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The Prime Minister of France, Jean Castex, said on Friday that there are currently no plans by his government to impose a lockdown to combat the outbreak of the coronavirus (COVID-19), despite a recent surge in new confirmed cases, Reuters reported. “The virus is with us for several more months …
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29 May, 2026 9:43 pm
Sticky PCE Inflation Supercharges Dollar, Deepens Pressure on Japanese Yen
The Japanese Yen remained under heavy pressure Friday after fresh US inflation data reinforced expec…
29 May, 2026 8:55 pm
Wall Street Rallies on Trump’s Iran Deal Optimism Despite Major Gaps in Reality
US markets surged to fresh record highs Friday after President Donald Trump signaled that a long-awa…
29 May, 2026 7:41 pm
Euro Climbs as Hopes for US-Iran Deal Weigh on Dollar and Oil Prices
The euro strengthened against the US dollar on Thursday as growing optimism surrounding a potential …
29 May, 2026 2:24 pm
Bitcoin Bounces Back to $74K as Iran Ceasefire Extension Lifts Risk Appetite: But $82K Peak Feels Far Away
Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after slidin…
29 May, 2026 12:38 pm
Dollar Treads Water as Iran 60-Day Ceasefire Deal Eases Safe-Haven Demand: Tokyo CPI Miss Pressures Yen
Key Takeaways Dollar little changed: The DXY held near 99 in Asian trade after slipping 0.2% overnig…
29 May, 2026 11:20 am
Gold Treads Water as Iran Ceasefire Extension Hopes Battle Inflation Storm: PCE Hits 3-Year High
Key Takeaways Gold flat: Spot gold held steady at $4,495.9 per ounce, while gold futures edged down …
29 May, 2026 10:29 am
Oil Heads for 10% Weekly Crash as 60-Day Ceasefire Extension Report Slams Supply Fear Premium
Key Takeaways Prices ease further: Brent crude fell 0.5% to $93.24 per barrel, while WTI dropped 0.9…
29 May, 2026 9:38 am
Asian Markets Soar to Records on Ceasefire Extension Reports: Nikkei Hits All-Time High as AI Rally Powers On
Key Takeaways Record highs across Asia: Nikkei 225 jumped nearly 3% to an all-time high of 66,449.48…
29 May, 2026 3:29 am
Wall Street Soars on Hopes of a US-Iran Breakthrough
American stock markets surged to fresh record highs after growing speculation that tensions between …
29 May, 2026 2:49 am
BlackRock Stock Gains Wall Street Confidence as Analysts See More Upside Ahead
Shares of asset management giant BlackRock are drawing renewed optimism from Wall Street, despite th…
Market Analysis
September, 2020
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11 September 2020 9:41 pm
US Oil Rigs Decline in Week
Data by Baker Hughes showed on Friday that active oil rigs in the United States declined by one rig to a total of 180 last week. Meanwhile, total active oil and gas drilling rigs decreased by two rigs to 254.
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11 September 2020 9:15 pm
European Stocks Register Small Gains
European stocks closed marginally higher on Friday, amid anticipation for the results of Brexit talks between the European Union and Britain. The Stoxx Europe 600 index added 0.1% and closed the week at the level of 368.41 points. The UK’s FTSE100 increased by 0.48%, while the French CAC40 gained 0.20%. …
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11 September 2020 7:55 pm
Europe Challenged by Private Crypto Assets
Europe needs to address the challenges imposed by private sector global digital assets, warned the Governor of the Bank of France, Coin Telegraph reported. “We in Europe face urgent and strategic choices on payments that will have implications for our financial sovereignty for decades to come.” “Our European ecosystem has …
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11 September 2020 7:08 pm
DXY Fluctuating in Downward Trend
The US Dollar (USD) is showing a mostly negative performance on Friday, after the release of the CPI data. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is marginally down by 0.02% at 93.32, after closing Thursday at 93.34. The index …
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11 September 2020 6:07 pm
Wall Street Opens Higher On Strong Major Tech Stocks
US stocks opened higher, buoyed by heavyweight tech stocks, as quarterly results exceeding expectations for Oracle confirmed the robustness of technology-related companies during the Coronavirus crisis. The Dow Jones Industrial Average rose 79.28 points, or 0.29%, to 27,613.86 points. The Standard & Poor’s 500 Index opened, up 13.51 points, or …
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11 September 2020 5:25 pm
Eurozone Ministers Pledge Continued Financial Support to the Economy
The European Union asked Britain Thursday 10 September to urgently cancel a plan to breach the withdrawal agreement, but Prime Minister Boris Johnson’s government refused and instead went ahead with a bill that could waste four years of Brexit talks. With the increasing likelihood that Britain’s departure from the European …
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11 September 2020 4:52 pm
Britain’s Economy Grew 6.6% in July Amid Continuing Gradual Recovery
The UK economy grew 6.6% in July on a monthly basis in an effort to recover from the sharp downturn caused by the general lockdown caused by the Corona pandemic, according to data from the British National Statistics Office. The expected growth (gross domestic product) for July was largely in …
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11 September 2020 4:17 pm
Gold Closes Higher as USD Declines
Gold prices declined as the US dollar rebounded, but the precious metal is on its way to achieving a weekly gain, supported by fears about the global economy recovering from a decline caused by the Corona virus. Before the Tokyo Stock Exchange closed, gold in spot transactions fell 0.8% to …
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11 September 2020 3:53 pm
China’s Foreign Ministry: China to Take Reciprocal Measures in Response to US Actions
China’s foreign ministry said on Friday that it has adopted reciprocal restrictions on staff from the US embassy and consulates in the mainland and Hong Kong. “China’s actions are just, a necessary response to the US wrongdoings,” the ministry added. China urges the US to withdraw restrictions on China’s embassy …
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11 September 2020 3:48 pm
Oil Continues to Decline Amid Rising Inventories and Weak Demand
Oil prices fell for a second day, as a sudden increase in US crude stocks negatively affected the sentiment, which is already suffering in light of the erosion of fuel demand with the continuing Corona pandemic. Brent crude fell 15 cents, or 0.4%, to $ 39.91 a barrel ahead of …
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11 September 2020 3:21 pm
European shares are stable amid mounting Brexit tension
European stocks stabilized after opening slightly lower, a day after the European Central Bank adopted a less monetary easing tone than expected regarding stimulus, while the growing possibility of a Brexit without an agreement weakened risk appetite. The pan-European STOXX 600 index settled and is heading towards closing the week …
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11 September 2020 2:17 pm
Euro Rallies as ECB Policymakers Calm Concerns
The euro rose slightly as traders indicated the calm approach of policymakers in the European Central Bank regarding the recent rise of the euro, while the Norwegian krone rose on official expectations that the current economic contraction will be less than expected. After a press conference on Thursday in which …
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