European shares hit 20-day lows, with travel, banking, and auto stocks leading declines on Monday as investors feared political risks following warnings that Russia could invade Ukraine at any time. The pan-European Stoxx 600 index was down 2 percent by 0808 GMT, its lowest since Jan. 25. All sub-indices of …
Read More »Oil Prices Hold Steady as OPEC+ Pause and Geopolitical Risks Support Market
Oil prices were steady in Asian trading on Tuesday, consolidating the previous session’s gains as OP…
Oil Prices Rise Amid U.S. Dollar Decline and Geopolitical Tensions
Crude oil prices climbed to their highest level of the week after the U.S. Dollar Index fell to a tw…
Precious Metals Rally as Dollar Weakens and Rate-Cut Bets Intensify
Gold and silver extended their upward momentum on Monday, driven by a softer U.S. dollar and growing…
Yen Strengthens as Markets Bet on a Bank of Japan Rate Hike
The Japanese yen advanced to a two-week high on Monday, pushing the USD/JPY pair down by roughly 0.5…
Euro Rises as Diverging Central Bank Policies Lift the Single Currency
The euro edged higher on Monday, climbing to its strongest level in two weeks against the U.S. dolla…
Global Stocks Slip as Bond Yields Rise, Disney Boosts Entertainment Sector
Global equities opened the week on a downward trajectory, pressured by rising U.S. and Japanese gove…
Sterling Climbs as Markets Bet on Imminent Rate Cuts
The British pound began the week on a firmer footing, supported by growing expectations that major c…
U.S. Manufacturing Slips Again as Tariffs and Uncertainty Weigh on Growth
American manufacturing continued its downward slide in November, marking the ninth consecutive month…
U.S. Stock Futures Slip as Markets Weigh December Fed Rate Cut and Next Chair Pick
U.S. stock futures moved lower on Monday as investors digested the implications of rising expectatio…
Bitcoin Slides Over 5% as Yearn Finance Exploit Triggers Fresh Crypto Market Turbulence
Bitcoin fell sharply in Asian trading on Monday, kicking off the new month with renewed volatility a…
Market Analysis
February, 2022
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14 February 2022 1:27 pm
Oil Prices Jump More Than 1% to Record The Highest Level in Seven Years
Oil prices on Monday hit their highest level in more than seven years amid fears that a possible Russian invasion of Ukraine could trigger sanctions from the United States and Europe and disrupt energy exports from the world’s largest producer. Brent crude futures were at $56.95 a barrel by 0235 …
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14 February 2022 12:30 pm
Nikki Drops to its Lowest Level in 3 Weeks
Japan’s Nikkei index fell on Monday to its lowest level in three weeks, pushed down by technology shares on investor concerns about growing tensions surrounding Ukraine and rising inflation risks in the United States. The Nikkei index lost 2.23 percent to close at 27,079.59 points, the most significant daily percentage …
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13 February 2022 11:39 am
Weekly Recap 7-11 February
Tensions between Ukraine and Russia escalated all along the five trading days. This was sending markets into a flux with the usual risk assets and currencies responding in a mixed manner. There was news that a Russian attack on Ukraine could begin any day and would likely start with air …
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12 February 2022 2:36 am
Market Drivers – US Session – 11 February 2022
The US Treasury yields have been declining since the beginning of the daily trading on Friday, after consumer confidence data and their negative impact on the future of the US economy and economic recovery.Economic DataAccording to the University of Michigan’s preliminary February Consumer survey, the Consumer Sentiment Index fell to …
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12 February 2022 2:01 am
S&P 500 Falls On Escalated Russian-Ukrainian Crisis
On Friday, US equities dropped sharply as recent geopolitical chatter linked to the Ukraine – Russia conflict. US news sources said that a Russian invasion of Ukraine was imminent, spurred a flight to safe-haven assets. As the New York session ends, the S&P 500 drops 2.05%, at 4,410.85. The Dow …
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12 February 2022 1:32 am
USD/JPY Around 115.10 Area Amid News On Imminent Invasion of Ukraine
During the North American session, the USD/JPY nose-dives as the Ukraine – Russia conflict escalates, on reports that Russia would attack Ukraine in the following week. The USD/JPY pair is now trading at 115.19.On the news headlines, the USD/JPY collapsed from 115.80 towards a daily low at 115.00, where the …
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12 February 2022 12:28 am
WTI Crude Hits Fresh 7-Year Highs Amid Volatile Trade
Front-month WTI futures saw an abrupt surge in recent trade from around the $92.00 per barrel level to as high as the $94.60s to print fresh highs since September 2014. The spike occurred as traders upped the amount of geopolitical risk premia embedded in oil prices in response to US …
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12 February 2022 12:17 am
Baker Hughes: US Adds Most Oil Rigs In Four Years
The count of active drilling rigs in the U.S. surged by 22 to 635, 60% above year-ago levels, according to the latest weekly survey from Baker Hughes. U.S. crude oil rigs jumped by 19 to 516 while gas rigs gained 2 to 118, with one rig unspecified; rigs targeting oil …
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11 February 2022 11:16 pm
US National Security Advisor: Russian invasion of Ukraine could begin any time
US National Security Advisor Jake Sullivan said on Friday that we are in the window where a Russian invasion of Ukraine could begin at any time and could happen during the Beijing winter Olympics.The US believes that Russian President Vladimir Putin has decided to invade Ukraine and already communicated those …
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11 February 2022 10:04 pm
Does FOMC Favour Interest Hike Or Emergency Move?
Federal Reserve officials are in no rush to raise interest rates prior to their scheduled policy meeting next month, nor is a half percentage-point move in March yet likely, despite a bigger-than-expected jump in consumer prices that stoked speculation about such options.Mere hours after yesterday’s CPI showed a bigger-than-expected inflation …
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11 February 2022 9:15 pm
Biden: Inflation Will Cool Later This Year
President Joe Biden is acknowledging historic inflation, but at the same time, Biden believes it is tapering off this year. President Joe Biden said Thursday he sees signs of relief on the horizon for US consumers, after a government report showed inflation staying at a 40-year high.“According to Nobel laureates, …
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11 February 2022 8:43 pm
Gold Price Index Extends Rebound From $1820, Eying $1840
Gold rose further during the American session and climbed to $1836, reaching a fresh daily high. It remains near the top with a bullish tone. The upside move started after finding support again above $1820.If XAU/USD ends at current levels, it will post the highest weekly close since November, with …
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