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 …
Read More »Market Drivers: Assets Dance to CPI Data, US-China Trade Talks
Markets buzzed with activity on June 11, 2025, as assets like gold, silver, and the Canadian Dollar …
Silver Stalls Near 13-Year Highs: Trade Talks, CPI Data Hold the Key
Silver prices (XAG/USD) have hit a speed bump after a meteoric rise to 13-year highs near $37.00, no…
US-China Trade Deal: A Step Toward Stability or a Fragile Truce?
On June 11, 2025, President Donald Trump announced a US-China trade deal as “done” via h…
Gold Prices Surge on Cooling US Inflation and Fed Rate Cut Bets
Gold prices climbed modestly on Wednesday, with XAU/USD trading near $3,341.75, up up+0.55% after br…
EUR/USD Gains Momentum, Eyes 1.1500
EUR/USD has accelerated its upward climb, nearing weekly highs hovering around 1.15, exactly trading…
Dow Jones Surges Past 43,000 Amid CPI Data, Trade Talks Progress
The Dow Jones Industrial Average (DJIA) has climbed above 43,000 for the first time since February, …
Supply Outlook: EU Eyes Russian Imports, and US Inventories Signal Market Shift
According to the Energy Information Administration (EIA), US crude oil production is projected to de…
Stock Movers: Tesla, GameStop, and Beyond
Tesla’s Surge Sparks Electric Vehicle OptimismTesla’s stock climbed significantly in pre…
Trade Optimism, Shrinking Inventories Fuel Oil Prices Rally
WTI crude oil prices have climbed above $65.00, marking a significant 2% intraday gain as of June 11…
U.S. Inflation Slows Slightly in May, Misses Expectations and Pressures Dollar
Inflation in the United States, as measured by the Consumer Price Index (CPI), rose to 2.4% year-ove…
Market Analysis
September, 2024
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19 September 2024 3:03 pm
German Economy Faces Potential Contraction Amid Industrial Weakness, Consumer Caution: Bundesbank Report
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19 September 2024 1:27 pm
Bitcoin Rises After Fed’s Rate Cut, But Less Dovish Outlook Caps Gains
Bitcoin’s price surged on Thursday following the Federal Reserve’s significant interest rate cut, which signaled the beginning of a potential easing cycle. The world’s largest cryptocurrency rose by 2.9% to $61,985 by 01:41 ET (05:41 GMT), briefly reaching a high of $62,539. Despite breaking out of the long-standing $50,000 to …
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19 September 2024 11:58 am
Dollar Rebounds and Asian Stocks Surge After Fed’s Bold Rate Cut
Global markets reacted strongly following the Federal Reserve’s aggressive interest rate cut of 50 basis points, setting the stage for a measured easing cycle. The move is widely seen as an attempt to guide the U.S. economy toward a soft landing after months of elevated inflation and economic uncertainty. U.S. …
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19 September 2024 11:09 am
European Stocks Rise Following Fed’s Aggressive Rate Cut, Focus Shifts to BoE Decision
European stock markets saw strong gains on Thursday, buoyed by the Federal Reserve’s aggressive rate cut and investor anticipation ahead of the Bank of England’s (BoE) policy decision. Germany’s DAX was up 0.9%,France’s CAC 40 rose 1.4%, andThe UK’s FTSE 100 climbed 0.9% as of 03:05 ET (07:05 GMT). Fed’s …
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19 September 2024 10:23 am
Oil Prices Steady Amid Demand Concerns and Fed Rate Cut
Oil prices remained relatively unchanged on Thursday, with Brent crude futures edging up by 8 cents to $73.73 a barrel, while WTI crude futures slipped by 3 cents to $70.88 a barrel as of 0015 GMT. The market’s reaction to the Federal Reserve’s half-percentage-point rate cut was muted, with concerns …
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19 September 2024 9:45 am
Asian Stocks Rise After Fed’s Rate Cut, Japan Leads Gains as Yen Weakens
Asian stocks experienced gains in choppy trade on Thursday, spurred by optimism following an outsized 50 basis point rate cut by the Federal Reserve, though the central bank’s higher projection for neutral rates tempered the enthusiasm. Wall Street’s weak overnight close also weighed on sentiment. However, U.S. stock index futures …
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19 September 2024 1:36 am
Market Drivers; US Session: FOMC’s Rate Cut Rearranges Market Conditions
The US Dollar Index (DXY) weakened to the 100.20 region, just to rebound afterwards and reclaim the 101.00 hurdle and beyond in the wake of the FOMC event. The usual weekly Initial Jobless Claims are due on September 19, seconded by the Philly Fed Manufacturing Index, the CB Leading Index, …
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19 September 2024 1:02 am
How have US Stocks Reacted to FOMC Decision?
The Federal Reserve’s recent decision to lower interest rates has sent ripples through the financial markets, sparking a surge in stock prices. While the move has initially been welcomed by investors, its long-term implications remain uncertain. Let’s delve deeper into the potential impacts of this rate cut on the economy …
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19 September 2024 12:14 am
Powell speech: 50 bps move is a commitment to us not falling behind
Fed Chair Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 50 basis points to the range of 4.75%-5% after the September meeting and responds to questions in the post-meeting press conference.Key quotes:“Housing market is frozen in part due to higher rates.”“As rates come home, …
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18 September 2024 11:39 pm
Gold Prices Plummet Following Fed Rate Cut
Gold prices experienced a significant decline after the Federal Reserve (Fed) announced a 50-basis point rate cut. Despite the reduction, the Fed projected the federal funds rate to reach 4.4% by the end of 2024, indicating a continued tightening stance.Rate Cut and Outlook: The Fed’s decision to lower borrowing costs …
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18 September 2024 11:00 pm
Powell: FOMC decisions are never about politics or anything else
Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 50 basis points to the range of 4.75%-5% after the September meeting and responds to questions in the post-meeting press conference.Key quotes“Immigration is one of the things that has allowed unemployment rate to …
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18 September 2024 10:38 pm
USD/JPY retreats after Fed delivers 50 bps rate cut
The US dollar fell to a low of 140.80 on Wednesday when the Fed announced a 50 basis point cut in interest rates, just as the markets were getting ready for Fed Chair Powell’s press conference. In an effort to meet market expectations, US central bank policymakers have lowered interest …
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18 September 2024 10:03 pm
FOMC cuts interest rate by 50 bps to 4.75%-5%
Following its meeting in September, the FOMC decided to 50 bps to 4.75%-5% as widely anticipated. Key hints on the outlook for interest rates are expected from the updated Summary of Economic Projections and comments made by Fed Chairman Powell. Depending on the magnitude of the interest rate cut, the …
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