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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 …
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2 May, 2026 12:33 am
Gold Attempts to Glitter as Dollar Weakens
Gold prices climbed above the $4,600 mark, extending gains as Japan’s intervention in currency marke…
2 May, 2026 12:01 am
A Landmark Trade Gesture: China Expands Zero-Tariff Access for Africa
China has announced it will scrap tariffs for nearly all African countries, extending duty-free acce…
1 May, 2026 11:38 pm
Trump Targets EU Autos with 25% Tariff Shock
President Donald Trump announced he will raise tariffs on cars and trucks imported from the European…
1 May, 2026 11:03 pm
Only Slight Advance: Trade Threats and War Headlines Keep Greenback in Retreat
The US Dollar managed a modest bounce on Friday after sliding to its lowest point in two weeks, but …
1 May, 2026 10:08 pm
Trump Rejects Iran’s Peace Proposal, Warns of Escalation
Hopes for a breakthrough in the war between the United States and Iran dimmed on Friday as President…
1 May, 2026 9:26 pm
Spirit Airlines Faces Final Descent as Rescue Plan Collapses
Spirit Airlines, long known for its ultra-low-cost fares, is preparing to shut down operations after…
1 May, 2026 8:21 pm
Euro Climbs as Dollar Falters Under Geopolitical Pressure and Market Surprises
The euro extended its upward momentum against the US dollar, climbing to its highest levels in over …
1 May, 2026 7:19 pm
Yen Holds Steady After Tokyo’s Bold Intervention
The Japanese yen found stability after authorities stepped in to halt its rapid decline against the …
1 May, 2026 7:12 pm
Mid-East War Hits Exxon Mobil and Chevron Profits as Supply Lines Clog
Despite soaring oil prices triggered by the ongoing war in Iran, American energy giants Exxon Mobil …
1 May, 2026 6:33 pm
Bitcoin Bounces Back Above $77K: Wall Street Records and Apple’s Stellar Earnings Reignite Crypto Rally
Key Takeaways Bitcoin rebounds: The world’s largest cryptocurrency rose 1.8% to $77,143 after …
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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