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“Germany’s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year’s level at the end of 2021,” economic institute IFO said on Wednesday, according to Reuters. IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to …
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7 May, 2026 12:19 am
Golden Revival: XAU Surges Toward Two-Week High on Global Diplomacy Hopes
Gold prices experienced a significant resurgence this Wednesday, climbing toward a two-week peak as …
6 May, 2026 11:30 pm
DXY Slides as Middle East Peace Hopes Shake Safe-Haven Demand
The U.S. dollar weakened sharply as rising optimism surrounding a potential peace agreement between …
6 May, 2026 10:51 pm
AI Mania and Peace Hopes Ignite Wall Street Rally to Historic Highs
U.S. stock markets climbed to fresh record highs as investors poured back into technology shares, fu…
6 May, 2026 10:07 pm
Brink of Peace or Edge of Fire? High-Stakes Diplomacy Grips the Middle East
The Middle East stands at a critical crossroads as the United States and Iran engage in a high-stake…
6 May, 2026 9:14 pm
US Private Sector Adds Strong 109K Jobs in April, Beating Expectations
US employers added 109,000 private-sector jobs in April, exceeding economists’ forecasts of 99,000. …
6 May, 2026 8:56 pm
Oil Prices Plunge as US-Iran Diplomatic Breakthrough Eases Global Tensions
Oil prices tumbled sharply on Wednesday after reports emerged of significant diplomatic advances bet…
6 May, 2026 7:30 pm
Wall Street’s Digital Shift: Traditional Finance Moves Toward a New Blockchain Era
Global financial markets are undergoing a major transformation as traditional assets begin moving to…
6 May, 2026 4:58 pm
Dollar Tumbles as Iran Peace Deal Sparks Risk-On Frenzy: Yen Surges on Fresh Intervention Bets
Key Takeaways Dollar in retreat: The DXY fell 0.7% to 97.79, with the euro climbing 0.7% to $1.1771 …
6 May, 2026 3:48 pm
AXIOS: White House on Brink of One-Page War Deal as 48-Hour Countdown Begins
Key Takeaways Closest yet: The White House believes it is approaching a one-page memorandum of under…
6 May, 2026 2:57 pm
Oil Crashes Over 9% as Iran Peace Deal Looms: Brent Plunges Toward $100 on Bombshell Axios Report
Key Takeaways Brent and WTI tumble: Brent oil futures plunged 8.1% to $101.02 per barrel, while WTI …
Market Analysis
July, 2020
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1 July 2020 2:13 pm
Eurozone PMI Manufacturing Finalized at 47.4
Eurozone PMI Manufacturing was finalized at 47.4 in June, up from 39.4 in May a report by IHS Markit said. The index was in contraction below 50 for 17 consecutive months. and had fallen to 33.4 in April. The report stated: “Eurozone manufacturing sector continues to contract sharply,” “There was …
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1 July 2020 1:54 pm
UK Manufacturing Activity Picked Up in June
After the Great collapse due to COVID 19 pandemic, the UK manufacturing sector returned to recovery after it began to stabilize last June. IHS Markit’s Purchasing Managers Index (PMI) posted 50.1 compared to 40.7 in May, in line with economists’ expectations. PMIs are given on a scale of 0 to …
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1 July 2020 1:13 pm
Dubai’s Economy Shrank by 3.5% in Q1 Amid Coronavirus Pandemic
The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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