The Turkish lira plunged to a new record low against the dollar on Thursday after higher-than-expected US inflation data exacerbated concerns about a currency already battered by central bank monetary policy. The lira settled at 9.9050 against the dollar, after falling to 9.91 dollars and down 0.6 percent from the …
Read More »U.S. Dollar Steadies as Markets Weigh Iran De-Escalation Signals
The U.S. dollar stabilized on Monday after earlier gains, as investors reacted to signs of potential…
U.S. Stock Futures Surge on De-Escalation Hopes in Iran Conflict
U.S. stock index futures rallied sharply on Monday, as markets responded positively to signs of pote…
United Airlines Shares Slip as Carrier Cuts Flights Amid Fuel Price Surge
United Airlines shares moved lower in premarket trading on Monday after the company announced furthe…
Bitcoin Slips as Iran Tensions Trigger Broad Risk-Off Sentiment
Bitcoin declined on Monday, extending losses from the weekend as escalating geopolitical tensions in…
Gold Plunges as Inflation Fears and Rate Outlook Eclipse Safe-Haven Demand
Gold prices tumbled sharply in Asian trading on Monday, as rising concerns over inflation and persis…
Oil Holds Near Highs as Trump Issues Ultimatum Over Strait of Hormuz
Oil prices traded in volatile fashion on Monday, hovering near recent peaks as geopolitical tensions…
Weekly Recap: Hormuz Crisis Upends the Board — Oil Breaks $100 as Central Banks Declare Emergency Against Inflation
Global markets endured an extraordinary week of dramatic volatility (ending March 22, 2026). Major c…
Major Central Banks Brace for War-Driven Inflation Shock
Major developed market central banks kept interest rates steady this week, but their tone shifted sh…
Gold Extends Sharp Sell-Off, Slides Toward $4,600 as Market Momentum Turns Bearish
Gold prices remained under heavy pressure, extending their sharp decline as the metal hovered near $…
Stocks Slide Despite Late Rebound Amid Rate Fears, Strong Data, as Geopolitical Tensions Weigh on Sentiment
U.S. stocks attempted a late-session recovery on Thursday, climbing well off their worst levels of t…
Market Analysis
November, 2021
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11 November 2021 12:59 pm
The Dollar Hits Its Highest Level in 2021
The dollar jumped to a 16-month high against the euro and other major currencies on Thursday, while the yen slipped toward multi-year lows, after the highest US inflation reading in 30 years boosted bets on higher interest rates. Data showed consumer price growth in the United States at the fastest …
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11 November 2021 2:10 am
General Motors Seeing Better Semiconductors Supply
General Motors Co is seeing a better flow of semiconductors, and most of its assembly plants in North America are now back to running regular production, including Mexico, according to GM spokesperson.
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11 November 2021 1:52 am
Biden: Consumer prices too high, inflation priority
Having earlier showed readiness to fight inflation, U. S. President Joe Biden reiterated, Wednesday, that the consumer prices remained too high during early Thursday morning in Asia.“People remain unsettled about economy due to higher prices”, added Biden. He also said “I’m not waiting to sign a bill to improve the …
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11 November 2021 1:35 am
NZD/USD Depends on RBNZ
NZD/USD is ending the North American session down by 0.9% after falling from a high of 0.7132 to a low of 0.7062 on the day.A stronger than expected Consumer Price Index data overnight saw the USD rally against all G10 currencies.Markets have responded in kind following Fed’s statements last week …
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11 November 2021 12:27 am
Evergrande, Inflation Data Pull U. S. Shares Down
Hotter than expected Consumer Price Index reading for October and news that Evergrande again defaulted debt payment grace period were factors that pulled U. S. stocks down on Wednesday.The S&P 500 index is down 0.7%, CPI has jumped 0.9% after climbing 0.4% in September, the Labor Department said. This was …
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10 November 2021 11:31 pm
Inflation Impacts All Currencies Including Cryptos
If inflation doesn’t diminish, Fed may need to taper at a more considerable rate and hike interest rates, which could hurt stock and bond markets.Against Japan’s yen the U. S. dollar was last up 0.85% to 113.86 yen after touching Wednesday’s session high of 113.940. On Tuesday the dollar had …
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10 November 2021 11:13 pm
USD climbs as inflation stirring rate hike
The dollar index jumped sharply on Wednesday, with the euro hitting a 16-month low against the U. S. currency, after U.S. consumer prices surged to their highest rate since 1990, fueling speculation that Fed may raise interest rates sooner than expected.The consumer price index rose 0.9% last month after gaining …
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10 November 2021 10:41 pm
China’s Cash on Table in Fresh Euro Bond Sale
A 4 EUR billion sale of new debt bonds on Wednesday showed investor demand is still strong for the sovereign.This strong demand comes despite concerns mount about the state of the corporate bond market domestically.However, China missed a trick by not issuing a green tranche, as it had suggested was …
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10 November 2021 10:24 pm
Inflation Data Pushes Treasury Yields Climb
On Wednesday, yield on Treasury notes, which often rises when investors anticipate tighter central bank policies, rose back toward highs for 2021, near 0.5%, compared with 0.409% at Tuesday’s close. The U.S. inflation rate reached a 13-year high recently, triggering a debate about whether the country is entering an inflationary …
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10 November 2021 9:21 pm
Gold jumps with US inflation data
Gold hit a fresh multi-month high of $1,868.54 an ounce, its highest since last June. Gold surged on the back of higher-than-anticipated US inflation data encouraging speculations the U. S. Fe will have no choice but to hike rates sooner.The XAU/USD Index retreated from the mentioned high on the broad …
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10 November 2021 9:05 pm
Was U. S. Economic Agenda Designed for Shortages and Inflation?
According to Wall Street Journal, cost pressures are depriving Democrats of the political benefits of the strong U. S. economy. Today, jobs and wages are growing rapidly, the stock market is at records on the back of positive corporate earnings and the public is optimistic about jobs and their financial …
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10 November 2021 8:51 pm
Oil futures trim losses over EIA’s report
The Energy Information Administration reported on Wednesday that U.S. crude inventories rose by 1 million barrels for the week ended Nov. 5.The fresh data matches the average increase expected by analysts polled by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 2.5 million-barrel decline, according to sources. …
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