European stocks advanced on Friday, bolstered by gains in the mining sector and anticipation of a potential interest rate cut by the U.S. Federal Reserve at its upcoming meeting. The pan-European STOXX 600 index rose 0.5% to 514.5 points as of 0710 GMT, marking solid progress towards a weekly gain. …
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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13 September 2024 11:49 am
European Stocks Rise Amid Fed Rate Cut Speculation and Stronger Mining Sector
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13 September 2024 10:50 am
Oil Prices Rise Amid U.S. Gulf Disruptions Despite Lingering Demand Concerns
Oil prices extended their upward momentum on Friday, driven by production disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced the evacuation of platforms ahead of its landfall on the Louisiana coast. This rally comes after a rocky start to the week that saw Brent crude briefly dip …
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13 September 2024 10:00 am
Gold Hits Record High on Fed Rate Cut Speculation, Tight U.S. Presidential Race
Gold prices surged to an all-time high during Asian trading on Friday, driven by persistent speculation that the Federal Reserve will cut interest rates in the coming week. Increased demand for the safe-haven asset amid uncertainties surrounding the U.S. presidential election further boosted the yellow metal’s appeal. Gold continued its …
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13 September 2024 9:31 am
Asian Stocks Rise as Focus Shifts to Fed’s Interest Rate Decision; Hong Kong Leads Gains
Most Asian markets advanced on Friday as investor attention turned to the Federal Reserve’s upcoming interest rate decision, potentially marking the first rate cut in over four years. Hong Kong’s markets led the region with strong gains, driven by bargain hunting in local technology heavyweights. Hong Kong Rallies on Tech …
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13 September 2024 2:42 am
Market Drivers; US Session, September 12
FOMC Meeting: A Dovish Pivot or Hawkish Hold? The Federal Open Market Committee (FOMC) meeting next week looms large for investors and markets worldwide. Recent economic data has sparked a debate: will the Fed take a dovish turn and cut rates, or will it maintain its hawkish stance on inflation?Softening …
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13 September 2024 1:37 am
Adobe’s Q3: A Tale of Two Halves
Adobe (Nasdaq: ADBE) delivered a mixed bag of results in its third fiscal quarter of 2024. While the company reported strong top-line growth and record-breaking revenue, a cautious outlook for the fourth quarter sent its stock tumbling. A Strong Quarter, but a Cautious Outlook The software giant’s Q3 revenue surged …
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13 September 2024 12:43 am
Canadian Dollar Stalls Amid Rate Cut Expectations
The Canadian Dollar remained relatively unchanged on Thursday, continuing its recent sideways trend. Domestic economic indicators, including a rise in Canadian Building Permits, were overshadowed by the anticipation of a Federal Reserve interest rate cut.The U.S. Producer Price Index (PPI) data, while mixed, did not significantly alter market expectations for …
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12 September 2024 11:35 pm
Accelerating Fed Rate Cut Optimism Boosts Gold To Fresh Record Highs
On Thursday, the price of gold hit yet another record high as investors became increasingly optimistic about the future decline in global interest rates. With the second rate cut in three months by the European Central Bank (ECB), the spot price of gold soared to $2,567 per troy ounce, up …
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12 September 2024 10:25 pm
US Dollar Declines Amid Softening Labour Market and Inflation
The US Dollar has experienced a downward trend in recent sessions, primarily driven by weaker-than-expected labour market and inflation data. This decline reflects a shift in market sentiment as investors reassess the Federal Reserve’s monetary policy stance and the overall health of the US economy.Softening Labour MarketThe latest labour market …
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12 September 2024 9:41 pm
Dow Jones Rallies Amid Softer Inflation Data
The Dow Jones Industrial Average (DJIA) closed higher on Thursday, following a late-day surge. This rally was primarily driven by a softer-than-expected US Producer Price Index (PPI) report, which eased concerns about inflationary pressures and reinforced expectations for an imminent interest rate cut by the Fed. PPI Inflation Moderates: The …
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12 September 2024 8:07 pm
EUR/GBP Price Analysis: A Precarious Balance
The EUR/GBP exchange rate has been caught in a state of flux, with bearish sentiment tempered by recent signs of stabilization. While the overall technical outlook remains tilted to the downside, there is evidence that the selling pressure may be easing.The Relative Strength Index (RSI) has crept above the oversold …
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12 September 2024 4:19 pm
ECB Cuts Key Interest Rates Amid Slowing Economic Outlook
The European Central Bank (ECB) announced significant rate cuts on Thursday in response to mounting concerns over economic slowdown in the Eurozone. The ECB lowered its key interest rates across the board, signaling a shift towards more accommodative monetary policy. The interest rate on the marginal lending facility was reduced …
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12 September 2024 2:50 pm
Oil Prices Climb Nearly 2% Amid Hurricane Disruptions, But Demand Concerns Linger
Oil prices surged nearly 2% on Thursday, extending gains from the previous session, as concerns over Hurricane Francine’s impact on U.S. oil production lifted the market. However, a pessimistic outlook on global demand, particularly from China, tempered further price increases. Brent crude futures for November delivery rose by $1.24, or …
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