Trade deficit in the United States rose by $4.4 billion to $84.8 billion in November, data showed on Wednesday. According to the US Census Bureau and the US Bureau of Economic Analysis exports of goods for November were $127.2 billion, $1.1 billion more than October exports, while imports of goods …
Read More »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…
Fed’s Barkin Warns of Tariff-Driven Inflation Amid Consumer Pushback
Richmond Federal Reserve President Thomas Barkin has warned that upcoming tariffs could fuel inflati…
After Vietnam, What Could a US-EU Trade Deal Look Like?
The recent preliminary trade agreement between the United States and Vietnam has set a new precedent…
Explainer: Pi In Silent Battle for Crypto Payroll Supremacy
The cryptocurrency landscape is evolving at breakneck speed, and stablecoins are emerging as a corne…
USD/JPY Edges Higher as Dollar Holds Firm Despite Weak ADP Data
The USD/JPY pair posted modest gains, climbing to the 143.70 range, as the US dollar stabilized foll…
US Jobs Report Looms: Markets Brace for June 2025 NFP Impact
The financial world is holding its breath as the June 2025 US Non-Farm Payrolls (NFP) report nears, …
ADP Report Shocks Wall Street as Markets Brace for Trade Talks and NFP Data
Wall Street saw a modest retreat following a startling ADP private payrolls report that revealed an …
Trump’s Bold Policy Overhaul Advances: House Vote on Horizon
A comprehensive policy bill championed by President Trump has narrowly passed the Senate, marking a …
Market Analysis
December, 2020
-
30 December 2020 7:46 pm
US Oil Stockpiles Down 6.1 M Barrels in Week
Crude oil inventories in the United States declined by 6.1 million barrels last week, according to the weekly report by the U.S. Energy Information Administration (EIA).
Read More » -
30 December 2020 7:42 pm
USD Declines Across the Board
The US Dollar (USD) is declining across the board on Wednesday, maintaining its downward trend. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies is down by 0.33% at 89.69. The index has been moving today in a range between 89.56 and …
Read More » -
30 December 2020 7:18 pm
Wall Street Opens Wednesday on Higher Note
The main indices of the New York Stock Exchange (NYSE) opened Wednesday higher, supported by an improved investors’ sentiment in Wall Street. The Dow Jones Industrial Average is up by 116.5 points, or 0.38%, at 30,450.95 points. The S&P 500 gained 10.6 points, or 0.29%, at it is currently trading …
Read More » -
30 December 2020 6:58 pm
China and EU Reach New Investment Deal
The European Union (EU) and China have reportedly reached an agreement to open the Chinese market to European investors, Bloomberg reported. The deal has been negotiated for a very long time, since 2013, and it could come effective as of 2022. The EU is focused on expanding economic opportunities in …
Read More » -
30 December 2020 5:52 pm
US: Trade Deficit Widens to $84.8 Billion in November
The United States’ goods and services deficit rose by $4.4 billion to $84.8 billion in November, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis showed on Wednesday.
Read More » -
30 December 2020 4:37 pm
European Union Governments Agree to Trade Agreement With Britain
German Foreign Minister Heiko Maas said that European Union governments agreed Tuesday to the trade agreement that regulates relations between Britain and the 27-nation bloc, which paves the way for its temporary implementation from January 1. The agreement, which maintains no customs duties or quotas for Britain, to the European …
Read More » -
30 December 2020 4:01 pm
Gold Settled Amid Britain’s Approval of a Vaccine And Dollar’s Decline
Gold prices settled on Wednesday, December 30, as Britain approved an anti-Covid-19 vaccine, invented by the University of Oxford in cooperation with AstraZeneca, which boosted risk appetite, while the dollar’s decline limited precious metal losses during weak holiday transactions. There was little change in spot gold trading, at $ 1878.52 …
Read More » -
30 December 2020 3:25 pm
Oxford/AstraZeneca Covid Vaccine Approved For Use in The UK
According to the latest headlines floating on the wires, the UK confirmed that regulators have approved the use of the AstraZeneca/Oxford coronavirus vaccine. The UK health department announced that the government has accepted the recommendation by the MHRA to authorise the vaccine for use in the UK.
Read More » -
30 December 2020 3:24 pm
German Health Minister: no Return to Normal Life at The Moment
German Health Minister Jens Spahn said that the continuing high number of COVID-19 cases is not allowing a return to normal life at the present time. And Span continued, in the wake of Britain’s approval today of a new vaccine to prevent coronavirus developed by Oxford University and AstraZeneca, that …
Read More » -
30 December 2020 2:26 pm
Dollar Declining on Hopes of New Stimulus
The dollar fell to its lowest level in several years against many currencies on Wednesday, December 30th, as dealers bypassed a new delay in approving monetary stimulus in the United States and continued betting on the possibility of additional financial aid. The dollar hit its lowest level in more than …
Read More » -
30 December 2020 1:38 pm
Oil Rising on Hopes of Recovery in Demand And a Decrease in US Inventories
Oil rose on Wednesday, December 30, as prices received a boost from a fiscal stimulus package to mitigate the repercussions of the Coronavirus in the United States and lower crude oil inventories. Brent crude futures rose 35 cents, or 0.7%, to $ 51.44 a barrel by 08:03 GMT, and US …
Read More » -
30 December 2020 12:49 pm
Bitcoin Reaches a New Record Level And Rises During 2020 by About 300%
Bitcoin hit a record $ 28,599.99 on Wednesday, December 30, bringing its gains this year to more than 295%. And the most popular cryptocurrency in the world rose in recent transactions 3.5% to $ 28,349. Since it broke the $ 20,000 level for the first time on Dec. 16, it …
Read More »