EU economy expected to raise inflation forecast again. Central bank policymakers have said that the outlook for price growth in 2023 and 2024 remains unsure The ECB has underestimated how fast Eurozone inflation would rise this year.European Central Bank policymakers expect the central bank to raise its short-term inflation forecasts …
Read More »Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Market Analysis
November, 2021
-
25 November 2021 11:57 pm
USD Continues Corrective Movement
The US dollar’s current slight retreat comes as a result of a corrective movement in the bearish direction after several sessions of surging trend.The US Dollar Index (DXY) heads into the Thanksgiving holiday on track for a third consecutive strong weekly gain. The US economy’s Q4 is shaping up as …
Read More » -
25 November 2021 11:20 pm
Turks Switch Savings to US Dollars as Lira Collapses
Turkish companies tap foreign reserves as market access weakens. The Turkish currency was trading around 12 lira to a dollar on Thursday.Turks abandoned their local currency savings for US dollars and other foreign currency deposits over concerns about the country’s faltering economy, propelling the Turkish lira to its worst slide …
Read More » -
25 November 2021 11:05 pm
Could Brexit Developments Impact The Pound?
GBP/USD has hesitantly bounced from annual lows at 1.3300 ahead of a short market closure for Thanksgiving as markets eye Brexit developments, with French fishermen blockades now expected Friday.While the pair has been under heavy selling pressure recently, it isn’t yet in oversold territory. Ahead of a five-hour market closure …
Read More » -
25 November 2021 10:15 pm
BoE’s Bailey: Factors Causing Inflation Temporary
Bank of England Governor Andrew Bailey said on Thursday that the supply chain problems causing inflation should be temporary.“The risk is that inflation expectations become embedded and we have a very tight labour market in the UK. Policy guidance is more hazardous to give in times of elevated uncertainty”, he …
Read More » -
25 November 2021 9:58 pm
November Employment Expected To Increase By 600K
The November US employment report will be released on the first Friday of December. At the moment, analysts at Wells Fargo expect an increase in jobs of around 600.000. Total nonfarm payrolls increased by 531K during October, a gain that was well ahead of expectations. The net revisions to the …
Read More » -
25 November 2021 8:49 pm
Bundesbank Warns Of Overblown property Prices
Vice president of Bundesbank, Claudia Buch, said that almost 90% of German households expect property prices to keep increasing.Buch added that her team at the Bundesbank has come up with estimates of about 10% to 30% for price deviations from their fundamentals. Germany’s central bank warned Thursday about skewed valuations …
Read More » -
25 November 2021 8:14 pm
Fed To Kick Off Faster Taper Starting January
The US Federal Reserve will likely double the pace of tapering its monthly bond purchases from January to $30 billion, and wind down its pandemic-era bond buying scheme by mid-March, Goldman Sachs strategists said in a daily note on Thursday.The increased openness to accelerating the taper pace likely reflects both …
Read More » -
25 November 2021 7:12 pm
ECB Under Pressure To Unlock Bonds
The European Central Bank is under growing pressure from bankers to lend more of its stash of German government bonds to avert a market squeeze that would undo some of its own stimulus efforts.As the safest debt in the region, Germany’s sovereign bonds are the lifeblood of European financial markets …
Read More » -
25 November 2021 3:34 pm
Oil Prices Vary as Markets Await “OPEC” Decisions
Oil prices varied during trading today, Thursday, in the Asian trading session, as investors awaited the reaction of “OPEC” to the release of crude oil from emergency reserves by major consuming countries to calm the market. Brent crude futures rose 0.07% to $82.31 a barrel, while West Texas Intermediate crude …
Read More » -
25 November 2021 2:36 pm
European Shares Rise With The Recovery of The Technology
European shares rose on Thursday, as a rebound in hard-hit technology shares and a rise in French liquor maker Rémy Cointreau allayed concerns about a surge in coronavirus infections across the continent. The pan-European Stoxx 600 index rose 0.4 percent by 0809 GMT, recovering from a three-week low hit on …
Read More » -
25 November 2021 1:51 pm
Market Drivers – Asian Session 25-11-2021
There were no fresh moves for the majors during the Asian session. Fresh headlines are crossing the wires from the UAE official, via Reuters, citing that it is fully committed to OPEC and its allies (OPEC+) agreement. Gold futures rose 0.47% to $1,792.75, after falling to their lowest level since …
Read More » -
25 November 2021 12:54 pm
UAE: Fully Committed to OPEC+ Deal
Fresh headlines are crossing the wires from the UAE official, via Reuters, citing that it is fully committed to OPEC and its allies (OPEC+) agreement. The UAE said that it has no “prior stance” ahead of the upcoming OPEC+ meeting. The UAE Energy Minister, Suhail Al Mazrouei, said last Tuesday …
Read More »