Japanese shares closed higher on Friday (April 9th), as they received support from growing expectations that companies will post strong earnings and issue optimistic expectations as the earnings reporting season begins. The Nikkei index rose 0.2% to 29,768.06 points, while the broader TOPIX index gained 0.39% to 1,959.47 points. Stocks …
Read More »European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the…
Oil Prices Decline Amid Weak China Data, But Trade Talks Fuel Optimism for Future Demand
Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. However, …
Weekly Recap: Dollar Roars Back on Jobs Data Testing Euro’s Rally and Gold’s Resilience
Labour Market Powers Dollar Surge Robust U.S. jobs data for May 2025, with 139,000 jobs added, under…
USD Faces Downside Risks as NFP Data Looms
The US dollar teeters near multi-month lows, trading around 98.5, as markets await the Nonfarm Payro…
EUR/USD Retreats as ECB Signals Policy Pause
The EUR/USD pair recently pulled back from a multi-week high near 1.1500, trading at 1.143 with a mo…
Oil Prices Slip as U.S. Fuel Stockpiles Rise, Saudi Price Cuts Add Pressure
Oil prices fell in Asian trade on Thursday, extending losses from the previous session as rising U.S…
The Euro’s Moment? Weak US Data and ECB Action Set the Stage
The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This shift c…
Post ADP Data: USD/JPY Decline Highlights Yen’s Strength, Economic Shifts
The Japanese Yen is gaining momentum against a faltering US Dollar, with the USD/JPY pair dropping b…
Uncertainty Fuels Gold’s Surge as US Data Signals Slowdown
Rising amidst economic headwinds, gold has once again demonstrated its traditional role as a safe-ha…
Market Analysis
April, 2021
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9 April 2021 2:50 am
Fed’s Bullard Calls for Maintaining Policies Until Pandemic is Over
The United States Federal Reserve should not pull back its easing policies until the coronavirus pandemic is fully over, according to the President of the Federal Reserve Bank of St. Louis Fed, James Bullard. “We have to get the pandemic behind us first,” “There are still risks and things could …
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9 April 2021 2:46 am
Powell Expects Temporary Rise in Prices
The United States Federal Reserve does not plan to reduce the current measurements to support the American economy, Chairman Jerome Powell said on Thursday during the International Monetary Fund and World Bank spring meetings. Powel expects the rise in inflation this year to be temporary, noting that the recovery depends …
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9 April 2021 1:06 am
Eurozone Producer Prices Rise in February
The Eurozone’s Producer Prices Index (PPI) increased by 0.5% in February, compared with its level in January, according to data by Eurostat. Furthermore, official data by the European Union (EU) showed a 1.5% rise in produce prices in February on an annual basis. Rising energy costs by 2.3% year-on-year contributed …
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8 April 2021 10:30 pm
Gold Closes at Six-Week High
Gold prices rose on Thursday to their highest level in about six weeks as the U.S. Dollar (USD) plunged amid expectations of a rise in inflation. In addition, a decline in the benchmark U.S. 10-year Treasury bond yields contributed to the yellow metal gains. Gold futures for June ended rose …
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8 April 2021 10:00 pm
European Stocks Hit New All-Time High
European stocks continued to show record-breaking performance on Thursday, supported by an improved outlook for the global economic recovery, one day after the U.S. Federal Reserve’s latest meeting minutes showed commitment to growth-inducing policies. The STOXX Europe 600 index gained 0.54% to close at a record high of 436.67 points. …
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8 April 2021 7:54 pm
USD Falls to Lowest Level in Two Weeks
The U.S. Dollar (USD) declined on Thursday to near its lowest level in about two weeks, as the market digests the minutes of the Federal Reserve March meeting, which was published yesterday. The Dollar Index (DXY) is down by 0.34% for the day at 92.14, after touching a daily low …
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8 April 2021 7:43 pm
Yellen Calls for Supporting Poor Countries Amid COVID-19
The United States Treasury Secretary Janet Yellen called on developed economies to inject fiscal support and support the poorest countries to help the recovery from the Coronavirus pandemic. Speaking during the International Monetary Fund and the World Bank Spring meetings on Thursday, Yellen warned against the risk lasting divergence in …
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8 April 2021 7:37 pm
U.S. Natural Gas Storage Rises
Natural gas inventories in the United States increased by 20 billion cubic feet (bcf) last week, according to data by the U.S. Energy Information Administration (EIA). The EIA weekly report showed on Thursday that natural gas supplies reached 1.784 trillion cubic feet, decreasing by 235 bcf compared with the same …
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8 April 2021 5:45 pm
Oil Prices decline Post The US Data
Crude oil prices fell on Thursday after official data showed a significant increase in US gasoline stocks, which raised concerns about weak demand in the world’s largest oil consumer as crude supplies rose around the world, and Brent crude fell 51 cents, or 0.8%, to $62.65 a barrel. The price …
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8 April 2021 5:17 pm
US: Weekly Initial Jobless Claims rise to 744K
There were 744,000 initial claims for unemployment benefits in the US during the week ending April 3, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 728,000 (revised from 719,000) and came in worse than the market expectation of …
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8 April 2021 4:02 pm
ECB Meeting Accounts: ECB to Maintain Accommodative Policy
The European Central Bank’s (ECB) policymakers reassured that they will maintain an accommodative monetary policy for as long as necessary and saw no risk of overheating, the ECB’s March Monetary Policy Meeting Accounts showed on Thursday.
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8 April 2021 3:26 pm
Currencies Overview: The Dollar Steady Near Lowest Level in Two Weeks
During trading, the US dollar approached its lowest level in more than two weeks against the major counterpart currencies on Thursday, April 8th, to track low Treasury yields, after the minutes of the March Federal Reserve policy meeting did not provide new incentives to determine the market direction. The meeting …
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