The U.S. labor market demonstrated resilience in November as Nonfarm Payrolls (NFP) increased by 227,000, according to the Bureau of Labor Statistics (BLS) report released on Friday. This robust figure surpassed market expectations of 200,000 and significantly outpaced October’s revised gain of 36,000, which had initially been reported as just …
Read More »Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
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…
Market Analysis
December, 2024
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6 December 2024 4:53 pm
Oil Prices Slip Amid Concerns Over Supply Surplus Despite OPEC+ Cuts
Oil prices softened on Friday, reflecting persistent market concerns about a looming supply surplus in 2025, even as OPEC+ extended its production cuts through the end of 2026. Brent crude futures dipped by 0.9%, trading at $71.43 per barrel, while US West Texas Intermediate (WTI) fell 1% to $67.65 per …
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6 December 2024 2:38 pm
US Dollar Marginally Higher Ahead of Jobs Report; Euro Weakens on German Data
The US dollar edged higher on Friday as traders adopted a cautious approach ahead of the release of the US monthly jobs report, while the euro remained under pressure due to weak German industrial data and ongoing political uncertainty in France. At 05:00 ET (10:00 GMT), the Dollar Index, which …
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6 December 2024 1:19 pm
European Shares Flat Ahead of U.S. Payrolls Data; French Political Developments in Focus
European stock markets showed little movement on Friday, as investors awaited the release of U.S. nonfarm payrolls data, a critical factor in shaping Federal Reserve policy expectations for the coming months. Ongoing political shifts in France and South Korea also remained under watch. Market Highlights: STOXX 600: Down 0.04% by …
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6 December 2024 11:28 am
Bitcoin Retreats After Brief Surge Beyond $100,000 Amid Profit-Taking
Bitcoin prices dropped in Asian trading on Friday, reversing gains after a brief rally past the critical $100,000 mark. Profit-taking and investor caution ahead of key U.S. nonfarm payrolls data drove the decline, following optimism over pro-crypto signals from President-elect Donald Trump’s administration. Key Movements: Bitcoin Price: Fell 4.5% to …
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6 December 2024 11:00 am
Gold Prices Edge Up Amid Rate Speculation and Geopolitical Concerns
Gold prices gained modestly during Asian trading hours on Friday, supported by cautious investor sentiment ahead of U.S. nonfarm payrolls data and ongoing geopolitical uncertainties. However, the yellow metal remains subdued due to resilience in the U.S. dollar and mixed signals on future Federal Reserve interest rate policies. Key Market …
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6 December 2024 2:19 am
OPEC+ Delays Output Hike, Oil Prices Dip
Oil prices edged lower on Thursday as investors weighed OPEC+’s decision to extend its production cuts until April 2025 against a projected surplus in global supply for next year. Brent crude futures fell 0.3% to settle at $72.09 a barrel, while U.S. West Texas Intermediate (WTI) crude futures declined 0.35% …
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6 December 2024 1:36 am
Will NFP Data Carry A Perfect Storm for the US Dollar?
The upcoming release of the November Non-Farm Payroll (NFP) report is poised to be a pivotal moment for the US dollar and global financial markets. While consensus estimates point to a modest job growth of 200,000, the market’s focus will be on the underlying trends in wage growth, labour force …
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6 December 2024 12:33 am
Trump Boasts, Assumes Credit for Bitcoin Reaching $100,000
President-elect Donald Trump has wasted no time in claiming credit for the recent surge in bitcoin’s price, celebrating the wealth it has generated for digital asset owners. Early Thursday, Trump took to his Truth Social platform to share his excitement, posting: “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make …
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5 December 2024 11:34 pm
Market Drivers; US Session
The NFP Report: A Market-Moving Event As the NFP report approaches, market participants are likely to remain cautious, and volatile price action can be expected. It is crucial to stay updated on the latest economic news and market developments to make informed investment decisions.The US dollar weakened significantly on Thursday …
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5 December 2024 10:39 pm
Pound Sterling Rises Supported by Construction Sector Data
The Pound Sterling has continued to climb since the start of trading on Thursday, buoyed by improved UK data highlighting progress in the construction sector recently.GBP/USD rose to 1.2755 compared to the previous close of 1.2700 on Wednesday. The pair reached a daily low of 1.2692 against a high of …
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5 December 2024 9:32 pm
EUR/USD Gains Ground Amidst Mixed Economic Signals
The EUR/USD currency pair surged on Thursday, driven by a combination of factors. A weaker-than-expected US jobs report and anticipation of the upcoming Nonfarm Payrolls data fueled the rally. However, political uncertainty in France and mixed Eurozone economic data tempered the Euro’s gains.US Economic Data and Fed OutlookThe US Department …
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5 December 2024 8:26 pm
US Stocks Decline Amid Anticipation of NFP Report
US stocks are declining due to the anticipation of jobs data, considered the most important on the economic calendar for the month, after initial indicators highlighted a slowdown in job growth and a rise in unemployment levels in the United States.The Dow Jones Industrial Average fell to 44,848 points, losing …
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