According to the Minutes from the two-day session held on July 30-31, the vast majority of participants indicated it would likely be appropriate to ease policy at the next meeting if the data continued to align with expectations.Jerome Powell admits officials discussed a rate cut at July meeting The Fed …
Read More »These Assets Could Be Most Impacted If Trump Decides To Fire Fed Chair
This report examines whether a Federal Reserve Chair has ever been fired by a U.S. president, analyz…
US Dollar Plummets to Three-Year Low Amid Fed Independence Fears
The US Dollar Index (DXY) is reeling near 98.50, marking a three-year low after a sharp decline on M…
Bitcoin Rallies 2% to $86,955: Whale Accumulation and Predictions Signal Volatility Ahead
Bitcoin is riding a wave of bullish momentum, trading at $86,955 with a 2% gain as of April 21, 2025…
Tech and Media Stocks Tumble Amid Tariff Fears and Economic Uncertainty
Wall Street kicked off the week with sharp declines, as tariff uncertainties and economic concerns r…
USD/CAD Price Analysis: Political Pressures Weigh on US Dollar
The USD/CAD currency pair is experiencing downward pressure, hovering around the 1.3800 level as the…
Oil Prices Slide As US-Iran Talks Progress, Demand Fears Accelerate
Oil prices tumbled nearly 3% on April 21, 2025, as signs of progress in US-Iran nuclear talks and mo…
Gold Soars to Record High Near $3,425 Amid Trump-Powell Feud, Trade Tensions
Gold prices skyrocketed to a record high near $3,425 during North American trading hours on Monday, …
U.S. Stock Futures Slide as Trump-Powell Rift Undermines Market Confidence
U.S. stock index futures fell sharply on Monday as investors reacted to mounting tensions between Pr…
Dollar Plunges to Multi-Year Lows as Trump’s Fed Shake-Up Plan Jolts Investor Confidence
The U.S. dollar tumbled sharply on Monday, hitting multi-year lows against key global currencies, as…
Oil Prices Slip Nearly 2% as U.S.-Iran Nuclear Talks and Russia-Ukraine Ceasefire Ease Supply Concerns
Oil prices fell sharply in early Asian trading on Monday, as progress in U.S.-Iran nuclear negotiati…
Market Analysis
August, 2024
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21 August 2024 8:41 pm
Bitcoin climbs as analyst expect swinging performance until yearend
Bitcoin climbed on Tuesday to nearly $61,000, mirroring gains in other risky assets. On Wednesday it surged further to the daily high of $61,782, and eventually stabilized around $61,100, up by around 3.4%. This rise is likely due to growing expectations of a Federal Reserve rate cut in September.However, Bitcoin …
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21 August 2024 7:38 pm
What can markets expect from Jerome Powell’s Jackson Hole speech?
The Fed is prepared to reduce key interest rates next month as a result of inflation getting closer to its 2% target, while officials at the Fed are now focusing on the state of the labour market because they are growing more optimistic about their ability to control inflation amid …
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21 August 2024 11:25 am
Oil Prices Decline Amid Rising U.S. Crude Inventories and Easing Middle East Tensions
Oil prices edged lower on Wednesday, influenced by growing U.S. crude inventories and indications that tensions in the Middle East may be easing after a diplomatic tour of the region by key mediators. Brent crude futures dipped by 11 cents, or 0.1%, to $77.09 a barrel by 0630 GMT, while …
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21 August 2024 10:25 am
Dollar Hits Yearly Low Against Euro Amid Anticipation of U.S. Payrolls Revisions and Powell’s Speech
The U.S. dollar slipped to its lowest level this year against the euro on Wednesday, as traders awaited crucial revisions to U.S. payrolls data later in the day and looked ahead to a significant speech by Federal Reserve Chair Jerome Powell at the end of the week. The dollar also …
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21 August 2024 9:38 am
Gold Prices Steady After Record Highs as Rate Cut Bets Fuel Demand
Gold prices stabilized in Asian trading on Wednesday, following a series of record highs earlier in the week. The yellow metal has been buoyed by increasing expectations of lower U.S. interest rates, which have weakened the dollar and driven more investment into gold. As of 00:51 ET (04:51 GMT), spot …
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21 August 2024 3:50 am
Market Drivers; US Session, August 20
The USD Index extended its decline and traded just pips away from the so-far yearly lows near 101.30. The weekly MBA Mortgage Applications are due on August 21 ahead of the publication of the FOMC Minutes and the weekly report on US crude oil inventories by the EIA. Sellers continued …
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21 August 2024 1:15 am
US Dollar Under Pressure on Easing Market Bets
The US Dollar, as measured by the DXY Index, has experienced a sharp decline, reaching its lowest point in seven months. This downturn is directly correlated with a parallel decrease in Treasury yields and an intensifying market expectation of substantial interest rate reductions by the Federal Reserve.Investor attention is currently …
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20 August 2024 11:17 pm
US stocks edge lower after 8-day winning streak ahead of Powell’s Speech
Tuesday’s market lull came after the longest gain of the year, with traders hoping Jerome Powell would indicate that the Federal Reserve is willing to slash interest rates further when it begins to do so. After eight straight days of daily gains for the benchmark index, the S&P 500 saw …
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20 August 2024 10:15 pm
Market Eyes FOMC Minutes for Rate Cut Clues
The U.S. dollar continued its downward trajectory on August 21, 2024, as investors anticipated a dovish message from Federal Reserve Chair Jerome Powell at the upcoming Jackson Hole symposium. This expectation, coupled with a generally improved risk sentiment, drove the dollar index (DXY) to near its 2024 lows. Several key …
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20 August 2024 8:40 pm
Gold’s Rally Continues Ahead of FOMC Minutes
Gold prices have been on a remarkable rally, recently reaching fresh all-time and historical highs. A confluence of technical indicators and fundamental factors suggests that this bullish trend may persist. Technical Analysis: A Strong FoundationThe recent price action has been characterized by a series of higher highs and higher lows, …
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20 August 2024 7:23 pm
GBP/USD Surges Towards July Highs Amid Bullish Momentum
GBP/USD’s bullish run shows no signs of abating. The pair continued its upward trajectory on Tuesday, gaining 0.32% to reach 1.3030, inching closer to mid-July highs. This sustained upward momentum is evident in the recent trading sessions. The next hurdle for GBP/USD lies at 1.3100. If the pair can break …
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20 August 2024 6:47 pm
Analyzing Goldman Sachs’ Revised US Recession Outlook
Goldman Sachs, a leading investment bank, has recently revised its forecast for a U.S. recession, decreasing the probability to 20%. This adjustment follows a brief uptick in the likelihood after a weaker-than-expected July jobs report. However, subsequent economic indicators, including retail sales and jobless claims, have mitigated concerns about an …
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