European Central Bank President Christine Lagarde said on Friday that she expects inflation to begin to slow from January.“We will take action if it becomes necessary, she added, before stating that, under the current conditions, she also expects the Eurozone will no longer need net bond purchases under the PEPP …
Read More »Wall Street Futures Slide as Nvidia Pullback and Inflation Jitters Darken Week’s End
U.S. stock index futures fell on Friday, signaling a cautious close to the week as renewed pressure …
European Stocks Tread Water as Earnings Deluge Nears End, Inflation Data in Focus
European equities traded cautiously on Friday, as investors weighed a fresh batch of corporate earni…
Bitcoin Slips Again as Risk Aversion Bites, Crypto Heads for Fifth Straight Month of Losses
Bitcoin fell on Friday, halting a brief rebound from midweek lows as fragile risk appetite continued…
Gold Set for Strong February Finish as Geopolitical Tensions and Economic Uncertainty Fuel Safe-Haven Demand
Gold prices steadied in Asian trading on Friday and were on track to post solid gains for February, …
Behind the Scenes: Netflix Steps Aside as Paramount Moves to Seize Warner in $31 Share Showdown
In a dramatic twist that could redraw the map of global entertainment, Netflix has declined to raise…
Explainer: Geneva Talks Signal a Critical Crossroads As Diplomacy Weigh Market Sentiment
The nuclear negotiations between the United States and Iran on February 26, 2026, in Geneva were not…
Euro Slips Under Pressure from Stronger Dollar
The weaker than expected Eurozone data weighs on market sentiment on Thursday. The euro fell against…
Gold Defies Strong Dollar as Middle East Tensions and Rate Cut Hopes Fuel Demand
Gold remained steady above $5,170 as heightened tensions in the Middle East sustained investor deman…
Wall Street Wavers as AI Fears Shake Tech Stocks
While institutional investors have been selling off software stocks amid concerns about artificial i…
Dollar Pulls Back Against Yen as Rate Expectations Clash Across the Pacific
The US Dollar eased against the Japanese Yen on Thursday, retreating after two consecutive days of g…
Market Analysis
November, 2021
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26 November 2021 6:01 pm
Pfizer: Expects to Develop And Produce New Vaccine in About 100 Days
According to vaccine-maker Pfizer, in case there was a “vaccine-escape” variant, the company expects to be able to develop and produce a new tailor-made vaccine against that variant within about 100 days.
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26 November 2021 4:40 pm
Bitcoin Drops About 8% With The Discovery of a New Mutated Strain of Covid-19
Bitcoin tumbled nearly 8% Friday, November 26, after the discovery of a new, potentially vaccine-resistant mutated strain of the coronavirus, prompting investors to dump riskier assets for assets they consider safer such as bonds, the yen, and the dollar. Bitcoin, the largest cryptocurrency, fell as much as 7.8% to $54,377, …
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26 November 2021 3:26 pm
The Collapse of US Futures Contracts Ahead of The Opening
The futures contracts of US stock indices recorded a very negative performance before the opening of trading in light of global concerns about the new Coronavirus, which led to strong fluctuations in global financial markets. The futures contracts for the DOW JONES index decreased by 2.20% and settled at the …
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26 November 2021 2:39 pm
European Stocks Collapse Sharply in Early Trading
European shares recorded a strong collapse in early trading today, Friday, due to new concerns about the new Coronavirus, which swept the world yesterday, Thursday, after the high rate of infections strongly. During Friday’s trading, the European Eurostoxx index fell by 2.4%. The German DAX 30 index also fell by …
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26 November 2021 1:32 pm
Why Gold Prices Have Surged?
Gold rose Friday morning in Asia, poised for its worst week in five months on growing bets. The US Federal Reserve will begin to taper and raise interest rates faster than expected to stem rising inflation. Gold futures rose 0.76% to $1,797.80. The yellow metal fell more than 2.8% during …
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26 November 2021 12:46 pm
Oil Drops Below $80 Due to Fears of The New Corona Strain
Brent crude fell by about 4 percent, to less than $ 80 a barrel on Friday, after the discovery of a new strain of the Coronavirus worried investors, which reinforced fears of a ballooning global oversupply in the first quarter of next year after coordinated withdrawals from crude reserves of …
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26 November 2021 2:02 am
Market Drivers – US Drivers – 25-11-2021
US markets were closed due to the Thanksgiving holiday. Markets will work shortened hours on Friday, and muted trading is expected to continue. Economic DataANZ-Roy Morgan Consumer Confidence was up 1.4pts to 107.4 on the second weekend of November. Consumer Confidence is below the 2021 weekly average of 108.2. However, …
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26 November 2021 1:51 am
ANZ-Roy Morgan Consumer Confidence Rises
ANZ-Roy Morgan Consumer Confidence was up 1.4pts to 107.4 on the second weekend of November. Consumer Confidence is below the 2021 weekly average of 108.2. However, Consumer Confidence is now 2.9 points higher than the same week a year ago, November 21/22, 2020 (104.5).Consumer Confidence this week was up in …
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26 November 2021 1:34 am
USD Retains Strength
US markets were closed due to the Thanksgiving holiday. Markets will work shortened hours on Friday, and muted trading is expected to continue. The bullish dollar’s momentum took a breather, but it was able to maintain its leadership. The EUR/USD pair surged to 1.1229, ending the day just above the …
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26 November 2021 12:54 am
ECB Expected To Raise Inflation Forecast Again
EU economy expected to raise inflation forecast again. Central bank policymakers have said that the outlook for price growth in 2023 and 2024 remains unsure The ECB has underestimated how fast Eurozone inflation would rise this year.European Central Bank policymakers expect the central bank to raise its short-term inflation forecasts …
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25 November 2021 11:57 pm
USD Continues Corrective Movement
The US dollar’s current slight retreat comes as a result of a corrective movement in the bearish direction after several sessions of surging trend.The US Dollar Index (DXY) heads into the Thanksgiving holiday on track for a third consecutive strong weekly gain. The US economy’s Q4 is shaping up as …
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25 November 2021 11:20 pm
Turks Switch Savings to US Dollars as Lira Collapses
Turkish companies tap foreign reserves as market access weakens. The Turkish currency was trading around 12 lira to a dollar on Thursday.Turks abandoned their local currency savings for US dollars and other foreign currency deposits over concerns about the country’s faltering economy, propelling the Turkish lira to its worst slide …
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