The Eurozone economy contracted 0.6% on quarter in the three months to December of 2020, beating -0.7% expected, the second estimate showed on Tuesday. On an annualized basis, the bloc’s GDP dropped by -5.0% in Q4 vs. -5.1% seen in the first readout while beating -5.1% expectations.
Read More »Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
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…
Market Analysis
February, 2021
-
16 February 2021 3:02 pm
Currencies Overview: US Dollar Falling With Bets on a Recovery Thanks to The Vaccine Distribution
The dollar fell to its lowest level in three weeks today, Tuesday, while the pound sterling reached its highest level in nearly three years and currencies linked to commodities rose, as progress in the anti-Corona virus vaccination campaigns boosted investors’ hopes for a recovery. The atmosphere of optimism and the …
Read More » -
16 February 2021 2:16 pm
US Oil Prices Rising Due to Cold Weather in Texas and Brent is Stable
Oil prices hovered today near a 13-month high on the back of sudden cold weather that caused the closure of wells in Texas, the largest oil producing state in the United States, while a wage deal in Norway avoided a supply disruption in Europe, curbing gains. Prices also increased with …
Read More » -
16 February 2021 1:32 pm
Platinum Breathtaking After Reaching Its Highest Level in Six and a Half Years
Platinum retreated from its highest level in nearly six and a half years, as prices reached a technical resistance level, but expectations that the global economic recovery would fuel demand kept the metal used to stimulate the auto sector supported above $ 1,300 an ounce. Platinum, which is used in …
Read More » -
16 February 2021 1:14 pm
European Shares Hovering Near Year Highs and Mining Soar
European stocks are hovering near their highest levels in a year today, Tuesday, as investors are hopeful about a massive US stimulus package that will lead the growth of the global economy, while Glencore topped mining shares higher after a positive update. The pan-European STOXX 600 index rose 0.2%, after …
Read More » -
16 February 2021 12:31 pm
Japan Stocks Extend Gains to Close at The Highest Level in 30 Tears
Japanese stocks rose to a 30-year high today, Tuesday, as progress in the distribution of anti-virus vaccines boosted expectations that the global economy is on the verge of a strong recovery. The benchmark Nikkei index rose 1.28% to 30,467.75, closing at its highest level since August 1990. The broader Topix …
Read More » -
16 February 2021 2:49 am
Bitcoin Retreats from Record Highs
The price of Bitcoin declined on Monday, after nearing $50,000 on Sunday, rising by 5% and reaching a new record high. The world’s largest cryptocurrency is down by 1.57% over the past 24 hours, reducing its gains over the past seven days to a little over 9%. Bitcoin recently received …
Read More » -
16 February 2021 2:42 am
Oil Prices Surge as Winter Storms Hit North America
Oil prices surged on Monday, as winter storms led to steep declines in temperatures across North America thus blasting demand for energy and heat. The global benchmark Brent crude futures rose by 1.4% to reach $63.30 per barrel, reaching their highest level since January 2020. Meanwhile, the U.S. West Texas …
Read More » -
16 February 2021 12:59 am
Emerging Markets’ Currencies to Maintain Gains on Economic Growth: Report
A recent report by Goldman Sachs Group highlighted the rise of emerging market currencies against the declining U.S. Dollar (USD) despite the recent surges in the United States Treasury yields. The MSCI Emerging Market Currency Index saw a series of gains recently, reaching a new record high last Friday as …
Read More » -
15 February 2021 11:20 pm
GBP Scores Large Gains Against JPY
The British Pound (GBP) extended its gains against the Japanese Yen (JPY) on Monday, amid a strong performance by the Sterling and the JPY seeing decreased demand as a safe haven amid increased risk appetite. The GBP/JPY has scored gains during each of the past four weeks, and today the …
Read More » -
15 February 2021 10:49 pm
GBP/USD Sees Best Levels Since 2018
The British Pound (GBP) rose on Monday against the U.S. Dollar (USD) to its highest level in about three years. Gains by the Sterling Pound came amid the decline of the USD, as well as an improved sentiment in the United Kingdom (UK) that the rollout of Coronavirus vaccines will …
Read More » -
15 February 2021 9:24 pm
European Stocks Near Highest Level in a Year
European stocks closed higher on Monday, beginning the week with a positive performance on the back of an improved risk appetite and investors’ sentiment, with hopes for better vaccine rollouts and recovery from the coronavirus pandemic. The STOXX Europe 600 index finished the session higher by 1.3%, supported by the …
Read More » -
15 February 2021 9:12 pm
U.S. Markets Closed for Presidents Day
Markets in the United States are seeing a long weekend this week, with Monday being an official holiday in commemoration of Presidents Day. Presidents Day, celebrated every year in the third Monday of February, marks the birthday of George Washington, one of the founding fathers of the U.S. and its …
Read More »