EUR / GBP rallied in the European session and was seen hovering near weekly highs just below the mid of 0.9000. The pair reversed the decline to the 0.9010 area and turned to the positive side for the second consecutive session on Wednesday. The rise was due to the weakening …
Read More »Bitcoin Holds Steady as Markets Await Details on U.S.-China Trade Framework and U.S. CPI Data
Bitcoin traded largely flat on Wednesday, pausing after Tuesday’s sharp gains as traders diges…
European Stocks Trade Flat as Markets Eye U.S. CPI, U.K. Spending Review, and China Trade Talks
European stock markets opened Wednesday in narrow ranges as investors absorbed the implications of t…
Gold Rises as Trump Tariff Ruling Offsets China Trade Optimism; CPI Data Eyed
Gold prices edged higher in Asian trading on Wednesday, buoyed by safe-haven demand after a U.S. cou…
Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggle To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Market Analysis
August, 2020
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5 August 2020 2:33 pm
Eurozone Retail Sales Jump 1.3% YoY in June
Eurozone’s Retail Sales arrived at +5.7% MoM in June Vs +5.9% expected and +17.8% last, the latest data from the Eurostat showed on Wednesday. On an annualized basis, the bloc’s Retail Sales came in at +1.3% in June Vs-5.1% seen in May and -0.5% expected. The Retail Sales released by …
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5 August 2020 1:29 pm
Business Activity in Eurozone is Witnessing a Modest Recovery
A survey showed that Eurozone business activity recorded a modest recovery in July as some restrictions imposed to prevent the spread of the Covid 19 were lifted. Friday’s data showed the economy shrinking in the bloc by 12.1% in Q4, while a Reuters poll expected growth of 8.1% in July …
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5 August 2020 1:04 pm
UK Businesses Grow at Fastest Pace in Five Years
A survey showed that British companies in the services and manufacturing sectors grew at the fastest pace in more than 5 years last month, with the start to recover from the effects of Covid-19 on the economy. The IHS Markit / CIPS final composite Purchasing Managers’ Index (PMI) rose to …
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5 August 2020 12:25 pm
USD/CAD Slides to Over 5-Month Lows
The USD / CAD weakened further and fell below 1.3300 to the lowest level since February 26 during the European session today. The pair saw some subsequent sell-off during the first half of trading on Wednesday and broke below the monthly support levels in June near the 1.3315 area, and …
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5 August 2020 12:07 pm
European Shares Higher on Strong Earnings Reports
European stocks rose on Wednesday, influenced by positive earnings reports and massive amounts of stimulus across the financial system, all of which overshadowed concerns over the increasing numbers of Corona cases in Europe and the United States. The pan-European STOXX 600 index (STOXX) rose 0.7%, with the oil & gas …
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5 August 2020 11:20 am
Crude Oil Futures Rose During Asian Session
Crude oil futures rose during the Asian session on Wednesday. According to the New York Mercantile Exchange, crude oil futures were traded for September at $41.69 a barrel, up 0.02%. It was previously traded at a session high of $41.73 a barrel. Crude oil may find support at $38.72 and …
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5 August 2020 10:43 am
Gold Futures Fell During Asian Session
According to the COMEX, gold futures were traded for October at $2017.60 an ounce down 0.45%. It was previously traded at $2015.50 an ounce, lower session. Gold may find support at $1941.70 and resistance at $2036.00. The dollar index contracts, which measure the performance of the greenback versus a basket …
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5 August 2020 10:22 am
FX option expiries for Aug 5 NY cut
FX option expiries for Aug 4 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1650 1.8bn1.1725 769m1.1750 827m – USD/JPY: USD amounts 105.75 401m106.00 521m106.07 444m – USD/CAD: USD amounts 1.3330 1.4bn1.3450 738m
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5 August 2020 1:59 am
Daily Recap: Tuesday, August 4, 2020
Gold continued its historic rise, amidst increased demand for safe havens, despite the US Dollar recovering on the back of positive economic data. This data also helped crude oil prices resume gains, while stock markets showed a mixed performance around the globe. Here is a look at today’s top stories. …
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5 August 2020 1:09 am
Wall Street Closes in Green
Wall Street closed Tuesday higher with a positive investor sentiment resulting from a number of financial results and talks about a new stimulus package that is currently being discussed in Washington. The Dow Jones Industrial Average gained 164 points or 0.62% and closed at 26,828.47 points. Meanwhile, S&P 500 and …
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5 August 2020 1:03 am
Oil Finished at Highest Level in Five Months
Oil prices rose on Tuesday to its highest level in about five months, supported by positive economic data that signals the global recovery from the economic impacts of the COVID-19 crisis. The global benchmark Brent crude futures rose by 28 cents or 0.6% and settled at $44.43 per barrel, its …
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4 August 2020 10:56 pm
Gold Futures Close above $2,020 per Ounce
Gold prices surged on Tuesday, closing at a new record level due to increased demand on safe havens and a decline in US Treasury bond yields. Despite the US Dollar (USD) showing recovery signs on the back of positive economic data, the precious metal was over to continue its upward …
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