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 …
Read More »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…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Market Analysis
November, 2020
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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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23 November 2020 7:19 pm
Canada’s Wholesale Sales Expected to Rise 0.9% in October
Wholesale sales in Canada are expected to have increased by 0.9% in October, according to estimates by Statscan released on Monday, Reuters reported. The rise in wholesale sales follows an equal one in September. The preliminary estimate is based on a weighted response rate of 53.0%, according to Statscan. Meanwhile, …
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23 November 2020 7:09 pm
US PMI Records Largest Gain in Five Years – IHS Markit
The seasonally adjusted IHS Markit Flash United States Composite purchasing managers’ index (PMI) output index posted 57.9 in November, up from 56.3 in October. The rate of growth was the sharpest since March 2015, as a steep upturn in service sector activity was accompanied by an accelerated rise in manufacturing …
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23 November 2020 6:06 pm
Ethereum Price Breaks $600
Ethereum is currently trading at $601 after finally breaking the psychological barrier at $600 for the first time in two years.
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23 November 2020 5:45 pm
US: Chicago Fed National Activity Index Improves to 0.83 in October
The Federal Reserve Bank of Chicago’s National Activity Index (CFNAI) rose from 0.32 (revised from 0.27) in September to 0.83 in October. Fifty-four indicators improved from September to October, 30 indicators deteriorated, and one was unchanged. Of the indicators that improved, eight made negative contributions
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