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Gold prices declined on Thursday, following four consecutive daily rises, as the United States Treasury yields rose following the decline in jobless claims in the U.S. The decline of the yellow metal comes as the U.S. Dollar (USD) has been fluctuating in a tight range today. Gold futures for April delivery dropped …
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17 March, 2026 1:22 pm
European Stocks Mixed as Oil Rises After Allies Reject Hormuz Mission
European stock markets traded without a clear direction at the start of Tuesday’s session, as rising…
17 March, 2026 12:31 pm
Gold Reclaims $5,000 as Oil Eases, Focus Turns to Central Bank Decisions
Gold prices climbed in Asian trading on Tuesday, moving back above key levels as easing oil prices p…
17 March, 2026 11:58 am
RBA Raises Rates to 4.1% as Inflation Risks and Iran Conflict Cloud Outlook
The Reserve Bank of Australia (RBA) raised interest rates by 25 basis points on Tuesday, as expected…
17 March, 2026 11:23 am
Oil Rebounds Above $100 as Iran Conflict Keeps Supply Risks in Focus
Oil prices surged in Asian trading on Tuesday, recovering from the previous session’s sharp losses a…
17 March, 2026 1:30 am
Looming Policy Turning Point: Can Central Banks Rescue the Global Economy?
The global economy stands at a critical crossroads. While growth is slowing in several major economi…
17 March, 2026 12:54 am
Monday Rally Best Since War Erupted: Wall Street Surges as Oil Retreat Sparks Market Relief
U.S. stocks kicked off the week with strong gains after a sharp drop in oil prices eased pressure on…
16 March, 2026 11:46 pm
Oil Shock Cools: Prices Drop as Gulf Shipping Slowly Resumes
Global oil prices fell sharply as new signals suggested that some shipments may once again be passin…
16 March, 2026 10:46 pm
Dollar Under Pressure as Swiss Franc Rides Wave of Global Anxiety
The Swiss franc strengthened against the US dollar on Monday as the greenback eased from recent high…
16 March, 2026 9:21 pm
Euro Climbs Amid Dollar Pause as Oil and Central Banks Steal the Spotlight
The euro is staging a steady comeback against the US dollar, approaching the 1.1500 mark as markets …
16 March, 2026 7:20 pm
Pound Gains as BoE Signals Caution Amid Rising Inflation Risks
The British Pound has seen a noticeable boost recently as expectations for the Bank of England’s nex…
Market Analysis
February, 2021
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11 February 2021 11:08 pm
OPEC Revises Its Demand Forecasts for 2021
The Organization of the Petroleum Exporting Countries (OPEC) is expecting the global demand for crude oil to rise by 5.8 million barrels per day (b/d) in 2021, decreasing its previous expectations by about 100,000 b/d. Extended lockdowns and the re-introduction of partial lockdowns in a number of countries has resulted …
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11 February 2021 8:47 pm
U.S. Natural Gas Inventories Down 171 BCF
Natural gas inventories in the United States decreased by 171 billion cubic feet (Bcf) during the week ended February 5, according to data by the U.S. Energy Information Administration (EIA) on Thursday. The total amount of natural gas stockpiles currently stands at 2.518 trillion cubic feet (Tcf), declining by 9 …
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11 February 2021 7:36 pm
USD Flat After Jobless Claims Data
The U.S. Dollar (USD) remained mostly flat on Thursday, following the release of official data that showed a decline in the number of initial claims for unemployment benefits in the United States. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is …
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11 February 2021 6:31 pm
US: Weekly Initial Jobless Claims Decline to 793K
There were 793,000 initial claims for unemployment benefits in the US during the week ending February 6, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 812,000 and came in worse than the market expectation of 757,000.
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11 February 2021 5:33 pm
OPEC Lowers 2021 World Oil Demand Growth forecast to 5.79M bpd From 5.9M bpd
OPEC said that global oil demand will rebound in 2021 at a slower pace than previously thought, in the latest step in a series of cuts to expectations amid the fallout from the coronavirus pandemic. The Organization of Petroleum Exporting Countries added in a monthly report that demand will rise …
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11 February 2021 4:58 pm
Platinum at a Peak of More Than 6 Years
Platinum prices rose to their highest levels in more than six years, continuing a strong rally thanks to market hopes that an economic recovery would support demand from the auto sector. Platinum rose 1.3% to $ 1257.51 an ounce, after earlier jumping as much as 2.2% to its highest level …
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11 February 2021 3:55 pm
IEA Laments The Fragile Oil Market And Expects Quick Draw in H2 of 2021
The International Energy Agency said today, Thursday, that global oil supplies are still exceeding demand due to the continuing general isolation measures aimed at combating the Coronavirus and the spread of its strains, but vaccines should help to recover demand and quickly allow producers to pump more. The Paris-based Energy …
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11 February 2021 3:01 pm
US Dollar Settled After Weak US Inflation And Central Tendency to Monetary Easing
The dollar fell during a quiet Asian session, after weaker than expected inflation data in the United States for January and the Federal Reserve’s repetition of its monetary easing stance, but the US currency compensated for some of its losses with the opening of European markets. Data on Wednesday showed …
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11 February 2021 2:12 pm
A Sudden Drop in Russia’s Oil Production Since The Beginning of February
Sources told Reuters that despite plans to increase its oil production, data show that Russia’s production of oil and gas condensate actually fell from February 1 to February 10 to 10.11 million barrels per day from an average of 10.16 million barrels per day in January. As of February, Russia …
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11 February 2021 2:10 pm
Oil Retreating After a Strong Rally
Oil prices retreated, giving back some of the strong recent gains they have made, on expectations of a slower economic recovery and speculation that market strength may entice producers like Saudi Arabia to reduce production. Brent crude fell 35 cents, or 0.6%, to $ 61.12 a barrel with the opening …
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11 February 2021 2:08 pm
European Stocks Rise on Earnings Reports
European stocks rose to remain on the path to concluding the week on stability, as investors closely watched a barrage of corporate earnings reports to derive indications of the pace of recovery in business activities. The pan-European STOXX 600 index rose 0.1% in early trade, with most of the sectors …
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11 February 2021 2:06 pm
Gold is Falling on US Dollar’s Recovery And Weaker US Inflation Data
Gold fell as the dollar recovered from a two-week low it reached in the previous session and weaker inflation data in the United States dampened appetite for the yellow metal. Gold fell in immediate transactions 0.3% to $ 1837.13 an ounce, after reaching its highest level in more than a …
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