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For the second day in a row, the Turkish lira is trying to rise against the US dollar, after Turkey announced the discovery of a natural gas field. Natural gas discoveries raise the Turkish lira because they contribute to creating a balance in the balance of payments and reduce imports. …
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17 January, 2026 2:36 am
Trump’s Return to Davos Puts Global Economy and Trade Order Under the Spotlight
The annual World Economic Forum in Davos is set to unfold against a backdrop of heightened economic …
17 January, 2026 1:56 am
Gold Pauses After Record Run as Markets Lock in Profits
Gold prices eased slightly at the end of the trading session, closing near $4,596 per ounce, as inve…
17 January, 2026 12:44 am
Oil Prices End Higher as Holiday Trading and Geopolitical Risks Support the Market
Oil prices closed higher as traders positioned ahead of the U.S. holiday weekend, with lingering geo…
16 January, 2026 11:16 pm
Trump’s Reluctance Shakes Up the Fed Chair Race
President Donald Trump signaled fresh uncertainty over the future leadership of the Federal Reserve …
16 January, 2026 9:57 pm
Inflation Takes Center Stage as Markets Brace for a Crucial Week Ahead
The US dollar struggled to find clear direction over the past week, caught between geopolitical tens…
16 January, 2026 8:54 pm
Markets Edge Lower as Bank Earnings Raise Caution Ahead of a Pivotal Week
U.S. equity futures traded tentatively ahead of the opening bell, reflecting investor unease as fres…
16 January, 2026 7:42 pm
Yen Gains on Intervention Fears While Dollar Holds Strong
The Japanese yen strengthened on Friday, with USD/JPY slipping to 158.02, down 0.35%, as markets rea…
16 January, 2026 4:49 pm
Dollar Set for Third Weekly Gain as Strong U.S. Data Pushes Back Rate Cut Expectations
The U.S. dollar edged slightly lower on Friday, but remained on track for another weekly gain as str…
16 January, 2026 3:45 pm
Bitcoin Slips After U.S. Lawmakers Delay Crypto Regulation Bill
Bitcoin edged lower in Asian trading on Friday, trimming part of this week’s rebound after U.S. lawm…
16 January, 2026 2:48 pm
Oil Prices Edge Higher as Supply Risks Linger Despite Easing Iran Tensions
Oil prices inched higher on Friday, supported by lingering supply concerns, even as the immediate th…
Market Analysis
June, 2021
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10 June 2021 2:39 pm
European Central Bank Meeting: Forecasts From 5 Major Banks
The European Central Bank is expected to leave its PEPP unchanged at a total of EUR1.85 trillion. The ECB releases its decision at 11:45 GMT while ECB President Christine Lagarde begins her press conference at 12:30 GMT. Danske Bank “The ECB meeting will focus on the financing conditions, PEPP implementation …
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10 June 2021 1:53 pm
Markets Await ECB Decision And US Inflation Figures, What’s to Come?
The European Central Bank will announce its decision at 11:45 GMT, and if it does not cut back on purchases, the Euro may fall. The press conference begins at 12:30 GMT, on the other hand, the US will release CPI data and unsurprising inflation numbers may lead to a rebound …
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10 June 2021 1:17 pm
ECB to Plot Next Phase of Pandemic Bond-Buying
According to the economists surveyed by Bloomberg, the European Central Bank (ECB) is expected to maintain the current pace of the bond-buying programme while upgrading the outlook for growth and inflation.
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10 June 2021 1:15 pm
Car And Oil Companies Press on European Shares Before The ECB meeting
European shares fell Thursday, June 10 as energy and auto stocks fell, as investors focused on the European Central Bank meeting later in the day. The European Stoxx600 index was down 0.1%, ending a four-day winning streak. Eurozone shares fell 0.2% ahead of the European Central Bank’s policy decision and …
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10 June 2021 12:28 pm
Oil Falls as The Start of The Flight Season in America Fails to Increase Fuel Demand
Brent crude futures fell 36 cents, or 0.5%, to $71.86 a barrel, while US oil futures fell 35 cents, or 0.5%, to $69.61 a barrel. The US Energy Information Administration said on Wednesday that US crude oil stocks, which include strategic petroleum reserves, fell for the eleventh consecutive week as …
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10 June 2021 6:19 am
U.S. Inflation Likely to Register Highest Rise Since 2008
Markets are anticipating the release of the U.S. consumer price index (CPI) reading for May on Thursday, with expectations of a surge in the inflation rate. Data by the United States Bureau of Labor Statistics are likely to show that an inflation reading of 4.7% last month, with core inflation …
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10 June 2021 4:03 am
Wall Street Declines Ahead of Inflation Data
The main indices of the New York Stock (NYSE) closed lower on Wednesday, to erase earlier gains, with Wall Street investors anxiously awaiting the release of inflation data and reacting to the drop in Treasury bond yields. The Dow Jones Industrial Average lost 152.68, or 0.44%, to close at 34,447.14 …
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10 June 2021 3:56 am
Oil Prices Stabilize Following U.S. Inventory Report
Oil prices showed a mixed performance on Wednesday, after the weekly inventories report in the U.S. showed a huge surge in gasoline stockpiles. The U.S. crude benchmark futures declined, while the global benchmark settled nearly unchanged, despite a decline in crude inventories in the United States. The rise in gasoline …
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10 June 2021 3:25 am
Gold Closes Higher as Treasury Yields Retreat
Gold prices finished higher on Wednesday with small gains, amid a decline by the U.S. Dollar (USD) and Treasury bond yields. Nevertheless, the yellow metal’s most active contracts failed to regain the $1,900 key level. Gold futures for August delivery gained $1.1 to close at $1,895.50 per ounce. Markets are …
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10 June 2021 2:51 am
European Stocks Close Mixed ahead of ECB Meeting
European stocks showed a mixed performance on Wednesday, with investors awaiting the decision of the European Central Bank (ECB) regarding the future of the Pandemic Emergency Purchase Programme (PEPP). The pan-European STOXX 600 index rose marginally by a little less than 0.1% at 454.44 points. The benchmark index in France, …
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10 June 2021 2:38 am
GBP/USD Scores Daily Gains in Absence of Data
The British Pound (GBP) rose against the U.S. Dollar (USD) and managed to finish Wednesday’s trading higher on the back of a the latter’s decline. The GBP/USD finished at 1.4173, higher for the day by about 0.11%, after closing on Tuesday at 1.4157. Markets are anticipating the release of May’s …
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10 June 2021 1:00 am
EUR/USD Erases Daily Gains to Settle Near Daily Low
The Euro (EUR) erased most of its gains against the U.S. Dollar (USD) on Wednesday, moving towards a marginal rise near its closing level in the previous session. Earlier today, the EUR/USD pair was trading as high as 1.2218, due to the brief plunge by the Dollar, after falling U.S. …
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