The British Pound (GBP) is surging in front of the US Dollar (USD) on Monday, opening the week with a strong performance amid a relevant decline by the USD. The GBP/USD is trading higher for the day by 0.88% at 1.2858 after opening today at 1.2745, a little below its …
Read More »US Session – Market Driver: Key Assets React to Stronger USD, Climbing Oil Prices
The US Dollar strengthened on Wednesday after the Federal Reserve decided to keep interest rates unc…
War in Iran to Keep BoE on Hold
The ongoing conflict in Iran has sent shockwaves through global markets, with oil prices swinging wi…
Dollar Surge Pushes Yen Toward Intervention Zone
The US Dollar surged against the Japanese Yen on Wednesday, with the pair climbing close to 160.00 a…
Powell’s Stark Warning: Inflation Clouds Loom Over Fed’s Path
Federal Reserve Chair Jerome Powell delivered a candid assessment of the U.S. economy, painting a pi…
Fed Holds the Line: Cautious Policy Signals Strength, But Inflation and Global Risks Loom
The US Federal Reserve decided to leave its key interest rate unchanged at 3.50%–3.75% during its Ma…
Fed Holds Rates Steady Amid Middle East Tensions, Rising Oil Prices
The US Federal Reserve has kept interest rates unchanged for the second time this year, a move widel…
Gold Dips Below $4,900 as PPI and Oil Push Dollar Higher
Gold dropped sharply on Wednesday, falling below $4,900 as rising US inflation and higher oil prices…
Looming ECB’s Rate Decision: Hawkish Signals Without Pulling the Trigger
The European Central Bank is widely expected to hold interest rates steady at its upcoming meeting, …
War, Inflation, and the Fed: Why Markets Are on Edge Right Now
Global financial markets are navigating a rare and unsettling combination of pressures — a widening …
Strong Rise in U.S. Producer Prices Brings Inflationary Pressures Back to the Forefront
The U.S. Producer Price Index (PPI) recorded a larger-than-expected increase in February 2026, signa…
Market Analysis
September, 2020
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28 September 2020 7:18 pm
Texas Production Activity Expands in September
The Texas factory production index increased by nine points to 22.3 in September, its highest reading in two years, according to data by the Texas Manufacturing Outlook Survey. This is the fourth consecutive monthly increase for the index, signaling recovery from the impacts of the COVID-19 pandemic. Meanwhile, future production …
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28 September 2020 5:54 pm
ECB’s Lagarde: ECB Continues to Stand Ready to Adjust All of Its Instruments
The economic recovery in the euro area remains incomplete, uncertain and uneven, Christine Lagarde, President of the European Central Bank (ECB), reiterated while delivering her prepared remarks at the EU Committee on Economic and Monetary Affairs. “In the current environment of elevated uncertainty, the Governing Council will carefully assess all …
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28 September 2020 5:38 pm
The Turkish Lira Drops to Fresh Lows Weighted by Caucasus Conflict
The Turkish lira fell to record levels against the dollar, the euro and the pound on Monday, September 28, in light of fears of increasing Turkey’s intervention in the rapidly escalating conflict in the Caucasus, despite the sudden interest rate hike last week in order to support the currency. The …
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28 September 2020 4:38 pm
Germany Proposes Rule of Law Conditions For Accessing EU’s COVID Recovery Fund
European Union chair Germany has proposed a rule of law scheme for accessing EU funds in negotiations between member states and the European parliament, Reuters reported on Monday, citing an internal document. Quotes according to Reuters “Rule of law is essential, important to protect the EU’s financial interests, impartial courts.”“Respect for …
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28 September 2020 3:38 pm
PBOC: We Will Maintain Ample Liquidity And Reduce Financing Costs
The People’s Bank of China said it will maintain reasonably ample liquidity and direct funding costs down. The People’s Bank of China said in a statement after a meeting of its monetary policy committee that it would make this policy more flexible and targeted. He went on to say that …
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28 September 2020 2:54 pm
US Dollar Near a Two-Month High Amid Political And Economic Risks
The dollar traded near a two-month high against a basket of currencies on Monday, September 28, while doubts about an economic recovery continued before a batch of economic data and political developments in the United States. The recovery of US stocks on Friday contributed to limiting the rise of the …
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28 September 2020 2:10 pm
Oil is Falling on Uncertainty Surrounding The Recovery of Demand
Oil prices fell on Monday, September 28, as the high number of coronavirus cases dampened hopes for a smooth recovery in fuel demand, while the two major benchmarks are moving towards recording their first monthly decline in several months after falling last week. By 06:52 GMT, Brent crude was down …
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28 September 2020 1:21 pm
Gold Rises as US Dollar Weakens, Eyes on a debate between Trump and Biden
Gold prices rose on Monday, September 28, as the dollar retreated from a two-month high last week as political uncertainty increased ahead of the first presidential debate between US President Donald Trump and his Democratic rival, Joe Biden. Gold rose in the spot market 0.1% to $ 1861.13 an ounce …
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28 September 2020 12:48 pm
Nikkei Ends Higher on Boost From Ex-Dividend Stocks
Japanese stocks closed higher on Monday, September 28, in light of greater demand for stocks whose cash dividends are due to expire this week, but US-Chinese tensions limited the gains. The Nikkei rose 1.32% to 2,3511.62 points, while the broader TOPIX index gained 1.69% to 1,661.93 points. All sub-sector indices …
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28 September 2020 12:05 pm
OPEC: Oil Inventories in Advanced Economies Below an Average of 5 years in Q1 2020
Mohamed Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), said on Sunday (September 27th) that oil stocks in the Organization for Economic Cooperation and Development countries in the first quarter of 2021 are expected to remain above their five-year average by a slight margin before falling below …
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28 September 2020 11:34 am
Russian Energy Minister Warns of Covid-19 Risks to Global Oil
Russian Energy Minister Alexander Novak said that the global oil market has stabilized in the past few months and that the balance between supply and demand has been restored, while uncertainties continue, such as the rise in COVID-19 cases. He also said that talks about the possibility of transferring exports …
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28 September 2020 10:41 am
Nikkei is Up 0.81% in Early Trading in Tokyo
The Nikkei index rose in early trading on the Tokyo Stock Exchange on Monday, September 28th. Nikkei rose 0.81% to 23391.96 points, while the broader Topix index rose 0.74% to 1646.28 points.
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