The Unemployment Rate in Canada dropped to 8.2% in February from 9.4% in January and came in much better than the market expectation of 9.2%. Further details of the jobs report published by Statistics Canada revealed that employment in that period increased by 259,000 after falling by 266,000 over the …
Read More »Bitcoin Struggles as U.S. Trade Tariffs Loom and Rate Cut Bets Fade
Bitcoin prices steadied on Friday after a sharp reversal of recent gains, as traders focused on the …
Oil Prices Decline Amid Nuclear Talks and OPEC+ Output Expectations
Oil futures fell on Friday as market participants reacted to ongoing geopolitical developments and e…
Gold Prices Rise Amid Tariff Uncertainty and Fiscal Concerns
Gold prices rose slightly in Asian trading on Friday, recovering from the previous session’s l…
U.S. to Send Letters Outlining Tariff Rates Ahead of July 9 Deadline
U.S. President Donald Trump confirmed on Thursday that the U.S. will begin sending out letters to ma…
Market Movers – US Session: US Jobs Data Boosts Risk Appetite, Trump To Sign “Big, Beautiful Bill”
The US session on July 4, 2025, is expected to be subdued due to the Independence Day holiday, with …
Will Trump Postpone the Tariff Deadline Beyond July 9, 2025? Who is Closest to Framework Agreements?
As the July 9, 2025, deadline for President Donald Trump’s “reciprocal” tariffs ra…
Canadian Dollar Gains Momentum as U.S. Jobs Data Boosts Market Optimism
The Canadian Dollar climbed against the U.S. Dollar, pushing the USD/CAD pair toward multi-month low…
Will Robust Jobs Data, Trump’s Fed Pressure Reshape Wall Street’s Momentum?
Wall Street surged, with the S&P 500 up 0.83%, Nasdaq up 1.02%, and Dow Jones Industrial Average…
Just Passed by Both Chambers: Trump’s “One Big Beautiful Bill” Sparks Economic Hope, Deficit Debate
On Thursday, July 3, the U.S. House of Representatives passed President Donald Trump’s “One Big Beau…
Can Trade Optimism Sustain Oil Price Recent Gains Ahead of OPEC+ and Tariff Risks?
On July 3, 2025, Brent crude futures dipped to $68.74 per barrel, down 0.54%, while WTI crude future…
Market Analysis
March, 2021
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12 March 2021 5:35 pm
J.P Morgan: Continued high Oil Prices Will Stimulate US Production Growth
JP Morgan analysts said in a weekly note that the continued rise in oil prices is expected to stimulate an increase in US crude production this year. The bank now expects US crude oil production to average 11.78 million barrels per day in December 2021, up 710,000 barrels per day …
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12 March 2021 5:02 pm
Industrial Production in The Eurozone Stronger Than Expected in January
The European Union’s statistics office Eurostat said today that industrial production for the Eurozone was much stronger than expected in January and revised up significantly in December, indicating that the new year has begun to improve despite the continuing Covid-19 pandemic. Eurostat said industrial production in the 19-nation Eurozone rose …
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12 March 2021 4:09 pm
Currencies Overview: The Dollar Winning And Risk Currencies Are Losing
The dollar rose today, recovering from losses incurred the previous day, as a strong rise in Treasury yields in the early European session sparked risk aversion moves in global currency markets, while riskier currencies were hit. Market dealers are growing anxious in recent weeks about the possibility of a strong …
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12 March 2021 3:04 pm
Rising Bond Yields Are Putting Pressure on European Stocks
Higher bond yields pushed European stocks lower today, but the main stock exchanges are heading for strong weekly gains as stimulus and immunization campaigns from the Coronavirus raise hopes for a strong economic recovery. The European STOXX 600 index fell 0.4% in early trade, after a series of gains over …
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12 March 2021 2:03 pm
Brent Crude is Falling But Remains Near $70 Supported by Optimistic Demand
Brent crude prices declined today, but hovered near $70 a barrel, as cuts made by major crude producers restrict supplies, while the market is also supported by optimism about the recovery in demand in the second half of the year. Brent crude futures for May delivery fell 33 cents, or …
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12 March 2021 1:16 pm
UK Manufacturing Production Decline in January
The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, suggesting that Britain’s industrial sector is facing a hard time amid the covid-induced lockdowns. Manufacturing output arrived at 2.3% MoM in January versus -0.8% expectations and 0.3% booked in December while total industrial output came in …
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12 March 2021 12:59 pm
Britain’s Economy Contracted Less Than Expected in January
Official data revealed today that Britain’s economy shrank by 2.9% in January compared to December, a less severe pace than expected, as the country again entered into general isolation measures aimed at combating the spread of the Coronavirus. Economists polled by Reuters had expected a contraction of 4.9%. The Bank …
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12 March 2021 12:42 pm
Gold Declining But Heading For The Best Week in 7 Weeks
Gold prices plummeted today as high US revenues and the strength of the dollar imposed pressure on the yellow metal, but it is heading to record its best weekly performance in seven weeks. In spot transactions, gold lost 0.3% to $1716.86 an ounce in Asian trading. The metal fell to …
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12 March 2021 12:22 pm
Japan Shares Closed Higher, Posting 3% Weekly Gain
Japanese stocks rose for the fourth session in a row, as technology stocks rebounded while investor sentiment remained supported by expectations that low-interest rates and large fiscal spending will continue to support global economic growth. The benchmark Nikkei index rose 1.73% to 29,717.83 points. The broader Topix index rose 1.36% …
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12 March 2021 3:03 am
Bitcoin Surges Above $57,000 Nearing its All-Time Record High
Bitcoin rose on Thursday by more than 2%, amid expectations that increased stimulus spending in the United States could help raise demand for the world’s largest cryptocurrency in terms of market capitalization. The digital currency is re-approaching its all-time high of $58,350, which it reached on February 21. Bitcoin is …
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12 March 2021 2:56 am
Biden Signs $1.9 T Relief Bill into Law
The President of the United States, Joe Biden, on Thursday signed the $1.9 trillion relief bill into law, officially ratifying what he originally proposed as the “American Rescue Plan” to help the U.S. economy recover from the impact of the Coronavirus pandemic. After Congress passed the bill, following a long …
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12 March 2021 2:37 am
Wall Street Scores New Record Highs
The benchmark indices of the New York Stock Exchange (NYSE) closed higher on Thursday, with the Dow and S&P ending the session at all-time highs, as Wall Street investors reacted positively to inflation data that eased worries about a possible reflation due to the increase in stimulus spending. Positive jobs …
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