Investors have pulled around $994 million out of stock funds in the United States last week, Reuters reported, citing data by Lipper. Money mark funds declined by $50.5 billion during the week that ended on Wednesday. Meanwhile, emerging market equity funds lost about $525 million.
Read More »Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally
Gold prices surged to $3,386 on June 12, 2025, approaching the $3,400 mark as softer US economic dat…
Dollar Falls as Weak PPI Data Stokes Rate Cut Hopes
The U.S. Dollar tumbled on June 12, 2025, dropping to 98.00 on the U.S. Dollar Index after May’s U.S…
GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims
The GBP/USD pair surged to 1.3600, up over 0.47% in a single session, and at the time of writing, th…
U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty
The latest data from the Bureau of Labor Statistics (BLS) revealed that Producer Prices increased by…
Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns
The U.S. dollar fell to a new low for 2025 on Thursday, while global stocks eased from record highs,…
U.S. Stock Futures Dip Amid Caution Over Trade Deal and Middle East Tensions
U.S. stock index futures fell on Thursday as investors adopted a cautious stance following the annou…
Britain’s Economy Slows Sharply in April Amid Tariff Impact and Tax Break End
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Bitcoin Slips as Trade Deal Progress and Tariff Concerns Weigh on Sentiment
Bitcoin prices slipped on Thursday following comments from U.S. President Donald Trump, who confirme…
Gold Prices Surge Amid Iran Tensions and Trade Uncertainty
Gold prices saw a sharp rise in Asian trading on Thursday, as safe-haven demand surged due to escala…
Market Drivers: Assets Dance to CPI Data, US-China Trade Talks
Markets buzzed with activity on June 11, 2025, as assets like gold, silver, and the Canadian Dollar …
Market Analysis
September, 2020
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18 September 2020 12:16 am
Oil Prices Finish Higher on OPEC+ Commitment
Oil prices closed higher on Thursday, after OPEC+ expressed the importance of commitment to the output cuts. Brent crude futures for November delivery increased by $1.08, or 2.6%, and settled at $43.30 per barrel. The West Texas Intermediate (WTI) futures for October delivery finished higher by 81 cents, or 2%, …
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17 September 2020 11:55 pm
Gold Prices Declines Following Fed Statement
Gold prices declined on Thursday after the Federal Reserve expressed intentions to maintain interest rates near 0% until 2023. Gold futures for December delivery declined by $20.60, or 1.1%, and finished at $1,949.90 per ounce. Meanwhile, silver futures for December delivery closed lower by 38 cents, or 1.4%, at $27.10 …
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17 September 2020 9:13 pm
European Stocks Close Lower Following Fed Decision
European stocks closed lower on Thursday, one day after the US Federal Reserve vowed to maintain interest rates near 0% for around three years. The pan-European STOXX 600 index closed lower by 0.40%. Meanwhile, the UK’s FTSE100 declined by 0.47%, and the French CAC40 index fell by 0.69%. Likewise, the …
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17 September 2020 8:27 pm
DXY Down Hovering Above 93
The US Dollar (USD) is declining on Thursday, one day after the release of the latest Federal Reserve policy statement. The Dollar index (DXY), which measures the performance of the USD against a basket of six major international currencies, is down by 0.13% for the day at 93.10. The index …
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17 September 2020 5:46 pm
Canada: ADP Employment Change Arrives at -205.4K in August
Employment in Canada decreased by 205,400 July to August, the monthly data published by the ADP Research Institue revealed on Thursday. This reading missed the market expectation for an increase of 901,800 by a wide margin. Meanwhile, July’s print got revised from 1,149,800 to -523,000. Commenting on the data, “in …
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17 September 2020 5:41 pm
U.S. Unemployment Claims Held Steady at 860,000 Last Week
The number of Americans filing for new unemployment benefits fell last week but remains stuck at extremely high levels as the labor market recovery slows and consumer spending slows down as the fiscal stimulus fades. The US Labor Department said that the total number of new applications for unemployment benefits, …
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17 September 2020 5:04 pm
Russian Energy Minister Urges OPEC + Members to Fully Adhere to the Production Agreement
Russian Energy Minister Alexander Novak said in an opening speech to an OPEC + committee meeting via the Internet that he urged participants in the group’s oil production cut agreement to fully adhere to the pledged cuts. He also said that the monitoring committee should discuss the impact of the …
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17 September 2020 4:34 pm
UK: Will Ask Parliament to Use Powers in Internal Market Bill if EU Acts in Bad Faith
In a statement published on Thursday, the UK government said that it will ask parliament to use powers in the Internal Market Bill if the European Union engages in a material breach of its duties of good faith or other obligations. “Examples of that would be an insistence that Great …
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17 September 2020 3:29 pm
World Bank Chief Economist Reinhart: The global Economic Recovery May Take 5 years
The chief economist at the World Bank, Carmen Reinhart, said that the global economy’s recovery from the crisis caused by the Corona pandemic may take five years. “There will probably be a quick rebound as all the restriction measures linked to lockdowns are lifted, but full recovery will take as …
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17 September 2020 3:24 pm
Eurozone Consumer Prices Drop in August
The European Union Statistics Office confirmed that consumer prices in Eurozone fell in August, driven by lower energy prices, but core inflation excluding those volatile elements also slowed sharply. The office said that inflation in the 19-nation Eurozone fell 0.4% month over month in August and fell to -0.2% year …
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17 September 2020 3:17 pm
BoE Keeps Interest Rates Unchanged at 0.1%
The Bank of England decided to keep its monetary policy unchanged in interest rates, in line with expectations. The Bank of England’s monetary policy statement on Thursday showed that the bank decided to stabilize interest rates at 0.10%. Analysts had expected that the BOE would hold interest rates at 0.10%.
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17 September 2020 2:09 pm
An OPEC+ Committee Meets today in Light of Declining Oil Prices
OPEC and its allies led by Russia will hold an online meeting today to discuss the extent of commitment to the agreed production cuts and demand trends in light of declining oil prices and the cooling prospects for economic recovery. The committee, which includes major producers including Saudi Arabia and …
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