A quick drop in US yields boosted XAU/USD that jumped from $1840 to $1853, reaching the highest level since November 19. It then pulled back all the way to $1840 and now is approaching the $1850 area again. Prices remain volatile in metals, stocks and bonds. The spike in gold …
Read More »SoftBank Shifts Focus: Sells Nvidia Stake, Doubles Down on AI
SoftBank has sold its remaining stake in Nvidia for $5.83 billion, marking a clear pivot toward arti…
Oil Prices Rebound as Global Demand Outlook Brightens
Oil prices rose on Tuesday, recovering from recent declines as optimism about global demand returned…
Dollar Weakens as Fed Rate-Cut Hopes Grow and Government Deal Optimism Builds
The US dollar continued its downward slide on Tuesday, reaching fresh monthly lows as weaker-than-ex…
Paramount Skydance Rockets Ahead: Bold Strategy and Streaming Strength Ignite Investor Optimism
Paramount Skydance has emerged as a breakout star in the media sector, surging to the top of the S…
Pound Struggles for Direction as Rising UK Unemployment Fuels Rate Cut Speculation
The British pound held steady on Tuesday after UK labor market data revealed a rise in unemployment,…
Yen Holds Steady as Weak U.S. Jobs Data Fuels Fed Cut Bets
The Japanese yen remained steady against the U.S. dollar on Tuesday, with the USD/JPY pair hovering …
Dollar Weakens as Markets Eye Fed Moves and Government Deal Breakthrough
The U.S. dollar slipped to its lowest level in more than a week on Tuesday, as renewed signs of weak…
Gold Retreats After Rally: Market Caution Tempers Momentum
Gold prices edged lower after reaching a three-week high near $4,150 per ounce, as profit-taking and…
Markets exhale as shutdown end nears; investors brace for a data deluge and rate-path clarity
U.S. assets found firmer footing Monday as signs of progress in Washington eased fears of deeper eco…
Dollar firms vs yen, slips vs Aussie as markets eye post-shutdown data; sterling softens on UK jobs
The U.S. dollar posted a mixed performance in Asia on Tuesday, rising against the safe-haven yen but…
Market Analysis
January, 2022
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25 January 2022 7:00 pm
Market Drivers – European Session 25-1-2022
The European session has been fairly quiet as stocks seem somewhat more cautious after the bounce on Wall Street yesterday. US futures have fallen since Asian trading and maintained this trend throughout European morning trading. The dollar received some support before the Federal Reserve. EUR/USD fell to fresh five-week lows …
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25 January 2022 5:12 pm
Pfizer and Biotech launch a trial of a vaccine targeting Omicron
Pfizer and Biotech said Tuesday they have started a clinical trial to test a new version of their vaccine specifically designed to target the omicron mutant of COVID-19 that has eluded some of the protection provided by the original two-dose vaccine regimen. The two companies intend to test the immune …
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25 January 2022 4:36 pm
USD Overview: The Focus is Back on FED
The US dollar rebounded today, Tuesday, to record a strong rise against other currencies, coinciding with several factors that affected its performance, on top of which are the current geopolitical tensions and the markets’ anticipation of critical economic data. As Russia builds up its troops and soldiers at the Ukrainian …
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25 January 2022 3:14 pm
Oil Prices Rise as Fears of a Supply Shortage Grow Due to Political Tensions
Oil prices rose on Tuesday, recouping some of their losses on Monday as rising tension in Eastern Europe and the Middle East heightened fears of a supply shortage. Brent crude futures rose $1.21, or 1.5 percent, to $87.52 a barrel by 0946 GMT, after falling 1.8 percent in the previous …
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25 January 2022 2:29 pm
German IFO Business Climate Unexpectedly Improves in January
The headline German IFO Business Climate Index unexpectedly jumped to 95.7 in January versus last month’s 94.7 and the consensus estimates of 94.7. Meanwhile, the Current Economic Assessment dropped to 96.1 points in the reported month as compared to last month’s 96.9 and 96.1 anticipated. The IFO Expectations Index – …
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25 January 2022 1:15 pm
IBM Shares Rise About 7% After Results
IBM shares jumped 7% in after-hours trading on Monday, January 24, after the software and services company said revenue jumped 6% in the fourth quarter, beating expectations. Revenue came in at $16.7 billion, versus analyst expectations of $15.96 billion, according to Refinitiv. The company showed the fastest revenue growth since …
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25 January 2022 12:39 pm
Oil Prices Rise 1% Due to Fear of Supply Shortage
Oil prices rose on Tuesday, recouping some of their losses on Monday as rising tension in Eastern Europe and the Middle East heightened fears of a supply shortage. Brent crude futures rose 60 cents, or 0.7 percent, to $86.87 a barrel, after falling 1.8 percent in the previous session. US …
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25 January 2022 4:39 am
Market Drivers – US Session – 24 January
Markets were ghosted by a wave of risk aversion on Monday, only safe-havens benefitted but risk-sensitive currencies were hurt, though the latter group had pared back on much of their earlier underperformance by the end of US trading session as risk appetite recovered.The US dollar was the safe haven of …
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25 January 2022 3:45 am
Bitcoin Bounces Back After Falling Below $33,000
Bitcoin rallied on Monday afternoon, trading above $37,000, after falling to a seven-month low in the morning, as the cryptocurrency moved in lockstep with a swift rally in risk assets.Bitcoin was trading at $36,800 at 5 p.m., up, 4.7% on the day. In the morning, it traded below $33,000 for …
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25 January 2022 3:34 am
Oil falls 2% as Fed rate hike talk ghosts risk markets
At the time of writing, WTI picks up bids towards $84.00, extending the late Monday’s recovery during the initial Asian session on Tuesday. The oil benchmark’s latest recovery takes clues from a bullish Doji candlestick and Momentum line. Oil prices fell about 2% on Monday, hit by investor concerns over …
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25 January 2022 3:20 am
US inflation expectations extend bounce off four-month low
US inflation expectations, as measured by the 10-year breakeven inflation rate according to the St. Louis Federal Reserve data, rose for the second consecutive day to 2.38% by the end of Monday’s North American session.The inflation gauge extends rebound from a four-month low flashed last week ahead of the key …
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25 January 2022 3:06 am
AUD/USD Rebounds Ahead of Australia inflation Data
The AUD/USD has held onto the corrective pullback from more than a month’s low around 0.7140, after two successive trading days of risk aversion.The recovery moves could be linked to the consolidation of losses by the risk-sensitive assets while the Aussie pair particularly awaits key inflation data during early Tuesday …
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