Investor sentiment in Germany increased unexpectedly in September, the ZEW Institute for Economic Research said on Tuesday, indicating confidence in recovery from the Corona crisis despite concerns related to stalled Brexit talks and a spike in new cases of the virus. The index of economic sentiment for investors increased to …
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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15 September 2020 3:06 pm
IEA: Recovery in Oil Demand Set to Slow for The Rest of 2020
The International Energy Agency reduced its forecast for oil demand this year, indicating caution about the pace of the economic recovery from the Corona pandemic. The Paris-based agency lowered its forecast for 2020 by 200,000 bpd to 91.7 million bpd, the second cut of its oil demand forecast in several …
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15 September 2020 2:54 pm
Yuan Hits a 16-Month High After Chinese Data
The Chinese yuan jumped to its highest level in 16 months against the dollar on Tuesday, September 15th after Chinese data indicated an economic recovery after isolation measures due to the Corona pandemic, while the US dollar fell as risk appetite improved. Chinese industrial production accelerated and retail sales grew …
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15 September 2020 1:49 pm
Oil Falls as Demand Concerns Continue to Weigh on Market
Oil prices fell on Tuesday, September 15th, as a result of concerns about a slow recovery of global demand for fuel that has been hit by the Coronavirus pandemic, in light of a warning about pessimistic expectations from major oil producers. Brent crude fell four cents, equivalent to 0.1%, to …
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15 September 2020 12:21 pm
Japan Shares Lower on Strong Yen And Profit-Taking
Japanese shares closed lower on Tuesday, September 15th as the strong yen pressured export companies and investors profit-taking following a three-day rally ahead of the country’s ruling party elections that chose Yoshihide Suga, an ally of outgoing Prime Minister Shinzo Abe, as the new leader. The Nikkei index closed down …
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15 September 2020 12:07 pm
Gold Hits Its Highest Level in Nearly Two Weeks on Falling Dollar
Gold reached its highest level in nearly two weeks Tuesday on September 15th in light of the dollar’s weakness and as investor interest turned to the US Federal Reserve meeting in search of details regarding its plans to keep interest rates low while aiming to raise the rate of inflation. …
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15 September 2020 11:16 am
UK Unemployment Rate Rises For The First Time Since The Restrictions
Official data showed that the unemployment rate in Britain rose for the first time since the imposition of general isolation measures to combat the Coronavirus in March. The Office for National Statistics said the unemployment rate increased to 4.1% in the three months ending in July from 3.9% between April …
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15 September 2020 11:10 am
China Extends Customs Exemptions For 16 US Products
China’s Finance Ministry said it will extend existing customs exemptions for 16 US products including lubricants, whey and fish meals for an additional year. The ministry said that the products received exemptions from retaliatory customs duties imposed by China on US goods as countermeasures to the US Article 301 measures …
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15 September 2020 11:06 am
Retail Sales Rise in China For The First Time in 2020
Retail sales in China rose in August for the first time since 2020, as Chinese consumers ramped up their spending in a sign of further economic recovery from the shock of the coronavirus pandemic. Retail sales rose 0.5% in August from the same period last year, in the first positive …
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15 September 2020 11:04 am
Japanese Nikkei Down 0.51% in Early Trading in Tokyo
The Nikkei benchmark index fell in early trading on the Tokyo Stock Exchange on Wednesday. The Nikkei fell, a benchmark Nikkei index fell in early trading on the Tokyo Stock Exchange on Wednesday. The Nikkei fell 0.13% to 23,425.23 points, while the broader TIOUX index fell 0.11% to 1639.02 points …
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15 September 2020 10:14 am
PBOC Sets Yuan Reference Rate at 6.8222
The People’s Bank of China (PBOC) has set the yuan reference rate at 6.8222 versus Monday’s fix at 6.8361.
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15 September 2020 10:14 am
FX Option Expiries For Sept 15 NY Cut
FX option expiries for Sept 15 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.1830 823m1.1850 2.4bn1.1885 957m1.1910 637m USD/JPY: USD amounts 105.00 1.1bn105.70 535m105.95 999m106.00 665m
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15 September 2020 10:13 am
PBOC Injects CNY600 B Through One-Year MLF at 2.95%
The People’s Bank of China (PBOC) injected CNY600 billion via one-year medium-term lending (MLF) facility on Tuesday. The Chinese central bank issued the one-year MLF at 2.95%, unchanged from the previous operation. The PBOC kept the rates unchanged for the fifth month in a row. There is CNY170 billion reverse …
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