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European stocks closed higher on Friday, wrapping up a week of gains on the back of positive news about Coronavirus vaccines. The STOXX Europe 600 index gained 0.41%, to close at 393.23 points, registering weekly gains of around 0.5%. In France, the French CAC40 index added 0.56%. Meanwhile, the UK’s …
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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…
20 December, 2025 1:51 am
Markets Look Ahead to 2026 as Currencies, Gold, and Crypto Close a Turbulent Year
Global financial markets are heading into the final stretch of the year with a mix of cautious optim…
19 December, 2025 11:41 pm
U.S. Inflation Data Unlikely to Shift Federal Reserve’s Near-Term Course
The latest U.S. inflation figures are not expected to significantly alter the Federal Reserve’s poli…
19 December, 2025 10:12 pm
Gold Caught in a Tight Range as Dollar Strength Tempers Inflation Optimism
Gold prices ended the week moving sideways near the $4,350 level, reflecting a market caught between…
19 December, 2025 9:24 pm
US Inflation Nears the Finish Line, but Questions Remain
Inflation in the United States appears to be cooling and edging closer to the Federal Reserve’s long…
19 December, 2025 8:34 pm
Tech Rally Powers Wall Street Gains
U.S. stocks closed higher on Friday, fueled by a surge in technology shares for the second consecuti…
19 December, 2025 7:18 pm
Dollar Finishes the Week on Stronger Ground as Markets Weigh Inflation Signals
The U.S. dollar closed the week with renewed strength, advancing against all major currencies as glo…
19 December, 2025 4:20 pm
U.S. Stock Futures Advance on Softer Inflation, but Weekly Losses Still Loom
U.S. stock index futures edged higher on Friday, extending gains from the previous session after sof…
19 December, 2025 1:59 pm
European Stocks Take a Breather, But Weekly Gains Hold After Central Bank Blitz
European equities were largely flat on Friday as investors stepped back after a dense week of centra…
19 December, 2025 12:44 pm
Bitcoin Stuck Below $90,000 as Soft U.S. Inflation Fails to Spark Breakout
Bitcoin traded in a narrow range on Friday, hovering near the $87,000 level, as investors continued …
Market Analysis
November, 2020
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27 November 2020 6:36 pm
USD Nears Another Weekly Loss
The US Dollar (USD) is set to record weekly losses after continuing to decline on Friday, amid improved risk appetite among investors. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is down by 0.10% at 91.90. The index has been moving …
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27 November 2020 6:28 pm
Germany to Raise COVID-19 Stimulus Spending
The German government plans to increase Coronavirus aid for companies to about EUR 4.5 billion per week next month, according to an official statement picked up by Reuters. “Cohesion and solidarity are hence the imperative of the hour,” said the Economy Minister Peter Altmaier. “We will not leave our companies …
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27 November 2020 6:22 pm
Brazilian Economy Creates Record Number of Jobs
The Brazilian economy has created a record number of jobs during October, according to recent dat. A net 394,989 formal jobs were created last month, according to recently released figures by the Brazilian economy ministry. This is the fourth consecutive month in which the largest economy in South America has …
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27 November 2020 6:18 pm
Gold Declines amid Strong Correction
After a slight rebound on Thursday, Thanksgiving holiday in the United States, it seems that the yellow metal’s correction wave is far from over. Gold futures are seeing negative performance with large losses on Black Friday, on the road to record its biggest weekly decline in about two months. Positive …
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27 November 2020 6:05 pm
Chinese Industrial Profits Increasing at Fastest Pace Since Early 2017
Profits for Chinese industrial companies rose in October for the sixth consecutive month and reached the fastest pace since early 2017, indicating a strong recovery in the manufacturing sector after being hit hard by the Covid-19 pandemic. According to data from the National Bureau of Statistics on Friday, profits of …
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27 November 2020 5:57 pm
Gold Plummets to Fresh Multi-Month Lows
The precious metal came under sudden selling pressure against the US dollar, falling to its lowest level since July at 1782.28. There is not much fundamental catalyst behind this move but the technical selling could arise below the psychological level of $1800.
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27 November 2020 5:38 pm
Economic Sentiment in Turkey Fell 3.5% in November
Data from the Turkish Statistical Institute showed today, Friday, that Turkey’s economic sentiment index fell 3.5% on a monthly basis in November to 89.5 points, as an increase in the frequency of new cases of coronavirus pushed Ankara to impose partial restrictions. The index had risen for six consecutive months …
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27 November 2020 4:55 pm
Dollar Declining And Heading For Weekly losses. AUD and NZD Climbing
The dollar fell in early trading in London on Friday and is heading to suffer a weekly loss against a basket of currencies, even though the stock market lost momentum as sentiment hurt from doubts about the AstraZeneca vaccine for Covid-19. The dollar has lost more than 2.2% since the …
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27 November 2020 3:43 pm
European Stocks Heading For a Fourth Weekly Gain, But Vaccine Concerns Are High
European stocks rallied on Friday, as investors were cautious before the torrent of economic data expected to be released later today, while sentiment was also affected by doubts about the effectiveness of the AstraZeneca vaccine for Covid-19. The pan-European STOXX 600 index fell 0.1%, as the travel and energy sectors …
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27 November 2020 3:00 pm
Germany Planning New Debt of Around 180 Billion Euros in 2021
Germany intends to borrow 179.82 billion euros (214.36 billion dollars) next year, nearly double the 96 billion euros expected before that, lawmakers told Reuters on Friday, as Berlin is expanding aid measures to mitigate the impact of the Covid-19 pandemic on Europe’s largest economy. The German parliament’s budget committee of …
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27 November 2020 2:31 pm
Gold Heading For a Weekly Decline as Investors Focus on Vaccine Headlines
Gold fell on Friday and is heading to record its third consecutive weekly loss, as investors balance doubts about a Covid-19 vaccine that tops the nominations and optimism that the vaccines will arrive sooner than expected. Gold fell in immediate trading 0.1% to $ 1809.40 an ounce, with a weekly …
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27 November 2020 1:40 pm
The Number of Coronavirus Cases in Germany Exceeds One Million
Data from the Robert Koch Institute for Infectious Diseases showed today, Friday, that 22,806 new confirmed cases of Coronavirus were recorded in Germany, bringing the total to one million and 6,394 cases. The data revealed that 426 new deaths were recorded, bringing the total number to 15,586.
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