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Gold prices declined for the first time this week, after two consecutive rises, as both the US Treasury yields and the US Dollar (USD) rose on Wednesday. In addition, positive news about Coronavirus vaccines are limiting demand for safe havens. Gold futures for February delivery decreased by $36.40, or 1.9%, …
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22 December, 2025 10:23 pm
Dow Jones Climbs as Wall Street Eyes Year-End “Santa Rally”
The Dow Jones Industrial Average kicked off a shortened holiday week on a high note, gaining approxi…
22 December, 2025 7:47 pm
Pound Surges as UK Growth Steadies and Holiday Trading Lifts Markets
The British pound strengthened sharply against the US dollar after fresh economic data showed the UK…
22 December, 2025 5:07 pm
Year-End Equity Rally Builds as Fed Cut Bets and AI Buzz Lift Futures Into Thin Holiday Trade
U.S. equity futures edged higher on Monday as a year-end rally gathered pace, with investors positio…
22 December, 2025 2:47 pm
European Stocks Ease From Record Highs as Holiday-Thinned Trading Caps Momentum
European equities edged lower on Monday, struggling to extend gains after ending last week at record…
22 December, 2025 1:42 pm
Bitcoin Holds Near $89,000 as Rate-Cut Optimism Lifts Risk Sentiment, Momentum Still Elusive
Bitcoin edged slightly higher on Monday, stabilizing near the $89,000 level after ending last week i…
22 December, 2025 12:46 pm
Oil Prices Climb on Venezuela Supply Risks as Geopolitics Return to Focus
Oil prices edged higher on Monday, rebounding from recent losses as fresh geopolitical developments …
22 December, 2025 11:27 am
UK Economy Posts Marginal Q3 Growth as Momentum Remains Fragile
Britain’s economy expanded by a modest 0.1% in the third quarter of 2025, official data showed on Mo…
22 December, 2025 10:53 am
Gold, Silver Smash Fresh Records as Geopolitical Risks Fuel Haven Rush; Platinum Tops $2,000
Gold and silver surged to new all-time highs in Asian trading on Monday, extending a powerful multi-…
22 December, 2025 1:16 am
Weekly Market Wrap: Investors are betting on further Fed rate cut
Financial markets ended last week in a state of uncertainty following the release of what were argua…
20 December, 2025 2:06 am
Silver Breaks Records as Investors Flock to Precious Metals
Silver prices surged to fresh all-time highs this week, underscoring a powerful rally that continues…
Market Analysis
December, 2020
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9 December 2020 11:42 pm
European Stocks End Wednesday on Higher Note
European stocks closed higher on Wednesday, with growing anticipation for the outcomes of the post-Brexit trade talks. The STOXX Europe 600 index finished up by 0.4%, supported by the gains of major market sectors. The UK’s FTSE100, the main index of the London Stock Exchange (LSE), edged up by 0.08%. …
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9 December 2020 10:44 pm
US Crude Oil Inventories Surge by 15.2 M Barrels
Crude oil inventories in the United States surged last week, data by the Energy Information Administration (EIA) showed on Wednesday. Oil stockpiles went up by 15.2 million barrels in the week to December 4, reaching a total of 503.2 million barrels. This is the largest rise in crude oil inventories …
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9 December 2020 10:28 pm
US Wholesale Inventories Rise in October
Wholesale inventories in the United States rose in October, according to data by the Department of Commerce release on Wednesday. Wholesale inventories rose by 1.1% in October, instead of an initially estimated 0.9%. On an annual basis, inventories decline by 2.2% in October 2020, compared with the same month of …
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9 December 2020 8:30 pm
US New Job Openings Rise in October
New job openings in the United increased during the month of October, as the American economy is recovering from the Coronavirus crisis, data showed on Wednesday. Job openings grew to 6.65 million by the end of October from 6.49 million in September, according to the US Department of Labor’s monthly …
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9 December 2020 7:20 pm
The S&P 500 Reaches a Record High Thanks to The Vaccine And The Stimulus Bets
The S&P 500 Index hit a record high moments after the opening Wednesday, amid demand for stocks sensitive to economic developments such as banks and industrial companies sparked hopes for a vaccine-fueled recovery and more US fiscal stimulus. The S&P 500 opened up 3.73 points, equivalent to 0.10%, to reach …
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9 December 2020 7:00 pm
BoC Maintains Interest Rates
The Bank of Canada (BoC) maintained its target for the overnight rate at the effective lower bound of 0.25%, with the Bank Rate at 0.5% and the deposit rate at 0.25%.
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9 December 2020 6:42 pm
China’s CPI Fell For The First Time Since 2009
China’s CPI fell in November for the first time in nearly a decade as food prices fell. The Chinese National Statistics Office said the Consumer Price Index, a gauge of inflation that measures the prices of a basket of consumer goods and services, fell 0.5% in November compared to a …
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9 December 2020 6:15 pm
UK PM Johnson: EU Wants to Take Away Our Control Over Our Fishing Waters
“The European Union wants to take away our control over our fishing waters,” British Prime Minister Boris Johnson said on Wednesday and reiterated that he cannot accept that demand. “The EU is insisting that if they pass a new law in the future then they want the automatic right to …
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9 December 2020 5:23 pm
Russia: OPEC+ Decision Supports The Budget Plan
Russia’s Finance Minister Anton Siluanov said last week’s decision by the OPEC+ group to gradually increase oil production would help Russia implement its budget revenue plan and may also contribute to the growth of its sovereign wealth fund. The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC Russia agreed …
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9 December 2020 4:15 pm
Britain Suspends Tariffs on US Goods to Ease a Trade Dispute
The British Ministry of Commerce said that starting from January 1, Britain will suspend customs duties imposed on US goods in a dispute over aircraft support, describing the move as an attempt to reduce the escalation of a devastating conflict in international trade. This decision is Britain’s first deviation from …
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9 December 2020 3:35 pm
BoC Preview: There Are no Surprises But Could Address Future of QE
Markets are looking forward to Wednesday’s decision interest rates by bank of Canada, and it is widely expected that the Bank of Canada will leave the interest rate unchanged (0.25%). The bank may make some statements regarding the Canadian economy after Canadian data came in above expectations in terms of …
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9 December 2020 2:47 pm
Dollar Falls as Vaccine Optimism Undermines Demand For Safe Havens
The dollar fell in Asia on Wednesday (December 9th), as signs of progress in the fight against the Covid-19 pandemic undermined demand for safe assets, while the pound was facing anxious anticipation ahead of a meeting of leaders seeking to salvage a trade deal of Brexit The US currency fell …
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