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 …
Read More »Wall Street Rollercoaster: How Stocks Reacted to the April 2025 Tariff Drama
The US stock market experienced significant turbulence following the April 2, 2025, announcement of …
Sterling Rises Despite Grim UK Jobs Data as US Dollar Slips on Softer Inflation
The British Pound ended Tuesday, May 13, 2025, on a positive note against the US Dollar, which weake…
Chinese Yuan Gains on US Dollar as Softer US Inflation Data Sparks Optimism
The Chinese Yuan continued its upward trajectory against the US Dollar on Tuesday, May 13, 2025, cap…
US Inflation Softens, Boosts Yields
US inflation data for April came in softer than anticipated on May 13, 2025, driving a rise in US Tr…
US Stocks Show Mixed Gains as Softer April Inflation Data Emerges
US stock markets displayed a mixed yet upward-leaning performance on Tuesday, May 13, 2025, followin…
Can Recent US Inflation Data Revive Gold Prices Past $3,250?
Gold prices held steady above the critical $3,250 per ounce mark on May 13, 2025, showing signs of p…
EUR/USD Climbs Past 1.1170 as US Dollar Falters on Softer Inflation Data
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USD/CHF Dips to 0.8400 as US Dollar Weakens on Softer US Inflation Data
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Noor Capital | Interview with Mohammed Hashad on Alarabiya TV – May 12, 2025
In an interview conducted by Alarabiya Television, Mohamed Hashad, Head of Research and Development …
Market Analysis
October, 2020
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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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15 October 2020 11:19 am
The Unemployment Rate in Australia Rose to 6.9% in September
The unemployment rate in Australia rose to 6.9% in September, less than expected, and employment fell by 29,500 in the same month, less than expected. The partial unemployment rate increased to 11.4%, and the participation rate maintained its levels at 64.8%, in line with expectations.
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