The US Federal Reserve should implement a full percentage point of rate increases over its next three meetings between now and the first of July 2022, St. Louis Fed president James Bullard said on Thursday, reiterating his calls for strong action from the Fed against stubbornly high inflation.“We are missing …
Read More »Q3 Earnings: Netflix’s Revenue Climbs 17% Amid Earnings Shortfall from Brazilian Tax Issue
Netflix unveiled its third-quarter 2025 financial results on October 21, emphasizing revenue growth …
Dow Jones Breaks Records as Strong Earnings Spark Wall Street Rally
The Dow Jones Industrial Average soared to a new all-time high on Tuesday, surpassing the 47,000 mar…
Oil Prices Find Footing as Market Balances Oversupply Fears and Trade Tensions
Oil prices steadied on Tuesday after sliding to their lowest levels since early May, as investors we…
Gold Retreats as Trade Optimism and Dollar Strength Shake Markets
Gold prices fell sharply this week after briefly touching record highs, as renewed optimism over glo…
Fed Poised for Trimming Rate Twice This Year Amid Economic Uncertainty
The U.S. central bank is widely expected to lower its benchmark interest rate twice more before the …
Canada’s Inflation Rises Slightly, Keeping Pressure on the Bank of Canada
Canada’s Consumer Price Index (CPI) edged higher in September, signaling a modest uptick in inflatio…
Oil Prices Edge Higher as Traders Weigh Oversupply Risks and Trade Outlook
Oil prices rebounded modestly on Tuesday, recovering from their sharp decline in the previous sessio…
U.S. Futures Edge Lower Ahead of Heavy Earnings Slate, With Netflix in Focus
U.S. stock futures dipped slightly on Tuesday, pausing after recent gains as investors awaited a bus…
European Stocks Hold Steady as Investors Weigh Trade Optimism and Earnings
European equities opened broadly stable on Monday, as investors balanced cautious optimism over easi…
Gold Pulls Back from Record Highs as Trade Optimism Tempers Safe-Haven Demand
Gold prices retreated from record highs in Asian trading on Tuesday, pressured by profit-taking and …
Market Analysis
February, 2022
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17 February 2022 8:37 pm
ECB’s Lane: Eurozone Turned Page On Low Inflation
The ultra-low inflation seen in the euro zone until recently are unlikely to return even after the pandemic is over, the European Central Bank’s chief economist Philip Lane said, citing changes in the global economy among other factors.Lane had dismissed the notion of a new era for inflation until recently …
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17 February 2022 7:38 pm
How Will USD/JPY Respond To Blinken’s Remarks Before UN Security Council?
US Secretary of State Antony Blinken will be delivering his remarks on the Russia-Ukraine conflict at a UN Security Council Meeting, from UN Headquarters in New York City, on Thursday.Markets remain risk-averse on Thursday on reports pointing to a heightened risk of a Russian invasion. The benchmark 10-year US Treasury …
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17 February 2022 7:06 pm
Ukraine’s Foreign Minister: Fire from a tank recorded in Eastern Ukraine
Ukraine’s Foreign Minister Kubela Dmytro said on Thursday that fire from a tank had been recorded in Eastern Ukraine. This development comes after mortar fire and shelling throughout Thursday morning that was only reported to have stopped at 1:00 p.m. local time. As for the market’s reaction, the latest round …
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17 February 2022 5:43 pm
US: Weekly Initial Jobless Claims rise to 248K
There were 248,000 initial claims for unemployment benefits in the US during the week ending February 12, the data published by the US Department of Labor (DOL) revealed on Thursday. This was above the median economist forecast for 219,000 initial claims and was also above last week’s 225,000 reading, which …
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17 February 2022 4:44 pm
CBRT leaves policy rate unchanged at 14%
The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it left its policy (one-week repo) rate unchanged at 14% as expected.
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17 February 2022 3:51 pm
Oil Falls But Caught Between Iran Talks And Ukraine Crisis
Oil prices fell on Thursday as talks to revive a nuclear deal with Iran entered their final stages, but tension between Russia and the West over Ukraine limited losses. Brent crude fell $1.26, or 1.3 percent, to $93.55 a barrel. US West Texas Intermediate crude fell 1.34 dollars, equivalent to …
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17 February 2022 3:14 pm
Dollar Steadies Amid Concerns Over Ukraine News
The dollar stabilized on Thursday and the Japanese yen held on to earlier gains after a Russian news report of mortar fire in eastern Ukraine rocked markets and boosted appetite for safe-haven assets. Russia-backed rebels accused Ukrainian forces of bombing lands they control in violation of agreements aimed at ending …
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17 February 2022 2:30 pm
Gold Rises to 8-Month High as Bond Yields Fall
. Gold prices rose in trading today, Thursday, to their highest level in 8 months, as Treasury yields declined, while reports of mortar fire in eastern Ukraine prompted investors to resort to gold bullion. Spot gold rose 0.4% to $1,876.41 an ounce, approaching a June high of $1,879.48 hit on …
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17 February 2022 1:46 pm
Strong Results Support European Shares Amid Ukraine Tensions
European shares rose on Thursday as strong results for a number of companies, including Airbus, Kering, and Commerzbank, boosted risk appetite, dispelling investor fears of renewed tensions surrounding Ukraine. The pan-European Stoxx 600 index rose 0.2 percent, the French CAC rose 0.6 percent, the German DAX rose 0.3 percent, and …
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17 February 2022 1:15 pm
Oil Falls After France And Iran Said Are Close to Nuclear Deal
Oil fell more than 2% in early Asian trading on Thursday after France and Iran said the parties were close to reaching a consensus to save Iran’s 2015 nuclear deal with world powers, countering the impact of continuing concerns about the situation in Ukraine. US West Texas Intermediate crude fell …
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17 February 2022 12:24 pm
Gold Hovers Near 8-Month Peak as Concerns Over Ukraine Return
. Gold prices rose on Thursday towards their highest levels in eight months this week as US Treasury yields fell, while reports of mortar fire in eastern Ukraine prompted investors to choose safe bullion. And gold rose in spot transactions 0.4 percent to $ 1876.41 an ounce, hovering near its …
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17 February 2022 11:45 am
Japan Shares Close Lower Due to Ukraine Crisis
Japanese stocks fell on Thursday after concerns over Ukraine curbed risk appetite, while investors remained concerned about rising interest rates globally to contain widening inflationary pressures. The Nikkei index lost 0.83 percent to close at 27,232.87 points, while the broader Topix index fell 0.79 percent to 1931.24 points. The Nikkei …
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