Gold prices rose on Tuesday, despite the rise of the U.S. Dollar (USD) across the board, with investors tempted by the relatively low levels that the yellow metal has reached following recent declines. Gold front-month futures closed higher by $5.40, or 0.31%, at $1,728.8 per ounce. This market the largest …
Read More »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…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Market Analysis
August, 2021
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11 August 2021 12:22 am
Dow Closes at Record High after Senate Passes Infrastructure Bill
U.S. stocks rose on Tuesday with the Dow and S&P 500 indices closing at new record highs after the Senate passed a $1 trillion infrastructure bill. Wall Street investors are seemingly optimistic about the prospects for increased public expenditure on infrastructure and public services, as it could create many jobs …
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11 August 2021 12:03 am
Robinhood to Make First Acquisition since IPO
Robinhood announced that it has agreed to purchase Say Technologies shares in a $140 million deal. The trading platform company’s stock is down for the day by about 4.72% at $54.15. The acquired communication platform provides investors with engaging features such as voting, viewing documents, management, and follow-up tools. The …
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10 August 2021 11:50 pm
U.S. Senate Passes Mega Infrastructure Spending Bill
The United States Senate has officially passed a bipartisan infrastructure bill on Tuesday with investments of about $1 trillion. The bill represents a major pillar in the economic agenda of the Democratic Party that enjoys a majority in both chambers of Congress and that of the Joe Biden administration, with …
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10 August 2021 10:00 pm
European Stocks Log Record Closing Level
European stocks finished higher on Tuesday, logging another record-high closing level and maintaining an upward record-breaking rally for the seventh consecutive session. The STOXX Europe 600 index added 1.64 points or 0.35% and hit a record 472.32 points. The UK’s FTSE100 gained 0.40%, the German DAX rose by 0.16%, while …
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10 August 2021 8:28 pm
U.S. Treasury Yields Edge Higher Ahead of Vote on Infrastructure Bill
U.S. Treasury bond yields leveled up on Tuesday, with markets anticipating congressional approval for a massive infrastructure spending bill. The benchmark 10-year Treasury bond yield is near 1.34% up from 1.316% in earlier traded yesterday, while the 30-year Treasury bond yield is at 1.985%, compared with 1.962% on Monday. Meanwhile, …
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10 August 2021 8:08 pm
Wall Street Mostly Lower in Early Trades
The main indices of the New York Stock Exchange (NYSE) rose in early Tuesday trade, after closing mostly lower in the first session of the week. Positive earnings reports and anticipation for passing a massive infrastructure spending bill by Congress are providing support for Wall Street, despite concerns about the …
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10 August 2021 4:35 pm
The US Senate Will Vote on The Infrastructure Bill Later Today
The US Senate set a vote on Tuesday on passing a bipartisan $1 trillion infrastructure bill that is one of President Joe Biden’s top priorities and then will immediately begin debating a far-reaching $3.5 trillion bill. In this regard, Senate Majority Leader Chuck Schumer announced late Monday that a week-long …
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10 August 2021 3:44 pm
Currencies Overview: The Dollar Hits a 4-Month High Against The Euro
The dollar hit a four-month high against the single European currency on Tuesday after strong US jobs data boosted expectations that the Federal Reserve will begin to scale back its massive asset purchase program. Analysts said that the dollar could be supported by higher US bond yields as the likelihood …
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10 August 2021 2:48 pm
Oil Recovers From a 3-Week Low
Oil prices rose more than one percent, offsetting some of the losses incurred in the previous session when prices hit their lowest level in three weeks, but the gains were likely limited by fears that the rise in Covid-19 cases and the imposition of restrictions in China will negatively affect …
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10 August 2021 1:46 pm
German ZEW Economic Sentiment Index Drops Sharply to 40.4 in Aug
The German ZEW headline numbers for August showed that the Economic Sentiment Index dropped more than expected to 40.4 from 63.3 previous while missing estimates of 56.7. Meanwhile, the Current Conditions sub-index slipped to 29.3. in August as against 21.9 recorded in the previous month and 30.0 expectations.
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10 August 2021 1:17 pm
Travel And Tourism Sectors Push European Shares to a Record Peak
European shares hit a record high Tuesday, August 10, extending gains for the seventh consecutive session, boosted by travel and leisure companies as investors welcomed reports of strong results. The STOXX 600 index of European shares rose 0.2%, hitting an all-time high of 471.67 points. The travel and entertainment sector …
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10 August 2021 12:31 pm
Japanese Stocks Close Higher Thanks to Corporate Results And Persistent Delta Concerns
Japanese stocks closed higher as corporate results continued to have a positive effect, but gains were limited by fears of a fast-spreading delta strain. The Nikkei index closed up 0.24% at 27,888.15 points, after hitting a mid-July peak of 28,128.61 points earlier. The broader Topix index rose 0.36% to 1936.28 …
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