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 »SpaceX: The Meteoric Rise That Demands Investor Caution
SpaceX has achieved an extraordinary milestone, skyrocketing to become the fifth most valuable compa…
Week’s Liquidity in Turbulence: Between Mega-IPOs and Hawkish Fed Signals
The week ending June 19, 2026, was a testament to the volatility that characterizes modern global ma…
Swiss Franc Weakness Deepens as Policy Choices Shape Currency Direction
A Safe-Haven Currency Takes a Different PathThe Swiss Franc ended the week among the weakest major c…
Oil’s Glut Warning: Rising Supply Threatens to Push Prices Even Lower
Oil Prices Slide as Supply Concerns Return and Global Markets Face Oversupply RisksCrude Heads for W…
Sterling Rebounds as Thin Holiday Trading Slows Dollar’s Rally
The British Pound regained some ground on Friday after falling to a three-month low, as slower holid…
UK Borrowing Surges Past Forecasts as Inflation Hits Debt Costs
Key Takeaways May’s budget deficit hit £23.3 billion, up 30% year-on-year and well above the £…
Oil Holds Near $80 as U.S.-Iran Talks Collapse, Testing Fragile Truce
Key Takeaways Friday’s U.S.-Iran nuclear talks in Geneva were postponed after VP JD Vance scra…
Yen Nears 40-Year Low as Dollar Holds Firm on Hawkish Fed, Iran Uncertainty
Key Takeaways USD/JPY hit 161.8, closing in on 1986 levels, with traders watching for possible Japan…
Bitcoin Slides Toward Weekly Loss as Fed Hawkishness, Iran Talks Collapse Hit Risk Appetite
Key Takeaways Bitcoin fell 2% to $62,687.6, on track for a 2.8% weekly loss. Spot Bitcoin ETFs saw a…
European Stocks Eke Out Gains as Fragile Iran Truce Meets Hawkish Fed
Key Takeaways The STOXX 600 rose 0.2%, with the DAX up 0.4%, CAC 40 up 0.3%, and FTSE 100 up 0.1%. E…
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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