The Turkish consumer confidence index fell 2.2% to 80.1 points in November from 81.9 the previous month, indicating a state of caution after a brief improvement in light of the worsening outbreak of the Coronavirus, according to data from the Turkish Statistical Institute. The pandemic control measures brought the economy …
Read More »Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally
Gold prices surged to $3,386 on June 12, 2025, approaching the $3,400 mark as softer US economic dat…
Dollar Falls as Weak PPI Data Stokes Rate Cut Hopes
The U.S. Dollar tumbled on June 12, 2025, dropping to 98.00 on the U.S. Dollar Index after May’s U.S…
GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims
The GBP/USD pair surged to 1.3600, up over 0.47% in a single session, and at the time of writing, th…
U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty
The latest data from the Bureau of Labor Statistics (BLS) revealed that Producer Prices increased by…
Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns
The U.S. dollar fell to a new low for 2025 on Thursday, while global stocks eased from record highs,…
U.S. Stock Futures Dip Amid Caution Over Trade Deal and Middle East Tensions
U.S. stock index futures fell on Thursday as investors adopted a cautious stance following the annou…
Britain’s Economy Slows Sharply in April Amid Tariff Impact and Tax Break End
Britain’s economy faced a significant slowdown in April, as official data released on Thursday showe…
Bitcoin Slips as Trade Deal Progress and Tariff Concerns Weigh on Sentiment
Bitcoin prices slipped on Thursday following comments from U.S. President Donald Trump, who confirme…
Gold Prices Surge Amid Iran Tensions and Trade Uncertainty
Gold prices saw a sharp rise in Asian trading on Thursday, as safe-haven demand surged due to escala…
Market Drivers: Assets Dance to CPI Data, US-China Trade Talks
Markets buzzed with activity on June 11, 2025, as assets like gold, silver, and the Canadian Dollar …
Market Analysis
November, 2020
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20 November 2020 1:45 pm
Gold to Continue Its Weekly Decline Due to Stimulus Concerns And Vaccine Optimism
Gold prices are heading today, Friday, to record a decline for the second week in a row, as the attractiveness of the yellow metal is under pressure from promising tests for a Covid-19 vaccine and news that the US Treasury is ending emergency loan programs. Gold fell in immediate transactions …
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20 November 2020 1:07 pm
PAJ President: Expects to Postpone OPEC+ Plan to Increase Production in January
President of Petroleum Association of Japan, Tsutomu Sugimori expected Friday that OPEC and its allies, the group known as OPEC+, will likely delay a plan to increase production in January and stick to existing cuts of 7.7 million barrels per day. He also said that demand in Japan for gasoline …
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20 November 2020 12:38 pm
Japan Shares Drop as Sentiment Hurt by a New Wave of COVID-19
Japanese shares fell on Friday for the third straight session, as a rise in new cases with the Coronavirus inside the country to record levels fueled fears that officials will introduce new restrictions on business activities. The Nikkei index fell 0.42% to close at 25,527.37 points. The broader TOPIX index …
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19 November 2020 11:03 pm
Gold Prices Down for Third Day in Row
Gold prices continued to decline on Thursday for the third consecutive session, as the US Dollar (USD) rose against major currencies. Positive news about a Coronavirus vaccine and fears about renewed lockdown measures against a new wave of the pandemic seem to be balancing out with the rise of the …
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19 November 2020 10:34 pm
Lagarde Expects Negative Inflation Early Next Year
The President of the European Central Bank (ECB), Christine Lagarde, said on Thursday that she expects inflation in the Eurozone will likely remain in the negative territory into early 2021. This comes amid renewed lockdown and preventive measures across the European continent to curb the spread of the new wave …
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19 November 2020 10:30 pm
European Stocks Finish Thursday Lower
European stocks closed Thursday lower, amid fears about the impact of the renewed lockdown and preventive measures to curb the spread of a new wave of the Coronavirus pandemic. The pan-European Stoxx 600 index closed lower by 0.73%. The UK’s FTSE100 declined by 0.8%, while the German DAX finished lower …
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19 November 2020 10:22 pm
Kansas Manufacturing Activity Index Slows in November
Manufacturing activity in the United States slowed during the month of November compared to its expansion pace in October, according to data by the Federal Reserve Bank of Kansas City. The Bank’s monthly report showed that its Manufacturing Survey’s composite index registered 11 in November, down from a reading of …
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19 November 2020 10:16 pm
Employment in Canada down by around 80K Jobs
Employment in Canada declined by 79,500 during the month of October, data showed on Thursday. Job losses in the trade, transportation, and utilities sectors led the decline, according to ADP. This is the eighth consecutive month of job losses. The September reading was revised up to 564,400 lost jobs, up …
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19 November 2020 9:34 pm
US Natural Gas Inventories Rise More than Expected
Natural gas inventories in the United States increased by 31 billion cubic feet for the week ended November 13, data by the US Energy Information Administration (EIA) showed on Thursday. The weekly rise exceeded market expectations, reaching a total of 958 trillion cubic feet, rising by 293 billion cubic feet …
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19 November 2020 9:31 pm
US Housing Starts Surge in October
Homebuilding activity in the United States rose at a pace faster than expected during the month of October, data by the US Department of Commerce showed on Thursday. This comes as the American housing market remains supported by record-low mortgage rates. Housing starts grew by 4.9% to a seasonally adjusted …
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19 November 2020 9:09 pm
US Home Sales Up 4.3% in October
Home sales in the United States increased for the fifth consecutive month during October, data showed on Thursday, Reuters reported. Existing home sales increased by 4.3% to a seasonally adjusted annual rate of 6.85 million units in October, according to the National Association of Realtors. The September reading was revised …
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19 November 2020 9:03 pm
USD Rises Across the Board
The US Dollar (USD) is showing a good performance on Thursday, supported by an improved investors’ sentiment. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is up for the day by 0.24% at 92.54.
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