The Turkish lira fell after record highs over five days, disregarding the messages of reassurance from the government. The currency fell 6.2% to 11.3399 per dollar, on a weak trading day, and since the beginning of the year, the lira has lost 34% of its value, which is the largest …
Read More »Gold Extends Losing Streak as Rate Fears and Strong Dollar Weigh
Gold prices fell for a tenth consecutive session in Asian trading on Tuesday, as investors continued…
Oil Rebounds Sharply as Iran Denies Talks, Supply Risks Intensify
Oil prices surged in Asian trading on Tuesday, rebounding strongly after the previous session’s stee…
Hormuz Shock: The Iran War Tightens the Screws on China’s Economy
Since the war with Iran erupted on February 28, China has found itself confronting a new wave of eco…
The Dollar Stumbles as the War Drums Go Quiet
A sudden pause in conflict sends the world’s reserve currency tumbling as investors rush back into r…
War Shockwaves: Global Markets Reshape as Energy and Defense Surge
Since the outbreak of the war involving Iran on February 28, 2026, global financial markets have ent…
Bitcoin Whipsaws as Middle East Tensions Rattle Markets
The price of Bitcoin experienced intense volatility on Monday as geopolitical tensions in the Middle…
Markets Soar as Trump Signals Pause in U.S.-Iran Conflict Stocks Surge on Hopes of De-escalation
Global stock markets surged Monday after President Donald Trump announced a temporary halt to planne…
WTI Slides Below $100 as Trump Delays Strikes on Iran
Crude oil plunged sharply on Monday, with West Texas Intermediate (WTI) falling nearly 9% to dip bel…
Gold Surges from Year-to-Date Lows as Tensions Ease in the Middle East
Gold rebounded sharply on Monday, recovering from a steep decline that had pushed prices to their lo…
Silver on the Edge Amid Global Turmoil
Silver has had a turbulent week, falling sharply from around $96 to $65 per ounce, as geopolitical t…
Market Analysis
December, 2021
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27 December 2021 3:17 pm
European Shares Decline in Limited Rrading
European shares fell in limited trading due to the Christmas holiday on Monday as risk appetite was hit after the mutant Omicron led to a spike in COVID-19 cases globally. The pan-European Stoxx 600 index fell 0.2 percent after Asian shares were mixed. Banks and technology stocks were among the …
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27 December 2021 2:23 pm
Market Drivers – Asian Session 27-12-2021
Japanese stocks closed lower on Monday with SoftBank Group leading losses as concerns over the fallout from the mutated Omicron from the coronavirus outweighed the positive impact of gains in technology heavyweights. The Nikkei index fell 0.37 percent to close at 28,676.46 points, while the broader Topix index fell 0.45 …
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27 December 2021 1:25 pm
Japanese Stocks Close Lower on Omicron Fears
Japanese stocks closed lower on Monday with SoftBank Group leading losses as concerns over the fallout from the mutated Omicron from the coronavirus outweighed the positive impact of gains in technology heavyweights. The Nikkei index fell 0.37 percent to close at 28,676.46 points, while the broader Topix index fell 0.45 …
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27 December 2021 11:37 am
Oil Prices Fluctuated And US Crude Fell
Oil prices were mixed on Monday, with Brent crude rising, while US crude futures fell after airlines canceled thousands of flights in the United States over the Christmas holidays amid a surge in Covid-19 infections. US West Texas Intermediate crude futures fell 41 cents, or 0.6 percent, to $73.38 a …
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27 December 2021 10:30 am
Gold Prices Settled After The Decline in US Treasury Yields
Gold prices stabilized on Monday above the key level of 1,800 dollars an ounce, while a slight decline in US Treasury yields was offset by a rise in the dollar. Spot gold rose 0.1% to $1,809.95 an ounce and has mostly remained above $1,800 since closing above that level for …
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27 December 2021 9:32 am
Weekly Recap 20 – 24 Dec.
The financial markets closed the trading week ending on December 24, with the progress of risk assets, led by global stocks, over the rest of the safe-haven assets, led by the US dollar. Over that week, the main drivers of the markets were the economic data and positive developments regarding …
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25 December 2021 5:36 am
Market Drivers – US Session – 24-12-2021
Gold rose for the second successive week and finished slightly below $1810 after rebounding from $1783. It was unable to hit fresh monthly highs.The precious metal continued to improve its outlook, with a close above the 55-week simple moving average. The upside continues to face resistance around $1810/15. A break …
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24 December 2021 11:53 pm
Why IMF’s Worries About Cryptocurrencies
The International Monetary Fund is concerned about cryptocurrencies, chiefly because the promising market is growing at a noteworthy pace and regulation is not coping with such a pace.The total market value of all crypto assets surpassed USD 2 trillion in September this year, representing a 10-fold jump from levels seen …
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24 December 2021 10:44 pm
Latest inflation Wave Worst Obstacle Ahead US Economic Recovery
Over the course of a year, consumer prices rose by 5.7%, the fastest surge of inflation seen in decades. Now, the omicron variant of COVID-19 is threatening any progress the country’s economy has made.In the late 1970s when inflation surged to 7, 8, 9, up to 11%, it was a …
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24 December 2021 8:47 pm
EUR/USD Above 1.1300 Ahead Of Christmas Eve
The shared currency losses against the US dollar but remains above the 1.1300 figure. EUR/USD price is barely down late in the European session, trading at 1.1318. As US markets as a whole remain closed on Christmas eve, the market sentiment is positive. On Friday, the US dollar benefits from …
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24 December 2021 8:40 pm
European Stocks Close Mixed On Christmas Eve
The European stock markets closed mixed on Christmas Eve with the French CAC easing 0.1% from 5-week highs.The Dutch AEX flat around 2-week highs and the UK’s FTSE 100 finishing 0.2% up around 21-month highs amid thin trading volumes and as investors were monitoring developments around omicron coronavirus variant and …
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24 December 2021 7:35 pm
Bitcoin Surges Above USD 50000 In Holidays Week
Bitcoin moved above $50,000 for the first time since 13 December though the cryptocurrency trading on Friday around USD 50870.90, continued to take investors on a roller coaster ride in 2021.One thing that stood out was how crypto went mainstream. The biggest change was El Salvador becoming the first country …
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