Given the low level of global rates, Bank of Canada Gov. Tiff Macklem said the central bank may need to make more use of forward guidance and large-scale asset purchases in response to future economic shocks to ensure inflation reaches its 2% target.In a speech Wednesday, Macklem provided more insight …
Read More »Gold Rebounds as Fresh Trump’s Threats Boost Safe-Haven Demand
Gold prices staged a rebound on Thursday after falling to their lowest level in six months, as renew…
ECB Rate Hike Boosts European Stocks as Lagarde Signals Tough Inflation Stance
European stock markets closed mostly higher on Thursday after European Central Bank President Christ…
Oil Prices Ease as Diplomatic Hopes Between US and Iran Reduce Supply Concerns
Oil prices moved lower on Thursday as investors took profits following a sharp rally fueled by tensi…
Bank of Japan Faces Defining Moment as Rate Hike Looms and Yen Pressures Intensify
The Bank of Japan is preparing for one of its most closely watched policy meetings in years, with fi…
ECB Hikes Rates for First Time Since 2023: Iran War Energy Shock Forces Inflation Forecasts Higher, Growth Lower
Key Takeaways ECB raises rates: The deposit rate was lifted to 2.25% from 2% — the first increase in…
Bitcoin Bounces 2.2% as U.S. Signals End to Latest Iran Strikes: SpaceX IPO and AI Rotation Keep Crypto Under Pressure
Key Takeaways Bitcoin recovers: The world’s largest crypto rose 2.2% to $62,673.7, bouncing fr…
European Stocks Rebound as Dip Buyers Return Ahead of ECB’s First Rate Hike Since 2023
Key Takeaways Broad recovery: The Stoxx 600 rose 0.6% after hitting a three-week low Wednesday; FTSE…
Oil Erases Gains as U.S.-Iran Peace Talks Resume Despite Air Strikes: ING Warns Hormuz “Still Some Way Off” From Resolution
Key Takeaways Oil retreats: Brent fell 1.4% to $91.76 per barrel, while WTI dropped 1.3% to $88.88 —…
Gold Bounces From 6-Month Low After Iran Declares Total Hormuz Shutdown: ING Warns Near-Term Path Tied to Fed Policy
Key Takeaways Gold recovers from 6-month low: Spot gold rose 0.6% to $4,093.35 per ounce after touch…
US Consumer Inflation Continues to Climb as Energy Costs Push Prices Higher
Consumer inflation in the United States continued to accelerate in May, highlighting the ongoing imp…
Market Analysis
December, 2021
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15 December 2021 9:59 pm
Treasury Yields Inch Up Ahead of Fed Statement
Investors are digesting data on retail sales and look for update on plan to wind down bond-buying program. Sales at US retail stores, online sellers and restaurants rose by a seasonally adjusted 0.3% in November from the previous month, the Commerce Department reported. US government bond yields edged higher Wednesday, …
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15 December 2021 9:12 pm
Canada’s Inflation Pressures Continues To Widen
The annual inflation rate in Canada remains at 4.7% in November. Analysts point out that inflation pressure continues to broaden; that combined with a stronger labour market will prompt a rate hike from the Bank of Canada during the second quarter of next year. Canada’s headline inflation rate was unchanged …
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15 December 2021 8:58 pm
Weaker Demand Signals Pull WTI Crude Lower
New York Mercantile Exchange oil futures and the nearest delivered Brent contract on the Intercontinental Exchange extended losses into a third successive session Wednesday, with investors keeping risk appetite in check following the outlook for lower demand growth next year hit by the rapidly spreading omicron variant. Market attention has …
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15 December 2021 8:49 pm
Under Pressure, Fed Weighs Inflation Surge Against Omicron Fears
The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation.The identification of the Omicron coronavirus variant last month has added a new level …
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15 December 2021 8:11 pm
Gold Slides Ahead FOMC Decisions
Gold is falling on Wednesday, before the decision of the Federal Reserve. Recently it bottomed at $1763m the lowest since December 3 and then rebounded toward $1770. Price is moving sideways with a bearish bias.The US November retail sales report came in below expectations and boosted gold for a few …
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15 December 2021 5:57 pm
Market Drivers – European Session 15-12-2021
Markets are in anticipation and calm ahead of the Fed meeting. European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 …
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15 December 2021 5:21 pm
Fed Meeting: Forecasts From 4 Major Banks
The US Federal Reserve will announce monetary policy decisions and release the updated Summary on Wednesday at 19:00 GMT. As we get closer to the release time, here are the expectations as forecast by analysts and researchers of 5 major banks. TDS “The taper pace will likely be doubled to …
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15 December 2021 4:23 pm
European Shares Rise as Investors Await Federal Reserve Policy Announcement
European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 percent to 471.84 points. Stock markets across Asia fell as weaker-than-expected …
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15 December 2021 3:10 pm
Market Drivers – Asian Session 15-12-2021
The Asian session was quiet on Wednesday, as the market is waiting for the decision of the Federal Reserve’s Federal Open Market Committee. The UK Consumer Prices Index (CPI) 12-month rate came in at 5.1% in November compared to +4.2% registered in October while beating expectations of a +4.7% print. …
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15 December 2021 2:02 pm
Gold Prices Stabilize, Focus on Fed Meeting
Gold prices stabilized on Wednesday, December 15, after falling sharply in the previous session, as investors awaited the Federal Reserve’s decision to reduce the stimulus measures it took in the face of the Covid-19 pandemic. Traders are closely watching the Fed’s moves to see if it will speed up the …
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15 December 2021 1:17 pm
Inflation in Britain Rises to The Highest Level in More Than 10 Years
Britain’s consumer price index rose to its highest level in more than 10 years in November, as it jumped to 5.1% from 4.2% in October, which could make the Bank of England recalculate its interest decision tomorrow. The Office for National Statistics said price pressures from a wide range of …
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15 December 2021 12:27 pm
Japan’s Nikkei Settled Ahead of Fed
The Japanese Nikkei index ended Wednesday’s session, December 15th, in cautious trading ahead of the US Federal Reserve’s decision, which is expected to be decisive on monetary policy, as it is expected to tend to reduce asset purchases at a faster pace. Investors expect the US Federal Open Market Committee …
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