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The New York Stock Exchange (NYSE) closed lower on Thursday, as Treasury bond yields maintained their upward trend as the Federal Reserve expected inflation to exceed 2% this year. Rising yields increased pressures on tech stocks, while the continuous decline in oil prices left its toll on energy companies. The …
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12 February, 2025 11:14 pm
Wall Street’s Latest Earnings Season: A Story of Two Realities
US companies have delivered a robust earnings season, exceeding expectations and demonstrating signi…
12 February, 2025 10:22 pm
Rate Cuts Sharply Dimmed Following Hot CPI Report, Powell’s Hawkish Rhetoric
Expectations for Federal Reserve interest rate cuts have taken a significant hit following the relea…
12 February, 2025 9:35 pm
Pound Sterling Under Pressure: US CPI Data Triggers Dollar Rally
The GBP/USD fell below 1.2400 after stronger-than-expected US inflation data was released. The pair …
12 February, 2025 8:26 pm
Powell Testimony Live: Will Recent Inflation Data Impact the Fed’s Plans
Jerome Powell, Chairman of the U.S. Federal Reserve (Fed), testifies once again on the semiannual Mo…
12 February, 2025 7:18 pm
US Consumer Price Inflation Exceeds Market Expectations
US consumer price index (CPI) readings for January showed a higher-than-expected increase, driven by…
12 February, 2025 5:23 pm
Oil Prices Decline as U.S. Crude Stockpiles Rise and Powell Signals Cautious Rate Cuts
Oil prices fell on Wednesday, ending a three-day winning streak, as data showed a sharp rise in U.S.…
12 February, 2025 3:16 pm
U.S. Futures Edge Lower Ahead of Key Inflation Report
U.S. stock index futures dipped slightly on Wednesday as investors awaited a crucial consumer inflat…
12 February, 2025 12:56 pm
European Stocks Rise Cautiously Ahead of U.S. Inflation Data
European stock markets edged higher on Wednesday, as investors awaited the latest U.S. inflation rep…
12 February, 2025 11:51 am
Dollar Pauses Tariff-Driven Rally Ahead of U.S. Inflation Data
The U.S. dollar retreated slightly on Wednesday as traders awaited key U.S. inflation data and updat…
12 February, 2025 11:07 am
Gold Retreats from Record Highs as Powell Signals No Rush for Rate Cuts
Gold prices pulled back from record highs in Asian trading on Wednesday, pressured by rising Treasur…
Market Analysis
March, 2021
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19 March 2021 2:18 am
Gold Recovers from Earlier Losses and Finishes Higher
Gold prices rose on Thursday, recovering from their losses earlier in the session due to the rise in Treasury bond yields, supported by the recent expectations of the Federal Reserve. The surge in Treasury yields, which were fueled by expectations of a rise in inflation above 2% this year and …
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19 March 2021 1:11 am
Morgan Stanley to Include Bitcoin in Wealth Management Services
Morgan Stanley became the first major bank in the United States to offer Bitcoin funds among its wealth management services, CNBC first reported. The decision reportedly follows on clients’ demand to invest in the cryptocurrency, which recently surged to new record highs supported by increased institutional demand. The new option …
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19 March 2021 12:08 am
European Stocks Close Higher and Germany’s DAX Hits New Record High
European stocks closed higher on Thursday, supported by the U.S. Federal Reserve vowing to maintain the low interest rates and expecting strong economic growth this year. The STOXX Europe 600 index finished higher by 0.46% at 426.87, nearing its record high of 433.90, which was recorded on February 19, 2020. …
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18 March 2021 10:21 pm
U.S. Mortgage Rates Rise for Fifth Week in Row
Mortgage rates in the United States continued to rise for the fifth consecutive week, reaching their highest level since June of last year, Bloomberg reported, citing data by Freddie Mac released on Thursday. The average 30-year mortgage rate reached 3.09%, compared with 3.05% in the previous week. It is worth noting …
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18 March 2021 10:07 pm
U.S. Treasury Yields Surge Above 1.7%
Treasury bond yields in the United States surged on Thursday, after the Federal Reserve expected inflation to exceed 2% this year in its policy statement released yesterday. The benchmark 10-year Treasury bond yield rose to 1.75% earlier in today’s session, reaching its highest level since January 24, 2020. Now the …
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18 March 2021 9:07 pm
BoE Maintains Interest Rates Unchanged
The Bank of England (BoE) has decided to hold interest rates unchanged, maintaining its main rate at 0.10% in the Monetary Policy Committee (MPC) on Thursday. MPC members voted unanimously for the decision, and also kept the current pace of the quantitative easing (QE) program at GBP 895 billion, which …
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18 March 2021 7:19 pm
U.S. Natural Gas Inventories Down 11 bcf
Natural gas inventories in the United States decreased by 11 billion cubic feet (bcf) last week, according to the weekly report released on Thursday by the U.S. Energy Information Administration (EIA). Working natural gas in storage reached 1,782 bcf as of Friday, March 12, the report showed. Gas stockpiles were …
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18 March 2021 6:23 pm
Currencies Overview: A Jump in Yields Raises The Dollar After Faltering Following The Fed’s Comments
Rising US bond yields boosted the dollar on Thursday, March 18th, helping it recover from its lowest level in two weeks after the US Federal Reserve dispelled speculation of an interest rate hike. And 10-year US Treasury bond yields recorded their highest levels in 13 months in early London trade, …
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18 March 2021 5:41 pm
US: Weekly Initial Jobless Claims Rise to 770K
There were 770,000 initial claims for unemployment benefits in the US during the week ending March 11, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 725,000 (revised from 712,000) and missed the market expectation of 700,000 by a …
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18 March 2021 5:22 pm
Canada: ADP Employment Change Drops to -100.8K in February
Private sector employment in Canada decreased by 100,800 jobs from January to February, the ADP Research Institute revealed in its monthly report on Thursday. On a positive note, January’s print got revised up to -65,800 from-231,200.
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18 March 2021 4:38 pm
BoE Leaves Rate and QE Unchanged as Expected
The Bank of England’s (BoE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.10% at its March policy meeting and kept the Asset Purchase Facility steady at £895 billion as widely expected.
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18 March 2021 3:28 pm
Turkey’s Central Bank Raises Interest Rates
The Turkish central bank issued the interest rate decision today, and expectations are that the bank will raise the interest rate again, to 18%. The central bank raised the interest rate to 19%, which is higher than expectations, to increase confidence in the independence of the bank’s decisions.
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