The Asian session on Tuesday was quiet, with Asian stocks looking for a clear direction. The Nikkei index closed down 0.75 percent to 29,285.46 points, after rising 0.82 percent earlier in the session. The broader Topix index fell 0.81 percent to 2018.77 points. Many technology-related stocks shone, led by SoftBank …
Read More »Dollar Arrests 4-Day Slide as Markets Freeze Ahead of Warsh’s Fed Debut: Iran Deal Shifts Focus to Central Bank Trajectories
Key Takeaways Dollar stabilizes: The DXY traded largely flat at 99.55 — near a 10-day low — ending i…
UK Inflation Holds at 2.8% in May, Beating Forecasts: Iran Peace Deal Sparks Hopes of Peak Passing as BoE Holds Tomorrow
Key Takeaways CPI steady at 2.8%: UK inflation was unchanged from April’s 13-month low — well …
Gold Pauses After Four-Day Rally as Fed Decision Looms: World Gold Council Survey Shows Central Banks Buying More
Key Takeaways Gold steadies: Spot gold edged down 0.1% to $4,327.56 per ounce, while gold futures ti…
Oil Falls for Fifth Straight Session to March Lows: Iran Deal Supply Wave Looms as API Flags Massive 8.3M Barrel Draw
Key Takeaways Five-day losing streak: Brent fell 0.9% to $78.23 per barrel, while WTI slipped 1.2% t…
Euro Holds Firm Despite Headwinds as Strong German Data Limits Losses
The euro remained resilient against the U.S. dollar on Tuesday, supported by encouraging economic da…
Pound Sterling Gains Ground Against U.S. Dollar as Risk Appetite Improves
The British pound strengthened against the U.S. dollar on Tuesday as improving investor sentiment re…
Fed Set to Hold Rates, but Warsh Holds the Spotlight As Wall Street Awaits What’s Beyond Interest Rates
The Federal Reserve’s June meeting is shaping up to be one of the most closely watched policy …
PayPal Enters Oversold Territory, but Is It a Genuine Buying Opportunity?
Amid continued volatility across the fintech sector in 2026, PayPal (PYPL) has emerged as one of the…
What Trump Heard from Carney About Chinese EVs—and Why It Matters
A seemingly casual exchange between the Canadian prime minister and U.S. President Donald Trump has …
Resilient but Not Relaxed: Europe Faces Its Next Economic Test
Europe’s growth holds firm as inflation risks refuse to fade. As geopolitical tensions show signs of…
Market Analysis
November, 2021
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9 November 2021 12:58 pm
The Rise of The Yen Brings Japanese Nikkei Down
The Nikkei index retreated from mid-session gains, to close lower on Tuesday, November 9, pressured by the rise in the yen and some disappointing business results, but the rise of technology shares led by Softbank Group limited losses. The Nikkei index closed down 0.75% to 29285.46 points, after rising 0.82% …
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9 November 2021 3:37 am
Market Drivers – U. S. Session – 08-11-2021
Weaker USD profile prevailed all through the U. S. trading session on Monday. The GBP/USD pair has jumped to 1.3530-35 by weaker USD and EUR/USD was another pair that similarly benefited from the same reason, while Treasury yields continued surging and Gold touched fresh highs. Inflation is still impacting monetary …
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9 November 2021 3:08 am
Why Bitcoin Jumped on Monday
Bitcoin has been climbing since early Saturday morning. Truth to say regulation and taxation are on the way with steady steps, but that may be also good news, not only for Bitcoin, but also for , Ethereum, and Dogecoin as well.The value of cryptocurrencies jumped over the weekend and the …
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9 November 2021 2:55 am
Fed Survey: U. S. Credit Rules Eased
Banks largely eased credit standards for businesses, commercial real estate investors and households in Q3, as the U.S. economy weathered the latest wave of the coronavirus pandemic, a Federal Reserve survey reported on Monday.The Fed’s Senior Loan Officer Survey, offering evidence of continued economic momentum, said banks “generally reported having …
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9 November 2021 2:22 am
Fed: U. S. Economy at Risk by China’s Collapsing Real Estate
The Federal Reserve Bank warned on Monday that stresses in the Chinese real estate sector posed risk to the US financial system, pointing out that the impact of the heavily indebted property companies like Evergrande could be a potential source of worldwide contagion.“Given the size of China’s economy and financial …
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9 November 2021 2:02 am
Positive Sentiment Keeps AUD/USD Firmer
AUD/USD holds onto Monday’s gains past 0.7400, edging higher around 0.7420 during the early Tuesday morning in Asia. The risk weatherglass pair recovered from the monthly low on Friday amid mixed concerns while a sluggish start to the week and the downbeat US dollar helped the AUD pair post the …
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9 November 2021 12:25 am
EUR/USD Benefits from U. S. Dollar’s Weakness
EUR/USD advances to begin the trading week on the right stance, up 0.18%, trading at 1.1587 during the day, as positive market sentiment as witnessed by rising US stock indices prevails the financial markets. In the Forex market, risk-sensitive currencies rise, with the NZD, the GBP, and the AUD, as …
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8 November 2021 10:50 pm
U. S. Shares Jump Over Improved sentiment
The S&P 500 has edged higher in the New York session, up by 0.08%, to settle at 4,701.The Dow Jones Industrial has added 0.23%, up to 36,412, while the Nasdaq has fallen by 0.01%, at 16,358. Positive U. S. jobs data last Friday, in addition to tapering by the U. …
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8 November 2021 10:28 pm
Tesla Shares Slide After Musk’s Tweet
Carmaker’s chief executive Elon Musk asked Twitter users whether he should sell 10% of his Tesla stock. Tesla will move its headquarters to Austin, Texas, said CEO Elon Musk, comparing the current crowded operations at the factory in Fremont, Calif., to “spam in a can”.Musk said the electric-vehicle maker would …
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8 November 2021 10:06 pm
WTI Unevenly Traded Around $82.00
`Crude oil prices have been uneven during recent trading but continue to trade with a positive bias on the day.Front-month futures contracts for the U. S. WTI, currently trades close to $82.00/barrel, having swung between the $81.30-$82.60 at various points throughout the U. S. session. WTI currently trades with on-the-day …
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8 November 2021 9:50 pm
BoE’s Signals Combating Inflation with Rates Action
The Bank of England’s governor, Andrew Bailey, has stated in recent trade that the U. K. will have to act with rates if there is evidence of higher inflation expectations impacting workers’ wages.Key comments by BoE’s Bailey:Much of rise in inflation has to do with reopening after lockdowns.What we are …
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8 November 2021 9:38 pm
BoE Won’t Politicize Dealings with Foreign Clearing Houses
The Bank of England will not politicize how it supervises foreign clearing houses with confronting responses to whatever the European Union decides, a senior BoE official said on Monday.Christina Segal-Knowles, the BoE’s executive director for financial market infrastructure, pointed out in a public consultation paper how the central bank will …
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