The number of active oil and natural gas rigs in the United States increased, for the consecutive week, by six to a total of 261 rigs by the end of the week. Crude oil rigs increased by four to 183, while natural gas rigs added two and reached a total …
Read More »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…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the…
Market Analysis
September, 2020
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25 September 2020 8:15 pm
European Stocks Weekly Losses Worst in Three Months
European stocks closed lower on Friday, amid increasing concerns about the rising number of COVID-19 cases. The STOXX Europe 600 index declined by 0.2% and ended the week at the level of 355 points, losing 3.87% for the week. This is the worst weekly losses for the pan-European stocks in …
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25 September 2020 7:43 pm
Does the ECB Have Too Much Impact on the Euro?
Recent remarks by the President of the European Central Bank (ECB), Christine Lagarde, suggested that the appreciation of the Euro (EUR) is putting downward pressure on prices, or in other words not helping achieving the central bank’s inflation targets. Speaking to the Franco-German Parliamentary Assembly on Monday, Lagarde said that …
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25 September 2020 6:08 pm
Britain’s Public Borrowing Exceeds The Peak of The Financial Crisis
Britain’s public borrowing increased again in August, reaching a new record high, driven by massive spending to combat the Coronavirus pandemic, with the budget deficit since the start of the current tax year surpassing its full-year peak during the global financial crisis. The government has now borrowed 173.7 billion pounds …
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25 September 2020 6:04 pm
S&P 500 and Dow Continue Their Longest Losing Streak in a Year
The S&P 500 Index and the Dow opened lower on Friday, continuing their longest losing streak in a year as concerns about the economy’s outlook for a future dominated by the Coronavirus remain, putting pressure on investor sentiment. The Dow Jones Industrial Average fell 120.93 points, or 0.45%, to 26,694.51 …
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25 September 2020 5:24 pm
US: Durable Goods Orders Rise by 0.4% in August
Durable Goods Orders in the United States expanded by 0.4%, or $1 billion, on a monthly basis to $232.8 billion in August following July’s increase of 11.7% (revised from 11.2%), the US Census Bureau reported on Friday. This reading missed the market expectation of +1.5%. “Excluding transportation, new orders increased …
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25 September 2020 5:22 pm
High-risk Currencies Offset Some of Their Losses, And Dollar is Stable Below its Two-Month High
The dollar settled below its recent two-month high, and riskier currencies erased some of their weekly losses, while stock markets received a boost from hopes of resuming talks on fiscal stimulus in the United States. The dollar is moving towards achieving its best weekly performance since early April, driven by …
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25 September 2020 3:39 pm
ECB: Eurozone Companies Continue to Gain Credit as the Economy Reopens
European Central Bank data showed that Eurozone companies continued to obtain bank credit in August, two months after most economies eased restrictions on economic activities aimed at controlling the Coronavirus pandemic. Corporate bank loans rose 7.1% year-on-year, extending a borrowing boom that began in March when large parts of the …
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25 September 2020 3:01 pm
European Stocks Mixed Performance With The Increase in COVID-19 Cases
Telecom companies pushed European shares up slightly, but the main indicators are heading towards a sharp weekly decline as the continent suffers a new wave of Covid-19 infections. The pan-European STOXX 600 index rose 0.2%, while telecom shares jumped 0.8%, topping the sectors’ gains. Shares in Spanish telecoms operator Massmoville …
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25 September 2020 1:58 pm
Gold Rising as US Dollar’s Rally Receded
Gold prices rose, as the dollar fell and hopes for more stimulus measures in the United States re-emerged, but the yellow metal is on the path to post its biggest weekly decline since August. Spot gold rose 0.3% to $ 1873.83 an ounce. But prices are down about 4% a …
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25 September 2020 12:51 pm
Oil Heading For a Weekly Decline on Growing Concerns
Oil prices have retreated, and are heading towards a weekly decline due to growing concerns that fuel demand will be affected by a new large-scale rise in cases of coronavirus, as well as some concern about a possible return of exports from Libya. Brent crude fell four cents to $ …
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25 September 2020 12:28 pm
German Export Expectations Hit Highest Level Since October 2018
IFO Institute said that optimism among German exporters, who have been affected by the Coronavirus crisis, reached its highest level in September since October 2018. IFO said its index of export expectations rose to 10.4 in September from 5.5. it said more companies in the chemical and electrical equipment sectors …
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25 September 2020 11:40 am
Japan Shares Closing Higher And Awaits More US Stimulus
Japanese stocks rose, tracking the rally in Wall Street yesterday, as hopes for more US stimulus overtook some concerns about the strength of the global economy. The Nikkei index closed up 0.51% at 23,204.62 points. The broader TOPIX index gained 0.48% to 1634.23. But for the week, the benchmark fell …
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