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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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16 June, 2026 1:25 am
Rates Higher for Longer: The Four Words Looming Over Wall Street, Main Street
Millions of Americans hoping for lower borrowing costs this summer are likely to be disappointed.Whe…
16 June, 2026 12:33 am
Brent Slides 3.7%, WTI Drops 3.5% as Hormuz Reopening Eases Energy Stress
Oil Plunges More Than 5% as Hormuz Reopening Sparks Global Market RallyA Peace Deal Rewrites the Mar…
15 June, 2026 11:43 pm
Gold Throws a Peace Rally as US-Iran Breakthrough Rewrites the Market Narrative
For weeks, markets were trading the fear of conflict. On Monday, they suddenly had to price in the p…
15 June, 2026 11:03 pm
US Dollar Retreats as Middle East Peace Hopes Grow, but Fed Keeps Bulls Interested
The US dollar started the week under pressure as investors reacted to growing optimism surrounding a…
15 June, 2026 9:57 pm
June 19: US-Iran Memorandum Nears Signature as Crypto Markets Brace for Ripple Effects
A planned memorandum of understanding between the United States and Iran, expected to be signed on J…
15 June, 2026 8:53 pm
Why it matters: US Factory Momentum Cools as Industrial Output Misses Forecasts
Growth in US industrial production slowed sharply in May, adding to signs that the country’s m…
15 June, 2026 7:47 pm
Japanese Yen Gains Ground After Weak US Industrial Output Ahead of BoJ Rate Decision
Yen Advances as US Economic Data DisappointsThe Japanese yen strengthened on Monday after weaker-tha…
15 June, 2026 7:08 pm
Industrial Stocks Surge to Record High as US-Iran Peace Breakthrough Lifts Market Confidence
US industrial stocks climbed to a record high on Monday as investors welcomed news of an interim pea…
15 June, 2026 5:41 pm
Wall Street Futures Surge as U.S.-Iran Peace Deal Confirmed: Nasdaq Soars 2%, SpaceX Tops $2 Trillion
Key Takeaways Futures explode higher: S&P 500 futures jumped 1.2%, Nasdaq 100 futures surged 2.1…
15 June, 2026 4:43 pm
Bitcoin Climbs 2.3% as Iran Peace Deal Sparks Risk-On Rally: ETF Exodus Slows But Extends to Fifth Week
Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 2.3% to $65,809.9, continuing …
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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