The financial markets are bracing for a period of heightened volatility this week, with the release of the December Producer Price Index (PPI) report on Tuesday serving as the catalyst. This critical data point will provide crucial insights into the persistence of inflationary pressures and significantly influence the Federal Reserve’s …
Read More »Oil Prices Surge as U.S. Sanctions Target Russian Exports
Oil prices climbed for a third consecutive session on Monday, with Brent crude surpassing $81 a barrel to reach its highest level in over four months. The rally comes as newly imposed U.S. sanctions are expected to severely impact Russian crude exports to key buyers such as China and India. …
Read More »Weekly Recap: US Jobs data slams Wallstreet shares amid earnings anticipation
Last week was eventful, marked by a series of significant developments. These included policy directions anticipated from President-elect Donald Trump’s administration, future paths for central banks, particularly the Federal Reserve, and the impact of key US economic releases. The Eurozone has seen significant developments, particularly CPI front. Several European leaders …
Read More »Upbeat NFP Data Evidences Resilient Labour Market
The recent US nonfarm payrolls report delivered a resounding message: the American labour market remains a force to be reckoned with. December witnessed a robust 256,000 job additions, significantly surpassing expectations and solidifying the economy’s resilience. This robust growth, particularly evident in the private sector, underscores the continued strength of …
Read More »Oil Prices Climb as Winter Weather and Supply Concerns Drive Demand
Oil prices rose in early Asian trade on Friday, continuing their upward trajectory for a third consecutive week. Harsh winter conditions in parts of the United States and Europe have intensified demand for heating fuels, adding to supply concerns amid tightening sanctions and global economic shifts. Brent crude futures increased …
Read More »What Can Markets Expect from December’s US Employment Data?
US employment data significantly influences market price movements. By examining preliminary employment indicators, we can anticipate the likely outcomes of the official data release, typically on the first Friday of each month.This Friday, the highly anticipated US employment data is scheduled for release. Market expectations point towards a substantial increase …
Read More »US Market Activity Stalls Ahead of NFP ReleaseTrading volumes in the US market were subdued on Thursday, as market participants braced for the upcoming Nonfarm Payrolls (NFP) report scheduled for release on Friday, January 10th.The US Dollar Index (DXY) displayed modest gains amidst a generally tepid market environment. The observance …
Read More »Oil Prices Edge Higher Amid Firm Winter Demand Expectations and Supply Concerns
Oil prices rose slightly on Thursday, with Brent crude and West Texas Intermediate (WTI) gaining 0.5% and 0.4%, respectively, as traders balanced strong winter demand expectations against rising U.S. fuel inventories and macroeconomic uncertainties. Key Market Drivers Demand Expectations and Supply Concerns Brent crude futures increased by 35 cents to …
Read More »UK Retailers Face Sector-wide Selloff Amid Consumer Confidence Worries
Shares in leading UK retailers fell sharply on Thursday, erasing £2 billion ($2.45 billion) in market value, as concerns about weakening consumer confidence and mounting economic pressures overshadowed strong Christmas trading results. Key Highlights Pressure on Consumer Sentiment Retailers are bracing for higher employer taxes and minimum wage increases starting …
Read More »Global Forex Update: Dollar Steadies Amid Fed Optimism, Euro and Yuan Under Pressure
The U.S. dollar held firm on Thursday, bolstered by hawkish Federal Reserve minutes and strong economic data that fueled expectations of a slower pace of rate cuts in 2025. Global currencies, however, faced mixed fortunes due to varying economic and policy dynamics. Key Highlights Dollar Holds Ground Amid Strong Yields …
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