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 $ …
Read More »Oil Prices Rally as Supply Tightened Over Global Dynamics
Crude Prices Bounce BackOn July 28, 2025, oil prices surged, with West Texas Intermediate (WTI, CL=F…
Earnings Recap: Markets Blaze and US Stocks Hold Steady
The US stock market kicked off a busy week with a dynamite wave of second-quarter earnings reports, …
Pound Outshines Euro Amid US-EU Trade Deal Fears
Pound Gains Ground on EuroOn July 29, 2025, the British pound strengthened against the euro, with th…
Trump Blazes with Russia Sanctions Threat
U.S. President Donald Trump set the global stage ablaze, slashing his 50-day deadline for Russia to …
Euro Tumbles as US-EU Trade Deal Sparks Concerns
Euro Faces Sharp DeclineOn July 28, 2025, the euro slumped against the US dollar, with the EUR/USD p…
Gold Stumbles as Dollar Demand and Trade Deal Reshape Markets
A Fourth Day of Losses for GoldGold prices slid for the fourth consecutive day on July 28, 2025, dro…
Dollar Demand Surges, Crushes Franc: Can Trade Pacts Save Global Markets?
A Breakthrough Trade Deal Sparks Optimism The US dollar has gained significant ground against the Sw…
Could Trump’s Trade Triumphs Fuel America’s Economic Surge?
A Week of Trade Talks and Market MomentumThis week, global markets buzzed with optimism as President…
U.S. Stock Futures Rise Amid Trade Deal Optimism and Key Week Ahead for Earnings, Economic Data, and Central Bank Decisions
U.S. equity futures were higher on Monday, buoyed by a U.S.–EU trade deal, as investors braced for a…
European Shares Reach Four-Month High on Trade Deal Optimism
European stocks rose on Monday, marking a four-month high, as a U.S.–EU trade deal brought relief to…
Market Analysis
September, 2020
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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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25 September 2020 10:50 am
Powell Warns of Delay in Reaching an Additional Stimulus Package
Federal Reserve Chairman Jerome Powell has warned that failure to provide more government aid to families threatens a wave of mortgage defaults and evictions of Americans from their homes. During his testimony before the Senate Banking Committee, Powell said that American household spending currently may depend on the use of …
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25 September 2020 12:42 am
NYSE Closes in Modest Gains
The New York Stock Exchange (NYSE) closed higher on Thursday, despite uncertainties about the rising number of COVID-19 cases. The Dow Jones Industrial Average Index gained 52.31, or 0.20%, to close at 26,815.44 points. S&P 500 increased by 9.67, or 0.30%, and finished at the level of 3,246.59 points. Meanwhile, …
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25 September 2020 12:30 am
Oil Maintains Rising Rally on Inventories Draw
Oil prices closed higher on Thursday, following a decline in US crude inventories, as shown by recent data. Brent futures for November delivery increased by 17 cents, or 0.4%, and finished at $41.94 per barrel. Meanwhile, the West Texas Intermediate (WTI) futures for November delivery settled higher by 38 cents, …
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25 September 2020 12:23 am
Gold Rises For First Time This Week
Gold prices rose on Thursday after three consecutive declines, amid higher demand for safe havens in light of uncertainties. In addition, the US Dollar (USD) is reversing a portion of its recent gains, moving in the negative territory. Gold futures for December delivery closed higher by $8.50, or 0.5%, at …
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24 September 2020 11:53 pm
Bullard Sees No Downturn in Case of COVID-19 New Wave
A second wave of COVID-19 infections should not harm the recovery of the United States economy, considering that the death toll from the infectious virus is decreasing, President of the Federal Reserve Bank of St. Louis, James Bullard, said on Thursday, Reuters reported. Meanwhile, President of the Federal Reserve Bank …
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24 September 2020 11:44 pm
Fed’s Evans Calls for More Stimulus and Support
President of the Federal Reserve Bank of Chicago, Charles Evans, said on Thursday that more support is needed for people amid the COVID-19 crisis. “We are taking a very serious and unnecessary risk if we do not extend federal assistance to out-of-work households.”“The longer the dual challenges of the pandemic …
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24 September 2020 11:26 pm
Fed’s Barkin Comfortable With 1.5-2.5% Inflation
President of the Federal Reserve Bank of Richmond, Tom Barkin, said on Thursday that the new policy framework could help boost inflation expectations, noting that the risk of sudden rises in inflation in the future is low, Reuters reported. “While inflation has run below our 2 percent target, as I …
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24 September 2020 11:06 pm
European Stocks Return to Losses
European stocks returned to losses on Thursday, closing lower for the day amid concerns about a second wave of COVID-19 infections. The STOXX Europe 600 index lost 1.05%, while the UK’s FTSE100 dropped by 1.30%. The French CAC40 index plunged by 0.89% and the German DAX index finished lower by …
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24 September 2020 9:23 pm
Uncertainty Looms Around BREXIT Trade Talks
Ireland’s Minister of Foreign Affairs and Trade, Simon Coveney, recently said that the United Kingdom (UK) is making negotiations for a new trade deal with the European Union (EU) more difficult by pushing for legislation that undermines international law. “There is a growing sense that perhaps the United Kingdom does …
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24 September 2020 7:21 pm
US New Home Sales Rise in August
New home sales in the United States increased by 4.8% to a seasonally adjusted annual rate of 1.011 million units in August, according to data released by the US Department of Commerce on Thursday. This is the highest level for new home sales since September 2006, according to Reuters. July’s …
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