After raising it to the fourth category, Hurricane Laura is classified as the biggest threat to US oil in 15 years, in light of the expected damage to the energy infrastructure in the region as the halt of US oil production in the Gulf of Mexico approaches its level during …
Read More »WTI Crude Oil Edges Up as Markets Await API Inventory Data
West Texas Intermediate (WTI) crude oil prices climbed toward $65.00 on July 1, 2025, driven by shif…
Dow Soars 426 Points as Investors Shift from Tech to Healthcare; Tesla Plunges Amid Trump-Musk Feud
Dow Soars 426 Points as Investors Shift to Healthcare; Tesla Plunges Amid Trump-Musk Feud The U.S. s…
Gold Jumps Over 1% as Trade Tensions and Fiscal Fears Boost Safe-Haven Appeal
Gold prices soared by more than 1.13%, climbing to approximately $3,355 per ounce, before stablizing…
Senate Approves Trump’s ‘One Big Beautiful Bill’: Key Provisions and Next Steps
The US Senate passed President Donald Trump’s ambitious legislative package, known as the “One Big B…
US Dollar Stages Comeback as Strong ISM and JOLTS Data Counter Political and Trade Uncertainties
The US Dollar Index (DXY) staged a recovery after hitting its lowest level since February 2022 at 96…
Euro Hits Multi-Year Peak Before Dollar Rebounds: ECB Forum and US Data in Focus
The EUR/USD currency pair surged to a multi-year high of 1.1830, its strongest level since September…
Central Bank Titans Convene in Sintra: Powell, Lagarde, and Bailey Tackle Global Monetary Challenges
On July 1, 2025, the picturesque town of Sintra, Portugal, became the epicenter of global economic d…
BOJ’s Ueda Signals Persistent Low Inflation at ECB Forum
On July 1, 2025, at 5:55 PM EEST, Bank of Japan (BOJ) Governor Kazuo Ueda provided critical insights…
Oil Prices Stabilize as OPEC+ Output Hike and Trade Talks Dominate Market Focus
1. Oil Price MovementsOil prices saw slight gains on Tuesday as market participants evaluated expect…
U.S. Stock Futures Pull Back Amid Trade and Fiscal Policy Uncertainty
1. Market Overview and Trade SentimentU.S. stock futures slipped on Tuesday, retreating from recent …
Market Analysis
August, 2020
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27 August 2020 4:23 pm
Hurricane Laura is The Biggest Threat to America’s Oil Production in 15 Years
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27 August 2020 3:22 pm
Kudlow: Trump Administration is “Satisfied” With China’s Implementation
White House economic adviser Larry Kudlow said Trump administration officials are convinced that China is implementing a “phase 1” trade agreement with the United States, following a high-level phone call to review progress. He added that US Trade Representative Robert Lighthizer is “satisfied” that China has so far implemented the …
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27 August 2020 2:33 pm
European Stocks Falling Down, Focus on Powell
European stocks fell during early trading on Thursday, as investors awaited US Federal Reserve Chairman Jerome Powell’s speech for new clues about the path of monetary policy. The Stoxx 600 index currently fell by 0.43% to 371.5 points, while “FTSE” fell by 0.42% to 6,019.82 points. The German DAX index …
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27 August 2020 2:16 pm
Japanese Stocks Closing Lower
Japanese indices fell on Thursday, amid concerns among investors about the tension between the United States and China and focus on the speech of Jerome Powell, Chairman of the US Federal Reserve. Nikkei 225 index fell by 0.35% to 23208.86 points, while TOPIX index fell by 0.53% at 1615.89 points. …
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27 August 2020 2:12 pm
FX Option Expiries For Aug 27 NY Cut
FX option expiries for Aug 27 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1750 530m1.1755 658m1.1800 581m1.1900 1.0bn1.1950 823m – USD/JPY: USD amounts 104.90 425m105.00 1.7bn105.50 890m105.75 706m106.50 404m106.60 706m107.00 441m107.15 353m – AUD/USD: AUD amounts 0.7190 587m – USD/CAD: USD amounts 1.3100 …
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27 August 2020 1:47 pm
US Dollar Near its Lowest Level in a Week Before the US Fed Chairman’s Speech
The dollar remains near its lowest level in a week which it reached earlier Thursday 27 August, before a speech by US Fed Chairman Jerome Powell is expected to hint that the bank will adjust its policy framework to help raise inflation. Powell is scheduled to deliver his speech at …
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27 August 2020 12:10 pm
Gold Declines With Profit-Taking and Investors Awaited Signs From The US Federal
Gold fell Thursday, August 27th, following a sharp increase in the previous session as investors adjusted their positions to focus on whether the US Federal Reserve chairman will hint at a change in monetary strategy. By 06:22 GMT, spot gold fell 0.8% to 1938.32 dollars an ounce, after rising 1.3% …
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27 August 2020 11:28 am
Gold Futures Declined During Asian Session
According to the COMEX, gold futures were traded for December at $ 1949.80 per ounce, down 0.44%. It previously traded at a session low$ 1946.25 an ounce. Gold may find points of support at $ 1908.40 and resistance at $ 1970.30. The dollar index, which measures the performance of the …
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27 August 2020 11:08 am
Chinese Industrial Profits Rose at Fastest Pace in Two Years
Chinese industrial profits rose at the fastest pace in two years, as the sector’s monthly profits rose 8.1% in July. The annual profits of Chinese industrial companies grew by 19.6% to exceed $ 85 billion. This data is an additional indication of the recovery of the second-largest economy in the …
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27 August 2020 11:04 am
Oil prices stable as Gulf of Mexico Braces For Laura
Oil prices stabilized Thursday (August 27th) as a massive hurricane in the Gulf of Mexico affecting US oil industry, forcing oil drilling rigs and refineries to stop production. Brent crude futures for October delivery, which expire on Friday, rose 13 cents, or 0.3%, to $ 45.77 a barrel, after falling …
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27 August 2020 1:16 am
NYSE Maintains Record-Breaking Rally
The New York Stock Exchange (NYSE) closed higher on Wednesday, supported by the tech stocks gains, positive economic data, and expectations that the US Federal Reserve will maintain its monetary policy for the near future. The Dow Jones Industrial Average added 83.48 points or 0.30% and closed at 28,331.92. The …
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27 August 2020 1:07 am
BoE’s Haldane: COVID Could be Catalyst for Social Change
The Chief Economist and the Executive Director of Monetary Analysis and Statistics at the Bank of England (BoE), Andy Haldane, said on Wednesday that the role of central banks against the COVID-19 pandemic is limited in tackling inequalities, Yahoo Finance UK reported. “Many of the yawning social, economic, and financial …
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27 August 2020 12:43 am
Fed’s Esther George: Recession Depends on Pandemic State
President of the Federal Reserve Bank of Kansas, Esther George, said on Wednesday that the COVID-19 recession in the United States could reoccur if the pandemic intensifies. “An important risk to that outlook is thinking about what happens as we come into the fall, whether we see any resurgence in …
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