The Gross Domestic Product (GDP) in the Euroarea contracted by 4.9% on a yearly basis in Q4, the data published by Eurostat showed on Tuesday. This reading came in slightly better than the flash estimate and the market expectation of -5%. On a quarterly basis, the GDP declined by 0.7%.
Read More »Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
Market Analysis
March, 2021
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9 March 2021 2:35 pm
Currencies Overview: USD Down From Its Three-And-a-Half-Month High as Bond Yields Stabilize
The dollar fell from its highest in three and a half months today, Tuesday, as US Treasury yields stabilized, allowing gains for riskier currencies such as the British pound and the Australian and New Zealand dollars. The index measuring the strength of the dollar against a basket of other currencies …
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9 March 2021 1:28 pm
Turkey Extends The Ban on Layoffs For Two Months
Turkey has extended the ban on layoffs for two months, starting March 17, according to a presidential decree. The ban was imposed last year to limit the impact of the Coronavirus pandemic on employment and the economy at large. The Turkish President has the power to extend it for a …
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9 March 2021 12:20 pm
German Exports Rise in January Thanks to Strong Trade With China
German exports rose unexpectedly in January, buoyed by strong trade with China at a positive start of the year for manufacturers in Europe’s largest economy. Seasonally adjusted exports rose 1.4% compared to the previous month after a 0.4% increase in December, the Federal Statistics Office said Tuesday. The previous reading …
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9 March 2021 12:02 pm
Gold Recovering From a 9-Month Low as US Bond Yields Decline
Gold prices rose on March 9th, as the metal was boosted by a drop in US Treasury yields, after the previous session recorded its lowest level in nine months. The spot price of gold was up 0.7% to $1692.21 an ounce. Prices were down more than 1% on Monday to …
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9 March 2021 11:30 am
Turkish Lira Recoups Some of Its Losses After a Decline in Two-Week
The Turkish lira rose 0.8% against the dollar after recording its weakest rate since mid-December during the previous session, in a decline that raised expectations that the central bank will raise interest rates from its current level of 17% next week. The lira was at 7.68 per dollar, from 7.7440 …
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9 March 2021 10:57 am
U.S. Department of State: Those Whose visa Applications Were Denied Due to Trump’s Decision Apply Again
The US State Department said that most of those who applied for US visas and were rejected due to Trump’s decision to ban entry to citizens of 13 countries can seek to reconsider their applications or apply for new ones. President Joe Biden canceled the ban on entry to certain …
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9 March 2021 10:32 am
Oil Prices Declining After Jumping Above $70 a Barrel Following Attack on oil facilities in Saudi Arabia
Oil prices retreated on Monday after jumping earlier in the session above $70 a barrel for the first time since the start of the Coronavirus crisis, following attacks on Saudi oil facilities. Brent crude futures, the world record, ended the trading session down $1.12, or the equivalent of 1.61%, to …
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9 March 2021 4:26 am
House to Vote on $1.9 Tr Relief Bill on Wednesday
The United States House of Representatives is set to hold a final vote on the $1.9 trillion relief bill next Wednesday. It was originally planned that the vote will take place on Tuesday, but CNN reported that it will most likely take place on Wednesday, citing senior Democrats in Congress. …
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9 March 2021 1:30 am
NYSE Closes Monday on Mixed Note
The main indices of the New York Stock Exchange (NYSE) showed a mixed performance on Monday, amid an improved investors’ sentiment and the rise in Treasury bond yields following the passing of the $1.9 trillion relief bill by the U.S. Senate. The Dow Jones Industrial Average closed lower by 0.97% at …
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9 March 2021 1:11 am
U.S. Treasury Yields at Highest Level in More than a Year
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 …
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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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