The dollar rose to a one-week high on Tuesday, August 16, after weak data on the global economy, particularly in China, raised fears of a recession and cast a shadow over currencies such as the Australian dollar. The dollar index, which measures the greenback’s performance against a basket of currencies, …
Read More »Dollar Arrests 4-Day Slide as Markets Freeze Ahead of Warsh’s Fed Debut: Iran Deal Shifts Focus to Central Bank Trajectories
Key Takeaways Dollar stabilizes: The DXY traded largely flat at 99.55 — near a 10-day low — ending i…
UK Inflation Holds at 2.8% in May, Beating Forecasts: Iran Peace Deal Sparks Hopes of Peak Passing as BoE Holds Tomorrow
Key Takeaways CPI steady at 2.8%: UK inflation was unchanged from April’s 13-month low — well …
Gold Pauses After Four-Day Rally as Fed Decision Looms: World Gold Council Survey Shows Central Banks Buying More
Key Takeaways Gold steadies: Spot gold edged down 0.1% to $4,327.56 per ounce, while gold futures ti…
Oil Falls for Fifth Straight Session to March Lows: Iran Deal Supply Wave Looms as API Flags Massive 8.3M Barrel Draw
Key Takeaways Five-day losing streak: Brent fell 0.9% to $78.23 per barrel, while WTI slipped 1.2% t…
Euro Holds Firm Despite Headwinds as Strong German Data Limits Losses
The euro remained resilient against the U.S. dollar on Tuesday, supported by encouraging economic da…
Pound Sterling Gains Ground Against U.S. Dollar as Risk Appetite Improves
The British pound strengthened against the U.S. dollar on Tuesday as improving investor sentiment re…
Fed Set to Hold Rates, but Warsh Holds the Spotlight As Wall Street Awaits What’s Beyond Interest Rates
The Federal Reserve’s June meeting is shaping up to be one of the most closely watched policy …
PayPal Enters Oversold Territory, but Is It a Genuine Buying Opportunity?
Amid continued volatility across the fintech sector in 2026, PayPal (PYPL) has emerged as one of the…
What Trump Heard from Carney About Chinese EVs—and Why It Matters
A seemingly casual exchange between the Canadian prime minister and U.S. President Donald Trump has …
Resilient but Not Relaxed: Europe Faces Its Next Economic Test
Europe’s growth holds firm as inflation risks refuse to fade. As geopolitical tensions show signs of…
Market Analysis
August, 2022
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16 August 2022 4:07 pm
Gazprom’s gas exports to the CIS fell by 36% from January to August
Russia’s Gazprom announced Tuesday, August 16, that natural gas exports to the Soviet Union amounted to 78.5 billion cubic meters between January 1 and August 15, down 36% year-on-year. It was 13% viewership over the previous year.
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16 August 2022 2:45 pm
German ZEW Economic Sentiment Index declines to -55.3 in August
The Economic Sentiment Index component of the ZEW Survey for Germany declined to -55.3 in August from -53.8 in July. This reading came in worse than the market expectation of -53.8. Furthermore, the Current Situation Index declined to -47.6 from -45.8. Finally, the Economic Sentiment Index for the eurozone slumped …
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16 August 2022 1:33 pm
Gold prices stabilize as US Treasury yields fall due to the dollar’s rise
Gold prices stabilized on Tuesday, as a stronger dollar and fears that the Federal Reserve would raise interest rates again put pressure on US bond yields. And gold settled in spot transactions at $ 1779.39 an ounce, and US gold futures fell 0.1 percent to $ 1795.70. The US 10-year …
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16 August 2022 12:45 pm
The Nikkei index closes stable amid economic concerns
Japan’s Nikkei closed little changed on Tuesday; energy-related stocks and shipping companies were the biggest losers, while sentiment was lowered by concerns about slowing US and Chinese economies. The Nikkei index closed down 0.01 percent at 28,868.91, ending two days of gains that brought it to its highest level in …
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16 August 2022 12:15 pm
Oil extends losses as demand outlook continues to weaken
Oil prices fell on Tuesday after disappointing economic data from China, the largest crude buyer, revived fears of a global recession. Brent crude futures fell 73 cents, or 0.8 percent, to $ 94.37 a barrel by 0313 GMT. US West Texas Intermediate crude futures fell 44 cents, or 0.5 percent, …
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16 August 2022 3:10 am
Market Drivers – US Session – Monday, August 15
The EU is working on a final draft concerning the nuclear deal with Iran as Tehran asks for further flexibility on the part of the United States. Iran is expected to provide an answer by the end of the day. The EU wants to bring back Tehran’s nuclear deal amid …
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16 August 2022 3:02 am
Inflation expectations retreat ahead of FOMC Minutes
Wednesday’s FOMC Minutes will be crucial for near-term directions amid uncertainty over the policymakers’ bias after the latest inflation readings and the size of the next rate hike. To sum up; Wednesday is all about the July FOMC minutes and while the minutes are some weeks old, no one is …
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16 August 2022 1:32 am
Responding to EU nuclear draft, Iran seeks US flexibility
Iran responded to the European Union’s “final” draft text to save a 2015 nuclear deal on Monday, an EU official said, as the Iranian foreign minister called on the United States to show flexibility to resolve three remaining issues.While Washington has said, per Reuters, it is ready to quickly seal …
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16 August 2022 12:47 am
What Could Chinese Dull Economic Data Mean For Commodities?
Commodities traders are sitting on edge of their seats following the latest batch of Chinese economic data. Almost all commodity-related assets have been impacted. For example; oil prices plummeted by nearly 5% in early trading on Monday.In commodities, WTI drifts 3.5% lower to trade around $88, but at the time …
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16 August 2022 12:07 am
US Stocks Boosted By Growth Shares Gains
The US stocks ended higher on Monday, adding to recent robust gains, with megacap growth shares rising as US Treasury yields eased. Shares of Apple Inc and Microsoft Corp were among the biggest boosts to the S&P 500 and Nasdaq.According to preliminary data, the S&P 500 gained 15.94 points, or …
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15 August 2022 11:17 pm
NZD/USD Drops As Traders Eye RBNZ Rate Decision
The NZD/USD pair drops from last week’s highs around 0.6468 on risk aversion. China’s economic slowdown looming and bleak NY Fed Empire State Index underpin the US dollar.The Reserve Bank of New Zealand is expected to hike rates by 50 bps on Wednesday. The NZD/USD snaps five days of gains …
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15 August 2022 10:24 pm
Canada CPI to edge lower to 7.8% in July
Analysts expect the annual Consumer Price Index (CPI) in Canada to decline to 7.8% in July from 8.1% in June with lower energy prices and larger base effects weighing on the headline print.Food prices and rents should bounce back from their muted performance in June, while mortgage interest costs provide …
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