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The world’s efforts for discovering a cure are going at full capacity, with Gilead’s remdeisivr being a potential cure. In the US, the number of cases reached 40,000 again, and epidemiologist Anthony Fauci warned that the US could see 100,000 cases per day. While testifying on Capitol Hill, he told …
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12 August, 2025 10:30 pm
AUD Bounces Back as Greenback Falters Amid RBA Rate Cut and US Inflation Data
The Australian Dollar (AUD) staged a notable recovery against the US Dollar (USD) on Tuesday, climbi…
12 August, 2025 9:21 pm
Eurozone Woes Weigh on Euro as ZEW Sentiment Crumbles
The euro faced mounting pressure as the Eurozone’s economic outlook darkened, with the ZEW Eco…
12 August, 2025 8:51 pm
EUR/GBP Stalls as UK Jobs Resilient, EU Outlook Dims
The EUR/GBP currency pair held steady at approximately 0.8644, reflecting a cautious market response…
12 August, 2025 8:10 pm
Oil Prices Slump Amid Supply Surge: Decoding the Market Turmoil on August 12, 2025
As the summer of 2025 draws to a close, oil markets are grappling with persistent downward momentum,…
12 August, 2025 7:48 pm
Rereading CPI Significance: US Price Surge Ripples Across Asset Categories
In July 2025, US inflation accelerated, with the core Consumer Price Index (CPI), excluding volatile…
12 August, 2025 4:43 pm
U.S. Consumer Price Growth Slows in July, Strengthening Case for Fed Rate Cut
U.S. consumer price growth was slower than expected in July, potentially strengthening the case for …
12 August, 2025 3:06 pm
Bitcoin Falls as Risk Appetite Dips Ahead of U.S. Inflation Data
Bitcoin experienced a sharp decline on Tuesday, reversing much of its weekend gains as risk appetite…
12 August, 2025 2:01 pm
Oil Prices Hold Steady as U.S.-China Tariff Truce and Fed Rate Cut Hopes Support Market
Oil prices remained relatively stable on Tuesday, supported by the extension of the U.S.-China tarif…
12 August, 2025 12:23 pm
European Stocks Rise as U.S.-China Tariff Truce Boosts Investor Sentiment
European stocks saw modest gains on Tuesday, bolstered by news of the U.S.-China tariff truce extens…
12 August, 2025 10:48 am
U.K. Unemployment Rate Holds Steady as Pay Growth Remains Elevated
The U.K. unemployment rate remained unchanged in June, holding at 4.7%, according to data released b…
Market Analysis
July, 2020
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1 July 2020 2:39 pm
IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020
“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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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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