British Prime Minister Boris Johnson said on Wednesday that they are going to have to get used to the idea of revaccinating, as reported by Reuters. “The border policy is measured, proportionate and getting tougher next week,” Johnson said.
Read More »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…
Gold Prices Hold Steady Amid Fiscal Concerns and Trade Uncertainty Ahead of Key U.S. Jobs Data
Gold prices held steady in Asian trading on Thursday, following three consecutive days of gains. Inv…
Market Movers- US Session: NFP and Key Data to Steer Markets and Assets on July 3
On Thursday, July 3, 2025, investors and traders will zero in on a critical lineup of US economic re…
AI Stocks Surge: Can Canadian Innovators Ride the Wave to Massive Gains?
The artificial intelligence (AI) sector is sparking a frenzy in global markets, with chipmakers like…
US Bond Yields Climb Amid Trade Talks and NFP Data Anticipation
US bond yields have been rising since the start of trading on Wall Street, driven by anticipation of…
Market Analysis
February, 2021
-
10 February 2021 4:09 pm
Iraq’s Oil Minister: OPEC+ to Keep Output Policy Unchanged at Next Meeting
Iraq Oil Minister HE Ihsan Abdul Jabbar Ismaael said on Wednesday that Iraq’s oil exports should average around 2.9 million barrels per day in February, as reported by Reuters. Ismaael added that he expects Brent prices ranging between $58 and $63 and noted that he doesn’t expect OPEC+ to make …
Read More » -
10 February 2021 3:25 pm
European Stocks on Positive Side on SocGen Earnings Report
European stocks rose during trading on Wednesday on upbeat quarterly earnings reports from companies including SocGen helped boost optimism about a faster vaccine-led economic recovery this year. The STOXX 600 rose 0.3%, with commodity-related and banking stocks leading the gains. Most of the European indices were higher in early trade. …
Read More » -
10 February 2021 2:35 pm
Gold Rises on Dollar Faltering And Stimulus Hopes
Gold rose on Wednesday, February 10, hovering near the peak of a week that it reached in the previous session, as the attractiveness of the yellow metal increased as a hedge against inflation after the dollar fell and hopes for a US stimulus package increased. And gold rose in spot …
Read More » -
10 February 2021 1:45 pm
Germany: Inflation Rate at Its Highest Level in 7 Months
Germany recorded an annual inflation rate of 1% in January 2021, in line with preliminary estimates. For January, the annual rate of inflation accelerated from -0.3% to 1.0%, which was also in line with prelim figures. In both November and in December consumer prices had fallen by 0.3% year-on-year. consumer …
Read More » -
10 February 2021 1:23 pm
EIA Reduces Its Forecast For Global Oil Demand Growth in 2021
The US Energy Information Administration, on Tuesday, February 9th, reduced its forecast for global oil demand growth in 2021 by 180,000 barrels per day to 5.38 million barrels per day. In its monthly forecast, the administration raised its estimate of oil demand growth in 2022 by 190,000 barrels per day …
Read More » -
10 February 2021 1:14 pm
Britain Records a New Decrease in Corona Cases and an Increase in the Number of Deaths
On Tuesday, February 9th, Britian recorded another decrease in the daily number of new cases of COVID-19, despite an increase in the number of deaths. Tests confirmed that 12,364 people were infected with the virus, in the latest daily toll, down from 14,104 cases yesterday, Monday. The number of new …
Read More » -
10 February 2021 1:04 pm
Oil Decline Despite an Unexpected Drop in US Inventories
Oil prices fell on Wednesday, February 10, threatening to end the longest rise in two years as investors ignored sector data showing lower US crude oil inventories, boosting optimism about an expected increase in global demand for fuel. Brent crude fell cents to 61.08 dollars a barrel, after increasing about …
Read More » -
10 February 2021 12:45 pm
Japan Shares Higher on Bright Prospects For Auto Sector
Japanese shares closed higher in choppy trade Wednesday, February 10, after positive earnings from market leaders Toyota and Honda shed light on an improved global economic outlook. Nikkei’s benchmark rose 0.19% to 29,562.93 points, while cyclical and technology-related consumer stocks led the gains. The broader Topix index increased 0.27% to …
Read More » -
10 February 2021 3:34 am
Senate Begins Trump’s Second Impeachment Trial
The proceedings of former United States President Donald Trump’s second impeachment trial in the U.S. Senate began earlier today. For hours on Tuesday, Democratic members of the House of Representatives who are impeachment managers as well as Trump’s defense team debated the constitutionality of the impeachment trial. Trump’s lawyers argue …
Read More » -
10 February 2021 2:08 am
U.S. Oil Inventories Down 3.5 M Barrels: API
Crude oil inventories in the United States declined by 3.5 million barrels last week, according to the weekly report of the American Petroleum Institute (API) released on Tuesday. During the week ending February 5, gasoline stockpiles rose by 4.8 million barrels, while distillate inventories decreased by 487,000 barrels. It is …
Read More » -
10 February 2021 2:05 am
NYSE Closes Mostly Lower but Nasdaq Snaps Another Record High
The main indices of the New York Stock Exchange (NYSE) closed mostly lower on Tuesday, after a series of gains that saw it hit new all-time record highs. The decline comes on the back of mixed financial results reported by some major listed companies. The Dow Jones Industrial Average declined by …
Read More » -
10 February 2021 1:58 am
Oil Maintains Rally and Scores Best Gains in a Year
Oil prices continued to rise on Tuesday, reaching a new year-high level after declining earlier in the session. The rally of crude prices is supported by the commitment of major producers, an alliance known as OPEC+, to output curbs. In addition, hopes for economic recovery and the anticipation for a …
Read More »