The New York Stock Exchange (NYSE) closed Tuesday mostly higher, supported by positive economic data, and anticipation for the results of the Federal Reserve meeting. The Dow Jones Industrial Average marginally rose by 2.27 points and closed at 27,995.60 The S&P 500 index added 17.66 points, or 0.5%, and finished …
Read More »BoC Poised to Hold Rates Steady Amid Trade Tensions
As the Bank of Canada prepares to announce its interest rate decision on Wednesday, July 30, 2025, e…
Crude Oil Surges as Trump Issues Ultimatum to Russia
Crude oil prices soared on Tuesday, driven by heightened geopolitical tensions as the U.S. issued a …
Pound Slips Amid Risk-Off Sentiment and US-EU Trade Deal Concerns
The British pound faced modest losses on Tuesday, caught in the crosshairs of a resurgent US dollar …
Trade Talks Intensify as August 12 Tariff Deadline Looms
Global trade negotiations are heating up as the United States and China race against a looming Augus…
US Session Key Drivers: Markets Brace for Fed Decision as Dollar Surges
The US dollar charged to new multi-week peaks on Tuesday, fueled by growing uncertainties in global …
FOMC Faces Firestorm: Unprecedented Split, Trump Pressure Looming Over Rate Decision
As the Federal Reserve prepares for its July meeting on Tuesday, July 29, 2025, a volatile mix of po…
Boeing’s Q2 Performance Shows Improvement Amidst Ongoing Challenges
Boeing, the prominent aircraft manufacturer, reported a narrowed second-quarter loss and increased r…
Bitcoin Remains Rangebound Amid Trade Talks and Fed Decision
Bitcoin stayed steady near $119,000 on Tuesday as investors awaited further clarity on U.S. trade ne…
Visa and Mastercard to Report Strong Quarterly Profits Amid Consumer Resilience and Trade Uncertainty
Visa (NYSE:V) and Mastercard (NYSE:MA), the world’s largest payment processors, are expected to repo…
European Equities Edge Higher Amid Trade Deal Optimism and Corporate Results
European equities saw a modest uptick on Tuesday, lifted by corporate earnings reports, notably in E…
Market Analysis
September, 2020
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16 September 2020 2:06 am
US Treasury Yields Seen Increasing on Tuesday
US Treasury yields rose on Tuesday following the release of positive economic data in the United States. Yields on the 10-year Treasury note increased by 0.9 basis point to 0.678%. Return on the two-year note rose by 0.4 basis point to 0.139%. Meanwhile, the 30-year bond yield grew by 2.2 …
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16 September 2020 1:45 am
Oil Finishes Higher Amid Output Disruptions
Oil prices rose on Tuesday, amid output disruptions in North America, despite continuous concerns about the outlook for global demand. Brent crude futures for November delivery increased by 92 cents, or 2.3%, and finished at $40.53 per barrel. Meanwhile, the West Texas Intermediate (WTI) crude futures for October delivery added …
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16 September 2020 12:09 am
Gold Settles at Two-Week High
Gold prices rose on Tuesday, for the second consecutive session, to its highest level in about two weeks. The yellow metal futures for December delivery gained $2.50, or 0.1%, to settle at $1,966.20 per ounce. This is the highest closing level for gold futures since the beginning of the month.
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15 September 2020 9:45 pm
European Stocks Close Higher
European stocks closed higher on Tuesday, continuing a positive rally this week amid anticipation for upcoming meetings by the US Federal Reserve, the Bank of England (BoE), and the Bank of Japan (BoJ). The Stoxx Europe 600 index finished higher by 0.77%, while the UK’s FTSE100 surged by 1.32%. Meanwhile, …
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15 September 2020 9:38 pm
US Median Household Income Rises in Year
The median household income in the United States increased by 6.8% in 2019, for the second consecutive year, with the number of people in poverty decreasing, data by the US Census Bureau’s annual report showed on Tuesday. The median household income for last year stood at $68,703 compared with $64,324 …
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15 September 2020 8:51 pm
US Manufacturing Output Up 1% in August
Manufacturing production in the United States rose by 1% in August, data by the US Federal Reserve showed on Tuesday. This comes after a 3.9% growth in July and below market expectations of a 1.2% increase.
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15 September 2020 8:48 pm
Canadian Manufacturing Sales Rise 7% in July
Manufacturing sales in Canada increased by 7% to $53.1 billion in July, data by Statistics Canada showed on Tuesday. This is the third monthly consecutive rise for Canadian manufacturing sales, which remain below their levels before the COVID-19 pandemic.
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15 September 2020 8:42 pm
NZD/USD Advances on Positive Economic Data
The New Zealand Dollar (NZD) is rising against the US Dollar (USD) on Tuesday, after data showed an increase of the Global Daily Trade (GDT) Price Index. The GDT recorded a 3.6% increase this week, after falling by 1% in the week before. The NZD/USD is trading higher by 0.18% …
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15 September 2020 8:37 pm
GDT Records 3.6% Increase
The Global Daily Trade (GDT) Price Index in New Zealand recorded a 3.6% increase this week, after falling by 1% in the week before, data showed on Tuesday.
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15 September 2020 5:39 pm
U.S. Industrial Production Expands by 0.4% in August
Industrial Production in the United States expanded by 0.4% on a monthly basis in August, the US Federal Reserve reported on Tuesday. This reading followed July’s increase of 3.5% (revised from 3%) and came in worse than the market expectation of 1%. “Capacity utilization for the industrial sector increased 0.3 …
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15 September 2020 5:07 pm
Canada: Manufacturing Sales Increase by 7% in July
Manufacturing Sales in Canada increased by 7% to $53.1 billion in July, the data published by Statistics Canada showed on Tuesday. This reading followed June’s 23% spike and came in worse than the market expectation of 8.7%.
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15 September 2020 5:05 pm
US: NY Empire State Manufacturing Index Improves to 17 in September
The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey improved from 3.7 in August to 17 in September. This reading beat the market expectation of 6 by a wide margin. “The new orders index climbed nine points to 7.1, pointing to a modest increase in orders, and …
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