The French central bank said today, Wednesday, that the country’s economy has likely contracted 4% in the last quarter of last year compared to the previous three months, although activity increased in December after the lifting of general isolation measures imposed to combat the spread of the Coronavirus. In light …
Read More »Will the Euro Crack Under Trade Hopes and Structural Woes?
Trade tensions between the US and China have long cast a shadow over global markets, but recent glim…
Can Australia Shatter China’s Rare Earth Monopoly as US-China Tensions Boil Over?
China’s recent escalation in rare earth export controls has sent shockwaves through global mar…
Trump Tightens His Grip: Inside the President’s Plan to Reshape the Federal Reserve
US President Donald Trump, now well into his second term after returning to the White House in Janua…
Gold Edges Higher as Softer U.S.–China Tone Offsets Profit-Taking; Silver Near Records
Gold rebounded on Monday, reclaiming part of last week’s pullback as traders digested more conciliat…
U.S. Futures Edge Higher on Hopes for China Talks; Big Tech Earnings, Inflation Data in Focus
U.S. stock index futures rose Monday as signs of renewed U.S.–China dialogue buoyed risk sentiment a…
Bitcoin Extends Rebound as Softer U.S.–China Rhetoric Lifts Risk Appetite
Bitcoin advanced on Monday, building on a weekend bounce as cooler rhetoric around the U.S.–China tr…
Oil Extends Slide on China Demand Worries, Supply Risks, and Fading Geopolitical Premium
Crude prices fell for a third session on Monday, adding to last week’s losses as fragile demand sign…
Europe Opens Higher as Asia Rally Lifts Sentiment; Earnings Deluge Ahead
European equities started the week on the front foot, tracking gains in Asia and stabilizing after F…
China Q3 2025 growth beats forecasts but slows to one-year low as disinflation, trade risks bite
China’s economy expanded slightly faster than expected in the third quarter, even as momentum cooled…
Market weekly wrap: Government shutdown could have an end soon
Markets kicked off last week on a cautious note after President Donald Trump announced late Friday a…
Market Analysis
January, 2021
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13 January 2021 12:34 pm
Gold Rises as Dollar Rally Stops
Gold rose today, Wednesday, as the dollar and US Treasury yields declined, while the prospect of a massive financial stimulus in the United States boosted the appetite for the yellow metal as a hedge against inflation. Spot gold rose 0.1% to $1,857 an ounce, while US gold futures gained 0.8% …
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13 January 2021 9:00 am
How the Fed is Focusing on Economic Recovery
The United States Federal Reserve now has a clearer focus on the American economy’s path to recovery, Reuters reported, citing official sources. There is also optimism that the peaceful transition of power to a new administration on January 20 will help increase government stimulus and the distribution of vaccines, which …
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13 January 2021 3:34 am
U.S. Oil Inventories Down 5.8 M Barrels: API
Crude oil inventories in the United States declined by 5.8 million barrels last week, according to the weekly report from the American Petroleum Institute (API). Meanwhile, gasoline stockpiles rose by 1.9 million barrels, while distillate inventories added 4.4 million barrels.
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13 January 2021 3:31 am
U.S. Treasury Yields Nearly Unchanged Amid Increased Demand
Treasury yields in the United States stabilized on Tuesday, amid increased investors demand after yields rose to their highest levels since March of last year. Return on the 10-year Treasury note remained nearly unchanged at 1.136%. Earlier, it rose to 1.185%. Yield on the 30-year bond rose by 0.3 basis …
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13 January 2021 1:26 am
Oil Futures Finish at Highest Level Since February
Oil prices rose on Tuesday, supported by the decline of the U.S. Dollar (USD) and the recent OPEC+ agreement to curb output during February. Crude prices were able to log high gains and reach their best settlement level in about 11 months. Brent crude futures for March delivery added 92 …
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13 January 2021 1:00 am
Gold Returns to Decline Even as USD Rebound Stops
Gold prices declined on Tuesday, giving up gains seen earlier in the second session of the week. The downward trend of the yellow metal continues even as the U.S. Dollar (USD) is returning to the negative territory. Gold futures for February delivery lost $6.60, or 0.4%, to close at $1,844.20 …
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13 January 2021 12:07 am
GBP Rises with Negative Rates Seem Unlikely
The British Pound (GBP) is showing a strong performance on Tuesday, supported by the decline of the U.S. Dollar (USD) and the possibility of negative rates being ruled out by the governor of the Bank of England, Andrew Bailey. The GBP is up by a little over 1% against the …
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12 January 2021 11:38 pm
BoE’s Bailey: UK Facing Darkest Hour
The Governor of the Bank of England (BoE), Andrew Bailey, said on Tuesday that the British economy is challenged by the darkest hour amid the rising number of Coronavirus cases, Reuters reported. The BoE Governor has ruled out turning to negative interest rates to boost the economy, despite what he …
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12 January 2021 11:31 pm
USD Turns to Losses Near Session Lows
The U.S. Dollar (USD) has lost some of its recent gains on Tuesday, which were supported by the rising Treasury yields. The greenback showed recovery signs from its lowest level in about two and a half years, which it hit earlier this month, on the back of the continuing easing …
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12 January 2021 9:51 pm
European Stocks Close Mostly Lower
European stocks closed Tuesday on a mixed note, amid concerns about the rising number of Coronavirus cases despite the rollout of vaccines. The pan-European STOXX 600 index closed nearly unchanged from its level at Monday’s close. The auto sector saw gains of about 1.7%, while the utilities sector lost 1.5%. …
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12 January 2021 7:58 pm
U.S. Job Openings Down 105K in November: JOLTS
New job openings in the United States declined during November 2020, data showed on Tuesday. Job openings decreased by 105,000 to 6.527 million by the end of November, according to the U.S. Department of Labor’s monthly Job Openings and Labor Turnover Survey (JOLTS). This means that job openings declined by …
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12 January 2021 7:51 pm
Germany’s Economy Expected to Grow 3.5% in 2021
The German economy is expected to grow by 3.5% in 2021, following a decline of 5% in 2020, according to a recent forecast by the BDI industry association released on Tuesday, Reuters reported. However, the largest economy in Europe is not expected to return to its levels prior to the …
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