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Oil prices fell Thursday, November 5, as Democratic candidate Joe Biden approaches victory in the exciting US presidential election, but Republicans are likely to retain control of the Senate, reducing the chances of implementing any major easing package from the repercussions of the Covid-19 pandemic. By 07:56 GMT, WTI futures …
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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
November, 2020
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5 November 2020 3:34 pm
US election: Trump Leads in Georgia With 96% of Votes Tallied, 49.6% vs. 49.2%
US President Donald Trump has 49.6% and former Vice President Joe Biden has 49.2% in the battleground state of Georgia with 96% of votes tallied so far, Reuters reported, citing the latest data from Edison Research.
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5 November 2020 3:32 pm
European stocks reach a two-Peak on Tech And Business Results
European stocks reached a two-week high Thursday, November 5th, buoyed by a combination of strong business results and further stimulus for the British economy and the rise of Wall Street after the outcome of the US presidential election race became unpredictable. In its fifth day of gains, the European Stoxx600 …
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5 November 2020 2:53 pm
Dollar Retreats on US Election And EUR/USD Surges
The US dollar weakened against major currencies on Thursday as uncertainty over the US presidential election persists. This morning the euro was trading at 1.1799 against the dollar. The EUR/USD recently jumped to a weekly high above 1.18 as investors are optimistic about Biden’s victory in the elections. In the …
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5 November 2020 2:42 pm
Gold Rises With Growing Caution About The Outcome of The US Election
Gold prices rose in a limited range Thursday (November 5th), as investors expressed cautious optimism about Democratic candidate Joe Biden’s victory over his rival, President Donald Trump, in the close-range US presidential elections. Analysts expect Biden to likely take greater stimulus measures than his rival, the Republican president, although the …
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5 November 2020 1:54 pm
EIA: Crude Inventories Fell Significantly in Past Week
The US Energy Information Administration said on Wednesday that crude oil inventories in the United States fell significantly in the past week, while gasoline inventories rose and distillate stocks decreased. Crude stocks fell by 8 million barrels in the week to October 30, compared to analysts’ expectations in a Reuters …
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5 November 2020 1:28 pm
BOE Minutes: The Level of Activity in The First Quarter is Expected to Remain Materially Lower Than in 2019 Q4.
Following the BOE’s policy announcement, the central bank released the minutes of the meeting, with the key highlights found below (via Reuters). “Market participants attach some weight to the possibility of a negative bank rate.The market path for interest rates averages zero over the forecast period.Market-implied path for bank rate …
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5 November 2020 12:40 pm
EIA: Weekly Crude Exports Fell to The Lowest Level Since January
According to data from the US Energy Information Administration, weekly US crude oil exports fell by 1.2 million barrels per day to about 2.3 million barrels per day last week, the largest drop since January, as Hurricane Zita disrupted flows. Meanwhile, distillate stocks in the Gulf of Mexico in the …
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5 November 2020 11:43 am
US Dollar Falling to Lowest Level in More Than Two Years Against Chinese Yuan
The dollar fell to its lowest level in more than two years against the yuan and fell against other Asian currencies, with the Joe Biden approaching the White House in an exciting US presidential election. The pound weakened against the dollar and the euro after media reports that the Bank …
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5 November 2020 10:57 am
US Election: Trump Leads in Pennsylvania and Georgia With 89% and 95% Votes Tallied
US President Donald Trump maintains his lead over rival former Vice President Joe Biden in Pennsylvania as well as Georgia, with 89% and 95% of the respective votes counted so far, according to Edison Research. Trump has 50.7% while Biden has 48.1% of votes in Pennsylvania while in Georgia, the …
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5 November 2020 12:05 am
BOE Leaves Rates Unchanged, Expands QE by £150 Billion
The Bank of England’s (BOE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.10% at its November policy meeting, as the second nationwide lockdown kicks-in this Thursday. The BOE expanded the Quantitative Easing (QE) program by £150 billion to £895 billion. Sees UK GDP -11% …
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4 November 2020 10:23 pm
Oil Settles Higher on Stockpiles Draw
Oil prices rose on Wednesday, after data showed a decline in US crude oil inventories. Data by the US Energy Information Administration (EIA) showed on Wednesday that crude oil inventories in the United States declined by 8 million barrels for the week ended October 30. Brent futures for January delivery …
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4 November 2020 10:22 pm
Gold Settles on Lower Note
Gold prices declined on Wednesday, as markets anticipate the outcomes of the US presidential elections. Gold futures for December delivery closed lower by $2.30, or 0.1%, at $1,908.10 per ounce. Silver futures for December delivery finished lower by 14.4 cents, or 0.6%, at $24.19 per ounce.
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