Treasury bond yields in the United States continued to rise on Monday, as selling pressures on long-term debt instruments continued due to expectations of a rise in inflation and strong economic recovery. The benchmark 10-year Treasury bond yield rose to their highest level in nearly 13 months, adding 4.3 basis …
Read More »U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
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…
Market Analysis
March, 2021
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9 March 2021 12:38 am
Oil Prices Decline for First Time in Five Sessions
Oil prices declined on Monday for the first time in five sessions after briefly rising due to fears about geopolitical tensions. Brent crude futures for May delivery lost $1.12 or 1.6%, to close at $68.24 per barrel. The global benchmark futures exceeded $71.3 per barrel yesterday, trading higher than $70 …
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8 March 2021 11:41 pm
Gold Settles at Lowest Level in Nearly a Year
Gold prices declined on Monday to their lowest level in about a year, as the U.S Dollar (USD) and Treasury bond yields continued to rise strongly, supported by expectations of economic recovery, especially after the Senate passed the $1.9 trillion stimulus package. The yellow metal futures for April delivery dropped …
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8 March 2021 11:33 pm
U.S. Congress Questions Facebook’s Advertising Policy
The United States House of Representatives on Monday questioned the CEO of Facebook, Mark Zuckerberg, about the social network’s policies regarding ads directed towards gun accessories and protective equipment, Reuters reported. The claim is that ads about weapons were placed next to content that amplified election misinformation and news about …
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8 March 2021 10:50 pm
USD Surges to Highest Level in Three Months
The U.S. Dollar (USD) rose on Monday, reaching its highest level in three and a half months, supported by higher demand due to the increasing Treasury bond yields. The Dollar Index (DXY), which measures the USD’s performance against a basket of six major international currencies, is up by 0.35% at …
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8 March 2021 9:26 pm
European Stocks Finish Monday with Strong Gains
European shares finished Monday higher, opening the second week of March with a positive performance, as investor’s sentiment improved on the back of positive expectations of economic recovery, following the passing of the huge stimulus bill in the United States by the Senate. The STOXX Europe 600 index closed up …
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8 March 2021 9:10 pm
Yellen: Relief Bill to Fuel Strong Growth
The United States Secretary of the Treasury, Janet Yellen, said on Monday that the $1.9 trillion relief bill will strongly help economic recovery from the impact of the Coronavirus pandemic, Reuters reported. “This is a bill that will really provide Americans the relief they need to get to the other …
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8 March 2021 7:30 pm
U.S. Wholesale Inventories Rise 1.3% in January
Wholesale inventories in the United States increased by 1.3% in January, data by the U.S. Census Bureau showed on Monday. Inventories now stand at $661.7 billion, rising by 0.6% on an annual basis. Meanwhile, wholesalers sales recorded an adjusted rise of 4.9% in the first month of the year, amounting …
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8 March 2021 4:40 pm
Investor Confidence Jumping to a Year High in Eurozone
Today’s survey showed that an indicator of investor confidence in the eurozone jumped in March to its highest reading in more than a year, supported by an improved outlook for the current situation. The Sentex Eurozone index rose to 5.0 from -0.2 in February, its highest level since February 2020. …
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8 March 2021 3:43 pm
Fall of The Turkish Lira Over Two-Week
The Turkish lira fell 0.7% today, recording a decline in ten of the last eleven sessions, with high inflation, global bond yields and oil prices in a test of the central bank’s pledge to tighten monetary policy. After raising interest rates to 17% in December, Central Bank Governor Naji Iqbal …
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8 March 2021 3:01 pm
Oil And Travel Support European Stocks
European stocks rose today to coincide with the rise of the US market at the end of trading on Friday, as shares of major oil companies such as Royal Dutch Shell and BP jumped with the rise in crude prices after reports of attacks on facilities in Saudi Arabia. The …
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8 March 2021 2:26 pm
Brent Exceeds $70 For The First Time Since The Pandemic
Brent crude futures rose above $70 a barrel today, Monday, for the first time since the outbreak of the Covid-19 pandemic, while US crude touched its highest level in more than two years, following reports of attacks on Saudi facilities. Brent contracts for May delivery reached $71.38 a barrel in …
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8 March 2021 1:31 pm
German Industrial Output Unexpectedly Declined in January
German industrial output fell unexpectedly in January, following a significant increase in the previous month’s reading, data released on Monday showed, predicting a weak start to the year for the manufacturing sector in Europe’s largest economy. Figures released by the Federal Statistics Office show a decline in output in the …
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