The stock market closed with mixed results, yet the S&P 500 and Nasdaq Composite both hit new record closing highs. This seemingly contradictory performance highlights a market pulled in two different directions: the broader enthusiasm for artificial intelligence and a significant, fundamental shift in economic data. Despite a drag from …
Read More »Market Drivers – US Session: After PPI Reading, US CPI Takes Center Stage, ECB “On Hold”
US Producer Price Index (PPI) inflation came in below expectations, bolstering bets of interest rate cuts from the Federal Reserve (Fed) next week. The US Dollar (USD) is on the back foot, weakened by mounting market expectations that the Federal Reserve will cut interest rates again next week. This sentiment …
Read More »Bearish EIA Surge Ignored: Can Global Tensions Propel Oil Prices Higher?
The price of West Texas Intermediate (WTI) crude oil is on the rise, extending its winning streak despite recent data that should have sent prices tumbling. The latest US Energy Information Administration (EIA) report showed an unexpected surge in crude stocks, a clear sign that supply is outpacing demand. Yet, …
Read More »ECB’s Rate Decision Preview: Will Rates Hold Steady as the Euro Eyes a Rally?
On Thursday, September 11, 2025, the European Central Bank (ECB) will unveil its latest monetary policy decision, capturing the attention of global markets. Expectations are high that the ECB will keep its key deposit rate steady at 2%, marking a second consecutive pause in rate cuts. This stance is driven …
Read More »Beyond the Dollar: Why the Swiss Franc is Gaining Ground
The Swiss franc is making a quiet but significant move against the US dollar. While the dollar is faltering due to soft US inflation data, the franc is showing surprising resilience. This dynamic highlights a critical point of divergence between the two currencies, as each is driven by its own …
Read More »Can the British Pound Break Free of Its Economic Shackles?
The British pound has been trading sideways, seemingly unable to gain significant ground against the US dollar. Despite a recent slip in US inflation data that has weakened the dollar and fueled speculation of a Federal Reserve rate cut, the pound remains capped. This lack of upward momentum highlights a …
Read More »U.S. Markets Steady Ahead of Inflation Data; Oil Gains on Rising Geopolitical Risks
U.S. Stock Futures Mixed as Investors Await Key Inflation Reports U.S. stock index futures traded in mixed territory on Wednesday, stabilizing near record highs as markets digested the latest batch of corporate earnings and looked ahead to critical inflation data later in the week. At 06:00 ET (10:00 GMT), Dow …
Read More »Bitcoin Holds in Tight Range Ahead of Key U.S. Inflation Data
Bitcoin slips as traders await Fed cuesBitcoin prices edged lower on Wednesday, with the cryptocurrency locked in a narrow trading band as investors weighed the outlook for U.S. interest rates ahead of crucial inflation readings. As of 02:04 ET (06:04 GMT), Bitcoin (BTC) fell 1.3% to $111,576.5, extending a period …
Read More »Gold Holds Near Record Highs as Fed Cut Bets Strengthen
Gold steadies just below peakGold prices held close to record highs in Asian trading on Wednesday, as firm expectations of a Federal Reserve interest rate cut next week buoyed demand for the precious metal. At 02:17 ET (06:17 GMT), spot gold rose 0.5% to $3,646.14/oz, after touching an all-time peak …
Read More »Dollar Holds Steady as Traders Brace for U.S. Inflation Data and Fed Decision
Markets Await Inflation Data for Rate Cut CluesThe U.S. dollar traded largely steady on Wednesday as investors awaited a string of inflation reports that could determine the size of the Federal Reserve’s expected interest rate cut at its September 16–17 meeting. Following last week’s weak nonfarm payrolls report, markets are …
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