Gold prices rallied during the mid-North American session on Wednesday, bolstered by a decline in US Treasury yields and a disregard for recent US Dollar strength. Anticipations of interest rate cuts by major central banks, fueled by soft inflation data, weighed on bond yields and propelled the non-yielding metal. As …
Read More »U.S. Stock Futures Rebound Ahead of Tesla Earnings, Fed Speakers in Focus
U.S. stock index futures rose on Tuesday, recovering some ground after a sharp sell-off in the previ…
Oil Prices Rebound After Monday Slump, But Tariff and Fed Uncertainty Linger
Oil prices climbed on Tuesday, recovering from the prior session’s sharp losses as traders closed sh…
Bitcoin Edges Higher on Strategy Buy, But Market Cautious Amid Trump-Fed Rift and Tariff Tensions
Bitcoin rose modestly on Tuesday, extending gains from a holiday-fueled rally that was driven by a s…
European Markets Open Cautiously Post-Easter as Fed Uncertainty and Trade Tensions Grip Global Investors
European equity markets reopened Tuesday to cautious trading, reflecting investor unease over rising…
Gold Prices Hit Fresh Record High Amid Fed Shakeup Fears and U.S.-China Trade Tensions
Gold soared to another all-time high in early Asian trading on Tuesday, as geopolitical anxiety and …
These Assets Could Be Most Impacted If Trump Decides To Fire Fed Chair
This report examines whether a Federal Reserve Chair has ever been fired by a U.S. president, analyz…
US Dollar Plummets to Three-Year Low Amid Fed Independence Fears
The US Dollar Index (DXY) is reeling near 98.50, marking a three-year low after a sharp decline on M…
Bitcoin Rallies 2% to $86,955: Whale Accumulation and Predictions Signal Volatility Ahead
Bitcoin is riding a wave of bullish momentum, trading at $86,955 with a 2% gain as of April 21, 2025…
Tech and Media Stocks Tumble Amid Tariff Fears and Economic Uncertainty
Wall Street kicked off the week with sharp declines, as tariff uncertainties and economic concerns r…
USD/CAD Price Analysis: Political Pressures Weigh on US Dollar
The USD/CAD currency pair is experiencing downward pressure, hovering around the 1.3800 level as the…
Market Analysis
October, 2024
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17 October 2024 1:15 am
EUR/USD Retreats Ahead of ECB Rate Cut
EUR/USD Plummets Ahead of ECB Rate CutThe Euro is under significant pressure, pushing EUR/USD to multi-week lows as investors anticipate a rate cut from the European Central Bank (ECB). The ECB is widely expected to reduce its interest rates by 25 basis points on Thursday, a move that could further …
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17 October 2024 12:34 am
Pound Sterling Plunges on UK Inflation Surprise
Pound Sterling suffered a significant decline following the release of UK inflation data for September. The unexpected slowdown in price growth has fueled speculation that the Bank of England (BoE) might reconsider its monetary policy stance and opt for a rate cut at its upcoming meeting.The GBP/USD pair plummeted to …
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16 October 2024 11:31 pm
USD/CAD Gains as Fed Rate Cut Expectations Persist
The US Dollar (USD) strengthened against the Canadian Dollar (CAD) on Thursday, with USD/CAD trading near 1.3755. The market is increasingly betting that the Federal Reserve (Fed) will implement a series of modest interest rate cuts in the coming months.The Fed’s dovish stance, coupled with geopolitical tensions and US election …
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16 October 2024 10:19 pm
What is behind WTI’s Recent Price Decline
The confluence of geopolitical, economic, and supply-demand factors has driven WTI prices to a two-week low. While the immediate catalyst was Israel’s pledge to avoid targeting Iran’s oil facilities, the broader context reveals a complex interplay of forces shaping the global crude oil market.Geopolitical TensionsIran’s Nuclear Program: The ongoing tensions …
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16 October 2024 9:39 pm
The ECB’s Rate Cut and Global Economic Outlook
The European Central Bank (ECB) is poised to deliver its third interest rate cut of the year at its meeting this Thursday, as policymakers signal that inflation risks are easing more rapidly than anticipated. Markets have already factored in a 25 basis point reduction and are even speculating about a …
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16 October 2024 8:34 pm
Yen Weakens Following Bank of Japan Comments
The Japanese yen continued its downward trend from the start of trading on Wednesday, influenced by statements from the Bank of Japan suggesting a tendency among Japanese monetary authorities to delay raising interest rates, which could add upward momentum to the Japanese currency.The dollar/yen pair rose to 149.67 compared to …
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16 October 2024 3:28 pm
Oil Prices Steady Amid OPEC+ Cuts and Middle East Uncertainty
Oil prices stabilized on Wednesday as OPEC+ production cuts and ongoing uncertainty in the Middle East balanced out a weakening demand outlook and expectations of ample supply in 2024. Brent crude oil futures inched up by 16 cents (0.2%) to $74.41 a barrel, while U.S. West Texas Intermediate (WTI) crude …
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16 October 2024 2:02 pm
European Tech and Luxury Stocks Slump Amid Disappointing Earnings and ECB Caution
European tech and luxury stocks took a hit on Wednesday following weak earnings reports from key players like ASML and LVMH, adding to market jitters ahead of the European Central Bank’s (ECB) upcoming policy decision. The STOXX 600 index fell by 0.3%, pulling back further from a recent two-week high. …
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16 October 2024 12:41 pm
U.S. Dollar Strengthens on Expectations of Modest Fed Rate Cuts, While Sterling Weakens on Inflation Data
The U.S. dollar advanced on Wednesday, hovering near two-month highs as market expectations of modest Federal Reserve rate cuts supported the currency. Meanwhile, the British pound saw a significant drop after inflation data suggested a softer economic outlook. Dollar Gains Amid Adjusted Rate Cut Expectations The Dollar Index, which measures …
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16 October 2024 10:05 am
Bitcoin Surges Amid Hopes for U.S. Regulatory Reforms and Increased Inflows
Bitcoin’s price climbed on Wednesday, nearing a 2-½ month high, fueled by optimism that the 2024 U.S. elections could bring more favorable regulations for cryptocurrencies. The digital asset has also benefited from improving capital inflows, adding momentum to its upward trend. The world’s largest cryptocurrency appears to have broken free …
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16 October 2024 10:04 am
Gold Prices Steady Near Record Highs Amid Fed Rate Cut Speculation
Gold prices remained steady near record highs during Asian trading on Wednesday, recovering some recent losses as traders continued to bet on further interest rate cuts by the U.S. Federal Reserve. After hitting record highs in September, gold has since traded within a narrow range of $2,600 per ounce, with …
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16 October 2024 2:42 am
Is Bitcoin Eying Significant Breakout?
Analysis indicates a lack of demand-side pressure within the current Bitcoin price range. The Binary CDD metric, which measures the expenditure of holding time, reveals that long-term investors remain relatively inactive. This suggests that investor attention and new demand inflows have not seen a significant resurgence year-to-date.The lack of demand …
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