U.S. West Texas Intermediate crude oil futures are trading a little better Wednesday after hitting its highest level since 2014 the previous session. Global concerns about energy supply on signs of tightness in crude, natural gas and coal markets still persist.At 05:26 GMT, December WTI crude oil is trading $78.79, …
Read More »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…
Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
Market Analysis
October, 2021
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6 October 2021 6:06 pm
Wall Street Falls on Inflation Fears And ADP Report
Wall Street’s main indexes opened lower on Wednesday after rising oil prices fueled inflation fears, while a survey showing a strong rise in private-sector jobs last month fueled concern that monetary stimulus would be scaled back sooner than expected. The Dow Jones Industrial Average fell 115.71 points, or 0.34 percent, …
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6 October 2021 5:24 pm
U.S. Private-Sector Employment Rises by 568K in September
Employment in the US’ private sector rose by 568,000 in September, the monthly data published by the Automatic Data Processing (ADP) Research Institute revealed on Wednesday. This reading came in stronger than the market expectation for an increase of 428,000. Meanwhile, August’s print got revised down to 340,000 from 374,000.
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6 October 2021 4:22 pm
The Iraqi Oil Minister Considers The Price of Oil Between 75 and 80 Dollars
The Iraqi Oil Minister said that the price of oil between 75 and 80 dollars per barrel is a fair price for producers and consumers, adding that his country seeks to raise its production and export capacity in the coming years. Oil prices topped $83 a barrel on Wednesday, their …
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6 October 2021 3:11 pm
The Dollar Rises as Inflation Fears Grow Due to a Jump in The Energy Sector
The dollar rose on Wednesday, on concern that higher energy prices would spur inflation and raise interest rates, as traders awaited US jobs data for clues about the timing of the Federal Reserve’s tightening of policy. The New Zealand dollar fell 0.9% to $0.6891, and the Australian dollar fell 0.7% …
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6 October 2021 2:21 pm
RBA Kept The Policy Rate Unchanged This Week
As expected, the Reserve Bank of Australia (RBA), at its October meeting, decided to maintain the cash rate target at 0.10% and the interest rate on Exchange Settlement balances of 0%; maintain the target of 0.10% for the April 2024 Australian Government bond; continue to purchase government securities at the …
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6 October 2021 2:16 pm
Eurozone Retail Sales Missed Expectations in August
Data showed that retail sales in the eurozone missed expectations in August, as consumers curbed spending on food, beverages, and tobacco. The European Union statistics office Eurostat said retail sales, an indicator of consumer demand, in the 19 euro-denominated countries rose 0.3 percent month-on-month in August, unchanged from the previous …
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6 October 2021 1:23 pm
European Shares Fall on Inflation Concerns
European shares fell more than 1% on Wednesday, as rising oil prices intensified concerns about rising inflation, and investors shifted from high-growth technology stocks to banking stocks. After rising late on Tuesday, the pan-European STOXX 600 index fell 1.2%, with the technology sector down more than 2%. Banking shares fell …
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6 October 2021 1:04 pm
Gold Continues to Decline
Gold prices retreated to extend losses, affected by the rise in the dollar and US Treasury bond yields ahead of the release of US non-farm payrolls data. And gold fell in spot transactions 0.5% to $ 1750.51 an ounce, while US gold futures fell 0.7 percent to $ 1749.40. The …
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6 October 2021 12:34 pm
Japan Shares Hit a More Than 6-Week Low
Japan’s Nikkei index reversed course to close at its lowest level in more than 6 weeks, weighed by concerns about rising interest rates, a slowdown in China, and the country’s new prime minister with low approval ratings. The Nikkei index fell 1.05% to close at 2,7528.87 points, its lowest level …
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6 October 2021 2:56 am
Biden: Economy in danger if debt ceiling not raised
During a White House speech on the government debt conflict, U. S. President Joe Biden warned the U.S. is at risk of exceeding the legal limit on its debt in two weeks and running out of cash.A measure has been recently passed to temporarily suspend the debt limit and fund …
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6 October 2021 2:42 am
Treasuries Fall, but yields surge ahead of U. S. Jobs Data
Treasuries fell on Tuesday as investors focus on the assessment of the state of the U. S. economy before important payroll report Friday.Rising yields have increased market-implied inflation expectations. Breakeven inflation rate for 10-year TIPS approaches 2.5%. The U.S. Treasury yields climbed Tuesday as rising energy prices stoked inflation fears. …
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6 October 2021 1:42 am
Wall Street closes sharply higher over Big Tech gains
Facebook shares have bounced by 2.1% one day after taking a beating as services resumed following outage.Tech and financial companies Apple, Microsoft, Amazon and Alphabet are significantly among top advancers, each rose more than 1% following a selloff in growth stocks the day before. PepsiCo gains on raising annual revenue …
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