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Oil prices finished Thursday lower, after rising for three consecutive days on the back of a draw in US crude inventories and output disruptions in the Gulf of Mexico due to hurricane Laura. Brent crude futures for October delivery decreased by 55 cents, or 1.2%, and closed at $45.09 per …
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15 January, 2026 7:54 pm
AI Boom Sends Chip Stocks Soaring: TSMC’s Record Quarter Sparks Market Rally
Semiconductor stocks surged Thursday as record-breaking results from a major industry player highlig…
15 January, 2026 5:43 pm
Wall Street Futures Rebound as Geopolitics Ease and Bank Earnings Take Center Stage
U.S. stock index futures edged higher on Thursday, snapping a two-session losing streak as investors…
15 January, 2026 4:50 pm
Morgan Stanley Delivers Strong Q4 Beat on Banking and Trading Strength
Morgan Stanley capped off 2025 with a robust fourth-quarter performance, beating market expectations…
15 January, 2026 3:47 pm
Bitcoin Extends Recovery as U.S. Crypto Bill Faces Delay
Bitcoin rose on Thursday, extending a recent recovery as markets digested developments around a prop…
15 January, 2026 2:09 pm
Dollar Extends Recovery as Rate Cuts Fade Further Into the Distance
The U.S. dollar edged higher on Thursday, continuing its rebound from a shaky start to the week as e…
15 January, 2026 12:33 pm
Spain Inflation Cools in December, Harmonised Rate Falls to 3.0%
Spain’s European Union-harmonised 12-month inflation rate eased to 3.0% in December, down from 3.2% …
15 January, 2026 11:36 am
U.K. Economy Returns to Growth in November, but Outlook Remains Fragile
The U.K. economy returned to growth in November after a disappointing start to the fourth quarter, a…
15 January, 2026 10:42 am
Oil Prices Ease After Surge as Traders Weigh Iran Risks Against U.S. Stockpiles
Oil prices edged lower in Asian trading on Wednesday after the previous session’s sharp rally driven…
15 January, 2026 1:10 am
Q4 – Banks Beat the Numbers, Markets Sell the Story
The U.S. earnings season accelerated in mid-January as several major banks reported fourth-quarter 2…
14 January, 2026 11:36 pm
Fed Beige Book Shows US Economy Gaining Momentum, Jobs Stable
The latest Beige Book released by the Federal Reserve highlights a gradual pickup in economic activi…
Market Analysis
August, 2020
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27 August 2020 11:18 pm
USD/CAD Recovers From Lowest Level in Seven Months
The Canadian Dollar (CAD) rose against the US Dollar (USD) on Thursday to its highest level in around seven month. The USD/CAD pair is trading lower by 0.15% at 1.31249, after trading earlier as low as 1.3101, its lowest level since mid-January. The CAD gave up some of its earlier …
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27 August 2020 11:10 pm
Gold Closes Lower Following Fed Remarks
Gold prices finished Thursday lower, after remarks by the Chairman of the United States Federal Reserve, Jerome Powell, came in line with market expectations. Gold futures for December delivery closed lower by $19.90, or 1%, at $1,932.60 per ounce. The yellow metal has diminished most of its earlier gains, after …
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27 August 2020 10:12 pm
Kaplan: Inflation Could Reach 2.25% or 2.5%
The President of the Federal Reserve Bank of Dallas, Robert Kaplan, said on Thursday that a moderate inflation overshoot means reaching a rate of 2.25-2.5%. Kaplan called for focusing on the future instead of the past, and noted that the Fed is expecting a hotter labor market. In addition, Kaplan …
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27 August 2020 10:01 pm
European Stocks Close Lower Following Powell Speech
European stocks closed lower on Thursday, after the recent speech of the United States Federal Reserve Chair Jerome Powell. The Stoxx Europe 600 index declined by 0.58% and closed at 370.96 points. The UK’s FTSE100 index settled lower by 0.75% at 5,999.99. Meanwhile, the French CAC40 and the German DAX …
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27 August 2020 9:09 pm
Democrats Demand Increased Spending for Stimulus Package
The White House need to agree on increased spending for the next COVID-19 stimulus package, said the United States House of Representatives Speaker, Nancy Pelosi, on Thursday. Recently, the President of the United States, Donald Trump, claimed that his administration has saved more than 50 million jobs, through the COVID-19 …
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27 August 2020 7:13 pm
US Pending Home Sales Rise in July
The United States Pending Home Sales Index increased by 5.9% to 122.1 in July, according to data by the National Association of Realtors on Thursday.
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27 August 2020 5:57 pm
UK Car Production Ramps up in July
Data from the auto sector revealed that car production in Britain increased strongly in July, but is still below the level of last year, after manufacturing almost completely stopped in April at the start of isolation measures to combat the Corona virus. The Association of Automobile Manufacturers and Dealers said …
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27 August 2020 5:27 pm
Powell Speech: Fed Not Tying Itself to Any Particular Method to Define Average Inflation
Jerome Powell, Chairman of the Federal Reserve System, is delivering his remarks at the virtual Jackson Hole Economic Policy Symposium titled “Navigating the Decade Ahead: Implications for Monetary Policy.” “Fed not tying itself to any particular method to define average inflation, policy will not be dictated by any formula.”“Fed will …
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27 August 2020 5:15 pm
FOMC Chairman Powell Says Fed Will Target Average Inflation as New Strategy
Jerome Powell, Chairman of the Federal Reserve System, said that the Fed in its new strategy will target average inflation in his prepared remarks at the virtual Jackson Hole Economic Policy Symposium.
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27 August 2020 5:06 pm
FOMC Chairman Jerome Powell’s speech – Live Stream
Jerome Powell, Chairman of the Federal Reserve System, will be delivering his remarks at the virtual Jackson Hole Economic Policy Symposium at 1310 GMT on Thursday. Powell is expected to discuss the Fed’s monetary policy framework review at the conference titled “Navigating the Decade Ahead: Implications for Monetary Policy.”
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27 August 2020 4:52 pm
US: More Than 1 Million Americans Applied For Unemployment Benefits
There were 1,006,000 Initial Claims for unemployment benefits in the US during the week ending August 22nd, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed last week’s print of 1,104,000 (revised from 1,106,000) and came in slightly worse than the market expectation …
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27 August 2020 4:41 pm
US: Real GDP Contracts by 31.7% in Q2
The United States’ Real Gross Domestic Product (GDP) contracted at an annual rate of 31.7% in the second quarter, the US Bureau of Economic Analysis’ second estimate showed on Thursday. This reading came in better than the advance estimate of 32.9% and the market expectation of 32.5%.
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