British inflation held steady in August, with the Consumer Price Index (CPI) remaining at 2.2%—matching expectations but falling short of the Bank of England’s (BoE) latest projection of 2.4%. However, a notable increase in services sector inflation has added complexity to the central bank’s upcoming decision on interest rates. Consumer …
Read More »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…
Wall Street Futures Edge Lower as Investors Await Key U.S. CPI Report and Scrutinize U.S.-China Trade Framework
U.S. stock index futures edged slightly lower early Wednesday, as investor enthusiasm over a newly p…
Bitcoin Holds Steady as Markets Await Details on U.S.-China Trade Framework and U.S. CPI Data
Bitcoin traded largely flat on Wednesday, pausing after Tuesday’s sharp gains as traders diges…
Market Analysis
September, 2024
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18 September 2024 1:48 pm
UK Inflation Steady in August; Services Sector Inflation Rises, Impacting BoE Rate Decision
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18 September 2024 11:58 am
Oil Prices Dip as Weak Economic Data Outweighs Middle East Tensions and Fed Rate Expectations
Oil prices fell on Wednesday after two consecutive sessions of gains, with weak macroeconomic data weighing on demand and offsetting concerns about supply disruptions in the Middle East. Investors were also keeping an eye on the U.S. Federal Reserve’s upcoming interest rate decision, which could have bullish implications for crude …
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18 September 2024 3:09 am
Euro Softens on Eurozone Outlook
The Euro has experienced a decline in recent trading, primarily due to a combination of weak economic data and growing expectations for a Federal Reserve interest rate cut. As investors digest the implications of these developments, the currency pair has come under pressure.Weakening Economic SentimentA key factor contributing to the …
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18 September 2024 2:51 am
Market Drivers: Eve of FOMC’s Most Uncertain Meeting in 2024
The US Dollar Index (DXY) experienced a temporary respite from its recent decline, supported by a rebound in US T-yields and anticipation of a potential 50-basis point rate cut by the Federal Reserve. The upcoming FOMC meeting on September 18 will be a crucial event, shaping market dynamics in the …
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18 September 2024 1:42 am
Will FOMC Go Big or Small on Rate Policy?
The September 2024 FOMC meeting is poised to conclude on September 18th, with Fed Chairman Powell’s press conference following. Traders and economists are divided over the size of the rate cut, with 59% odds of a 50bps interest rate cut and 41% probability of a 25bps cut per CME FedWatch. …
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17 September 2024 11:59 pm
Short Term Forecast: Gold Pressured Ahead of FOMC Decision
Strong US macroeconomic data, including US Retail Sales, above forecast, and an improvement in Industrial Production in August, has caused gold prices to decline. The US Dollar Index (DXY) increased by 0.21% to 100.92, which put pressure on the gold. The US Fed’s monetary policy decision on Wednesday is anticipated …
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17 September 2024 10:10 pm
US Treasury Yields Rise Following Positive Data
US Treasury yields increased after data revealed a boost in consumer spending in the United States during August, according to figures released on Tuesday by the US Bureau of Labour Statistics. The yield on the 10-year US Treasury note rose to 3.644% compared to the previous day’s close of 3.623%. …
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17 September 2024 9:03 pm
US Stocks Decline Following Positive US Retail Sales Data
US stocks began to show a mixed performance, leaning towards a decline, influenced by US retail sales data. This data highlighted the possibility of increased consumer demand and, subsequently, a return to higher inflation in the United States.Wall Street stocks had reached record highs on Tuesday before investors in the …
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17 September 2024 7:56 pm
EUR/GBP Consolidates As Bulls Show Signs of Strength
The EUR/GBP currency pair has been trading within a narrow range in recent sessions, with limited upward or downward momentum. However, there are emerging signs that bullish sentiment is gaining traction.Technically, the pair is currently trading slightly above the 20-day Simple Moving Average (SMA), which is converging at 0.8450. A …
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17 September 2024 6:49 pm
Euro-Yen Soars Amid Mixed Economic Data
The EUR/JPY pair experienced a significant uptick, surpassing the 157.00 mark, despite a disappointing ZEW economic sentiment survey from the Eurozone and Germany. This surge was primarily driven by the strengthening US dollar against the Japanese yen, influenced by positive US retail sales data.While the Federal Reserve’s upcoming monetary policy …
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17 September 2024 3:35 pm
U.S. Stock Futures Rise as Markets Anticipate Aggressive Fed Rate Cut
U.S. stock index futures edged higher on Tuesday as investors grew optimistic about the Federal Reserve’s anticipated rate-cutting cycle, with expectations leaning towards a larger reduction later this week. As of 06:15 ET (10:15 GMT), Dow Jones Futures climbed 115 points, or 0.3%, S&P 500 Futures gained 20 points, or …
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17 September 2024 1:40 pm
Oil Prices Steady as Markets Weigh U.S. Output and Fed Decision
Oil prices held steady on Tuesday after gaining more than $1 in the previous session, as traders assessed U.S. production concerns following Hurricane Francine, alongside expectations of lower U.S. crude stockpiles and the upcoming U.S. Federal Reserve policy decision. Brent crude futures for November remained unchanged at $72.77 per barrel …
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17 September 2024 11:55 am
European Stocks Rise Ahead of Anticipated U.S. Rate Cut
European stocks edged higher on Tuesday, led by gains in financial shares, as markets geared up for the U.S. Federal Reserve’s expected monetary easing cycle. Investors are eyeing a potential outsized rate reduction from the U.S. central bank. The continent-wide STOXX 600 index climbed 0.6% to 518.16 points by 07:13 …
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