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Mohamed Abdelhamid

Dollar Retreats Despite Price Pressures and Labour Market Conditions

The US dollar’s recent performance presents a puzzle. Despite robust Producer Price Index (PPI) data and a resilient labour market, the dollar has weakened, underscoring the powerful influence of geopolitical events and shifting market sentiment. This dynamic suggests that traditional economic indicators may, at times, take a backseat to broader …

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Market Drivers; US Session: Sticky Inflation and Trade War Concerns In Focus

The signing of a reciprocal tariff order has injected further uncertainty into global trade. The potential for escalating trade tensions increases investor nervousness, prompting a flight to safe-haven assets. Gold prices have surged, approaching record highs, driven by a confluence of factors including US dollar weakness, trade anxieties, and robust …

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Economic Data Matters: Fed’s Hawkish Stance Poised To Remain In Place Till September 2025

Federal Reserve Chair Jerome Powell stated that President Trump’s calls for lower interest rates won’t change the central bank’s rate decisions. Powell stated that the Fed will continue to make decisions based on the economy’s situation, despite Trump’s social media comments suggesting lower interest rates. The Fed has cut its …

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Tesla Is Out: Gears Shifted on Armoured Vehicle Contract Amid US Scrutiny

The State Department’s planned $400 million purchase of “Armoured Teslas” has hit a roadblock. A 2025 procurement forecast, initially listing the purchase, was recently updated to remove Tesla’s name and instead specify “Armoured Electric Vehicles.” This change follows reports of potential conflict of interest due to Elon Musk’s prominent role …

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Is Bitcoin’s Rebound A Sign of Shifting Tides?

Bitcoin’s recent price action has sparked considerable interest, particularly its swift recovery after an initial dip triggered by unexpectedly high U.S. inflation data. This rebound, coupled with other market dynamics, raises questions about the forces currently shaping the cryptocurrency landscape.Inflation’s Impact and the Fed’s HawkishnessThe release of stronger-than-anticipated Consumer Price …

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Gold’s Wild Week: XAU/USD recovers 0.20% after diving on hot CPI report

Gold prices recovered 0.20% and are trading at $2,902 per ounce after having experienced a tumultuous week, swinging from record highs to significant losses. The precious metal’s roller-coaster ride reflects the complex interplay of economic data, Federal Reserve policy, and geopolitical risks. Gold Prices Chart – Source: TradingView Stronger-than-expected US …

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Wall Street’s Latest Earnings Season: A Story of Two Realities

US companies have delivered a robust earnings season, exceeding expectations and demonstrating significant growth. However, this positive performance has been overshadowed by broader economic concerns, leaving investors hesitant and stock prices subdued. This disconnect between strong earnings and market reaction reveals a complex interplay of factors influencing investor sentiment.Strong Earnings, …

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