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 »Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
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…
Market Analysis
November, 2021
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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 …
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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 …
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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 …
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25 November 2021 11:36 am
Gold Rises With The Decline of The Dollar
Gold prices rose on Thursday as the dollar weakened, but hawkish comments from US Federal Reserve policymakers limited the metal’s allure and kept it well below the important $1,800 level. Spot gold rose 0.2 percent to $1,791.76 an ounce by 0501 GMT, after falling to its lowest level since November …
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25 November 2021 10:33 am
The Turkish lira is Recovering After Record Lows
The Turkish lira continued its recovery Thursday, November 25, after a historic plunge to record lows this week sparked by President Recep Tayyip Erdogan’s defense of interest rate cuts. The lira was trading at 11.85 against the dollar, as it rose about 1.9% from about 12.0820 yesterday, Wednesday. The lira …
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25 November 2021 2:58 am
Market Drivers – US Session – 24-11-2021
The minutes of the 3 November FOMC meeting, released on Wednesday, said that various participants noted that the Fed should be prepared to adjust the pace of the QE taper and raise rates sooner than currently anticipated should inflation continue to run hot. The minutes carried a consolidated language to …
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25 November 2021 2:07 am
Morgan Stanley Increases Exposure To Bitcoin
Investment funds from major US investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust.According to filings from the United States Securities and Exchange Commission, the Morgan Stanley Insight Fund increased its holdings of Grayscale Bitcoin Trust (GBTC), shares more than 63%, …
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25 November 2021 1:55 am
Bitcoin, Ether Expect Higher Volatility
Cryptocurrencies were generally lower on Wednesday as bitcoin traded in a tight range around $56,000. Technical indicators suggest limited downtrend around the $53,000 support level, which could keep buyers active toward $60,000 resistance.Trading volume is expected to retreat over the next few days, particularly on the U.S. Thanksgiving holiday Thursday. …
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25 November 2021 1:30 am
US Shares Mixed, Wider Market Reacts After Fed Minutes
Wall Street shares reversed earlier losses in choppy trading on Wednesday and U.S. Treasury yields hovered near highs for the year after data suggested the U.S. job market and consumer spending continued to improve.Oil prices were largely steady as investors questioned the effectiveness of a U.S.-led release of oil from …
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24 November 2021 11:40 pm
EIA: US Weekly Crude Oil Stockpiles Rise
U.S. crude oil stocks rose last week but gasoline and distillate stocks fell even as refining activity increased on strong overall fuel demand, the Energy Information Administration said on Wednesday.Crude inventories rose by 1 million barrels in the week to Nov. 19, compared with analysts’ expectations for a decrease of …
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24 November 2021 11:28 pm
FOMC Minutes: Fed should be prepared to accelerate QE taper, rate hikes
The minutes of the 3 November FOMC meeting, released on Wednesday, said that various participants noted that the Fed should be prepared to adjust the pace of the QE taper and raise rates sooner than currently anticipated should inflation continue to run hot. Additional takeaways: “Some participants suggested that reducing …
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24 November 2021 10:47 pm
US Shares Weakened As Investors Await FOMC Minutes
As investors and traders are awaiting the FOMC minutes, the S&P 500 edged down 0.2%, while the Dow Jones Industrial Average weakened 0.3%, or about 110 points. The Nasdaq Composite Index fell 0.2%. That puts the technology-heavy index on pace to decline for a third successive day amid a rise …
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