Global inflation-linked concerns, lest it should return to the previous highs, continue to reveal themselves in the context of the precautionary rhetoric adopted by major central banks worldwide. In practice, monetary policymakers have announced, through formal decisions, their intention to keep interest rates “higher for longer”, an important tool, until …
Read More »Weekly Recap: Surprising US Data Strengthens Case for Delaying Interest Rate Cuts
Last week, the market’s attention was squarely fixed on a slew of US economic indicators, aimed at deciphering clues regarding future interest rate trajectories and the Federal Reserve’s timeline for ending its monetary tightening stance and initiating quantitative easing. However, the latest US data, particularly the Consumer Price Index, US …
Read More »Financial Markets’ Weekly Recap: Gold gets brighter at historical levels as markets await key data
Last week witnessed several important events and movements in terms of their impact on overall trading transactions. The week closed with a sharp decline in the US dollar in addition to weak performance of risk-linked assets amid mixed risk appetite due to the growing importance of the statements and data …
Read More »Noor Capital | Interview with Mohammad Hashad on Dubai TV – March 4, 2024
Mohammed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented on the key developments across financial markets and the performance of the most important assets, in an interview on Dubai TV. Asked about cryptocurrencies, in light of Bitcoin’s recent surge …
Read More »Weekly Recap: US inflation dominates the market
Last week, the financial markets were shaped by significant data releases across several major economies, notably the United States and the eurozone. In the eurozone, data published by the European Statistics Office (Eurostat) on Friday indicated that the region’s annual harmonized consumer price index (HICP) rose by 2.6% in February, …
Read More »Financial Markets Recap: Gold, stocks take the lead as Fed awaits US inflation data
Last week’s trading closed with risk-linked assets overperforming safe haven assets, leading to a weekly loss in the US dollar versus gains for gold as well as US stocks over the week, as most risk assets kept surging. An interesting competition was strong between the minutes ff the Fed’s last …
Read More »Noor Capital | Interview with Mohammad Hashad on Dubai TV – February 19, 2024
Mohammed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented on the key developments across financial markets and the performance of the most important assets, in an interview on Dubai TV. Asked about the reasons why US stocks have recently …
Read More »Weekly Financial Recap: US Data Dominates Market Sentiment
In the pulse of the financial world, the spotlight of the past week fell squarely on key US economic indicators, particularly inflation data, igniting a flurry of activity and recalibration across markets. Inflation Insights Headline US inflation for January came in at 3.1%, a modest improvement that fell slightly short …
Read More »Weekly Recap: Markets bracketed by Powell’s interview, revised US inflation
Due to the parity of factors that affected the trading environment over the preceding period, the price movement of practically all traded assets closed last week’s trading on the global financial markets with a moderate change.These factors started with investors’ focus on the statements and comments by Federal Reserve Chair, …
Read More »The Global Financial Pulse – Weekly Recap
The past week proved to be a rollercoaster for global financial markets, dominated by pivotal events that shaped the economic landscape. From the Evergrande saga to pivotal interest rate decisions and robust US job data, here’s a comprehensive breakdown of the week that was. American Interest – The Fed’s Pause …
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