European stock markets edged lower on Friday, consolidating the previous session’s sharp gains as investors processed policy updates from several major central banks. At 03:05 ET (07:05 GMT), Germany’s DAX fell by 0.6%, France’s CAC 40 dropped 0.3%, and the U.K.’s FTSE 100 declined 0.5%. Central Banks in Focus After …
Read More »Gold Prices Hit Fresh Record High Amid Fed Shakeup Fears and U.S.-China Trade Tensions
Gold soared to another all-time high in early Asian trading on Tuesday, as geopolitical anxiety and …
These Assets Could Be Most Impacted If Trump Decides To Fire Fed Chair
This report examines whether a Federal Reserve Chair has ever been fired by a U.S. president, analyz…
US Dollar Plummets to Three-Year Low Amid Fed Independence Fears
The US Dollar Index (DXY) is reeling near 98.50, marking a three-year low after a sharp decline on M…
Bitcoin Rallies 2% to $86,955: Whale Accumulation and Predictions Signal Volatility Ahead
Bitcoin is riding a wave of bullish momentum, trading at $86,955 with a 2% gain as of April 21, 2025…
Tech and Media Stocks Tumble Amid Tariff Fears and Economic Uncertainty
Wall Street kicked off the week with sharp declines, as tariff uncertainties and economic concerns r…
USD/CAD Price Analysis: Political Pressures Weigh on US Dollar
The USD/CAD currency pair is experiencing downward pressure, hovering around the 1.3800 level as the…
Oil Prices Slide As US-Iran Talks Progress, Demand Fears Accelerate
Oil prices tumbled nearly 3% on April 21, 2025, as signs of progress in US-Iran nuclear talks and mo…
Gold Soars to Record High Near $3,425 Amid Trump-Powell Feud, Trade Tensions
Gold prices skyrocketed to a record high near $3,425 during North American trading hours on Monday, …
U.S. Stock Futures Slide as Trump-Powell Rift Undermines Market Confidence
U.S. stock index futures fell sharply on Monday as investors reacted to mounting tensions between Pr…
Dollar Plunges to Multi-Year Lows as Trump’s Fed Shake-Up Plan Jolts Investor Confidence
The U.S. dollar tumbled sharply on Monday, hitting multi-year lows against key global currencies, as…
Market Analysis
September, 2024
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20 September 2024 11:13 am
Bitcoin Rises to Three-Week High as Fed Rate Cut Spurs Risk Appetite
Bitcoin’s price surged to a three-week high on Friday, driven by improved risk appetite following the Federal Reserve’s significant interest rate cut. The world’s largest cryptocurrency gained momentum, rising in tandem with broader risk-driven markets like stocks. Other cryptocurrencies also posted gains, with Bitcoin leading the rally and setting the …
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20 September 2024 10:49 am
UK Retail Sales Surge in August as Warmer Weather Boosts Spending
British retail sales rose by a stronger-than-expected 1% in August, driven by warmer weather and end-of-season sales, according to official data released by the Office for National Statistics (ONS) on Friday. This marks a significant improvement over economists’ expectations of a 0.4% rise, as forecasted by a Reuters poll. The …
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20 September 2024 10:18 am
Gold Prices Rise as Dollar Slips After Fed Rate Cut, Markets Eye Further Reductions
Gold prices edged higher in Asian trading on Friday, supported by a weaker dollar following the Federal Reserve’s aggressive interest rate cut. The move has bolstered optimism for more rate reductions, driving demand for the precious metal as a hedge against currency weakness and economic uncertainty. Gold Reacts to Fed’s …
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20 September 2024 3:06 am
Market Drivers; US Session, September 19
Following the FOMC, the US Dollar Index (DXY) returned to the 100.50 zone while retaining its gloomy outlook. Harker of the Fed isn’t scheduled to talk until the end of the week. As selling pressure on the US dollar increased, the EUR/USD strengthened its gain from Wednesday and returned to …
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20 September 2024 2:44 am
Does Oil Price Try To Defy Market Fundamentals?
WTI futures were trading at $70.98 per barrel. WTI prices are lower by 3.35% so far this year. In the past 24 hours, Brent futures have increased by 1.95% to trade at $74.11/bbl. Brent prices have dropped by 6.26% so far this year. Although prices for West Texas Intermediate have …
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20 September 2024 12:15 am
USD/CAD weakens as investors await BoC’s Macklem speech
The USD/CAD pair is trading down on Friday morning in the Asian session, at 1.3560. The USD is still being hurt by predictions that the Fed may lower rates again this year. The commodity-linked Loonie is supported by rising crude oil prices. During Friday’s early Asian session, the USD/CAD pair …
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19 September 2024 11:21 pm
Explainer: Fed’s Rate Cut Impacts stocks, crypto and other investments
The Federal Reserve has lowered interest rates at its Sept. 17-18 meeting, decreasing the federal funds rate by 50 basis points to 4.75 to 5.0%. This is likely the first of a string of rate cuts that should help buoy the U.S. economy. Interest rates are one of the biggest …
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19 September 2024 10:00 pm
Dow Jones Soars to Fresh Heights
The Dow Jones Industrial Average (DJIA) continued its remarkable ascent, reaching yet another all-time high on Thursday. This surge, driven by the Federal Reserve’s (Fed) recent interest rate cut and robust economic indicators, underscores the prevailing bullish sentiment in the market. The Fed’s decision to lower interest rates by 50 …
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19 September 2024 8:36 pm
Fed’s Aggressive Rate Cut Boost EUR/USD Amidst ECB Uncertainty
The EUR/USD currency pair experienced a volatile trading session on Thursday, with the euro initially gaining ground against the US dollar before surrendering much of its intraday gains. The market’s reaction was primarily driven by the Federal Reserve’s (Fed) aggressive interest rate cut and diverging expectations regarding the European Central …
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19 September 2024 7:52 pm
Pound Sterling Surges Following BoE’s Rate Decision
The Bank of England (BoE) has maintained interest rates at 5% following a split decision within its Monetary Policy Committee (MPC). Despite inflationary pressures easing, the MPC opted to hold rates steady, signaling a cautious approach to monetary policy.The decision has had a significant impact on the pound sterling, which …
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19 September 2024 3:03 pm
German Economy Faces Potential Contraction Amid Industrial Weakness, Consumer Caution: Bundesbank Report
The German economy could shrink again in the third quarter of 2024, as it continues to grapple with an industrial recession, weak investment, and cautious consumer spending, according to a monthly economic report from the Bundesbank released on Thursday. Germany, the largest economy in the eurozone, has already experienced negative …
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19 September 2024 1:27 pm
Bitcoin Rises After Fed’s Rate Cut, But Less Dovish Outlook Caps Gains
Bitcoin’s price surged on Thursday following the Federal Reserve’s significant interest rate cut, which signaled the beginning of a potential easing cycle. The world’s largest cryptocurrency rose by 2.9% to $61,985 by 01:41 ET (05:41 GMT), briefly reaching a high of $62,539. Despite breaking out of the long-standing $50,000 to …
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