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The world’s efforts for discovering a cure are going at full capacity, with Gilead’s remdeisivr being a potential cure. In the US, the number of cases reached 40,000 again, and epidemiologist Anthony Fauci warned that the US could see 100,000 cases per day. While testifying on Capitol Hill, he told …
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13 May, 2025 12:54 am
US Dollar Surges as US-China Trade Optimism Fuels Market Rally
The US Dollar kicked off the trading week with a robust rally on May 13, 2025, climbing close to a f…
12 May, 2025 11:28 pm
Fed Official Flags Trade Uncertainty as a Drag on US Economy
The President of the Federal Reserve Bank of Chicago, Austan Goolsbee, expressed a cautious outlook …
12 May, 2025 10:38 pm
Bitcoin Slumps Post US-China Trade Deal as Stocks Steal the Spotlight
Bitcoin experienced a notable downturn on May 12, 2025, slipping from a three-month peak of $105,720…
12 May, 2025 9:56 pm
Gold retreats 3% amid optimism after US – China trade agreement
Gold prices took a sharp hit at the start of the trading week on May 12, 2025, dropping to $3,207.82…
12 May, 2025 8:44 pm
Dow Jones Soars 1000 Points on US-China Tariff Cut Breakthrough
Wall Street kicked off the week with a dramatic surge, as the Dow Jones Industrial Average climbed a…
12 May, 2025 7:52 pm
Brent Crude Soars Above $65 Amid US – China Trade Agreement
Brent Crude soared above $65 per barrel on May 12, 2025, climbing 2.37% to $65.40, fueled by a US-Ch…
12 May, 2025 6:59 pm
EUR/USD Tumbles to 1.1100 as Dollar Soars on US-China Trade Breakthrough
The EUR/USD pair plummeted past 1.1100 on May 12, 2025, as the US Dollar surged following a landmark…
12 May, 2025 1:10 pm
U.S. and China Agree to 90-Day Tariff Truce, Markets Rally on De-escalation Hopes
In a significant step toward easing trade tensions, the United States and China announced on Monday …
12 May, 2025 11:28 am
European Stocks Surge on U.S.-China Trade Optimism; UniCredit Hits Record Profit
European equity markets rallied on Monday, driven by renewed optimism over the state of global trade…
12 May, 2025 10:23 am
Dollar Gains as U.S.-China Trade Talks Ease Market Jitters; Focus Shifts to U.S. Inflation, Retail Data
The U.S. dollar strengthened on Monday against traditional safe-haven currencies as weekend trade di…
Market Analysis
July, 2020
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1 July 2020 2:39 pm
IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020
“Germany’s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year’s level at the end of 2021,” economic institute IFO said on Wednesday, according to Reuters. IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to …
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1 July 2020 2:13 pm
Eurozone PMI Manufacturing Finalized at 47.4
Eurozone PMI Manufacturing was finalized at 47.4 in June, up from 39.4 in May a report by IHS Markit said. The index was in contraction below 50 for 17 consecutive months. and had fallen to 33.4 in April. The report stated: “Eurozone manufacturing sector continues to contract sharply,” “There was …
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1 July 2020 1:54 pm
UK Manufacturing Activity Picked Up in June
After the Great collapse due to COVID 19 pandemic, the UK manufacturing sector returned to recovery after it began to stabilize last June. IHS Markit’s Purchasing Managers Index (PMI) posted 50.1 compared to 40.7 in May, in line with economists’ expectations. PMIs are given on a scale of 0 to …
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1 July 2020 1:13 pm
Dubai’s Economy Shrank by 3.5% in Q1 Amid Coronavirus Pandemic
The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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