The Dow Jones Industrial Average (DJIA) kicked off the Christmas trading week on a subdued note, reflecting a confluence of factors that are currently weighing on market sentiment. A disappointing report on US Durable Goods Orders, coupled with the holiday-shortened trading week, has created a challenging environment for the blue-chip …
Read More »Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
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…
Market Analysis
December, 2024
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23 December 2024 9:41 pm
EUR/USD declines Amid Deepened Bearish Bias
The EUR/USD currency pair experienced a sharp decline at the beginning of the week, falling by 0.35% to trade near the 1.0400 level. This marked a reversal of the modest gains observed in the preceding sessions, highlighting the persistent bearish sentiment dominating the market. The 20-day Simple Moving Average (SMA), …
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23 December 2024 8:40 pm
XAU/USD Under Pressure as Dollar Strengthens
Gold prices are currently facing headwinds, trading below $2,600 per ounce. This decline coincides with a strengthening US dollar, driven by a confluence of factors. The US equity market has experienced a downturn, with all three major indices trading lower, dampening risk appetite and bolstering demand for the safe-haven US …
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23 December 2024 7:40 pm
DXY Strengthens Ahead of Christmas, Nears Two-Year High
The US Dollar gained momentum on Monday, approaching a two-year peak. This upward trend was fueled by an upward revision in November Durable Goods orders, surpassing initial estimates.Key Developments:Government Shutdown Averted: A last-minute deal prevented a government shutdown, easing market concerns ahead of the holidays.Durable Goods Upward Revision: The upward …
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23 December 2024 6:46 pm
Could USDT Removal Impact EU Amid Crypto Boom Promised By Trump?
The European Union’s Markets in Crypto-Assets (MiCA) regulation, designed to enhance transparency and combat financial crime, is inadvertently reshaping the crypto landscape in the bloc. The forced delisting of Tether (USDT), the dominant stablecoin, from several EU exchanges is creating ripples, potentially dampening the region’s allure for crypto investors just …
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23 December 2024 4:55 pm
U.S. Futures Edge Higher Amid Softer Inflation Data
U.S. stock index futures advanced slightly on Monday as Wall Street reacted to signs of easing inflation, kicking off a shortened trading week ahead of the Christmas holiday. Dow Jones Futures: +5 points (+0.1%) S&P 500 Futures: +10 points (+0.2%) Nasdaq 100 Futures: +60 points (+0.3%) Markets will close early …
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23 December 2024 3:30 pm
U.S. Dollar Rebounds as Euro Weakens Following Lagarde’s Dovish Tone
The U.S. dollar strengthened on Monday, recovering from sharp losses late last week. Signs of cooling inflationary pressures in the U.S. eased concerns about aggressive rate cuts in 2025, while the euro slipped amid dovish remarks by European Central Bank President Christine Lagarde. Dollar Index (DXY): Up 0.4%, trading at …
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23 December 2024 1:59 pm
European Stock Markets Start the Week Lower
European markets opened the week in the red, reflecting a subdued trading environment as the Christmas holiday approaches. At 03:13 ET (08:13 GMT), major indices showed minor declines: Germany’s DAX: -0.4% France’s CAC 40: -0.1% UK’s FTSE 100: -0.1% With many markets preparing to close early or remain shut on …
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23 December 2024 1:15 pm
Bitcoin Faces Continued Pressure Amid Fed’s Hawkish Stance
Bitcoin traded marginally lower on Monday, reflecting ongoing caution among investors as macroeconomic uncertainties and hawkish signals from the Federal Reserve continued to weigh on risk assets. Market Performance Bitcoin declined by 0.7%, trading at $95,445.4 as of 00:41 ET (05:41 GMT), extending a losing streak in five of the …
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23 December 2024 12:25 pm
UK Economic Stagnation Highlights Challenges for Starmer’s New Government
The British economy showed no growth in the third quarter, according to revised data from the Office for National Statistics (ONS), highlighting economic challenges facing Prime Minister Keir Starmer‘s government. The ONS adjusted its estimate of GDP growth for the July-to-September period to 0.0%, down from an initial projection of …
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23 December 2024 11:21 am
Oil Prices Edge Higher Amid Cooling Inflation and Supply Resumptions
Oil prices began the week on a positive note, bolstered by data showing cooling U.S. inflation, which revived hopes for monetary policy easing in 2024, supporting global economic growth and oil demand. Brent crude futures rose $0.26 (0.4%) to $73.20 per barrel, while West Texas Intermediate (WTI) crude climbed $0.31 …
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22 December 2024 11:31 pm
Weekly Recap: Fed Hawkishness Shakes Stocks, Dollar Strengthens
US stocks had a volatile week, with a sharp decline on Wednesday, followed by recovery on Friday. Volatility followed Fed’s unexpected hawkish stance during the last policy meeting in 2024. While the Fed approved a widely anticipated quarter-point interest rate cut, its projection for fewer rate cuts in 2025 than …
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21 December 2024 1:12 am
EUR/USD rebounds following American PCE data
EUR/USD is about 0.70% up, trading at 1.0427 at the time of writing. Earlier on Friday, the EUR/USD pair has rebounded above 1.0400 in the North American session after posting a three-week low near 1.0340 in Asian trading hours. The major currency pair’s growth in the US Personal Consumption Expenditures …
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