Japanese stocks closed the Asian session with a slight decline as the Nikkei 225 recorded a decline of 0.87% to 22,587.01.The highest level reached during the trading session was 22,677.02, while the lowest were 22,538.78. Meanwhile, the broader TOPIX index registered a decline of 0.50% or 7.87 towards 1,565.15.
Read More »Landmark US-Japan Trade Pact Ignites Market Surge
On July 23, 2025, the United States and Japan announced a historic trade agreement, reshaping their …
Trade Deal Sparks Gold Price Dip Below $3,400 Amid Market Optimism
Optimism surrounding a potential US-EU trade agreement, following a recent US-Japan deal, has pushed…
Could U.S.-Japan Trade Deal Shift Eurozone Bond Yields and ECB Strategy?
The U.S.-Japan trade deal, finalized in July 2025, has reshaped global economic dynamics, impacting …
Dow Jones Rallies as Trade Deal Progress Emerges
The Dow Jones Industrial Average saw a significant surge on Wednesday, reaching its highest point in…
Daily Earnings Recap: Fiserv Shock Rocks Q2 Earnings
This report provides an overview of corporate earnings released on July 23, 2025, across the US, Asi…
Euro Holds Firm Against Swiss Franc as ECB Decision and US-EU Trade Hopes Loom
The Euro is regaining its footing against the Swiss Franc, with the EUR/CHF currency pair rebounding…
US Home Sales Drop as Prices Hit Record Highs
US home sales fell 2.7% in June to an annualized 3.9 million units, the slowest pace since September…
Despite US-Japan Trade Deal, Dollar Struggles Amid Political Tensions
The US Dollar is finding its footing after a turbulent week, as global trade dynamics and political …
Wall Street Set for Stronger Opening on U.S.-Japan Trade Deal, Earnings Reports in Focus
Wall Street is set to open on a positive note on Wednesday after President Donald Trump announced a …
Oil Prices Steady After U.S.-Japan Trade Deal Boosts Global Trade Sentiment
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Market Analysis
July, 2020
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14 July 2020 10:42 am
FX Option Expiries for July 14 NY cut
FX option expiries for July 14 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1300 2.1bn1.1320 949m1.1325 1.1bn1.1350 1.1bn1.1400 615m – GBP/USD: GBP amounts 1.2500 257m1.2640 249m – USD/JPY: USD amounts 106.50 412m106.75 605m – NZD/USD: NZD amounts 0.6480 248m
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14 July 2020 10:41 am
British GDP Less Than Expected
UK GDP in May posted less than analysts’ expectations as data released by the Office for National Statistics on Tuesday showed that British gross domestic product rose1.8% in May, compared to a contraction of 20.3% in April. Analysts had expected the UK economy to grow by 5.5% in May. The …
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14 July 2020 2:19 am
US Shale Oil Production Expected to Decline
The US Energy Information Administration (EIA) is expecting a steep decline in the production of shale oil in the United States by 56,000 barrels per day (bpd) to around 7.49 million bpd next month. This would be the lowest of US shale oil production since August 2017. The next OPEC+ …
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14 July 2020 1:16 am
Wall Street Mixed at Close
The New York Stock Exchange (NYSE) indices showed a varied performance on Monday, as the Nasdaq and S&P 500 closed lower with some of Wall Street biggest tech names registering losses. The Dow Jones Industrial Average was able to close on marginal gains, rising by by 10.50 or 0.04%, at …
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14 July 2020 12:38 am
Oil Settles Lower by 1%
Oil prices declined on Monday as the rising number of COVID-19 cases are leading to concerns regarding demand recovery. Brent crude futures settled higher by 1.2% at $42.72 per barrel, while the US benchmark crude oil, West Texas Intermediate (WTI), futures closed down by 1.1% to $40.10 per barrel. An …
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13 July 2020 11:40 pm
Gold Resumes Gains at Monday’s Close
Gold prices rose on Monday after posting two consecutive declines, during which it was able to maintain the $1,800 level. Although the yellow metal did not yet restore its highest level in nine years, where it closed last Wednesday, gold futures for August delivery increased by $12.20, or 0.7%, and …
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13 July 2020 11:29 pm
Euro Surges Across the Board
The Euro (EUR) has surged against major currencies during Monday’s trading, supported by the decline of the US Dollar (USD). A highly anticipated meeting for the European Central Bank (ECB) is set to take place on Thursday, while on Friday the European Union Leaders will discuss the COVID-19 crisis stimulus …
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13 July 2020 9:53 pm
USD Weakens Against Major Currencies
The US Dollar (USD) is showing a weak performance during the first session of the week, despite the lack of major economic data. The United States continues to hold the highest number of coronavirus disease (COVID-19) cases worldwide, with multiple record-high daily surges in recent weeks. The Dollar Index (DXY), …
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13 July 2020 9:43 pm
European Stocks Close Higher
Despite a record increase in COVID-19 cases worldwide on Monday, European stocks closed higher, supported by positive expectations regarding the development of a new vaccine for the spreading novel coronavirus. The pan-European STOXX 600 index added 1.06% or 3.88 points, as it closed at 370.71. In Paris, the CAC40 Index …
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13 July 2020 9:22 pm
New York Fed: Consumer Expectations Improving
The Federal Reserve Bank of New York June 2020 Survey of Consumer Expectations showed a continued gradual decline in pessimism about household financial conditions. Although consumers overall remain less optimistic about earnings growth, income growth, and job finding expectations compared to the pre-COVID-19 environment, some indicators showed considerable improvements in …
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13 July 2020 9:11 pm
Germany Doubtful of an EU Agreement on COVID-19 Fund
German Chancellor Angela Merkel expressed doubts regarding whether members of the European Union will reach an agreement on the coronavirus recovery fund or not. An EU summit will discuss on July 17-18 the planned EUR 750 billion ($840 billion) economic stimulus package. The meeting will also discuss the next seven-year …
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13 July 2020 8:56 pm
New York Fed Plans Libor Rate Phaseout by end of 2021
The President of the New York Federal Reserve Bank, John Williams, reiterated plans to phase out the use of Libor rate by the end of 2021, Reuters reported. “It doesn’t matter whether you are a large global bank or a local company with a handful of employees, you need to …
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