Oil prices rose on Friday, April 23, boosted by hopes for a recovery in demand as global growth improves and lockdown measures eased, but concerns about a surge in second-wave COVID-19 infections in India dampen the gains. Brent crude futures rose 42 cents, or 0.6%, to $65.82 a barrel after …
Read More »Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Market Analysis
April, 2021
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23 April 2021 1:12 pm
European Stocks on Track of Posting Their First Weekly Loss in 8 Weeks
European stocks are on the path of incurring their first weekly loss in eight weeks on Friday, April 23, as a surge in global coronavirus infections dashed the impact of strong earnings reports, while Madrid-based Olfendes shares jumped in its first trade in the Amsterdam market. The European Stoxx600 index …
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23 April 2021 12:40 pm
Japan to Declare COVID-19 State of Emergency in Tokyo, Osaka Region
Japanese stocks closed lower on Friday, April 23, as tighter government restrictions to contain COVID-19 infections raised concerns about the economy’s recovery, while disappointing expectations from nedec reinforced the cautious atmosphere at the start of the corporate earnings announcements season. The Nikkei index fell 0.57% to close at 29020.63 points, …
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23 April 2021 12:20 pm
Japan Stocks Tumbled on Pandemic Fears
Japanese stocks closed lower on Friday, April 23, as tighter government restrictions to contain COVID-19 infections raised concerns about the economy’s recovery, while disappointing expectations from nedec reinforced the cautious atmosphere at the start of the corporate earnings announcements season. The Nikkei index fell 0.57% to close at 29020.63 points, …
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23 April 2021 2:45 am
Wall Street Closes in Red on New Tax Concerns
The New York Stock Exchange (NYSE) declined on Thursday, closing on sharp losses that marked the worst daily performance on Wall Street since early March. News about U.S. President Joe Biden preparing a new proposal to tax the wealthiest Americans and raise the capital gains tax to fund public expenditure …
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23 April 2021 2:25 am
Oil Futures Close on Marginal Gains
Oil prices registered modest gains on Thursday, following strong losses yesterday to their lowest level in a week due to concerns about the coronavirus pandemic. Brent crude futures for June delivery rose by 8 cents, or 0.1%, to close at $65.40 per barrel. Meanwhile, the West Texas Intermediate (WTI) crude …
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23 April 2021 1:52 am
Gold Declines Following Two Consecutive Rises
Gold prices closed Thursday lower, declining for the first time in three sessions, following a surge to their highest level in about two months on Wednesday. Gold futures for June delivery declined by $11.10, or 0.6%, to finish at $1,782 per ounce. Meanwhile, silver futures for May delivery lost 39 …
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23 April 2021 1:52 am
European Stocks Rise on Positive Earnings and ECB Decision
European stocks registered gains on Thursday, nearing their record highs, supported by a number of positive earnings reports by some major listed companies and following the European Central Bank’s decision to maintain its policy unchanged. The STOXX Europe 600 index rose for the second consecutive day, finishing higher by 0.68%, …
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23 April 2021 1:38 am
U.S. New Jobless Claims Decline to 13-Month Low
New initial jobless claims in the United States declined to their lowest level in 13 months last week, data showed on Thursday. The number of U.S. citizens who applied for unemployment benefits declined by 39,000 to a seasonally adjusted level of 547,000 in the week ended April 17. This is …
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23 April 2021 1:31 am
U.S. Home Sales Decline to Seven-Month Low
Home sales in the United States declined to their lowest level in about seven months during March, falling by 3.7% to a seasonally adjusted annual rate of 6.01 million units. This is the lowest reading for the indicator since August 2020, according to data by the National Association of Realtors …
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22 April 2021 6:14 pm
European Consumer Confidence Improves in April
Consumer confidence continues to improve in April, according to a flash estimate by the European Commission, the executive branch of the European Union (EU). Data released on Thursday showed that the consumer confidence indicator for the European Union (EU) improved by 3.1 points to -9.0 points, while the gauge for …
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22 April 2021 6:08 pm
Canada’s Employment Insurance Expands in February
The number of Canadians receiving regular employment insurance benefits increased by 3.6%, or 53,000, to 1.5 million people in February, data showed on Thursday. The reading follows an 11.2% increase in January, according to data by Statistics Canada. The Labour Force Survey (LFS) showed that employment increased by 259,000 in February, following two months …
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22 April 2021 6:03 pm
Canada’s New Housing Price Index Rises in March
Canada’s New Housing Price Index (NHPI) rose by 7.9% on an annual basis during March, data by Statistics Canada showed on Thursday. On a monthly basis, the index increased by 1.1%. “The strong demand for new houses, fueled by lower borrowing costs and work from home restrictions, continued pushing up …
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