The USD/CAD pair has seen two-way trade on Monday but is now back under 1.2700 as risk appetite improves. While geopolitics will be a key determinant of USD/CAD sentiment going forward, this week’s data calendar is also very busy.Highlights include the BoC rate decision on Wednesday, Fed Chair Powell’s testimony …
Read More »Dollar Arrests 4-Day Slide as Markets Freeze Ahead of Warsh’s Fed Debut: Iran Deal Shifts Focus to Central Bank Trajectories
Key Takeaways Dollar stabilizes: The DXY traded largely flat at 99.55 — near a 10-day low — ending i…
UK Inflation Holds at 2.8% in May, Beating Forecasts: Iran Peace Deal Sparks Hopes of Peak Passing as BoE Holds Tomorrow
Key Takeaways CPI steady at 2.8%: UK inflation was unchanged from April’s 13-month low — well …
Gold Pauses After Four-Day Rally as Fed Decision Looms: World Gold Council Survey Shows Central Banks Buying More
Key Takeaways Gold steadies: Spot gold edged down 0.1% to $4,327.56 per ounce, while gold futures ti…
Oil Falls for Fifth Straight Session to March Lows: Iran Deal Supply Wave Looms as API Flags Massive 8.3M Barrel Draw
Key Takeaways Five-day losing streak: Brent fell 0.9% to $78.23 per barrel, while WTI slipped 1.2% t…
Euro Holds Firm Despite Headwinds as Strong German Data Limits Losses
The euro remained resilient against the U.S. dollar on Tuesday, supported by encouraging economic da…
Pound Sterling Gains Ground Against U.S. Dollar as Risk Appetite Improves
The British pound strengthened against the U.S. dollar on Tuesday as improving investor sentiment re…
Fed Set to Hold Rates, but Warsh Holds the Spotlight As Wall Street Awaits What’s Beyond Interest Rates
The Federal Reserve’s June meeting is shaping up to be one of the most closely watched policy …
PayPal Enters Oversold Territory, but Is It a Genuine Buying Opportunity?
Amid continued volatility across the fintech sector in 2026, PayPal (PYPL) has emerged as one of the…
What Trump Heard from Carney About Chinese EVs—and Why It Matters
A seemingly casual exchange between the Canadian prime minister and U.S. President Donald Trump has …
Resilient but Not Relaxed: Europe Faces Its Next Economic Test
Europe’s growth holds firm as inflation risks refuse to fade. As geopolitical tensions show signs of…
Market Analysis
February, 2022
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28 February 2022 9:31 pm
Could Uncertainty Impact Tuesday’s RBA Policy Decision?
The Reserve Bank of Australia will have its monthly board meeting on Tuesday under thick uncertainty clouds on the backdrop of the escalating assaults and geopolitical tensions in eastern Europe.Economists expect Russia’s invasion of the Ukraine will have minimal impact on the Australian economy. There are expectations that while higher …
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28 February 2022 8:54 pm
Canadian Dollar Slips As West Escalate Russia’s sanctions
The Canadian dollar weakened against its US counterpart on Monday as the West imposed tougher sanctions against Russia over its Ukraine invasion and domestic data showed that the current account balance returned to a deficit in the fourth quarter.The safe-haven US dollar climbed and world stocks slid as new sanctions …
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28 February 2022 8:46 pm
Consultations Follow First Round Of Russia-Ukraine Peace Talks
Peace talks between Russia and Ukraine on Monday to bring about a ceasefire to the ongoing conflict in Ukraine have ended.Russian state media quoted a Ukrainian official saying that delegates from the respective countries will return to their capitals before embarking on a second round of talks, the Ukrainian official …
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28 February 2022 8:42 pm
Fed’s Bostic Supports 25 bps Hike At March Meeting
Atlanta Fed President Raphael Bostic said on Monday that the Fed needs to be “forceful and committed” in getting inflation under control, as reported by Reuters.Key Comments:“For now, inflation expectations in longer-term haven’t moved in a significant way.”“Labor supply is a huge problem.”“Until pandemic is over, there will be effects …
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28 February 2022 8:16 pm
WTI Supported Amid Potential Supply Disruptions
Although oil prices retreated from earlier highs as markets await the outcome of Ukraine-Russia talks and traders hope that a ceasefire could materialize, front-month WTI futures remain well underpinned in the $95.00 territories. At current levels in the $96.00s, WTI is trading with on-the-day gains of over 4.0% or more …
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28 February 2022 7:52 pm
Russia’s Sanctions Keep Investors On Alert
Asian markets closed today’s trading up across the board, with the exception of Hong Kong’s Hang Seng, which edged down 0.24% while Japan’s Nikkei rose 0.19%, China’s Shanghai Composite gained 0.32%, India’s Sensex advanced 0.70%, and South Korea’s KOSPI finished trading up 0.84%. Taiwan’s equity markets are closed today to …
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28 February 2022 7:05 pm
US Shares Await Further Gains Despite Geopolitical Concerns
Geopolitical tensions between Russia and the West, including the Ukrainian crisis, have greatly escalated during last week. Although the current crisis will likely mark the inauguration of a new security formula for Europe and the United States, economists at Citibank still have confidence in the financial markets. Economists believe that …
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28 February 2022 6:03 pm
Market Drivers – European Session 28-2-2022
Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and cut off certain Russian banks from the global SWIFT system for interbank payments, potentially causing severe disruption to its oil exports. Brent crude rose $4.16, or 4.3 percent, to $102.09, after hitting a high of $105.07 …
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28 February 2022 5:31 pm
Oil Prices Rise as Sanctions Escalate on Russia
Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and cut off certain Russian banks from the global SWIFT system for interbank payments, potentially causing severe disruption to its oil exports. Brent crude rose $4.16, or 4.3 percent, to $102.09 at 0915 GMT, after hitting a …
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28 February 2022 4:33 pm
Toyota Suspends All Domestic Factory Operations Over Suspected Cyber Attack
Toyota Motor Co. said it will suspend all local factory operations on Tuesday, losing production of about 13,000 cars, after a company that supplies it with plastic parts and electronic components was subjected to a suspected cyber attack. No information was available yet on who was behind the attack or …
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28 February 2022 4:23 pm
The Ruble is Falling to Its Lowest Level Ever
The Russian ruble fell nearly 30 percent on Monday, the euro fell nearly 1 percent against the dollar, and demand for the Swiss franc, the Swiss franc and the Japanese yen increased as safe havens after Western countries imposed tough new sanctions on Russia after its invasion of Ukraine. Western …
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28 February 2022 2:20 pm
European Shares Fall 2% After Imposing Tough Sanctions on Russia
European shares fell on Monday as Western countries imposed tough new sanctions on Russia in the wake of its invasion of Ukraine while rising oil prices fueled fears of hyperinflation. By 0810 GMT, the pan-European Stoxx 600 index fell 2.1%, Germany’s DAX 2% and Britain’s Financial Times 0.9%. Crude oil …
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