Europe’s stock markets closed mostly unchanged on Tuesday but maintained an upward trend for the third consecutive session. The STOXX Europe 600 index finished higher by 0.13 points, or 0.03%, at a new record high of 460.96 points. Over the past three sessions, the pan-European index recovered its earlier losses …
Read More »Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand
The Pound Sterling slumped against the US Dollar on June 13, 2025, as heightened Iran-Israel tension…
EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out
European gas markets are tense as the EU tightens methane emissions rules while aiming to end Russia…
USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution
The USD/JPY pair surged above 144.00 on June 13, 2025, so, the pair was trading at 144.14, before st…
Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver
Adobe (ADBE) shares dropped on June 13, 2025, after Q2 earnings beat expectations but drew mixed ana…
Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears
Israeli airstrikes on Iranian nuclear and military sites on June 13, 2025, have fueled fears of a wi…
Consumer Sentiment Surges as Trade Tensions Ease and Inflation Fears Cool
Consumer confidence in the U.S. rebounded sharply in early June 2025, with the University of Michiga…
Trump Urges Iran to Reach Nuclear Deal After Israeli Airstrikes, Fears of Escalating Conflict
U.S. President Donald Trump has called on Iran to agree to a new nuclear deal following Israel’s lar…
U.S. Stock Futures Drop as Israel-Iran Tensions Escalate, Oil Prices Surge
U.S. stock index futures dropped sharply on Friday after escalating tensions in the Middle East, tri…
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…
Market Analysis
July, 2021
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13 July 2021 8:03 pm
Wall Street Mixed Following Inflation Data
The main indices of the New York Stock Exchange (NYSE) that all logged new record highs by the end of the week’s first session are showing a mixed performance on Tuesday, with Wall Street reacting to the release of inflation data. The Dow Jones Industrial Average is marginally down by …
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13 July 2021 5:30 pm
US annual CPI Inflation jumps to 5.4% in June
Inflation in the US, as measured by the Consumer Price Index (CPI), jumped to 5.4% on a yearly basis in June from 5% in May, the data published by the US Bureau of Labor Statistics revealed on Tuesday. Excluding volatile food and energy prices, the core CPI rose 4.5%, the …
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13 July 2021 4:45 pm
Goldman Sachs Reports Earnings Per Share of $15.02 in Q2, 2021
Goldman Sachs Group reported Tuesday, July 13th, a rise in second-quarter 2021 earnings, as the largest Wall Street investment bank benefited from record dealmaking activity globally. Net profit attributable to common shareholders increased to $5.35 billion in the three months ended June 30, compared to $2.25 billion a year earlier. …
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13 July 2021 3:35 pm
Gold Rises Before Today’s Data
Gold rose in Tuesday morning trading in Asia, settling to a one-week low hit during the previous session. While the dollar weakened ahead of US inflation data that could indicate when the US Federal Reserve is likely to start declining assets. Gold futures were also up 0.24 at $1,810.15, dropping …
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13 July 2021 2:44 pm
France Fines Google 500 Million Euros For Intellectual Property Rights
France’s antitrust watchdog has fined Google 500 million euros ($593 million) for failing to fully comply with interim orders in a dispute with news publishers in France. The US tech giant must come up with suggestions within the next two months on how to compensate news organizations and other publishers …
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13 July 2021 1:48 pm
Crypto Assets Saw an Outflow of Capital at The Beginning of H2
Data from digital asset management Coinshares showed on Monday that crypto funds and products saw an outflow of capital at the start of the second half of the year, with an atmosphere of caution continuing amid a summer slump in trading. There were net inflows of $4 million from digital …
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13 July 2021 1:28 pm
IEA: Stalled Talks in OPEC+ May Lead to a Price War in Light of High Demand
Stalled talks among major oil producers about pumping more supplies could deteriorate into a “price war”, the International Energy Agency said Tuesday, July 13, as COVID-19 vaccines drive up crude demand. The agency added that the possibility of a battle for market share threatens markets, even if it is a …
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13 July 2021 12:45 pm
Oil Prices Rise Thanks to an Expected Drop in US Crude Stocks
Oil prices rose on Tuesday, July 13 to compensate for most of the losses it incurred the previous day, as the market received support as a result of tight supplies, along with expectations of more withdrawals from US crude stocks, but fears of the spread of Covid-19 strains curbed the …
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13 July 2021 12:20 pm
The TOPIX Index Closes Near a Month-High
Japanese stocks rose on Tuesday, July 13th, with the broader TOPIX index nearing its highest level in nearly a month, after markets recovered from last week’s sell-off, while a host of corporate results awaited to extract fresh clues about the health of Japan’s economy. The Nikkei index closed up 0.52% …
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13 July 2021 2:04 am
Wall Street Closes at New Record Highs
The New York Stock Exchange (NYSE) finished Monday’s trading with another record-breaking performance amid an improved risk sentiment among Wall Street investors, who are anticipating major economic data led by the reading of the inflation rate, with the Consumer Price Index (CPI) June reading due tomorrow. The Dow Jones Industrial …
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13 July 2021 1:55 am
U.S. Treasury Yields Edge Higher but Remain Subdued
U.S. Treasury bond yields leveled up on Monday, after falling below 1.3% last week, amid anticipation for economic data and more indicators that can reveal the progress on the road to recovery from the Coronavirus pandemic. In addition, investors await the Federal Reserve Chairman Jerome Powell’s testimony before Congress on …
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13 July 2021 12:37 am
Oil Logs First Time After Two Rises
Oil prices posted on Monday the first decline in three sessions due to the rising concerns about the resurgence of the Coronavirus pandemic with the spread of the Delta variant in many parts of the world. Uncertainty about the pandemic and economic recovery is negatively reflecting on the expectations for …
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