The dollar’s march towards a 3-1/2-month high was halted on Tuesday, July 27th as risk appetite weakened, while the Australian dollar suffered from further tightening of regulation in China. The dollar index recorded 92.73, approaching the highest level since early April, 93.19, which is recorded on July 21. The dollar …
Read More »Bitcoin Prices Drop Amid Middle East Tensions and Risk-Off Sentiment
Bitcoin prices tumbled on Friday, as escalating tensions in the Middle East, following Israel’s larg…
European Stocks Drop as Israel Strikes Iran, Crude Prices Surge
European stocks took a sharp downturn on Thursday, while crude oil prices surged, following Israel’s…
Asian Equity Markets Fall as Israel-Iran Tensions Rise and Trade Concerns Persist
Asian equity markets saw sharp declines on Friday as escalating tensions in the Middle East, followi…
Oil Prices Surge as Israel Strikes Iran
Oil prices surged in Asian trading on Friday after Israel launched a major pre-emptive strike on Ira…
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…
Market Analysis
July, 2021
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27 July 2021 1:51 pm
Oil Prices Stabilize Amid Tight Supply And High COVID-19 Cases
Oil prices stabilized on Tuesday, July 27, as investors bet that tight supply and growing vaccination rates would ease demand from the rise in Covid-19 cases around the world. Brent crude futures were up one cent at $74.51 a barrel. And US intermediate crude contracts fell eight cents, or 0.1%, …
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27 July 2021 1:16 pm
Hong Kong’s Hang Seng Down 4% as Chinese Technology Stocks Continue to Fall
Shares in the Asia-Pacific region were mixed in trading Tuesday, July 27, as several major Chinese technology stocks in Hong Kong remained under pressure after falling on Monday. Hong Kong’s Hang Seng fell 4.64% in afternoon trade, after falling more than 4% on Monday on the back of regulatory concerns …
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27 July 2021 12:26 pm
China’s Industrial Profits Slow in June as Raw Material Prices Rise
Earnings growth for industrial firms in China slowed for the fourth consecutive month, as higher raw material prices squeezed factory margins, suggesting some weakness in the world’s second-largest economy’s recovery. Profits of industrial companies rose 20% year on year in June to 791.8 billion yuan, or about $122.27 billion, according …
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27 July 2021 11:38 am
Amazon Denies Accepting Bitcoin
Amazon has denied reports that it accepts payments in cryptocurrency and bitcoin. There was news about the company opening jobs on blockchain development, accepting cryptocurrencies as a form of payment. The cryptocurrency rose strongly to the psychologically important level of $40,000, but the company quickly denied this news, dropping Bitcoin …
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27 July 2021 11:15 am
Cadence Design: Revenue Beat Expectations in Q2
Cadence Design’s second-quarter earnings report beat analyst expectations. The report was released on Monday and the company posted revenue that beat expectations. Earnings per share were $0.86 while revenue was $728.3M.
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27 July 2021 10:33 am
Tesla: Revenue Beat Expectations in Q2
Tesla Inc reported second-quarter earnings that beat analyst expectations. The report was released on Monday and the company posted revenue that beat expectations. Earnings per share were $1.45 while revenue was $11.96B. Market surveys from Investing.com had expected earnings per share of $0.9364 and earnings per share of $11.53B. Also, …
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27 July 2021 7:59 am
Amazon Negates Bitcoin Rumors as Bezos Focuses on the Moon
Amazon has reportedly denied on Monday recent news about a plan to begin accepting Bitcoin as payment by the end of 2021, according to Reuters. Now thought-to-be fake reports by British media regarding Bitcoin acceptance by Amazon led to a huge surge in cryptocurrency to levels not seen in about …
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27 July 2021 7:40 am
Dollar on a Slide and Wall Street Rise Ahead of Fed Meeting
The Dollar Index (DXY) finished Monday on a lower note, amid anticipation for the upcoming policy meeting by the U.S. Federal Reserve. The index, which measures the performance of the U.S. Dollar (USD) against a basket of six major international currencies settled at 92.649, losing 0.28% on a daily basis, …
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27 July 2021 5:57 am
U.S. Plans to Keep Travel Restrictions due to Delta Variant Concerns
The United States plans to maintain current travel restrictions due to concerns about the spread of the novel coronavirus (COVID-19) Delta variant with a rising number of cases, Reuters reported. The move that was reportedly confirmed by the White House on Monday could leave a negative impact on the airline …
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27 July 2021 5:51 am
Oil Recovers from Most Losses amid Positive Expectations
Oil prices recovered from most of its earlier losses on Monday, but showed a mixed performance, with continuous concerns about recovery and the sustainability of production policies. However, most expectations are leaning towards a tight supply until the end of the year. In addition, markets are focusing on the coming …
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27 July 2021 1:26 am
U.S. Treasury Bond Yields Stabilize Ahead of Fed Meeting
Treasury bond yields on the United States stabilized on Monday, amid anticipation fort the upcoming Federal Open Market Committee (FOMC) meeting by the U.S. Federal Reserve. The monetary policy meeting takes place on Tuesday and Wednesday. Todays’ stability in Treasury yields after last week’s fluctuations, is due to relatively reduced …
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27 July 2021 1:15 am
Gold Finishes at Lowest Level in Three Weeks
Gold prices finished below $1,800 and fell to its lowest level in about three weeks, amid anticipation fort the upcoming Federal Open Market Committee (FOMC) meeting by the U.S. Federal Reserve. The policy statement, which is set to be released on Wednesday, will set the tone for markets in terms …
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