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President of the European Central Bank (ECB), Christine Lagarde, said on Thursday that financial stability risks are rising in the Eurozone due to an increase in debt levels, Reuters reported. “The euro area economy will continue to be supported by very accommodative monetary and fiscal policies along with an expected …
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22 April, 2025 1:47 am
These Assets Could Be Most Impacted If Trump Decides To Fire Fed Chair
This report examines whether a Federal Reserve Chair has ever been fired by a U.S. president, analyz…
22 April, 2025 1:34 am
US Dollar Plummets to Three-Year Low Amid Fed Independence Fears
The US Dollar Index (DXY) is reeling near 98.50, marking a three-year low after a sharp decline on M…
21 April, 2025 11:37 pm
Bitcoin Rallies 2% to $86,955: Whale Accumulation and Predictions Signal Volatility Ahead
Bitcoin is riding a wave of bullish momentum, trading at $86,955 with a 2% gain as of April 21, 2025…
21 April, 2025 10:22 pm
Tech and Media Stocks Tumble Amid Tariff Fears and Economic Uncertainty
Wall Street kicked off the week with sharp declines, as tariff uncertainties and economic concerns r…
21 April, 2025 9:20 pm
USD/CAD Price Analysis: Political Pressures Weigh on US Dollar
The USD/CAD currency pair is experiencing downward pressure, hovering around the 1.3800 level as the…
21 April, 2025 8:51 pm
Oil Prices Slide As US-Iran Talks Progress, Demand Fears Accelerate
Oil prices tumbled nearly 3% on April 21, 2025, as signs of progress in US-Iran nuclear talks and mo…
21 April, 2025 7:53 pm
Gold Soars to Record High Near $3,425 Amid Trump-Powell Feud, Trade Tensions
Gold prices skyrocketed to a record high near $3,425 during North American trading hours on Monday, …
21 April, 2025 2:59 pm
U.S. Stock Futures Slide as Trump-Powell Rift Undermines Market Confidence
U.S. stock index futures fell sharply on Monday as investors reacted to mounting tensions between Pr…
21 April, 2025 1:32 pm
Dollar Plunges to Multi-Year Lows as Trump’s Fed Shake-Up Plan Jolts Investor Confidence
The U.S. dollar tumbled sharply on Monday, hitting multi-year lows against key global currencies, as…
21 April, 2025 12:36 pm
Oil Prices Slip Nearly 2% as U.S.-Iran Nuclear Talks and Russia-Ukraine Ceasefire Ease Supply Concerns
Oil prices fell sharply in early Asian trading on Monday, as progress in U.S.-Iran nuclear negotiati…
Market Analysis
October, 2020
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15 October 2020 6:39 pm
US: Weekly Initial Jobless Claims Rise to 898K
There were 898,000 initial claims for unemployment benefits in the US during the week ending October 10th, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed last week’s print of 845,000 (revised from 840,000) and came in worse than the market expectation of …
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15 October 2020 6:22 pm
US: NY Empire State Manufacturing Index Drops to 10.5 in October
The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey declined to 10.5 in October from 17 in September. This reading missed analysts’ estimate of 15. “36% of respondents reported that conditions had improved over the month, while 25% reported that conditions had worsened.” “The new …
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15 October 2020 6:18 pm
Canada: ADP Employment Change Arrives at -240.8K for September
Employment in Canada decreased by 240,800 from August to September, the monthly data published by the ADP Research Institue revealed on Thursday. This reading followed August’s print of -770, 600 (revised from -205,400).
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15 October 2020 6:16 pm
US: Philly Fed Nonmanufacturing Index Rises to 8
The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey rose to 32.3 in October from 15. This reading beat analysts’ estimate of 14 by a wide margin.
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15 October 2020 4:05 pm
Confirmation Of easing Inflation Decline France during September
The consumer price index in France declined during September on a monthly basis, according to analysts’ expectations. Final data issued by the French National Institute of Statistics and Economic Studies showed today, Wednesday, that the inflation rate in France recorded -0.5% during the month of September on a monthly basis, …
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15 October 2020 3:29 pm
Britain Imposing Tougher Restrictions on London in an Effort to Curb Rapid Spread of Coronavirus
The UK government has imposed tougher restrictions on London to try to stop the spread of the Coronavirus. The UK capital will move to the so-called “high” alert level as of midnight Friday, up from the current “medium” alert level. This means that millions of people in the richest city …
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15 October 2020 2:54 pm
Australian Dollar at lowest Level in a Week And Risk Aversion Supports USD
The Australian dollar fell to its lowest level in a week after the head of the central bank hinted at a possible rate cut or bond purchase. In general, the atmosphere of risk aversion kept the US dollar supported and the rest of the major currencies on the defensive, unlike …
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15 October 2020 2:16 pm
Oil Falls as Corona Cases Threaten to Recover Demand
Oil prices plunged on Thursday, erasing earlier gains in the session, as a new spike in COVID-19 cases around the world reinforced concerns about economic growth and a recovery in fuel demand. European countries re-impose curfews and general isolation measures in light of the increase in new cases of Corona. …
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15 October 2020 1:39 pm
Gold Retreating as US Dollar Rallies as Bets on a US Stimulus Dissipate
Gold fell on Thursday, and lay below $ 1900, a psychological important level, as the dollar held on to recent gains after US Treasury Secretary Stephen Mnuchin dashed hopes for a new stimulus package before the presidential election. Spot gold fell 0.2% to $ 1897.47 an ounce, after rising 1.2% …
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15 October 2020 12:55 pm
European Stocks Fall on Covid-19 And Doubts About US Stimulus
European stocks fell for the third consecutive session Thursday, as demand for global stocks was negatively affected by concerns about the economic damage resulting from more general isolation measures aimed at slowing the spread of the Corona virus and dashed hopes of fiscal stimulation in the United States before the …
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15 October 2020 12:11 pm
Japan Stocks Are Declining as Investors Nervous About Risks
Japanese stocks fell on Thursday, as investor sentiment was damaged due to the dissipation of hopes for a new round of financial stimulus in the United States and the return of lockdown measures in some European countries due to the Corona outbreak and concerns about the strained Sino-US relations. The …
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15 October 2020 11:49 am
China’s PPI fell 2.1% Y-o-Y in September
China’s producer price index fell 2.1% year on year in September more than expected. In September, the annual CPI rose 1.7% less than expected. On a monthly basis, the same index rose by 0.2%, less than expected by 0.1%.
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