A German Finance Ministry document showed, Tuesday, that Germany’s debt level is likely to reach 71% of GDP, as the country spends more to mitigate the repercussions of the Coronavirus pandemic. The document showed that the expected level next year is at 70.25% of GDP, due to the expected recovery …
Read More »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…
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…
Market Analysis
October, 2020
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20 October 2020 2:59 pm
Oil Prices Stable But Concerns About Corona Cases And Supplies Persist
There was little change in oil prices on Tuesday, to stabilize after suffering losses over three days due to fears that the increase in cases of Coronavirus globally would impede the recovery of demand for fuel while the increase in Libyan production leads to an abundance of supplies. Brent crude …
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20 October 2020 2:55 pm
The Eurozone Current Account Surplus widened in August
Data from the European Central Bank showed on Tuesday that the current account surplus of the 19-nation eurozone widened to 19.9 billion dollars in August from 17 billion euros in July thanks to a higher trade surplus and a lower primary income deficit. In the 12 months to August, the …
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20 October 2020 1:38 pm
Japan Shares Closed Lower on Caution About US Stimulus
Japanese stocks closed lower on Tuesday, tracking down on Wall Street’s losses overnight, while investors are cautiously watching whether US projectors will be able to strike a deal on a stimulus package as the deadline approaches. The Nikkei index fell 0.44% to 2,3567.04 points at the close, while the broader …
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20 October 2020 12:32 pm
Gold in a Narrow Range Due to Caution About US Stimulus
Gold traded on Tuesday in a narrow range above $ 1900 an ounce, as caution prevailed ahead of a deadline for an agreement on a new US stimulus package to mitigate the repercussions of the Coronavirus and the presidential elections scheduled for next month. Gold fell 0.2% to 1,901.10 dollars …
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20 October 2020 1:23 am
Wall Street Finish Lower Ahead of Stimulus Deadline
The New York Stock Exchange (NYSE) showed a fluctuating performance on Monday, before closing the first session of the week in losses, amid worries in Wall Street about the passing of a new stimulus package to support the economy against the Coronavirus (COVID-19) pandemic. The Speaker of the House of …
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20 October 2020 1:18 am
Russian Central Bank to Hold Rates Steady
The Central Bank of Russia is expected to maintain interest rates unchanged on Friday, according to a Reuters poll on Monday. The majority of participating analysts, 25 out of 29 believe the main rate will be kept unchanged at 4.25%. In September, the Russian Central Bank kept the key interest …
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20 October 2020 1:15 am
Oil Prices Settle Lower on COVID-19 Concerns
Oil prices declined on Monday, despite the OPEC+ reiterating commitment for output cuts, amid concerns about the impact of the second wave of the Coronavirus pandemic on the global demand. Brent crude futures for December delivery closed lower by 31 cents, or 0.7%, at $42.62 per barrel. Meanwhile, the West …
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19 October 2020 11:49 pm
Gold Finishes Higher as USD Declines
Gold prices rose on Monday, opening the week with a positive performance amid uncertainties that supported demand for safe havens. In addition, a decline by the US Dollar (USD) supported the gains of the yellow metal. Gold futures for December delivery closed higher by $5.30, or 0.3%, at $1,911.70 per …
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19 October 2020 10:24 pm
Fed’s Clarida: Economic Recovery Will Need Time
The Vice Chair of the United States Federal Reserve, Richard Clarida, said on Monday that the US economy is recovering from the COVID-19 crisis but would need more time to return to its levels prior to the pandemic. “While recovery since the spring collapse in economic activity has been robust, …
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19 October 2020 9:54 pm
Turkey Expected to Hike Rates by 1.75%
The Central Bank of Turkey is expected to raise its main interest rate by 175 basis points to 12% this week, according to a Reuters poll. Despite a surprise 2% increase in interest rates last month, the Turkish Lira (TRY) declined by 4% against the US Dollar (USD), continuing its …
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19 October 2020 9:20 pm
Business Sentiment in Canada Improves in Q3
Business sentiment in Canada improved during the third quarter (Q3) of 2020, as lockdown measures and preventive measurements against the Coronavirus (COVID-19) pandemic were eased, according to data by the Bank of Canada (BoC). The BoC business outlook indicator slightly rose compared with Q2, but remained below its average, remaining …
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19 October 2020 8:55 pm
GBP/USD Rises Despite Brexit Uncertainty
The British Pound (GBP) rose on Monday, despite uncertainty surrounding trade talks between the United Kingdom (UK) and the European Union (EU), amid hopes for the two parties reaching an agreement before the end of the year. London does not plan to return to trade negotiations with the EU next …
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