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The Turkish lira fell against the US dollar below the 8 for the first time, with doubts surrounding the efforts of the Turkish Central Bank to support the Turkish currency with the escalation of geopolitical tensions. The Turkish lira fell 1.2% to $ 8.0088 on Monday, the largest decline compared …
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20 March, 2026 1:48 am
Major Central Banks Brace for War-Driven Inflation Shock
Major developed market central banks kept interest rates steady this week, but their tone shifted sh…
20 March, 2026 12:10 am
Gold Extends Sharp Sell-Off, Slides Toward $4,600 as Market Momentum Turns Bearish
Gold prices remained under heavy pressure, extending their sharp decline as the metal hovered near $…
19 March, 2026 11:19 pm
Stocks Slide Despite Late Rebound Amid Rate Fears, Strong Data, as Geopolitical Tensions Weigh on Sentiment
U.S. stocks attempted a late-session recovery on Thursday, climbing well off their worst levels of t…
19 March, 2026 9:14 pm
Oil Retreats from $100 Peak as Sanctions Ease but Geopolitical Risks Loom
Oil prices slipped back after briefly crossing the symbolic $100 mark, as markets weighed improved s…
19 March, 2026 8:02 pm
Terafab Gamble: Why Tesla May Be Headed for Its First Capital Raise in Years
Tesla is stepping into one of the most ambitious chapters in its history, but the price tag attached…
19 March, 2026 6:52 pm
Pound Gains Lose Momentum Despite Hawkish BoE
The British Pound showed only limited strength against the US Dollar, even after the Bank of England…
19 March, 2026 5:46 pm
Lagarde Holds the Line as ECB Keeps Rates Steady Amid Global Uncertainty
European Central Bank President Christine Lagarde reaffirmed the institution’s cautious stance on Th…
19 March, 2026 3:43 pm
U.S. Futures Slip as Oil Surge and Middle East Escalation Rattle Markets
U.S. stock futures edged lower on Thursday, as a sharp spike in oil prices and escalating geopolitic…
19 March, 2026 2:18 pm
Oil Surges on Middle East Escalation as Supply Fears Intensify
Oil prices jumped sharply on Thursday, with West Texas Intermediate (WTI) briefly crossing the $100 …
19 March, 2026 1:06 pm
UK Labour Market Stabilises as Energy Risks Cloud Outlook
The UK labour market showed signs of stabilization in February, with steady unemployment and stronge…
Market Analysis
October, 2020
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26 October 2020 2:12 pm
German IFO Business Climate Index Misses Estimates
The headline German IFO Business Climate Index came in at 92.7 in October, weaker than last month’s 93.2 while missing the consensus estimates pointing to a reading of 93.0. On the other hand, the IFO Expectations Index – indicating firms’ projections for the next six months, came in at 95.0 for …
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26 October 2020 1:40 pm
Italy Records More Than 21,000 New Cases of Coronavirus, Largest Daily Jump
Data released by the Ministry of Health in Italy on Sunday, October 25, showed a new record in the number of new cases of Coronavirus in one day, as it detected 21,273 cases and 128 deaths, while the government tightened restrictions further in an attempt to contain the expanding outbreak. …
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26 October 2020 12:23 pm
Gold Dropping on USD Strength And Doubts About US Stimulus
Gold fell below the psychologically critical $ 1900 level on Monday to record the lowest price in more than a week, on US Dollar strenth and the lack of progress in talks on a new US stimulus package. Gold spot fell 0.2%to $ 1897.35 an ounce by 0711 GMT, after …
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26 October 2020 11:34 am
China: Will Impose Sanctions on US Entities Participating in Arms Sales to Taiwan
China’s Foreign Ministry announced on Monday, it will impose sanctions on the US entities involved in the arms sales to Taiwan. Lockheed Martin, Boeing and Raytheon will be sanctioned, the Ministry said. Developing Story…
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26 October 2020 11:31 am
AUD/USD Flirts With Session Lows
The Australian dollar fell against the US dollar during the Asian session and was hovering near the lower end of the daily trading range, just above the 0.7100 mark. The pair saw some fresh sell-offs during the first day of the week and gave up the positive movement of the …
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26 October 2020 11:18 am
PBOC Sets Yuan Reference Rate at 6.6725
The People’s Bank of China (PBOC) has set the yuan reference rate at 6.6725 versus Friday’s fix at 6.6703.
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26 October 2020 11:17 am
Japan Considers Compiling $95.5 Billion Extra Budget to Counter Coronavirus
The Japanese government is said to compile an extra budget worth around $95.5 billion to counter the economic damage induced by the coronavirus pandemic, a local newspaper, Mainichi, reported over the weekend. The government is likely to debate using the 10 trillion yen ($95.52 billion) budget to extend a labour …
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26 October 2020 11:15 am
US Allows AstraZeneca to Resume Trials of Coronavirus Vaccine
AstraZeneca said it has resumed trials in the United States of an experimental on Covid-19 vaccine after US regulatory approval. On September 6, AstraZeneca suspended trials of its potential experimental coronavirus vaccine in the United States after a report that a participant in Britain’s trials had contracted a serious neurological …
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26 October 2020 11:12 am
The Nikkei is up 0.02% in Early Trading in Tokyo
The Nikkei benchmark rose in early trading on the Tokyo Stock Exchange on Monday, October 26th. The Nikkei rose 0.02% to 23,520.78 points, while the broader Topix index fell 0.13% to 1623.13 points.
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24 October 2020 12:46 am
Wall Street Logs First Loss in Four Weeks
The New York Stock Exchange (NYSE) showed a mixed performance on Friday, and its main indices finished the week in losses after posting three consecutive weekly rises. The Dow Jones Industrial Average declined by 28 points, or 0.1%, and closed at 28,335.57. The S&P 500 added 12 points, or 0.3%, …
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24 October 2020 12:33 am
Oil Prices Record Weekly Losses
Oil prices declined on Friday, on expectations of increased crude output from Libya and uncertainty about the impact from the second wave of the Coronavirus pandemic. Brent crude futures for December delivery closed lower by 69 cents, or 1.6%, at $41.77 per barrel. Meanwhile, the US West Texas Intermediate (WTI) …
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24 October 2020 12:28 am
Gold Rises Marginally but Records another Weekly Decline
Gold prices rose on Friday as the US Dollar (USD) declined across the board, however, the yellow metal recorded its second consecutive weekly losses. Gold futures for December delivery added 60 cents, or 0.03%, and settled at $1,905.20 per ounce. The precious metal most active futures recorded a weekly decline …
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