Japanese shares closed higher on Thursday, while the Nikkei index hit a 30-year high with the support of financial stocks, as US Treasury yields rose thanks to hopes of greater stimulus following a Democratic sweep in a two-seat Senate election in Georgia. The Nikkei index closed more than 1% higher …
Read More »Bitcoin Remains Rangebound Amid Trade Talks and Fed Decision
Bitcoin stayed steady near $119,000 on Tuesday as investors awaited further clarity on U.S. trade ne…
Visa and Mastercard to Report Strong Quarterly Profits Amid Consumer Resilience and Trade Uncertainty
Visa (NYSE:V) and Mastercard (NYSE:MA), the world’s largest payment processors, are expected to repo…
European Equities Edge Higher Amid Trade Deal Optimism and Corporate Results
European equities saw a modest uptick on Tuesday, lifted by corporate earnings reports, notably in E…
Gold Prices Steady Near Three-Week Lows as Dollar Strengthens, Trade Tensions Ease
Gold prices held steady near three-week lows on Tuesday, with a stronger U.S. dollar and easing glob…
Oil Prices Rally as Supply Tightened Over Global Dynamics
Crude Prices Bounce BackOn July 28, 2025, oil prices surged, with West Texas Intermediate (WTI, CL=F…
Earnings Recap: Markets Blaze and US Stocks Hold Steady
The US stock market kicked off a busy week with a dynamite wave of second-quarter earnings reports, …
Pound Outshines Euro Amid US-EU Trade Deal Fears
Pound Gains Ground on EuroOn July 29, 2025, the British pound strengthened against the euro, with th…
Trump Blazes with Russia Sanctions Threat
U.S. President Donald Trump set the global stage ablaze, slashing his 50-day deadline for Russia to …
Euro Tumbles as US-EU Trade Deal Sparks Concerns
Euro Faces Sharp DeclineOn July 28, 2025, the euro slumped against the US dollar, with the EUR/USD p…
Gold Stumbles as Dollar Demand and Trade Deal Reshape Markets
A Fourth Day of Losses for GoldGold prices slid for the fourth consecutive day on July 28, 2025, dro…
Market Analysis
January, 2021
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7 January 2021 12:31 pm
Twitter, Facebook Lock Trump’s Accounts Amid D.C. Riots
Twitter and Facebook have temporarily suspended the accounts of US President Donald Trump, as tech giants scrambled to counter his unfounded claims about the presidential election, amid riots in Washington D.C. Twitter withheld Trump’s three tweets and requested that they be deleted “as a result of the continuing and unprecedented …
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7 January 2021 12:02 pm
Congress Resumes Debate on Electoral College Votes After Riots
Congress has resumed the electoral counting process to confirm President-elect Joe Biden’s victory, hours after crowds of President Donald Trump’s supporters stormed the Capitol. US House Speaker Nancy Pelosi said that House members will quickly resume counting the votes to confirm the outcome of the presidential elections after securing the …
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7 January 2021 12:00 pm
German Factory Orders Beat Estimates in Nov
The German Factory Orders increased in November, suggesting that the manufacturing recovery in Europe’s gaining some momentum. Contracts for goods ‘Made in Germany’ came at +2.3% m-o-m vs -1.2% expected and +3.3% previous, the latest data published by the Federal Statistics Office showed on Thursday. On an annualized basis, Germany’s Industrial …
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7 January 2021 4:09 am
U.S. Treasury Yields at Highest Level Since March
Treasury yields in the United States soared on Wednesday, on the back of an expected win by the Democrats in the Senate elections in Georgia, which will bring them the majority of the highest chamber in Congress, alongside the House of Representatives. With the Democratic Party controlling Congress and the …
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6 January 2021 11:30 pm
Oil Closes at Highest Level in 11 Months
Oil prices rose on Wednesday, after data showed a big drop in U.S. crude inventories last week, and on the back of the recent OPEC+ agreement to reduce production levels. Brent crude futures for March delivery rose by 70 cents, or 1.3%, to finish at $54.30 per barrel. Meanwhile, the …
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6 January 2021 11:00 pm
Gold Closes Lower by More than 2%
Gold prices dropped on Wednesday, due to the surge in Treasury bond yields in the United States to their highest level since March of last year. The yellow metal futures for February delivery declined by $45.80, or 2.3%, to close at $1,908.60 per ounce. Meanwhile, silver futures for March delivery …
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6 January 2021 10:06 pm
U.S. New Factory Orders Rise More than Expected
New factory orders in the United States rose strongly during November, data by the U.S. Department of Commerce showed on Wednesday. Factory orders increased by 1% in November, after rising by 1.3% in October, exceeding market expectations. On an annual basis, orders declined by 7.3%. In addition, orders for non-defense …
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6 January 2021 8:00 pm
U.S. Oil Inventories Decline More than Expected
Crude oil inventories in the United States declined last week by more than expected, data showed on Wednesday. The U.S. Energy Information Administration (EIA) weekly reported showed that crude oil stockpiles decreased by 8 million barrels in the week ending on January 1 to a total of 485.5 million barrels. …
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6 January 2021 8:00 pm
European Stocks Finish Higher on Improved Sentiment
European stocks closed Wednesday higher amid an improved investors’ sentiment supported by the rollout of new Coronavirus vaccines. The STOXX Europe 600 gained 1.6% on the back of strong gains by the banking sector. In the United Kingdom (UK), the FTSE100 index surged by 3.47%. Meanwhile, the French CAC40 and …
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6 January 2021 6:02 pm
Germany: Annual HICP Unchanged at -0.7% in December
Inflation in Germany, as measured by the Consumer Price Index (CPI), was 0.5% in December, Destatis reported in its flash estimate on Wednesday. This reading followed a 0.8% decline in November but missed the market expectation of 0.5%. The annual CPI stayed unchanged at -0.3%.
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6 January 2021 5:19 pm
US Private Sector Employment Declines by 123K in December
Employment in the US’ private sector decreased by 123,000 in December, the monthly data published by the Automatic Data Processing (ADP) Research Institute revealed on Wednesday.
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6 January 2021 4:46 pm
Gold Reaches a Peak of Two Months, Supporting Expectations of a Democratic Victory in Georgia
Gold prices hit a two-month high on Wednesday, with the dollar retreating due to growing expectations that Democrats will win the run-off in the US Senate elections in Georgia, which is likely to support the adoption of additional fiscal stimulus packages. During the session, gold rose in spot transactions to …
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