Brent crude prices reached their highest levels since March, as news of a promising third Coronavirus vaccine supported hopes for a faster recovery in oil demand, while US President-elect Joe Biden received the green light to start the transition process for his leadership. By 07:44 GMT, Brent crude futures increased …
Read More »USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
Market Analysis
November, 2020
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24 November 2020 1:36 pm
German IFO Business Climate Index Falls to 90.7 in November
The headline German IFO Business Climate Index came in at 90.7 for November, down from the previous month’s 92.7 but matched consensus estimates. Meanwhile, the Current Economic Assessment arrived at 90.0 points during the reported month as compared to last month’s 90.3 and 87.2 anticipated. On the other hand, the …
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24 November 2020 1:05 pm
Japan Shares Closed at Peak of Several Years on Vaccine Hopes And Biden
Japanese stocks closed at a multi-year high on Tuesday, November 24, as progress in developing an inexpensive vaccine to prevent the Coronavirus boosted hopes for a speedy economic recovery, and sentiment received additional support from the approval of a formal transfer of power to US President-elect Joe Biden. The Nikkei …
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24 November 2020 12:28 pm
Gold Dropping on Vaccine Hopes And Smooth Transition in The White House
Gold continued to decline to its lowest level in four months Tuesday, November 24, as investors appealed to high-risk assets after the pharmaceutical company, AstraZeneca, ignited the race for a Coronavirus vaccine and a US federal agency approved the start of procedures for the presidential transition in the United States …
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24 November 2020 1:52 am
UK Again Preparing for No Deal Brexit
The UK’s Minister of Finance, Rishi Sunak, has played down the effect of a no trade deal Brexit, in a recent interview with the Financial Times. “They may well talk, but nothing is scheduled.”“We aren’t quite at the point where leaders get involved.” Sunak did not reveal a model in …
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24 November 2020 1:42 am
Biden to Name Yellen as Treasury Secretary
The United States President-elect Joe Biden is reportedly planning to nominate the former Federal Reserve Chairwoman Janet Yellen to be the next Secretary of Treasury, the Wall Street Journal has reported.
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24 November 2020 1:39 am
Wall Street Ends Monday Higher on Vaccine News
The main indices of the New York Stock Exchange (NYSE) closed higher on Monday, opening the week with a positive performance, supported by news about the success of new Coronavirus vaccines. The Dow Jones Industrial Average finished higher by 327.79 points, or 1.12%, at 29,591.27 points. The S&P 500 index …
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24 November 2020 1:28 am
Oil Settles at Highest Level Since March
Oil prices closed higher on Monday, opening the week with a positive performance, supported by positive news about Coronavirus vaccines. Brent crude futures for January delivery surged by $1.10, or 2.5%, to settle at $46.06 per barrel. This is the highest closing level for the global benchmark active contracts since …
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24 November 2020 1:23 am
Gold Closes with Biggest Losses in Two Weeks
Gold prices declined on Monday, registering its biggest daily decline in about two weeks. This comes as positive news about a number of Coronavirus vaccine candidates are spurring risk appetite and reducing demand for safe havens. Gold futures for December delivery decreased by $36.40, or 1.8%, and settled at $1,837.8 …
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24 November 2020 1:19 am
Fed’s Barkin: Vaccine Could be Ready by Next Year
The President of the Federal Reserve Bank of Richmond, Thomas Barkin, said on Monday that a Coronavirus vaccine could not be widely available until the summer of 2021, Reuters reported. This means that more Americans could struggle in the absence of government stimulus. However, Barkin is expecting a slow and …
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23 November 2020 10:43 pm
BoE Monetary Policy Report Hearings Summary
The Governor of the Bank of England (BoE), Andrew Bailey, said on Monday that a no-deal Brexit could result in longer-term damage to the British economy compared with the Coronavirus (COVID-19) crisis, Reuters reported. “Well, I think the long-term effects … would be larger than the long-term effects of COVID,” …
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23 November 2020 9:39 pm
European Stocks End Mostly Unchanged
European stocks showed a mixed performance on Monday, opening the week amid hopes for new COVID-19 vaccines and the rising number of cases and renewed lockdown measures in many parts of the continent. The STOXX Europe 600 closed marginally lower by 0.010%. Meanwhile, the UK’s FTSE100 declined by 0.28%, while …
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23 November 2020 8:09 pm
Schnabel: ECB Must Monitor Shadow Banks
Board member of the European Central Bank (ECB), Isabel Schnabel, said on Monday that the ECB needs to monitor the growing role of shadow banks. “Unlike banks, these market participants often do not have access to central bank operations.”“Were the transmission across money market rates to weaken, or rates to …
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