France’s antitrust watchdog has fined Google 500 million euros ($593 million) for failing to fully comply with interim orders in a dispute with news publishers in France. The US tech giant must come up with suggestions within the next two months on how to compensate news organizations and other publishers …
Read More »U.S. Futures Edge Higher on Hopes for China Talks; Big Tech Earnings, Inflation Data in Focus
U.S. stock index futures rose Monday as signs of renewed U.S.–China dialogue buoyed risk sentiment a…
Bitcoin Extends Rebound as Softer U.S.–China Rhetoric Lifts Risk Appetite
Bitcoin advanced on Monday, building on a weekend bounce as cooler rhetoric around the U.S.–China tr…
Oil Extends Slide on China Demand Worries, Supply Risks, and Fading Geopolitical Premium
Crude prices fell for a third session on Monday, adding to last week’s losses as fragile demand sign…
Europe Opens Higher as Asia Rally Lifts Sentiment; Earnings Deluge Ahead
European equities started the week on the front foot, tracking gains in Asia and stabilizing after F…
China Q3 2025 growth beats forecasts but slows to one-year low as disinflation, trade risks bite
China’s economy expanded slightly faster than expected in the third quarter, even as momentum cooled…
Market weekly wrap: Government shutdown could have an end soon
Markets kicked off last week on a cautious note after President Donald Trump announced late Friday a…
Wall Street Bounces Back: Dow Surges as Trade Hopes and Fed Bets Lift Market Mood
After a turbulent week marked by financial sector jitters and political uncertainty, the Dow Jones I…
Gold Retreats from Record High as Trump Softens Stance on China
Gold’s meteoric rise hit a speed bump on Friday, slipping 2% from its all-time high after U.S. Presi…
Washington Stalemate Deepens: U.S. Government Shutdown Hits 17 Days With No End in Sight
The United States government shutdown entered its 17th day on Friday, making it the third-longest in…
Euro Holds Firm as France Restores Political Calm, While UK Faces Fiscal Strain
The euro remained stable on Friday, supported by renewed political calm in France after recent tensi…
Market Analysis
July, 2021
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13 July 2021 1:48 pm
Crypto Assets Saw an Outflow of Capital at The Beginning of H2
Data from digital asset management Coinshares showed on Monday that crypto funds and products saw an outflow of capital at the start of the second half of the year, with an atmosphere of caution continuing amid a summer slump in trading. There were net inflows of $4 million from digital …
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13 July 2021 1:28 pm
IEA: Stalled Talks in OPEC+ May Lead to a Price War in Light of High Demand
Stalled talks among major oil producers about pumping more supplies could deteriorate into a “price war”, the International Energy Agency said Tuesday, July 13, as COVID-19 vaccines drive up crude demand. The agency added that the possibility of a battle for market share threatens markets, even if it is a …
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13 July 2021 12:45 pm
Oil Prices Rise Thanks to an Expected Drop in US Crude Stocks
Oil prices rose on Tuesday, July 13 to compensate for most of the losses it incurred the previous day, as the market received support as a result of tight supplies, along with expectations of more withdrawals from US crude stocks, but fears of the spread of Covid-19 strains curbed the …
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13 July 2021 12:20 pm
The TOPIX Index Closes Near a Month-High
Japanese stocks rose on Tuesday, July 13th, with the broader TOPIX index nearing its highest level in nearly a month, after markets recovered from last week’s sell-off, while a host of corporate results awaited to extract fresh clues about the health of Japan’s economy. The Nikkei index closed up 0.52% …
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13 July 2021 2:04 am
Wall Street Closes at New Record Highs
The New York Stock Exchange (NYSE) finished Monday’s trading with another record-breaking performance amid an improved risk sentiment among Wall Street investors, who are anticipating major economic data led by the reading of the inflation rate, with the Consumer Price Index (CPI) June reading due tomorrow. The Dow Jones Industrial …
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13 July 2021 1:55 am
U.S. Treasury Yields Edge Higher but Remain Subdued
U.S. Treasury bond yields leveled up on Monday, after falling below 1.3% last week, amid anticipation for economic data and more indicators that can reveal the progress on the road to recovery from the Coronavirus pandemic. In addition, investors await the Federal Reserve Chairman Jerome Powell’s testimony before Congress on …
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13 July 2021 12:37 am
Oil Logs First Time After Two Rises
Oil prices posted on Monday the first decline in three sessions due to the rising concerns about the resurgence of the Coronavirus pandemic with the spread of the Delta variant in many parts of the world. Uncertainty about the pandemic and economic recovery is negatively reflecting on the expectations for …
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12 July 2021 11:24 pm
ECB Vows to Put New Policy in the Next Meeting
The European Central Bank (ECB) is expected to lay out a new policy path during its upcoming meeting after a change in its inflation strategy. The central bank is now able to tolerate inflation higher than the 2% target, keeping in mind that it does not plan to end the …
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12 July 2021 10:30 pm
Gold Declines as the Dollar Strengthens
Gold prices declined on Monday as the U.S. Dollar rose across the board, and amid a rebound in stock markets hitting new record highs with an improvement in risk sentiment among investors, which weighed on the demand for safe havens. In addition, the decline came as a correction movement with …
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12 July 2021 9:49 pm
European Stocks Hit New All-Time High
European stocks surged on Monday, rising for the second consecutive session and hitting new record highs amid anticipation for the earnings reports by major listed companies across the continent and around the globe. The STOXX Europe 600 index finished higher by 3.16 points or 0.69% to finish at an all-time …
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12 July 2021 8:23 pm
Fed’s Williams: All Asset Purchases Reflect on Housing Costs
President of the Federal Reserve Bank of New York, John Williams, believe the Fed’s asset purchases is contributing to lower housing costs. Williams believe that not only do purchases of mortgage-backed securities reflect on the housing market, but so do the buying of Treasuries by the Fed. “Both of them …
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12 July 2021 7:15 pm
Nasdaq and S&P 500 Hit Record Highs
The main indices of the New York Stock Exchange (NYSE) opened the week on a positive note, with the Nasdaq and the S&P 500 indices hitting new record highs in early Monday trade before easing, as Wall Street investors are focusing on financial results and economic data. Markets anticipate the …
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