The European Central Bank (ECB) reportedly sees no need for drastic action to curb recent developments in the bond market, Blomberg reports, citing officials familiar with discussions. The officials said that the ECB believes that the risk to the economy is manageable via verbal interventions and QE/PEPP flexibility. “The ECB …
Read More »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…
US Treasury Secretary: It’s up to Fed to decide on rates, Powell replacement discussions set for fall
U.S. Treasury Secretary Scott Bessent emphasized that interest rate decisions rest with the Federal …
Market Analysis
March, 2021
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3 March 2021 1:47 pm
UK Final Services PMI Revised Down in Feb
The UK services sector activity came less than expectations in February, the final report from IHS Markit came out this Wednesday. The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised higher to 49.5 in February versus 49.7 expected and a 49.7 – last month’s flash reading.
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3 March 2021 1:32 pm
Currencies Overview: The US Dollar Weakened as Risk Sentiment Recovered
The dollar, which is generally considered a safe haven, remained weak on Wednesday, March 3rd, as Treasury yields continued to decline, restoring some calm to global markets and sparking renewed demand for riskier assets. Riskier currencies, including the Australian dollar and the Norwegian kroner, held onto the two-day streak of …
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3 March 2021 1:01 pm
Gold Prices Are Under Pressure Due to The Increase in US Treasury Yields
Gold prices fell on Wednesday, March 3, to fall for the sixth session in seven sessions, as the yellow metal, which does not yield a return, has been under pressure due to expectations that US Treasury revenues will rise thanks to more economic stimulus. Spot gold fell 0.3% to $1732.51 …
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3 March 2021 12:35 pm
Oil Prices Drop to a Two-Week Low, Amid Expectations That OPEC+ Will Ease Supply Restrictions
Oil prices fell to their lowest in two weeks on the expectation that the OPEC+ group will ease restrictions on supplies during its meeting later this week as economies begin to recover from the Coronavirus pandemic. OPEC Secretary-General Muhammad Barkindo said that the outlook for oil demand looks more positive, …
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3 March 2021 4:42 am
Senate Debating Biden’s $1.9 T Rescue Plan
The United States is debating the $1.9 trillion stimulus package, as proposed by President Joe Biden, after the House of Representatives passed the relief bill. Democrats are expected to pass the “American Rescue Plan” bill through the reconciliation option, which allows approving the bill with a simple majority without any …
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3 March 2021 4:30 am
Fed’s Brainard: Economy Remains Far From Goals
Federal Reserve Governor Lael Brainard said on Tuesday that she is paying close attention to market developments, referring to last week’s surge in U.S. Treasury yields to their highest level in about a year. “Some of those moves last week and the speed of the moves caught my eye.”“I would …
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3 March 2021 4:24 am
Fed’s Daly: No Reaction Needed to Rising Treasury Yields
The President of the Federal Reserve Bank of San Francisco, Mary Daly, said on Tuesday that rising Treasury yields are worth monitoring by the central bank but should not lead to a change in the Fed’s policies. Daly noted that changes in equity markets sometimes run counter to the real …
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3 March 2021 4:15 am
Wall Street Closes Lower Amid Tech-Led Selloff
The main indices of the New York Stock Exchange (NYSE) finished Tuesday lower, despite U.S. Treasury yields continuing to decline from their record levels, with Wall Street investors anticipating the passing of the $1.9 trillion stimulus package by the Senate. The market’s decline was led by the losses of the …
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3 March 2021 4:08 am
U.S. Treasury Yields Continue to Decline
Treasury yields in the United States continued to decline on Tuesday for the third consecutive session, as remarks by Federal Reserve officials highlighted the focus on the bond market. The benchmark 10-year Treasury bond yield decreased by 3.1 basis points to 1.413%. Return on the 30-year bond fell by 0.5 …
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3 March 2021 4:05 am
U.S. Oil Supplies Rise by 7.4 M Barrels: API
Crude oil inventories in the United States increased by about 7.4 million barrels last week, according to data by the American Petroleum Institute (API) on Tuesday. Gasoline inventories declined by 9.9 million barrels, while distillate stockpiles fell by 9.1 million barrels. Earlier today, Brent crude futures for May delivery fell …
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2 March 2021 11:00 pm
Gold Returns to Gains After Five Losses in Row
Gold prices rose on Tuesday, after declining for five straight sessions, amid a decline in Treasury yields that also pushed the U.S. Dollar (USD) lower. The yellow metal futures for April delivery gained $10.60, or 0.6%, to close at $1,733.60 per ounce. Gold settled on Monday at its lowest level …
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2 March 2021 9:30 pm
European Stocks Continues to Rise As Treasury Yields Stabilize
European stocks closed higher on Tuesday, amid a decline in Treasury yields leading to an improvement in investors’ sentiment. The pan-continental STOXX Europe 600 index finished higher by 0.19% at 413.23 points, following its strong performance on Monday. The French CAC40 index rose by 0.29%, while the German DAX gained …
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