The oil market saw a major decline as a number of bearish factors combined to cause crude prices to drop precipitously. An impending supply glut and worries about a worldwide economic slowdown, especially in China, have clouded the outlook for the oil market. The tight market conditions earlier this year …
Read More »Euro Soars to Near Three-Year High as PPI Data and Trump’s Tariffs Sink US Dollar
The Euro surged against the US Dollar for the second consecutive day, nearing a three-year high, as …
Why Do U.S. Bond Yields Keep Declining?
U.S. bond yields experienced a significant setback on Thursday following the release of producer pri…
Silver Surges Above $36 as US Dollar Hits Three-Year Low
Silver (XAG/USD) has staged a strong recovery, climbing past $36.00 after hitting a five-day low of …
US Stocks Defy Geopolitical Tensions as Producer Prices Ease
US stock markets climbed on Thursday, shrugging off geopolitical uncertainties as softer-than-expect…
Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally
Gold prices surged to $3,386 on June 12, 2025, approaching the $3,400 mark as softer US economic dat…
Dollar Falls as Soft PPI Data Stokes Rate Cut Hopes
The U.S. Dollar tumbled on June 12, 2025, dropping to 98.00 on the U.S. Dollar Index after May’s U.S…
GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims
The GBP/USD pair surged to 1.3600, up over 0.47% in a single session, and at the time of writing, th…
U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty
The latest data from the Bureau of Labor Statistics (BLS) revealed that Producer Prices increased by…
Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns
The U.S. dollar fell to a new low for 2025 on Thursday, while global stocks eased from record highs,…
U.S. Stock Futures Dip Amid Caution Over Trade Deal and Middle East Tensions
U.S. stock index futures fell on Thursday as investors adopted a cautious stance following the annou…
Market Analysis
December, 2024
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24 December 2024 12:03 am
Dow Jones Struggles for Footing Amidst Weak Data and Holiday Jitters
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 …
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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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