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Oil fell more than 2% on Monday, extending last week’s losses in light of the growing cases of Covid-19 disease in the United States and Europe, which raises concerns about the demand for crude, especially in light of the chances of increases in supply. Brent crude was down $ 1.25, …
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11 November, 2025 10:09 pm
Pound Struggles for Direction as Rising UK Unemployment Fuels Rate Cut Speculation
The British pound held steady on Tuesday after UK labor market data revealed a rise in unemployment,…
11 November, 2025 9:28 pm
Yen Holds Steady as Weak U.S. Jobs Data Fuels Fed Cut Bets
The Japanese yen remained steady against the U.S. dollar on Tuesday, with the USD/JPY pair hovering …
11 November, 2025 7:39 pm
Gold Retreats After Rally: Market Caution Tempers Momentum
Gold prices edged lower after reaching a three-week high near $4,150 per ounce, as profit-taking and…
11 November, 2025 3:13 pm
Markets exhale as shutdown end nears; investors brace for a data deluge and rate-path clarity
U.S. assets found firmer footing Monday as signs of progress in Washington eased fears of deeper eco…
11 November, 2025 2:08 pm
Dollar firms vs yen, slips vs Aussie as markets eye post-shutdown data; sterling softens on UK jobs
The U.S. dollar posted a mixed performance in Asia on Tuesday, rising against the safe-haven yen but…
11 November, 2025 12:18 pm
UK unemployment ticks up as pay growth cools, bolstering case for a December BoE cut
The UK labour market lost further momentum into autumn, with unemployment rising and wage pressures …
11 November, 2025 10:46 am
Asia stocks mixed as tech rebound lifts Japan and Korea; China lags on growth worries
Asian equities delivered a split performance on Tuesday, with Japan and South Korea extending gains …
11 November, 2025 1:28 am
Markets Await Key Job Reports as Hopes Rise for End to U.S. Government Shutdown
The U.S. dollar started the week without a clear direction as investors grew more optimistic about a…
11 November, 2025 12:37 am
U.S. Shutdown Deal Nears Finish Line, But Health Care Fight Still Looms
Congress appears to be nearing the end of the longest government shutdown in American history, as Se…
10 November, 2025 11:46 pm
Dow Jones Eyes Recovery as Government Shutdown Hopes Lift Markets
The Dow Jones Industrial Average started the week holding steady near the 47,000 mark, as investors …
Market Analysis
October, 2020
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26 October 2020 5:02 pm
Japanese Stocks Closed Lower on Caution Over Corporate Results
Japanese stocks fell on Monday, as investors exercised caution ahead of a series of reports of company results, while sentiment was negatively affected by the growing cases of Coronavirus around the world. The benchmark Nikkei index fell 0.09% to 23,494.34 points, while the broader TOPIX index fell 0.39% to 1618.98 …
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26 October 2020 4:04 pm
Dollar Rising Against Riskier Currencies as Hopes For US Stimulus Fade
The dollar rose on Monday, as Traders proceeded to be cautious due to the increasing cases of Coronavirus in Europe and the United States, as well as the lack of progress in the US economic stimulus package. US House of Representatives Speaker Nancy Pelosi said on Sunday that she expected …
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26 October 2020 3:03 pm
Turkish Lira in All-Time Low
The Turkish lira fell against the US dollar below the 8 for the first time, with doubts surrounding the efforts of the Turkish Central Bank to support the Turkish currency with the escalation of geopolitical tensions. The Turkish lira fell 1.2% to $ 8.0088 on Monday, the largest decline compared …
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26 October 2020 2:12 pm
German IFO Business Climate Index Misses Estimates
The headline German IFO Business Climate Index came in at 92.7 in October, weaker than last month’s 93.2 while missing the consensus estimates pointing to a reading of 93.0. On the other hand, the IFO Expectations Index – indicating firms’ projections for the next six months, came in at 95.0 for …
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26 October 2020 1:40 pm
Italy Records More Than 21,000 New Cases of Coronavirus, Largest Daily Jump
Data released by the Ministry of Health in Italy on Sunday, October 25, showed a new record in the number of new cases of Coronavirus in one day, as it detected 21,273 cases and 128 deaths, while the government tightened restrictions further in an attempt to contain the expanding outbreak. …
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26 October 2020 12:23 pm
Gold Dropping on USD Strength And Doubts About US Stimulus
Gold fell below the psychologically critical $ 1900 level on Monday to record the lowest price in more than a week, on US Dollar strenth and the lack of progress in talks on a new US stimulus package. Gold spot fell 0.2%to $ 1897.35 an ounce by 0711 GMT, after …
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26 October 2020 11:34 am
China: Will Impose Sanctions on US Entities Participating in Arms Sales to Taiwan
China’s Foreign Ministry announced on Monday, it will impose sanctions on the US entities involved in the arms sales to Taiwan. Lockheed Martin, Boeing and Raytheon will be sanctioned, the Ministry said. Developing Story…
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26 October 2020 11:31 am
AUD/USD Flirts With Session Lows
The Australian dollar fell against the US dollar during the Asian session and was hovering near the lower end of the daily trading range, just above the 0.7100 mark. The pair saw some fresh sell-offs during the first day of the week and gave up the positive movement of the …
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26 October 2020 11:18 am
PBOC Sets Yuan Reference Rate at 6.6725
The People’s Bank of China (PBOC) has set the yuan reference rate at 6.6725 versus Friday’s fix at 6.6703.
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26 October 2020 11:17 am
Japan Considers Compiling $95.5 Billion Extra Budget to Counter Coronavirus
The Japanese government is said to compile an extra budget worth around $95.5 billion to counter the economic damage induced by the coronavirus pandemic, a local newspaper, Mainichi, reported over the weekend. The government is likely to debate using the 10 trillion yen ($95.52 billion) budget to extend a labour …
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26 October 2020 11:15 am
US Allows AstraZeneca to Resume Trials of Coronavirus Vaccine
AstraZeneca said it has resumed trials in the United States of an experimental on Covid-19 vaccine after US regulatory approval. On September 6, AstraZeneca suspended trials of its potential experimental coronavirus vaccine in the United States after a report that a participant in Britain’s trials had contracted a serious neurological …
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26 October 2020 11:12 am
The Nikkei is up 0.02% in Early Trading in Tokyo
The Nikkei benchmark rose in early trading on the Tokyo Stock Exchange on Monday, October 26th. The Nikkei rose 0.02% to 23,520.78 points, while the broader Topix index fell 0.13% to 1623.13 points.
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