Bitcoin extended its decline on Thursday, retreating 2.6% to $101,153.0 by 01:08 ET (06:09 GMT), as the U.S. Federal Reserve’s hawkish tone dampened risk appetite. The cryptocurrency briefly dipped below the $100,000 mark during the session, marking a sharp pullback from its all-time high of $108,244.9 reached earlier this week. …
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…
Trump’s Shadow Looms Over Tesla’s Robotaxi Launch
Tesla’s robotaxi service, slated for a late June 2025 debut in Austin, Texas, promises to reshape ur…
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,…
Market Analysis
December, 2024
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19 December 2024 12:02 pm
Bitcoin Retreats as Fed’s Hawkish Stance and Powell’s Comments Weigh on Sentiment
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19 December 2024 11:06 am
Asian Stocks Slide as Fed Signals Slower Rate Cuts; Tech Sector Hit Hard
Asian equities experienced a sharp sell-off on Thursday, with technology stocks leading the decline after the Federal Reserve projected a slower pace of interest rate cuts in 2025. The cautious outlook dampened risk sentiment across the region, following a significant overnight drop on Wall Street. The NASDAQ Composite recorded its …
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19 December 2024 3:41 am
BoE Poised for Cautious Monetary Policy Decision Amid Inflation Concerns
The Bank of England is set to announce its monetary policy decision early on Thursday. Governor Andrew Bailey has signaled that the central bank is likely to keep the main interest rate on hold, emphasizing a gradual approach to monetary easing. Despite this cautious stance, Bailey recently indicated that up …
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19 December 2024 2:14 am
Hawkish Fed Rhetoric Boosts USD/JPY
The Federal Reserve’s decision to cut its benchmark interest rate by 25 basis points to a target range of 4.25% – 4.50% sent shockwaves through the financial markets. While the rate cut was widely anticipated, the Fed’s surprisingly hawkish outlook for the future path of interest rates fueled a rally …
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19 December 2024 1:49 am
What’s New in the Fed’s December Interest Rate Statement?
There have been some notable differences between the interest rate statement released by the Federal Open Market Committee on Wednesday, following the 25 basis point rate cut, and the previous statement. The first key difference is that the latest statement alluded to the timing and scale of future policy moves, …
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19 December 2024 1:16 am
Fed’s Cautious Stance Dampens Stock Market Rally
The Federal Reserve’s decision to implement a 25-basis-point interest rate cut, while anticipated by market participants, has failed to sustain a significant rally in U.S. equity markets. The central bank’s economic projections, which signaled a more gradual pace of future rate reductions, tempered initial optimism and highlighted underlying concerns about …
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19 December 2024 12:35 am
Fed’s Hawkish Tone Weighs on Euro
The Euro weakened significantly against the US Dollar after the Federal Reserve’s interest rate decision and subsequent press conference. While the Fed delivered a 25 basis point rate cut as expected, the central bank’s cautious tone and economic projections dampened market sentiment for the Euro.Key takeaways from the Fed’s decision:Rate …
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19 December 2024 12:04 am
Powell Speech: Stronger Growth, Lower Unemployment Driving Slower Rate-Cut Path
In a recent post-meeting press conference, Federal Reserve Chairman Jerome Powell explained the decision to cut the federal funds rate by 25 basis points to the range of 4.25%-4.5%. The decision, taken after the December meeting, was driven by several factors including stronger economic growth and lower unemployment.Key Drivers Behind …
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18 December 2024 11:48 pm
Key messages from last US interest rate statement in 2024
The Fed stated in its interest rate statement that “recent data have shown continued progress in economic activity. Labor market conditions have also shown significant improvement with the unemployment rate rising, although it has not reached very high levels. Inflation has shown a decline, approaching the central bank’s target of …
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18 December 2024 11:04 pm
Fed cuts interest rate by 25 basis points as expected
The US Federal Reserve cut interest rates on Wednesday and signaled it will slow the pace at which borrowing costs fall any further given a relatively stable unemployment rate and little recent improvement in inflation. “Economic activity has continued to expand at a solid pace” with an unemployment rate that …
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18 December 2024 10:46 pm
Gold edges lower as markets eye Fed’s 2025 monetary policy path
Gold prices dipped on Wednesday as investors awaited the Federal Reserve’s monetary policy decision. The market’s focus is on the central bank’s 2025 economic projections and the tone of Chair Jerome Powell’s subsequent press conference. The precious metal is 0..35% down, trading at $ 2636.28 at the time of writing.A …
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18 December 2024 9:54 pm
Oil Prices Rise on Inventory Data, Fed Rate Cut Expectations
Oil prices climbed on Wednesday, driven by a decline in US crude inventories and anticipation of an interest rate cut by the Federal Reserve. However, uncertainty surrounding the Fed’s future monetary policy trajectory is limiting the upside potential for oil.US Crude Inventory DrawThe Energy Information Administration (EIA) reported a decrease …
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18 December 2024 8:48 pm
Looming Fed Decision Boosts Wall Street, But Market Eyes Future Policy Clues
The Federal Reserve’s anticipated 25 basis point interest rate cut has provided a much-needed boost to the beleaguered New York Stock Exchange. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all seen significant gains, as investors eagerly anticipate the central bank’s decision.However, while the immediate market reaction …
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