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Gold prices rose on Wednesday and managed to finish net their highest level in about a week, supported by a muted performance by the U.S. Dollar (USD). Recent remarks by the U.S. Federal Reserve Chair Jerome Powell that pointed to no plans to raise interest rates just to combat inflation …
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13 January, 2026 6:18 pm
U.S. Inflation Holds Steady in December as Core Pressures Ease
U.S. consumer inflation in December remained unchanged from the prior month, while underlying price …
13 January, 2026 3:41 pm
Bitcoin Slips in Asia as CPI Uncertainty and Geopolitical Risks Dampen Risk Appetite
Bitcoin edged lower in Asian trading on Tuesday, underperforming equity markets as investors remaine…
13 January, 2026 1:52 pm
European Stocks Edge Higher as Markets Weigh Iran Risks, U.S. Inflation and Earnings Season
European equities traded mixed to slightly higher on Tuesday, as investors balanced a positive lead …
13 January, 2026 12:30 pm
Oil Prices Climb for Fourth Session as Iran Unrest and Russia Risks Tighten Supply Outlook
Oil prices extended their rally in Asian trading on Tuesday, rising for a fourth straight session as…
13 January, 2026 2:51 am
Do Bubble Fears Persist? Here’s How to Survive an AI Crash
The AI Bubble: Risks and Resilience in Global Markets The new year has opened with stock markets soa…
13 January, 2026 12:48 am
S&P 500 Breaks Records Amid Powell’s Row, Credit Rate Shock
Wall Street Climbs Despite Powell Probe: The S&P 500 surged to a fresh all-time intraday high, d…
12 January, 2026 11:47 pm
USD Under Pressure: Political Turmoil Shakes the Markets
Sudden Slide: The U.S. dollar lost much of last week’s gains, with its index slipping about 0.4% aga…
12 January, 2026 10:57 pm
Warnings of Consequences from Powell Probe; Yellen Calls It ‘A Terrifying Move’
Janet Yellen, the former Federal Reserve chair, has warned that the criminal investigation targeting…
12 January, 2026 9:50 pm
Taiwan Semiconductor at a Crossroads Ahead of Crucial Earnings: Strong Momentum Meets Growing Uncertainty
Taiwan Semiconductor is preparing to unveil its latest quarterly results at a time when global atten…
12 January, 2026 8:57 pm
Gold’s Historic Leap – $4,620 and Beyond: Sparks That Lit the Rally
On January 12, 2026, gold surged to a record $4,620, climbing nearly 2.5% in a single day before eas…
Market Analysis
June, 2021
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23 June 2021 9:30 pm
European Stocks Decline for First Time in Three Sessions
European stocks closed lower on Wednesday, after rising for two consecutive sessions, despite concerns about the Federal Reserve raising rates soon to combat inflationary pressures eased by Chair Jerome Powell. The pan-European STOXX 600 index fell by 3.32 points, or 0.73%, to finish at 453.10 points. The French CAC40 index …
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23 June 2021 8:50 pm
Dollar Rebounds But Remains in Negative Territory
The U.S. Dollar (USD) has recovered some of its losses on Wednesday, after rising earlier in the Asian and European sessions. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is down by 0.04% 91.72. Earlier today, the index fell as low …
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23 June 2021 7:21 pm
U.S. Oil Inventories Down 7.6 M Barrels in Week – EIA
Crude oil inventories in the United States declined by 7.6 million barrels last week, data showed on Wednesday. For the week ended June 18, gasoline stockpiles dropped by 2.9 million barrels, while distillate inventories increased by 1.8 million, according to the Energy Information Administration (EIA).
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23 June 2021 7:17 pm
U.S. Home Sales Down 5.9% in May
New home sales in the United States declined in May by 5.9% to a seasonally adjusted annual rate of 769,000 units, official data by the U.S. Census Bureau showed on Wednesday. On an annual basis, sales increased by 9.2% last month. The number of homes available for sale by the …
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23 June 2021 6:33 pm
U.S. Markit Services PMI Declines to 64.8 in June
The business activity in the US service sector continued to expand at a strong pace in June but lost momentum compared to May with the Markit Services PMI declining to 64.8 from 70.4 70 figure was expected. The Composite PMI fell to 64.9 in June from 68.7 in May.
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23 June 2021 5:54 pm
U.S. Manufacturing PMI Jumps to 62.6 in June
The IHS Markit’s Manufacturing PMI for the US rose to 62.6 in June from 62.1 in May to a record high. This reading came in better than the market forecast of 61.4 and revaled that the business activity in the manufacturing sector continued to expand at an unprecedented pace.
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23 June 2021 5:17 pm
OPEC+ Considering Boosting Output by 500K bPD When They Meet Next Week
The Organization of the Petroleum Exporting Countries (OPEC) and its allies are considering boosting the group’s collective output by some 500,000 barrels per day when they meet next week, the Wall Street Journal reported on Wednesday, according to Reuters
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23 June 2021 4:45 pm
Canada: Retail Sales Decline by 5.7% in April
Retail Sales in Canada fell by 5.7% on a monthly basis in April, the data published by Statistics Canada showed on Wednesday. This reading followed March’s increase of 3.6% and came in worse than the market expectation for a contraction of 5%.
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23 June 2021 3:48 pm
BoE Preview: Forecasts From Three Major Banks
The Bank of England announces its latest decision at 11:00 GMT on Thursday, June 24 here are the expectations forecast of three major banks. Wells Fargo “We expect policymakers to provide an update on how the economy is evolving and if the renewed spread of COVID-19 is disrupting economic activity. …
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23 June 2021 3:07 pm
Gold Gains After Powell Calms Interest Rate Fears
Gold prices rose on Wednesday, June 23, after US Federal Reserve Chairman Jerome Powell pledged to keep interest rates near zero for some time, bringing the dollar to near its lowest level in a week. Spot gold rose 0.2% to $1,782.46 an ounce, and gold futures in the United States …
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23 June 2021 2:38 pm
Oil Hits More Than Two-Year High Thanks to US Inventories
Oil topped $75 a barrel on Wednesday, hitting its highest since late 2018 after an industry report on crude inventories in the United States bolstered views of tight supplies in the market as travel grew in Europe and North America. Two market sources told Reuters that the American Petroleum Institute …
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23 June 2021 2:27 pm
Eurozone Business Activity Grows at Fastest Pace in 15 Years Thanks to Demand
A survey showed that business activities in the eurozone grew at the fastest pace in 15 years this month, as the easing of public isolation measures and the release of demand led to a boom in the services sector that dominates the bloc. The preliminary reading of the IHS Markit …
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