The US Federal Reserve will use all the available and necessary tools to support the American economy and to help the labour market to grow stronger.Fed is determined to prevent higher inflation from becoming entrenched according to the prepared remarks from Jerome Powell confirmation hearing before the Senate Banking Committee. …
Read More »Bitcoin extends losses despite broader risk-on tone as U.S. shutdown resolution nears
Market overview. Bitcoin fell for a third session on Wednesday, slipping 1.8% to $103,344 by 00:28 E…
Oil slips as oversupply worries outweigh U.S. shutdown-end optimism; firm dollar adds pressure
Oil prices edged lower in Asian trading Wednesday, with fragile support from signs Washington is poi…
Europe edges higher as U.S. shutdown resolution nears; German inflation cools, Bayer jumps
European equities extended gains Wednesday, buoyed by signs Washington is close to ending the record…
Asia stocks mostly higher; Hang Seng jumps on tech, SoftBank overhang caps Nikkei
Most Asian equities advanced Wednesday, with Hong Kong leading on a sharp rebound in local technolog…
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 …
Market Analysis
January, 2022
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11 January 2022 6:03 pm
Fed’s Clarida Announces Resignation
Fed policymaker Richard Clarida announced on Monday that he would resign from his post as Vice Chairman of the FOMC on Friday, two weeks before his term on the central bank’s board of governors had originally been scheduled to end. His announcement of early resignation follows a recent increase in …
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11 January 2022 4:08 pm
Fed’s Bostic: March Reasonable For first-Rate Increase
The markets are awaiting the testimony of US Federal Reserve Chairman, Jerome Powell, today, but it is not only Jerome Powell who will be speaking today but also several US Fed officials, first and foremost Raphael Bostic. Atlanta Federal Reserve President Raphael Bostic told Reuters on Tuesday that March would …
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11 January 2022 3:53 pm
European shares rise, buoyed by a Rebound in Technology Shares
European shares rose on Tuesday, with investors returning to the technology sector after declining for seven days due to fears of rising interest rates. A group of positive corporate results also supported stocks. The pan-European Stoxx 600 index rose 1.1 after US stocks rose in late trading, supporting Asian stocks. …
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11 January 2022 2:38 pm
The Dollar is Falling Before Powell
The dollar fell on Tuesday but remained within its recent swing range as investors awaited a speech by US Federal Reserve Chairman Jerome Powell at a session of Congress later on Tuesday. European shares rose in early trading after a rebound in late trading in the US stock market, while …
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11 January 2022 2:11 pm
A Marginal Decline in The Unemployment Rate in The Euro area in November
The unemployment rate in the eurozone declined marginally in November, that is, before the start of the Omicron outbreak, which caused lockdowns in a number of countries on the continent, due to its rapid spread. And data from the statistics agency Eurostat revealed on Monday that the unemployment rate fell …
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11 January 2022 1:19 pm
Gold Rises With Falling Treasury Yields And Anticipation of US Inflation Data
Gold prices rose on Tuesday, January 11th, supported by a decline in the dollar and US Treasury yields, as investors awaited the release of inflation data for December, this week, which may support a decision by the Federal Reserve to raise interest rates sooner than expected. And the price of …
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11 January 2022 4:36 am
Market Drivers – US Session – 10 January
The US dollar seesawed between gains and losses, attempting to find a clear direction and led by US Treasury yields once again. As the 10-year U.S. Treasury yield spiked to start 2022, investors have been rotating into more cyclical and value names. On Monday, the 10-year climbed as high as …
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11 January 2022 4:06 am
Crude Oil Falls On Easing Supply Disruptions
Oil prices weakened Monday as supply problems in Kazakhstan and Libya eased, while concerns grew about the rapid rise of Omicron cases in China, the second largest economy in the world. West Texas Intermediate, the benchmark for US crude, settled down by 67 cents, or 0.9%, at $78.24 per barrel. …
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11 January 2022 2:41 am
Tuesday’s Powell Testimony Remarks Released
Federal Reserve Jerome Powell will appear before the Senate for his official reappointment hearing on Tuesday. In prepared remarks he will state that the “economy is expanding at its fastest pace in many years, labor market is strong”. On Monday, Powell’s prepared remarks for reappointment confirmation hearing were released. Powell …
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11 January 2022 2:17 am
Could Omicron Worsen Labour Shortage, Slows Economy, Boost Inflation?
The majority of grocery stores have had trouble stocking up during the pandemic due to shortages of supplies and labour. Omicron is adding to the present trouble. Canceled flights, bare shelves at grocery stores, reduced bus schedules and schools closed due to staff shortages are only a few examples.The rapid …
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11 January 2022 1:29 am
Could Semiconductor Stocks Become The New Oil In Financial Markets?
A Wall Street firm sees a bumpy yet rewarding wave with semiconductor stocks in 2022 and named Nvidia stock its top pick. Several analysts are still optimistic about semiconductor stocks, despite their recent downturn. Some go further to call semiconductors the new oil of the rapidly digitizing global economy.Semiconductors do …
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10 January 2022 11:47 pm
Disney Hong Kong Closure Could Push Risk Aversion Ahead
An investor’s mind is a funny thing when it comes to risk-return judgment. Research on risk-aversion has found that most investors dislike losses more than they find joy from gains. The result from this is that the magnitude of market selloffs pushed by news are worse than the velocity of …
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