Rising treasury yields continued to make the biggest effect on the market last week, amid expectations for a surge inflation due to the increased government stimulus and monetary easing policies. Treasury yields in the United States rose last week to their highest level in about a year, with the benchmark …
Read More »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 …
GBP/USD Holds Firm Amid US Jobs Strength and UK Reeves Uncertainty
The GBP/USD pair showed resilience, trading 17% up, steadily at 1.3654 despite a robust US jobs repo…
Has Surprisingly Strong Jobs Report Dashed Hopes for Sooner Rate Cuts?
The robust U.S. jobs report for June, released on July 3, 2025, has upended expectations for a Feder…
U.S. Nonfarm Payrolls Report: June Data Shows Better-than-Expected Job Growth
The U.S. job market showed stronger-than-expected growth in June, according to the latest data from …
U.S. Stock Futures Edge Up as Trade Deal with Vietnam and Jobs Report Awaited
U.S. stock futures saw modest gains on Thursday as investors weighed the implications of a trade agr…
Bitcoin and Cryptocurrencies Surge Amid Trade Optimism and Economic Data Anticipation
Bitcoin extended its gains on Thursday, building on the momentum from the prior session as improved …
UK Services Sector Sees Strong Growth in June, Exceeding Expectations
The UK services sector saw its fastest expansion in nearly a year in June, according to the latest d…
European Stocks Rise Amid Trade Optimism and Caution Ahead of U.S. Jobs Report
European stocks gained on Thursday, continuing the positive momentum from Wall Street, though cautio…
Oil Prices Slip Amid Trade Concerns, U.S. Tariff Uncertainty, and Potential Output Hikes
Oil prices experienced a slight dip on Thursday, following a 3% gain in the previous session, as mar…
Market Analysis
March, 2021
February, 2021
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27 February 2021 2:00 am
Oil Prices Close Lower but Score Monthly Gains
Oil prices declined on Friday, amid a rise by the U.S. Dollar (USD) and expectations for deciding on an increase in output during the upcoming OPEC+ summit. Brent crude futures for April delivery declined by 75 cents, or 1.1%, to close at $66.13 per barrel, while May futures plunged by …
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27 February 2021 1:23 am
Gold Registers Worst Monthly Losses since 2016
Gold prices declined on Friday, falling for the fourth consecutive session, extending their weekly and monthly losses amid a rise in treasury yields. The yellow metal futures for April delivery closed lower by $46.60, or 2.6%, at $1,728.80 per ounce, finishing at their lowest level since June 2020. For the …
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27 February 2021 12:48 am
U.S. Oil Rigs Rise by Four in Week
The number of active rigs drilling for oil in the United States increased by four to 309 this week, according to data by Baker Hughes released on Friday. Natural gas rigs rose by one rig, with the total rig count increasing by five to 402. Last week, oil rigs recorded …
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27 February 2021 12:42 am
European Stocks End Week Lower Decreasing Monthly Rise
European stocks closed lower on Friday, extending their weekly losses, amid a rise in treasury yields. The STOXX Europe 600 index declined by 1.72% to finish the week at 404.64 points, declining by 2.5% on a weekly basis. On the monthly level, the pan-European index gained 2.2%. The French CAC40 …
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26 February 2021 10:00 pm
Unemployment in Brazil Continues to Decline
The unemployment rate in Brazil declined by the end of 2020, reaching 13.9%, official data showed on Friday. More workers in Brazil are returning to the job market, as the economy recovers from the impact of the Coronavirus impact. Nevertheless, the average unemployment rate of last year reached the highest …
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26 February 2021 9:00 pm
U.S. Retail Sales Expected to Grow by 6.5-8.2%
The National Retail Federation (NRF) expects retail sales in the United States to grow by a rate of 6.5% to 8.2% this year, exceeding $4.33 trillion in volume. The expectation comes as the American economy is recovering from the impact of the Coronavirus pandemic, with the rollout of vaccines set …
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26 February 2021 8:13 pm
USD Continues to Rise on Positive Data
The U.S. Dollar (USD) continued to rise on Friday, supported by positive economic data that signaled an improvement in consumer spending. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up for the day by 0.48% at 90.57. The index has …
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26 February 2021 7:37 pm
Chicago PMI Declines in February
The Chicago Purchasing Managers’ Index (PMI) declined to 59.5 in February from 63.8 in January, data by ISM-Chicago showed on Friday. Despite the decline, it is worth noting that for the index a reading above 50 indicates the expansion of the manufacturing sector, while a reading below this level indicates …
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26 February 2021 7:25 pm
U.S. Consumer Sentiment Declines in January
Consumer sentiment in the United States declined in February, with many surveyed consumers still concerned about the pace of economic recovery and growth in the job market. The Consumer Sentiment Index declined to 76.8 in February from 79 in January, according to data by the University of Michigan released on …
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26 February 2021 7:12 pm
Indian Economy Recovers from Recession in Q4 of 2020
India’s gross domestic product (GDP) expanded by 0.4% on an annual basis during the fourth quarter (Q4) of 2020, data showed on Friday. Revised readings showed that the Indian economy contracted by 7.3% in Q3 and by 24.4% in Q2 of last year, according to figures by the Indian National …
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26 February 2021 7:03 pm
U.S. Consumer Spending and Personal Income Rise in January
Consumer spending in the United States increased sharply last month, amid increased government stimulus spending and a decrease in the number of new Coronavirus cases. U.S. consumer spending rose by 2.4% in January, following a 0.4% decline in December, data by the U.S. Department of Commerce showed on Friday. The …
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26 February 2021 6:21 pm
Canada: Industrial Product Price Index Rises in January
Prices for products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), rose by 2% in January, the data published by Statistics Canada showed on Friday. This reading followed December’s increase of 1.5%.
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