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“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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23 July, 2025 12:12 pm
European Stocks Rally as Hopes for EU-U.S. Trade Deal Rise
European shares climbed on Wednesday, buoyed by renewed optimism for a potential trade deal between …
23 July, 2025 11:35 am
Gold Prices Dip as U.S.-Japan Trade Deal Eases Risk Concerns, But Market Uncertainty Persists
Gold prices experienced a slight pullback on Wednesday, retreating marginally from the strong gains …
23 July, 2025 2:13 am
Wall Street and Europe Show Varied Earnings Results on July 22, 2025
On July 22, 2025, global financial markets faced a challenging earnings landscape shaped by corporat…
23 July, 2025 12:49 am
Copper Blazes to Record Highs: Tariffs Fuel Market Frenzy
Copper prices ignited global markets, soaring to a new all-time high as traders braced for a looming…
23 July, 2025 12:00 am
US Markets Blaze Through Volatility: Stocks Mixed as Tariffs Hit General Motors Hard
U.S. stock markets delivered a dynamite performance, navigating a whirlwind of corporate earnings an…
22 July, 2025 11:17 pm
Market Drivers-US Session: Trade Tensions and Fed Autonomy Steer Markets
The US Dollar weakened further on Tuesday, July 22, 2025, dropping to two-week lows around 97.30 as …
22 July, 2025 10:20 pm
Canada’s Carney Balances Trump Talks and Global Allies
Canadian Prime Minister Mark Carney dropped a dynamite update on Canada’s trade strategy, navigating…
22 July, 2025 9:14 pm
Trump Targets Powell: Fed Chair’s Exit Looms in 8 Months
US President Donald Trump has escalated his criticism of Federal Reserve Chair Jerome Powell, predic…
22 July, 2025 8:19 pm
Trump Targets Fed’s Powell Over Housing Woes, Cites High Interest Rates
On Tuesday, July 22, 2025, US President Donald Trump intensified his criticism of Federal Reserve Ch…
22 July, 2025 7:14 pm
Gold Surges Past $3,400 as Trade Tensions and Fed Concerns Boost Safe-Haven Appeal
Gold (XAU/USD) is climbing on Tuesday, July 22, 2025, breaking the $3,400 mark with a near 1% gain b…
Market Analysis
July, 2020
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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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