMT. The precious metal, XAU/USD, remains under pressure from a robust US Dollar, which has gained momentum following the Federal Reserve’s hawkish decision …

The EUR/GBP currency pair staged a dramatic rally on Friday, surging 100 pips from its weekly low of 0.8611 to reach 0.8711. This sharp upswing was driven by a dismal US jobs report and mounting concerns about the UK economy, as investors brace for the Bank of England’s (BoE) upcoming …