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Gold prices declined on Wednesday, as markets anticipate the outcomes of the US presidential elections. Gold futures for December delivery closed lower by $2.30, or 0.1%, at $1,908.10 per ounce. Silver futures for December delivery finished lower by 14.4 cents, or 0.6%, at $24.19 per ounce.
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20 October, 2025 3:56 am
Market weekly wrap: Government shutdown could have an end soon
Markets kicked off last week on a cautious note after President Donald Trump announced late Friday a…
18 October, 2025 12:17 am
Wall Street Bounces Back: Dow Surges as Trade Hopes and Fed Bets Lift Market Mood
After a turbulent week marked by financial sector jitters and political uncertainty, the Dow Jones I…
17 October, 2025 11:28 pm
Gold Retreats from Record High as Trump Softens Stance on China
Gold’s meteoric rise hit a speed bump on Friday, slipping 2% from its all-time high after U.S. Presi…
17 October, 2025 10:10 pm
Washington Stalemate Deepens: U.S. Government Shutdown Hits 17 Days With No End in Sight
The United States government shutdown entered its 17th day on Friday, making it the third-longest in…
17 October, 2025 9:24 pm
Euro Holds Firm as France Restores Political Calm, While UK Faces Fiscal Strain
The euro remained stable on Friday, supported by renewed political calm in France after recent tensi…
17 October, 2025 8:39 pm
Bitcoin’s October Slump Fuels Hope for a Major Comeback
Bitcoin’s price dropped again in October, stirring memories of past downturns that often came just b…
17 October, 2025 7:32 pm
Washington Moves to Ease Capital Rules for Small Banks in Bid to Boost Lending
U.S. regulators are preparing a proposal aimed at giving community banks more room to lend by easing…
17 October, 2025 7:03 pm
Swiss Franc Rises as Global Trade Worries and Rate Cut Bets Pressure the US Dollar
Trade Tensions and Rate Cut Bets Push the Dollar DownThe US Dollar is facing significant downward pr…
17 October, 2025 3:20 pm
U.S. Futures Extend Losses as Regional Bank Worries and Geopolitical Tensions Weigh
U.S. stock index futures slipped further on Friday, extending the previous session’s selloff as rene…
17 October, 2025 12:57 pm
Oil Prices Slip as Trump–Putin Peace Talks Ease Supply Fears
Crude on Track for 3% Weekly LossOil prices extended their decline on Friday, heading toward a weekl…
Market Analysis
November, 2020
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4 November 2020 8:31 pm
European Stocks Close Higher
European stocks closed higher on Wednesday, as investors anticipate the outcomes of the United States presidential elections. The Stoxx Europe 600 index gained 1.89% or 6.73 points, to close at 362.74 points. Meanwhile, the UK’s FTSE100 finished higher by 1.67%. The German DAX leveled up by 1.95%, while the French …
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4 November 2020 8:20 pm
US Service Sector Slows in October
The Institute for Supply Management’s (ISM) services index decreased in October to 56.6 from 57.8 in September, data showed on Wednesday. This is the lowest expansion for the United States services sector in five months, as the economy recovers from the impact of the COVID-19 pandemic.
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4 November 2020 8:10 pm
US Crude Oil Inventories Down in Week
Crude oil inventories in the United States declined by 8 million barrels last week, according to data by the US Energy Information Administration (EIA) on Wednesday. Meanwhile, gasoline stockpiles increased by 1.5 million barrels, while distillate stockpiles decreased by 1.6 million barrels.
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4 November 2020 7:44 pm
USD Struggling for Direction
The US Dollar (USD) is fluctuating on Wednesday, awaiting the results of yesterday’s elections. It seems unlikely that the Democrats will take control of the Senate, which means a new large stimulus package remains uncertain. The Dollar index (DXY), which measures the performance of the USD against a basket of …
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4 November 2020 7:26 pm
Wall Street Opens Higher Awaiting Election Results
Wall Street opened higher on Wednesday, on the day following Election Day in the United States as the outcomes of the elections remains highly anticipated. All the indices of the New York Stock Exchange (NYSE) are trading higher. The Dow Jones Industrial Average is up by more than 563 points …
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4 November 2020 7:00 pm
US: Trade Deficit Narrows to $63.9 Billion in September
The United States’ goods and services deficit declined by $3.2 billion to $63.9 billion in September, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis showed on Wednesday. This reading missed the market expectation for a deficit of $63.8 billion by a small …
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4 November 2020 6:58 pm
Canada: Trade Deficit Expands to C$3.25 Billion in September
Canada’s trade deficit expanded from C$3.21 billion in August to C$3.25 billion in September, the monthly data published by Statistics Canada showed on Wednesday. This reading came in worse than the market expectation for a deficit of C$2.6 billion. Further details of the publication revealed that Canada’s exports rose by …
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4 November 2020 6:58 pm
US Private Sector Employment Rises by 365K in October
Employment in the US private sector rose by 365,000 in October, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday. This reading followed September’s increase of 753,000 (revised from 749,000) and missed the market expectation of 650,000 by a wide margin.
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4 November 2020 6:33 pm
US Election: Biden Takes Lead in Michigan, 49.3% vs. 49.1%
Former Vice President Joe Biden has taken a slim lead in Michigan over US President Donald Trump, 49.3% vs. 49.1%, with 94% of expected votes tallied, the latest figures from the Associated Press showed.
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4 November 2020 6:13 pm
Canada: Trade Deficit Expands to C$3.25 Billion in September
Canada’s trade deficit expanded from C$3.21 billion in August to C$3.25 billion in September, the monthly data published by Statistics Canada showed on Wednesday. This reading came in worse than the market expectation for a deficit of C$2.6 billion. Further details of the publication revealed that Canada’s exports rose by …
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4 November 2020 6:11 pm
US Election: Trump Lead Narrows in Michigan, 49.4% vs. 48.9% with 86% of Votes Tallied
In Michigan, with 86% of expected votes tallied, President Donald Trump has 49.4% and former Vice President Joe Biden has 48.9%, Reuters reported, citing Edison Research. Earlier in the day, Trump’s lead was 52% in the state with 79% of votes tallied and the narrowing gap seems to be helping …
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4 November 2020 5:28 pm
US Election: Biden is up 49.5% vs. 48.8% in Wisconsin With 97% of votes tallied
Former Vice President Joe Biden has 49.5% and US President Donald Trump has 48.8% of the votes in Wisconsin with 97% of expected votes tallied so far, Reuters reported, citing Edison Research.
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