Government data revealed that Japanese exports rose for the first time in two years in December, driven by shipments to China, providing a glimmer of hope for policymakers who are counting on an export-led recovery amid an increase in coronavirus cases. A recovery in exports may ease the risk of …
Read More »Weekly Recap: Earnings, Trade Wins and Fed Talks Shape the Week
Donald Trump has announced that a trade deal has been struck between the US and the EU following a p…
Will Cracks Emerge in US-Japan Trade Deal?
Discrepancies Over Investment and Profits:A seemingly triumphant announcement of a preliminary trade…
Gold Miner Shines: Earnings Soar as Precious Metal Prices Climb
Shares of a leading gold mining company surged on Friday, reaching their highest level in three year…
Political Firewalls Weaken: Are Powell’s Stance, Fed’s Independence Still Under Threat?
A significant shift is underway in the political landscape surrounding the Federal Reserve. While Pr…
Dow Jones Rebounds: Unexpected Durables Strength and Tariff Hopes Fuel Market Rally
The Dow Jones Industrial Average (DJIA) demonstrated a notable recovery on Friday, clawing back rece…
Oil Under Pressure: Brent and WTI Drop as Supply Surges and Demand Outlook Clouds
Global oil markets are facing renewed pressure, with both West Texas Intermediate (WTI) and Brent cr…
US Treasury Yields Climb As Countdown For Fed’s Policy Meeting Begins
As financial markets gear up for the central bank’s pivotal meeting next week, the US 10-Year …
Euro Stands Strong Amidst Global Trade Disputes
The Euro has demonstrated remarkable resilience in recent months, emerging as a top performer among …
Major Trade Breakthrough: EU and US Nearing Framework Agreement This Weekend
Optimism is building for a significant advancement in transatlantic trade relations, as officials fr…
U.S. Stock Futures Edge Higher as Investors Digest Earnings and Trade Deal Optimism
U.S. stock index futures were on the rise Friday, capping off a generally positive week as investors…
Market Analysis
January, 2021
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21 January 2021 3:49 pm
Bitcoin Down 10%, Continues to Descend from Record Heights
Bitcoin fell 10% Thursday, January 21, to a 10-day low at 31,977 dollars, as the most popular digital currencies in the world continued to decline from a peak of 42 thousand dollars reached on January 8. The decline came amid growing fears that Bitcoin was one of a group of …
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21 January 2021 2:50 pm
The European Central Bank Unchanged, But Will Express Concern
Financial markets await today’s ECB decision on interest rates alongside other monetary policy issues. Markets expect the ECB to remain unchanged. The European Central Bank will leave interest rates and the asset purchase program unchanged but is expected to speak of a strong recovery after the Corona pandemic while expressing …
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21 January 2021 2:32 pm
Oil Falling After a Sudden Increase in US Crude Stocks
Oil fell Thursday, January 21, after data for the sector showed a sudden increase in US crude stocks, which once again fueled fears about demand driven by the Coronavirus pandemic, but hopes of stimulus in the United States curbed the decline in prices. US West Texas Intermediate crude futures fell …
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21 January 2021 2:04 pm
Biden Rejoins WHO
President Joe Biden has signed an executive order that reverses his predecessor Trump’s decision to leave the World Health Organization (WHO) amid the global coronavirus pandemic. Trump withdrew from the specialized health agency of the United Nations at the height of the Coronavirus crisis last year. The White House said …
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21 January 2021 1:55 pm
Gold Reaches Its Highest Level in Two Weeks Due to Pressure From US Stimulus Hopes
Gold rose Thursday, January 21, to its highest level in nearly two weeks, with the dollar retreating due to hopes for more stimulus after the new US administration headed by Joe Biden took power, although some profit-taking limited the gains of the precious metal. Spot gold rose 0.1% to $ …
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21 January 2021 1:53 pm
European Stocks Extend Gains Thanks to US Stimulus Hopes
European stocks extended their gains Thursday (January 21st) on hopes of a major US stimulus plan under the administration of the new president, Joe Biden, while investors looked to the European Central Bank for indications about the economic strength of the euro area. The Stoxx600 index of European shares rose …
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21 January 2021 12:37 pm
Nikkei Closed at Its Highest Level in 30 Years, Supported by Optimism After Biden’s Inauguration
Japanese stocks rose to a 30-year high at the close, on the path of a strong performance for Wall Street stocks yesterday, thanks to investor optimism about positive corporate earnings as well as expectations of enhanced growth due to a huge stimulus package from the new US administration. The Nikkei …
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21 January 2021 2:41 am
Biden’s Rescue Plan Faces Challenges in the Senate
The President of the United States, Joe Biden, recently laid out a new government stimulus plan worth $1.9 trillion to help the economy face the impact of the Coronavirus pandemic, under the title “The American Rescue Plan.” The plan will grant a monthly payment of $2,000 per household by adding …
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20 January 2021 11:30 pm
Oil Futures Rise for Second Day in Row
Oil prices rose on Wednesday for the second consecutive session, amid expectations for increased stimulus spending by the new administration in the United Stated as President Joe Biden was officially inaugurated earlier today. Brent crude futures for March delivery added 18 cents, or 0.3%, to close at $56.08 per barrel. …
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20 January 2021 11:00 pm
Gold Closes at Two-Week High
Gold prices rose on Wednesday to close at their highest level in about two weeks, amid anticipation for increased stimulus spending in the United States by the new administration of President Joe Biden. The rise of the yellow metal came as the U.S. Dollar (USD) declined, after shortly rising earlier …
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20 January 2021 10:17 pm
USD/CAD Declines Following BoC’s Policy Decision
The U.S. Dollar (USD) declined on Wednesday against its Canadian counterpart (CAD), following the release of the Bank of Canada’s (BoC) policy statement. In its meeting earlier today, the BoC decided to maintain its main rate unchanged at 0.25% and to keep the current pace of bond purchases at CAD …
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20 January 2021 9:36 pm
Bank of Canada Maintains Main Rate Unchanged
The Bank of Canada (BoC) has decided to maintain its current interest rate unchanged at 0.25%. The Canadian central bank has vowed to maintain the low rate until the economic recovery from the impact of the Coronavirus pandemic is well underway. This comes against some market expectations the BoC may …
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