European shares rose on Monday, August 30, to consolidate near record highs reached earlier this month, as hopes that continued central bank support will maintain the economic recovery dispelled the impact of fears surrounding the delta strain of the Coronavirus. The STOXX 600 index of the broader European shares rose …
Read More »China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
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…
Market Analysis
August, 2021
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30 August 2021 4:44 am
Weekly Recap: 23 – 27 August
In his prepared remarks for delivery at the Jackson Hole Economic Symposium titled “Macroeconomic Policy in an Uneven Economy,” FOMC Chairman Jerome Powell said that there has been clear progress towards full employment and that he believes that if the US economy develops as expected, “it may be appropriate to …
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28 August 2021 5:44 am
Summary of Today’s Fed Officials Remarks
As investors are closely monitoring developments in the U.S. monetary policy, the Federal Reserve is gradually preparing markets for the beginning of tapering and the move from easing towards policy normalization. The first sign was when the Fed said that it would halt purchases of corporate bonds, then a clearer …
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28 August 2021 1:27 am
Gold Scores Third Straight Weekly Gain and Biggest in Three Months
Gold prices rose on Friday to finish their best week since late May after remarks by the Federal Reserve Chairman Jerome Powell only assured what we know from the FOMC July meeting minutes that the central bank sees tapering before the end of the year. The yellow metal’s front-month contracts …
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28 August 2021 12:25 am
European Stocks Extend Weekly Gains
European stocks finished higher on Friday, extending the fifth weekly rise in six weeks, with a relative improvement in risk appetite. The STOXX Europe 600 index increased 2 points, or 0.42%, to close at 472.34 points. The pan-European index closed the week higher by or 0.75%, maintaining a month-to-date rise …
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27 August 2021 9:47 pm
Powell Message Shows Clear Direction Mixed with Uncertainty on Inflation
The U.S. Federal Reserve could start cutting the monthly asset purchases this year, but would not rush raising interest rates, Chairman Jerome Powell said on Friday, in his speech to the Jackson Hole Economic Symposium. Powell explained that the American economy has made substantial further progress toward the Fed’s price …
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27 August 2021 7:05 pm
Dollar Drops Following Powell’s Remarks
The U.S. Dollar (USD) declined on Friday, minutes after Federal Reserve Chairman Jerome Powell publicly said that he thinks tapering could begin before the end of the year. Powell’s remarks at the Jackson Hole economic conference reaffirmed what the Fed’s July meeting minutes indicated about a majority of Fed board …
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27 August 2021 6:46 pm
Breaking: Powell Endorses Tapering Before Year-End
U.S. Federal Reserve Chairman Jerome Powell said on Friday that it is likely that scaling back the asset purchases will begin before the end of the year. He did, however, rule out raising interest rates in the near future. Powell was speaking earlier at the annual Jackson Hole Economic Symposium, …
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27 August 2021 4:57 pm
US: Personal Income Rises by 1.1% in July
The US Bureau of Economic Analysis (BEA) reported on Friday that Personal Income expanded by 1.1% in July. This reading came in better than the market expectation of 0.2%. Further details of the report revealed that Personal Spending, which increased by 1.1% in June, rose by 0.3% in the same …
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27 August 2021 4:03 pm
The Dollar Stabilizes Amid Anticipation of Powell’s Speech at Jackson Hole Symposium
The dollar stabilized as investors awaited a highly anticipated speech by US Federal Reserve Chairman Jerome Powell, while analysts now doubt that the central bank chief will hint at a possible date to start reducing asset purchases. The focus of the market this week is on the signals that the …
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27 August 2021 2:47 pm
Gold Rises Above $ 1800 Due to The Decline in The Dollar And Demand For Safe Havens
Gold prices rose above the psychologically important level of 1,800 dollars on Friday, supported by demand for safe havens and the decline of the dollar, before a speech by the President of the US Central Bank will be examined for indications of reducing stimulus. Spot gold rose 0.6% to $1,802.39 …
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27 August 2021 1:16 pm
Powell’s Jackson Hole Speech: Powell Unlikely to Fire Starting Pistol For Tapering
The Kansas City Fed announced it would host its 2021 Economic Policy Symposium, “Macroeconomic Policy in an Uneven Economy,” virtually on Friday, Aug. 27. The Federal Reserve Bank of Kansas City’s Economic Policy Symposium in Jackson Hole, Wyo., is one of the longest-standing central banking conferences in the world. The …
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27 August 2021 12:51 pm
European Shares Decline Ahead of a Speech by The President of The US Federal Reserve
European shares fell ahead of a speech due to be delivered by Federal Reserve Chairman Jerome Powell. The pan-European STOXX 600 index fell 0.2% in early trading, with the travel and leisure and banking sectors leading the declines, after they achieved gains for most of the week. Investors are focused …
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