Oil prices slipped on Friday, yet they remained poised for a second consecutive weekly gain, buoyed by the Federal Reserve’s significant interest rate cut and shrinking global stockpiles. As of 10:04 GMT, Brent futures had declined by 50 cents (0.67%) to $74.38 a barrel, while U.S. WTI crude futures fell …
Read More »Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Market Analysis
September, 2024
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20 September 2024 2:49 pm
Oil Prices Ease but Set for Second Weekly Gain Amid U.S. Rate Cuts and Lower Stockpiles
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20 September 2024 12:17 pm
European Markets Slip as Investors Digest Central Bank Decisions
European stock markets edged lower on Friday, consolidating the previous session’s sharp gains as investors processed policy updates from several major central banks. At 03:05 ET (07:05 GMT), Germany’s DAX fell by 0.6%, France’s CAC 40 dropped 0.3%, and the U.K.’s FTSE 100 declined 0.5%. Central Banks in Focus After …
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20 September 2024 11:13 am
Bitcoin Rises to Three-Week High as Fed Rate Cut Spurs Risk Appetite
Bitcoin’s price surged to a three-week high on Friday, driven by improved risk appetite following the Federal Reserve’s significant interest rate cut. The world’s largest cryptocurrency gained momentum, rising in tandem with broader risk-driven markets like stocks. Other cryptocurrencies also posted gains, with Bitcoin leading the rally and setting the …
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20 September 2024 10:49 am
UK Retail Sales Surge in August as Warmer Weather Boosts Spending
British retail sales rose by a stronger-than-expected 1% in August, driven by warmer weather and end-of-season sales, according to official data released by the Office for National Statistics (ONS) on Friday. This marks a significant improvement over economists’ expectations of a 0.4% rise, as forecasted by a Reuters poll. The …
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20 September 2024 10:18 am
Gold Prices Rise as Dollar Slips After Fed Rate Cut, Markets Eye Further Reductions
Gold prices edged higher in Asian trading on Friday, supported by a weaker dollar following the Federal Reserve’s aggressive interest rate cut. The move has bolstered optimism for more rate reductions, driving demand for the precious metal as a hedge against currency weakness and economic uncertainty. Gold Reacts to Fed’s …
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20 September 2024 3:06 am
Market Drivers; US Session, September 19
Following the FOMC, the US Dollar Index (DXY) returned to the 100.50 zone while retaining its gloomy outlook. Harker of the Fed isn’t scheduled to talk until the end of the week. As selling pressure on the US dollar increased, the EUR/USD strengthened its gain from Wednesday and returned to …
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20 September 2024 2:44 am
Does Oil Price Try To Defy Market Fundamentals?
WTI futures were trading at $70.98 per barrel. WTI prices are lower by 3.35% so far this year. In the past 24 hours, Brent futures have increased by 1.95% to trade at $74.11/bbl. Brent prices have dropped by 6.26% so far this year. Although prices for West Texas Intermediate have …
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20 September 2024 12:15 am
USD/CAD weakens as investors await BoC’s Macklem speech
The USD/CAD pair is trading down on Friday morning in the Asian session, at 1.3560. The USD is still being hurt by predictions that the Fed may lower rates again this year. The commodity-linked Loonie is supported by rising crude oil prices. During Friday’s early Asian session, the USD/CAD pair …
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19 September 2024 11:21 pm
Explainer: Fed’s Rate Cut Impacts stocks, crypto and other investments
The Federal Reserve has lowered interest rates at its Sept. 17-18 meeting, decreasing the federal funds rate by 50 basis points to 4.75 to 5.0%. This is likely the first of a string of rate cuts that should help buoy the U.S. economy. Interest rates are one of the biggest …
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19 September 2024 10:00 pm
Dow Jones Soars to Fresh Heights
The Dow Jones Industrial Average (DJIA) continued its remarkable ascent, reaching yet another all-time high on Thursday. This surge, driven by the Federal Reserve’s (Fed) recent interest rate cut and robust economic indicators, underscores the prevailing bullish sentiment in the market. The Fed’s decision to lower interest rates by 50 …
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19 September 2024 8:36 pm
Fed’s Aggressive Rate Cut Boost EUR/USD Amidst ECB Uncertainty
The EUR/USD currency pair experienced a volatile trading session on Thursday, with the euro initially gaining ground against the US dollar before surrendering much of its intraday gains. The market’s reaction was primarily driven by the Federal Reserve’s (Fed) aggressive interest rate cut and diverging expectations regarding the European Central …
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19 September 2024 7:52 pm
Pound Sterling Surges Following BoE’s Rate Decision
The Bank of England (BoE) has maintained interest rates at 5% following a split decision within its Monetary Policy Committee (MPC). Despite inflationary pressures easing, the MPC opted to hold rates steady, signaling a cautious approach to monetary policy.The decision has had a significant impact on the pound sterling, which …
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19 September 2024 3:03 pm
German Economy Faces Potential Contraction Amid Industrial Weakness, Consumer Caution: Bundesbank Report
The German economy could shrink again in the third quarter of 2024, as it continues to grapple with an industrial recession, weak investment, and cautious consumer spending, according to a monthly economic report from the Bundesbank released on Thursday. Germany, the largest economy in the eurozone, has already experienced negative …
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