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Gold prices settled on Wednesday, December 30, as Britain approved an anti-Covid-19 vaccine, invented by the University of Oxford in cooperation with AstraZeneca, which boosted risk appetite, while the dollar’s decline limited precious metal losses during weak holiday transactions. There was little change in spot gold trading, at $ 1878.52 …
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18 March, 2026 12:51 am
Strong Recovery Restores Confidence in Bitcoin and Ignites Investor Appetite
Bitcoin has surged to a month-and-a-half high, sparking renewed optimism across the crypto world. Th…
17 March, 2026 11:50 pm
Markets Await Fed Decision Amid Rising Economic Uncertainty
Global financial markets are entering a tense waiting period as the Federal Reserve begins its two-d…
17 March, 2026 10:44 pm
Gold Pauses at the $5,000 Threshold as Oil Shock Shifts Market Attention
Gold prices hovered near the psychological $5,000 per ounce mark on Tuesday, struggling to extend th…
17 March, 2026 9:58 pm
Dollar Under Pressure as Global Tensions Rise, Markets Await Key Rate Decisions
The US dollar lost momentum for a second consecutive day as investors grew increasingly cautious ahe…
17 March, 2026 8:53 pm
Explainer: Defense Giants, Oil Titans, and Metal Kings Surge as the Iran Conflict Reshapes the Market
When the conflict with Iran erupted on February 28, 2026, the shockwaves were felt far beyond the Mi…
17 March, 2026 7:50 pm
Wall Street Opens Strong: Stocks Rally Amid Falling Bond Yields and Rising Oil Prices
U.S. stocks climbed on Tuesday, driven by signs of a slowing labor market and easing bond yields. Th…
17 March, 2026 6:43 pm
Pound Gains as Investors Watch Looming Fed and BoE Decisions
The British Pound rose on Tuesday, trading near 1.3350, as investors prepared for important central …
17 March, 2026 5:48 pm
Euro Climbs as Swiss Franc Pullback, Safe-Haven Bounce Fades, Traders Eye Central Bank Moves
The Euro gained ground against the Swiss Franc on Tuesday, with EUR/CHF edging higher to around 0.90…
17 March, 2026 4:43 pm
U.S. Futures Slip as Oil Surge and Hormuz Tensions Keep Markets on Edge
U.S. stock futures edged lower on Tuesday, pausing after a strong rally in the previous session, as …
17 March, 2026 2:27 pm
Dollar Edges Higher as Oil Surge and Hormuz Tensions Fuel Inflation Concerns
The U.S. dollar strengthened modestly on Tuesday, supported by elevated oil prices and ongoing geopo…
Market Analysis
December, 2020
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30 December 2020 3:25 pm
Oxford/AstraZeneca Covid Vaccine Approved For Use in The UK
According to the latest headlines floating on the wires, the UK confirmed that regulators have approved the use of the AstraZeneca/Oxford coronavirus vaccine. The UK health department announced that the government has accepted the recommendation by the MHRA to authorise the vaccine for use in the UK.
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30 December 2020 3:24 pm
German Health Minister: no Return to Normal Life at The Moment
German Health Minister Jens Spahn said that the continuing high number of COVID-19 cases is not allowing a return to normal life at the present time. And Span continued, in the wake of Britain’s approval today of a new vaccine to prevent coronavirus developed by Oxford University and AstraZeneca, that …
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30 December 2020 2:26 pm
Dollar Declining on Hopes of New Stimulus
The dollar fell to its lowest level in several years against many currencies on Wednesday, December 30th, as dealers bypassed a new delay in approving monetary stimulus in the United States and continued betting on the possibility of additional financial aid. The dollar hit its lowest level in more than …
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30 December 2020 1:38 pm
Oil Rising on Hopes of Recovery in Demand And a Decrease in US Inventories
Oil rose on Wednesday, December 30, as prices received a boost from a fiscal stimulus package to mitigate the repercussions of the Coronavirus in the United States and lower crude oil inventories. Brent crude futures rose 35 cents, or 0.7%, to $ 51.44 a barrel by 08:03 GMT, and US …
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30 December 2020 12:49 pm
Bitcoin Reaches a New Record Level And Rises During 2020 by About 300%
Bitcoin hit a record $ 28,599.99 on Wednesday, December 30, bringing its gains this year to more than 295%. And the most popular cryptocurrency in the world rose in recent transactions 3.5% to $ 28,349. Since it broke the $ 20,000 level for the first time on Dec. 16, it …
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30 December 2020 12:23 pm
Nikkei Index Retreats From Its 30-year High But Ends The Year With 16% Gains
The Japanese Nikkei Index closed lower on the last trading day of this year, retreating from its highest level in more than thirty years, which it reached in the previous session as investors took profits, but recorded gains for the second year in a row. The index fell 0.45% to …
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30 December 2020 11:14 am
API: Oil inventories record a greater than expected drop last week
Data from the American Petroleum Institute showed, Tuesday, that crude oil inventories in the United States fell more than expected last week, while gasoline and distillate stocks recorded a decrease, contrary to expectations. The data indicated that crude inventories fell by 4.8 million barrels in the week ending on the …
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30 December 2020 11:12 am
Gold rallied as US Dollar Fell Despite Postponing a Vote on an American Stimulus Package
Gold prices rose on Wednesday, December 30, as the dollar fell, while investors ignored the Republican majority leader’s decision to postpone a vote in the US Senate on larger payments to mitigate the repercussions of the Coronavirus pandemic. Spot gold rose 0.2% to 1,881.62 dollars an ounce. And gold in …
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30 December 2020 10:20 am
Oil Prices rising, supported by hopes that a US stimulus package will stimulate demand for fuel
Oil prices rose on Tuesday, supported by hopes that the United States will increase payments in an aid package linked to the pandemic, a move that could stimulate demand for fuel and stimulate economic growth. Brent crude futures, the world benchmark, ended the trading session up 23 cents, or 0.5 …
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30 December 2020 12:09 am
Senate to Discuss Expanding Stimulus this Week
The United States Senate is set to discuss later this week the proposal made by President Donald Trump, as well as many Democrats, to an increase the stimulus payments from $600 to $2,000 per household, according to Senate Majority Leader Mitch McConnell, Reuters reported. This comes after the Senate’s Republican …
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29 December 2020 11:58 pm
US Fed Extends Main St. Lending Program
The United States Federal Reserve announced on Tuesday that it had extended the end date for the Main Street Lending Program by eight days, Reuters reported. The move comes to help process an increased number of last-minute applications. It is worth noting that the United States Secretary of Treasury, Steven …
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29 December 2020 11:47 pm
Gold Ends Tuesday on Slim Gains
Gold prices rose on Tuesday, supported by the decline of the US Dollar (USD) and a soft performance by the stock markets after opening Monday at record highs on the back of optimism following the approval of a new stimulus package in the United States. Gold futures for February delivery …
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