The U.S. Dollar (USD) turned to the negative side on Tuesday, following the release of the consumer price index (CPI) March reading. The CPI increased by more than expected last month, rising by 0.6% on a monthly basis and by 2.6% on an annual level. A surge in gasoline prices …
Read More »Explainer: Defense Giants, Oil Titans, and Metal Kings Surge as the Iran Conflict Reshapes the Market
When the conflict with Iran erupted on February 28, 2026, the shockwaves were felt far beyond the Mi…
Wall Street Opens Strong: Stocks Rally Amid Falling Bond Yields and Rising Oil Prices
U.S. stocks climbed on Tuesday, driven by signs of a slowing labor market and easing bond yields. Th…
Pound Gains as Investors Watch Looming Fed and BoE Decisions
The British Pound rose on Tuesday, trading near 1.3350, as investors prepared for important central …
Euro Climbs as Swiss Franc Pullback, Safe-Haven Bounce Fades, Traders Eye Central Bank Moves
The Euro gained ground against the Swiss Franc on Tuesday, with EUR/CHF edging higher to around 0.90…
U.S. Futures Slip as Oil Surge and Hormuz Tensions Keep Markets on Edge
U.S. stock futures edged lower on Tuesday, pausing after a strong rally in the previous session, as …
Dollar Edges Higher as Oil Surge and Hormuz Tensions Fuel Inflation Concerns
The U.S. dollar strengthened modestly on Tuesday, supported by elevated oil prices and ongoing geopo…
European Stocks Mixed as Oil Rises After Allies Reject Hormuz Mission
European stock markets traded without a clear direction at the start of Tuesday’s session, as rising…
Gold Reclaims $5,000 as Oil Eases, Focus Turns to Central Bank Decisions
Gold prices climbed in Asian trading on Tuesday, moving back above key levels as easing oil prices p…
RBA Raises Rates to 4.1% as Inflation Risks and Iran Conflict Cloud Outlook
The Reserve Bank of Australia (RBA) raised interest rates by 25 basis points on Tuesday, as expected…
Oil Rebounds Above $100 as Iran Conflict Keeps Supply Risks in Focus
Oil prices surged in Asian trading on Tuesday, recovering from the previous session’s sharp losses a…
Market Analysis
April, 2021
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13 April 2021 4:43 pm
US Annual Core Inflation Rises to 1.6% in March
Inflation in the US, as measured by the Consumer Price Index (CPI), rose to 0.6% on a monthly basis in March from 0.4% in February. to be updated…
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13 April 2021 4:41 pm
OPEC Raises 2021 World Oil Demand Growth Forecast
In its latest monthly report, the Organization of the Petroleum Exporting Countries (OPEC) raised its forecast for global oil demand growth in 2021 to 5.95 million barrels per day from 5.89 million barrels per day in the previous report, per Reuters. “There have been sizeable drawdowns in global inventories since mid-2020 …
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13 April 2021 3:48 pm
Currencies Overview: Dollar Rises From Nearly Three-week Low as Trader Brace For Inflation Data
The dollar rose from a nearly three-week low against the major rivals on Tuesday, buoyed by a surge in US Treasury bond yields, as investors awaited closely watched US inflation data, which is scheduled for release later on Tuesday. The dollar had retreated, as did US bond yields this month, …
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13 April 2021 3:44 pm
German ZEW Economic Sentiment Index Drops April
The ZEW Institute for Economic Research said that investor sentiment in Germany recorded a sudden decline in April, pointing to growing concerns about the imposition of tougher isolation measures in Europe’s largest economy, reducing private consumption. The German ZEW headline numbers for April showed that the Economic Sentiment Index dropped …
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13 April 2021 3:41 pm
US Recommends Pause For Johnson & Johnson COVID-19 Vaccines Over Clot Reports
The US Food and Drug Administration said it is asking states to temporarily stop using Johnson & Johnson’s Covid-19 vaccine after 6 people in the United States developed a rare blood clotting disorder. The US Food and Drug Administration said the recommendation “results from an abundance of caution,” adding that …
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13 April 2021 2:32 pm
Bitcoin Hits Record Highs
It reached an unprecedented peak at $ 62,575, to continue its series of gains in 2021 and reach a new peak. The price of the largest cryptocurrencies in the world has more than doubled this year amid the growing acceptance of the traditional financial sector as an investment tool and …
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13 April 2021 2:15 pm
Turkish Industrial Production Rose 8.8% in February, YoY
Data showed that industrial production rose 8.8% on an annual basis in February, which is in line with expectations and indicates its growth for the ninth month in a row after it was affected last year as a result of measures to contain the Coronavirus pandemic. The Turkish Statistics Institute …
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13 April 2021 1:58 pm
Oil Rising Supported by Strong Chinese Data
Oil prices rose on Tuesday, April 13th, as data from China showed an increase in the growth of imports of the second-largest consumer of oil in the world. Brent crude futures were up 31 cents, equivalent to 0.5%, to $63.59 a barrel, while U.S. crude futures increased 28 cents, or …
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13 April 2021 1:35 pm
Gold Settled as Market Awaits The US Inflation Data
Gold prices stabilized on Tuesday, April 13th, as participants in market operations continued to refrain from trading ahead of the release of inflation data in the United States, which is expected to shed more light on the recovery in the world’s largest economies. Gold was little changed in spot transactions …
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13 April 2021 1:15 pm
European Stocks Close to a Record High And All Eyes on US Inflation Data
European stocks hovered just below their all-time high on Tuesday, April 13th, as strong export data from China boosted optimism about a faster global economic recovery, while investor interest shifted towards important US inflation data to be released later today. The European Stoxx600 index was up 0.1%, after hitting an …
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13 April 2021 12:51 pm
Reuters: China’s Trade Surplus With The United States Fell to $21.37B in March
Reuters calculations based on Chinese customs data concluded that China’s trade surplus with the United States reached $ 21.37 billion in March, down from $ 23.01 billion in February. US President Joe Biden said last month that his country does not seek a confrontation with China regarding disputes over trade, …
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13 April 2021 12:48 pm
Britain’s Economy Grew 0.4% MoM in February
Official data showed that Britain’s economy expanded 0.4% month over month in February. Economists had forecast a monthly growth of 0.6% in a Reuters poll.
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