US consumer confidence plummeted in February, with the Conference Board’s Consumer Confidence Index falling to 98.3 from 105.3, the lowest point since June 2024. This sharp decline reflects weakening views on current business and job market conditions. The Present Situation Index dropped 3.4 points to 136.5, while the Expectations Index, …

The USD/JPY pair fell to near 149.30 on Tuesday, reversing earlier gains that saw it briefly surpass the 150.00 level. This decline was driven by a weakening US Dollar, which suffered due to a sharp drop in US Treasury yields. The 10-year US Treasury yield fell 1.7% to around 4.32% …

Oil Prices Rise on New Sanctions Against Iran and Iraq’s OPEC+ CommitmentOil prices saw an upward movement on Monday due to newly imposed U.S. sanctions on Iran and Iraq’s renewed commitment to the OPEC+ agreement. These factors have raised concerns about near-term supply tightness, helping the market recover from Friday’s …

US President Donald Trump addressed the media on Monday with remarks about the ongoing peacemaking efforts between Ukraine and Russia. With Russia’s military operation in Ukraine stretching over a thousand days, despite initial expectations of a swift conquest, President Trump, who has been seeking to strengthen ties with Russian President …

Dollar Fights Back: Key Data, Fed Speeches on Tap This WeekThe US Dollar began the week on the defensive, hitting multi-week lows, but managed a rebound amidst a confluence of factors including tariff concerns, lower yields, and renewed worries about the US economy’s health. The US Dollar Index (DXY) fell …

The US Dollar (USD) has rebounded after an initial dip, stabilizing around 106.50 on the US Dollar Index (DXY), which measures the USD against six major currencies. Early losses, triggered by positive German election results for the Christian Democratic Union (CDU), quickly subsided as the outcome eased market anxieties about …

The Dow Jones Industrial Average (DJIA) rebounded on Monday, rising over 300 points from its low point, attempting to recover from last week’s losses triggered by disappointing consumer confidence data. While the market opened the week with a positive bias, gains were modest due to lingering concerns.Following concerning consumer sentiment …

The Pound Sterling (GBP) has advanced against other currencies as investors anticipate a more measured approach to monetary easing from the Bank of England (BoE). Strong UK retail sales, higher-than-expected January inflation (CPI) data, and robust wage growth in the three months to December have led traders to reduce their …

Gold markets continue to exhibit strong bullish momentum, currently testing all-time highs. Despite a minor initial pullback on Monday, the market quickly rebounded, signaling underlying strength and positive sentiment. This price action reinforces the prevailing bullish outlook for gold.A breakout to the upside appears increasingly likely. Should this occur, there’s …

A complex interplay of economic data, geopolitical developments, and central bank pronouncements prevailed, resulting in shifts across various asset classes. From fluctuating Treasury yields and evolving sector leadership to the resurgence of European equities, the steady ascend of gold prices, and fresh sanctions impacting commodities, investors navigated a landscape rife …