On Monday, July 21, 2025, global markets reeled as President Donald Trump, labeling Federal Reserve Chair Jerome Powell “a failure,” fueled a criminal referral by Congresswoman Anna Paulina Luna, accusing Powell of perjury over a $2.5 billion Fed renovation. The U.S. Dollar Index (DXY) fell 0.67% to 97.806 from 98.462, …
Read More »Tech Stocks Climb as Tariff Concerns Ease and Further Earnings Loom
U.S. stock indices advanced, with the S&P 500 up 0.56% to 6,331.81, the Nasdaq Composite gaining 0.62% to 20,885.65, and the Dow Jones Industrial Average rising 0.53% to 44,484.49, driven by optimism in Big Tech and easing tariff concerns. Alphabet jumped 2.21% to $190.04, while Tesla dipped 0.16% to $329.11 …
Read More »Gold and Silver Rally as Dollar Index and Yields Retreat
Gold climbed to $3,397.10, up 1.40% from $3,350.10, and silver (XAG/USD) rose 2.02% to $38.94, driven by a declining U.S. Dollar Index (DXY) and falling US Treasury yields. The DXY, at 97.806, fell 0.67% from 98.462, reflecting trade uncertainties, while 10-year Treasury yields dropped to 4.65%, boosting the appeal of …
Read More »Euro Slides Against Yen as Trade Risks and ECB Caution Dominate
The Euro weakened against the Japanese Yen, with the EUR/JPY pair trading just above 172.00, down from its multi-year high of 173.25. Escalating EU-U.S. trade tensions, led by U.S. Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, alongside Japan’s post-election stability under Prime Minister Shigeru Ishiba, are driving market …
Read More »U.S. Stock Futures Climb Ahead of Key Earnings Reports Despite Tariff Concerns
Investors Await Major Q2 Earnings, Focus on Tech Titans U.S. stock index futures edged higher on Monday as investors braced for a week filled with key second-quarter earnings reports from some of Wall Street’s biggest firms. As the earnings season heats up, the futures market showed optimism, with major indices …
Read More »European Shares See Mixed Performance Amid Trade Talks and Corporate Earnings
European Markets Hold Steady as Investors Await U.S.-EU Trade Deal Clarity European stock markets were largely flat on Monday as investors digested a mix of corporate earnings while awaiting further clarity on the ongoing trade negotiations between the United States and the European Union. The STOXX 600, a broad measure …
Read More »Bitcoin and Altcoins See Gains Amid U.S. Crypto Legislation Momentum
Bitcoin Edges Higher, Cautious Sentiment Prevails Bitcoin saw a modest rise on Monday, trading at $119,001.6, up by 0.6%, as the cryptocurrency market continued to consolidate near the $120,000 mark after last week’s surge to record highs above $123,000. Despite the recent upward movement, investor sentiment remained cautious due to …
Read More »Oil Prices Remain Steady as Traders Weigh European Sanctions, Tariffs, and Rising Output
Oil prices were largely unchanged on Monday as traders assessed the ongoing impact of new European sanctions on Russian oil supplies while also weighing concerns over potential tariffs that could weaken fuel demand. Meanwhile, oil production levels from Middle Eastern producers have been increasing, adding to market complexity. As of …
Read More »Gold Prices Edge Higher Amid U.S. Tariff Uncertainty and Global Political Concerns
Gold prices saw a slight increase on Monday, supported by persistent haven demand as uncertainty over upcoming U.S. trade tariffs and political developments in Japan added pressure to markets. The results of Japan’s upper house elections held over the weekend showed the ruling Liberal Democratic Party (LDP) losing its majority, …
Read More »Weekly market wrap: dollar is a gainer with new records for bitcoin
The U.S. dollar posted weekly gains after prevailing over a range of competing market forces throughout the past week. President Donald Trump last week threatened to impose a 30% tariff on the European Union and Mexico, effective August 1st. Market turbulence—sparked by President Trump’s remarks and trade policy actions—persisted throughout …
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