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Gold fell on Wednesday, November 25, with the start of the official transition process for Joe Biden to the White House and optimism about vaccines for the Coronavirus, which reduces the appeal of gold as a safe haven. Gold spot fell 0.1% to 1805 dollars an ounce by 06:48 GMT. …
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29 May, 2026 9:43 pm
Sticky PCE Inflation Supercharges Dollar, Deepens Pressure on Japanese Yen
The Japanese Yen remained under heavy pressure Friday after fresh US inflation data reinforced expec…
29 May, 2026 8:55 pm
Wall Street Rallies on Trump’s Iran Deal Optimism Despite Major Gaps in Reality
US markets surged to fresh record highs Friday after President Donald Trump signaled that a long-awa…
29 May, 2026 7:41 pm
Euro Climbs as Hopes for US-Iran Deal Weigh on Dollar and Oil Prices
The euro strengthened against the US dollar on Thursday as growing optimism surrounding a potential …
29 May, 2026 2:24 pm
Bitcoin Bounces Back to $74K as Iran Ceasefire Extension Lifts Risk Appetite: But $82K Peak Feels Far Away
Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after slidin…
29 May, 2026 12:38 pm
Dollar Treads Water as Iran 60-Day Ceasefire Deal Eases Safe-Haven Demand: Tokyo CPI Miss Pressures Yen
Key Takeaways Dollar little changed: The DXY held near 99 in Asian trade after slipping 0.2% overnig…
29 May, 2026 11:20 am
Gold Treads Water as Iran Ceasefire Extension Hopes Battle Inflation Storm: PCE Hits 3-Year High
Key Takeaways Gold flat: Spot gold held steady at $4,495.9 per ounce, while gold futures edged down …
29 May, 2026 10:29 am
Oil Heads for 10% Weekly Crash as 60-Day Ceasefire Extension Report Slams Supply Fear Premium
Key Takeaways Prices ease further: Brent crude fell 0.5% to $93.24 per barrel, while WTI dropped 0.9…
29 May, 2026 9:38 am
Asian Markets Soar to Records on Ceasefire Extension Reports: Nikkei Hits All-Time High as AI Rally Powers On
Key Takeaways Record highs across Asia: Nikkei 225 jumped nearly 3% to an all-time high of 66,449.48…
29 May, 2026 3:29 am
Wall Street Soars on Hopes of a US-Iran Breakthrough
American stock markets surged to fresh record highs after growing speculation that tensions between …
29 May, 2026 2:49 am
BlackRock Stock Gains Wall Street Confidence as Analysts See More Upside Ahead
Shares of asset management giant BlackRock are drawing renewed optimism from Wall Street, despite th…
Market Analysis
November, 2020
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25 November 2020 1:10 pm
European Stocks Rise in Support of Easing And Vaccine Hopes
European stocks held near their nine-month highs on Wednesday, November 25, as sentiment remained high, supported by an easing of restrictions linked to the Coronavirus in the region and growing hopes that a vaccine would soon be ready. The European Stoxx600 index rose 0.3%, as banking services stocks rose 1.6% …
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25 November 2020 12:35 pm
Oil Rising on Increasing Optimism About Vaccine
Oil rose for the fourth session in a row on Wednesday, November 25, as the market ignored a report by the sector that showed that US crude stocks rose more than expected, continuing this rise supported by hopes that a vaccine for Covid-19 would support oil demand. By 0616 GMT, …
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25 November 2020 4:05 am
How is in the Next Biden Administration?
President-elect of the United States, Joe Biden, has vowed to choose a diverse cabinet that represents all Americans. After a lot of anticipation and expectations, we are finally getting to know some of the names that he will nominate to his cabinet. Janet Yellen The first chairwoman of the US …
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25 November 2020 3:45 am
US Treasury Yields Rise on Improved Outlook
Treasury yields in the United States rose on Tuesday, due to increased risk appetite and an expected smooth transition in the White House. Return on the 10-year Treasury notes went up by 2.4 basis points to 0.881%. The 30-year bonds yield rose by 4.1 basis points to 1.603%. Meanwhile, the …
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25 November 2020 2:28 am
Oil Finishes at Highest Level in About Nine Months
Oil prices continued to rally on Tuesday, achieving big gains to finish near its highest level since early March. Brent crude futures for January delivery surged by $1.80, or 3.9%, to close at $47.86 per barrel. Meanwhile, the West Texas Intermediate (WTI) crude futures for January delivery soared by $1.85, …
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24 November 2020 11:00 pm
Gold Prices Fall for Second Day in Row
Gold prices continued to make big losses on Tuesday, for the second consecutive session, amid improved risk appetite and aversion from safe havens, on the back of positive news about Coronavirus vaccines. In addition, an expected smooth transition in the US administration from the incumbent president to the president-elect helped …
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24 November 2020 10:42 pm
USD Declines amid Increased Risk Appetite
The US Dollar (USD) is declining across the board on Tuesday, on the back of higher risk appetite that comes supported by recent positive news about Coronavirus vaccines. The Dollar index (DXY), which measures the USD performance in front of a basket of six major international currencies, is down by …
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24 November 2020 10:39 pm
European Stocks Close Higher
European stocks closed Tuesday higher, supported by an improved risk appetite and positive news about Coronavirus vaccine candidates. The STOXX Europe 600 index rose by 0.83%, to finish at 392.05 points. The UK’s FTSE100 increased by 1.55%, while the German index DAX gained 1.26%. Meanwhile, the French index CAC40 settled …
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24 November 2020 9:30 pm
Dow Hits New All-Time High
The Dow Jones Industrial Average index surged on Tuesday, supported by gains by major stocks listed on the New York Stock Exchange (NYSE), or Wall Street, as well as the beginning of the transition from the Trump administration to that of President-elect Joe Biden. The index broke the 30,000-point mark …
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24 November 2020 8:08 pm
US Consumer Confidence Declines in November
The Conference Board’s index of consumer confidence in the United States declined to 96.1 in November, down from a revised reading of 101.4 in October, data showed on Tuesday. This comes as the rising number of new Coronavirus cases across the states pushed down consumer confidence. “Heading into 2021, consumers …
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24 November 2020 6:36 pm
Richmond Federal Reserve Manufacturing Index Falls to 15
The Federal Reserve Bank of Richmond’s Manufacturing Index declined in November, data showed on Tuesday. The index dropped to 15 from a previous reading of 29 in October. However, the index remained firmly in expansionary territory, as all three component indexes — shipments, new orders, and employment — had positive …
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24 November 2020 5:42 pm
US: Philly Fed Nonmanufacturing Index slumps to 5.3 in November
The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey fell sharply to 5.3 in November, the lowest reading since June, from 25.3 in October, the monthly data showed on Tuesday.
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