The US Dollar (USD) is fluctuating during Thursday’s trading session, showing a mixed performance against major currencies. The Dollar Index (DXY), which measures the USD performance against a basket of six international currencies, is marginally down by 0.03% at 93.60. Yesterday, the index closed at 93.63, but today it has …
Read More »Beyond Washington: Are Global Policymakers Now Driving Trading Portfolios?
The new trading week has opened with global markets locked in a state of unsettling indecision, char…
U.S. Stocks Surge as Earnings Optimism, Easing Bank Worries Fuel Risk Appetite
U.S. stocks closed sharply higher on Monday, October 20, 2025, driven by a broad-based rally fueled …
Gold’s Ascent: A $4,300+ Bet Against the Dollar and Global Stability?
Gold is on a meteoric rise, currently trading at a record high of $4,366.415 per ounce (XAU/USD), dr…
As Global Growth Stumbles, IMF: Time to Ditch the Policy Playbook That’s Failing Us
The latest World Economic Outlook paints a grim picture of a global economy in flux, with growth pro…
Will the Euro Crack Under Trade Hopes and Structural Woes?
Trade tensions between the US and China have long cast a shadow over global markets, but recent glim…
Explainer: Why Australia Considers Rare Earth Standoff As A Chance
China’s recent escalation in rare earth export controls has sent shockwaves through global mar…
Trump Tightens His Grip: Inside the President’s Plan to Reshape the Federal Reserve
US President Donald Trump, now well into his second term after returning to the White House in Janua…
Gold Edges Higher as Softer U.S.–China Tone Offsets Profit-Taking; Silver Near Records
Gold rebounded on Monday, reclaiming part of last week’s pullback as traders digested more conciliat…
U.S. Futures Edge Higher on Hopes for China Talks; Big Tech Earnings, Inflation Data in Focus
U.S. stock index futures rose Monday as signs of renewed U.S.–China dialogue buoyed risk sentiment a…
Market Analysis
October, 2020
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8 October 2020 11:01 pm
Inflation in Brazil Could Prompt Rate Hike
A rate hike in Brazil would result from inflation, not extra spending by the government, President of the Central Bank of Brazil, Roberto Campos Neto, explained. “It was interpreted in some way as if the central bank was saying it was going to raise interest rates, and it wasn’t that,” …
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8 October 2020 10:30 pm
Fed’s Evans Sees Easing Beyond 2023
The United States Federal Reserve is set to maintain monetary easing after 2023 to realize the inflation target, even when it begins raising rates, President of the Federal Reserve Bank of Chicago, Charles Evans, said. “We are not going to follow a strict numerical formula to determine the time of …
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8 October 2020 9:00 pm
Fed’s Williams Demands Clarity in Inflation Target
President of the Federal Reserve Bank of New York, John Williams, has urged the US Federal Reserve to make it is target for inflation more clear, instead of stating that it would keep interest rates near 0% until inflation moderately exceeds 2%. “Moderate isn’t a number, it’s a guard rail” …
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8 October 2020 8:19 pm
Oil Prices Resume Gains on Output Disruptions
Oil prices returned to gains due to a number of support factors, led by the output disruptions in North America and Europe. Brent crude futures are up by 2.02%, trading at $42.84 a barrel, while the US West Texas Intermediate (WTI) futures are up by 2% at $40.75 a barrel. …
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8 October 2020 8:02 pm
CAD Rises to Highest Level in Two Weeks
The Canadian Dollar (CAD) rose to its highest level against the US Dollar (USD) in more than two weeks, supported by a surge in oil prices. Recent remarks by the Bank of Canada (BoC) Governor Tiff Macklem suggested that negative interest rates remain an option. The CAD is up by …
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8 October 2020 7:55 pm
ECB Concerned About Economic Recovery
The European Central Bank is more concerned about the impact of the COVID-19 crisis on the economy than previously expected, as shown by its September policy meeting minutes released on Thursday, Reuters reported. This indicates possibly more stimulus later this year. “The case was made for keeping a ‘free hand’ …
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8 October 2020 7:04 pm
Fed’s George: Framework is Not Promise to Raise Inflation
President of the Federal Reserve Bank of Kansas City, Esther George, said on Thursday that the Fed’s new framework, which aims for inflation above 2%, shows tolerance for higher inflation, but not a commitment to increase it. “I interpret the revised consensus statement as a tolerance, and less as a …
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8 October 2020 6:10 pm
Square Buys $50 Million in Bitcoin
Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million which represents about 1% of Square’s total assets as of the end Q2 of 2020. “Square believes that cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which …
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8 October 2020 5:46 pm
US Weekly Initial Jobless Claims Decline to 840K
There were 840,000 initial claims for unemployment benefits in the US during the week ending October 3rd, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed last week’s print of 849,000 (revised from 837,000) and came in slightly worse than the market expectation …
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8 October 2020 5:09 pm
Highlights from BoC’s Governor Speech
Highlights of the speech of the BoC Governor Tiff Macklem on Thursday as follows “We came into the pandemic with a number of vulnerabilities; it seems certain we will exit pandemic with higher levels of government debt.”“Our policy path will eventually have an impact on financial system vulnerabilities; lower-interest-rate environment …
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8 October 2020 4:44 pm
OPEC Oil Outlook Report to 2045: The Pandemic Has Caused The Largest Decline in Oil Demand in History
OPEC’s report on oil outlook up to 2045 revealed that the Corona pandemic caused the largest decline in oil demand in history, and that the global economy will shrink by about 4% this year, while the report confirmed that oil will remain the largest component of the energy mix in …
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8 October 2020 4:21 pm
Strike in The Norwegian Oil Sector Will Affect 966,000 Barrels Per Day of Oil Equivalent
The Norwegian Oil and Gas Union said Thursday (October 8th) that the current shutdown in production due to the ongoing strike in the oil and gas sector will increase to 966,000 barrels of oil equivalent per day by October 14 unless a solution to the crisis is found for the …
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