Bank of Canada (BoC) Governor Tiff Macklem noted early Tuesday that the BoC will continue to carefully watch consumer conditions in Canada, reiterating that the BoC’s timing and pace of rate cuts will be dependent on data.Key highlightsWith continued progress we’ve seen on inflation, it is reasonable to expect further …
Read More »Dow Jones Rebounds: Unexpected Durables Strength and Tariff Hopes Fuel Market Rally
The Dow Jones Industrial Average (DJIA) demonstrated a notable recovery on Friday, clawing back rece…
Oil Under Pressure: Brent and WTI Drop as Supply Surges and Demand Outlook Clouds
Global oil markets are facing renewed pressure, with both West Texas Intermediate (WTI) and Brent cr…
US Treasury Yields Climb As Countdown For Fed’s Policy Meeting Begins
As financial markets gear up for the central bank’s pivotal meeting next week, the US 10-Year …
Euro Stands Strong Amidst Global Trade Disputes
The Euro has demonstrated remarkable resilience in recent months, emerging as a top performer among …
Major Trade Breakthrough: EU and US Nearing Framework Agreement This Weekend
Optimism is building for a significant advancement in transatlantic trade relations, as officials fr…
U.S. Stock Futures Edge Higher as Investors Digest Earnings and Trade Deal Optimism
U.S. stock index futures were on the rise Friday, capping off a generally positive week as investors…
Bitcoin Drops Below $116,000 as Caution Mounts Ahead of U.S. Fed Meeting and Crypto Policy Report
Bitcoin faced a decline on Friday, dropping below $116,000 amidst growing caution in the market. The…
Noor Capital | Interview with Mohammed Hashad on Dubai TV – July 24, 2025
Commenting on Key Financial Assets: An Interview with Mohamed Hashad, Chief Strategist at Noor Capit…
European Stocks Dip Amid Trade Uncertainty; Oil Prices Rise on Trade Optimism
Corporate Woes Amid Tariff Concerns and EU-U.S. Trade Deal Talks European stocks faced a dip on Frid…
UK Retail Sales Rebound in June, Signaling Economic Recovery Amidst Uncertainty
Monthly and Yearly Gains Reflect Consumer Resilience Retail sales in the United Kingdom saw a robust…
Market Analysis
September, 2024
-
24 September 2024 8:27 pm
US Dollar Weakened Following Soft Economic Data
The US Dollar experienced a decline in recent trading sessions, primarily driven by weaker-than-expected economic data. The release of the Consumer Confidence and Richmond Fed Manufacturing Index for September both fell below market expectations, suggesting a potential for more aggressive interest rate cuts by the Federal Reserve in the coming …
Read More » -
24 September 2024 7:09 pm
The Euro’s Resurgence Reflects Shifting Landscape for Global Currencies
The Euro has witnessed a remarkable resurgence in recent weeks, buoyed by increasing expectations that the Federal Reserve (Fed) will significantly cut interest rates in the coming months. This shift in sentiment has been driven by a confluence of factors, including weakening economic indicators in both the US and Eurozone, …
Read More » -
24 September 2024 2:49 pm
German Business Morale Dips, Signaling Possible Recession
German business sentiment took another hit in September, falling for the fourth consecutive month, according to a recent survey released on Tuesday. This dip adds to growing concerns that Europe’s largest economy may have slipped into recession. The Ifo Institute’s business climate index, a widely watched gauge of business morale, …
Read More » -
24 September 2024 2:09 pm
Oil Prices Rise on Chinese Stimulus and Middle East Tensions
Oil prices surged on Tuesday, buoyed by news of significant monetary stimulus from China, the world’s largest oil importer, alongside escalating tensions in the Middle East and concerns over potential supply disruptions in the United States due to another looming hurricane. Brent crude futures climbed by 1.8%, reaching $75.24 per …
Read More » -
24 September 2024 9:32 am
Gold Prices Hit Record Highs Amid Fed Rate Cut Optimism; Copper Rallies on Chinese Stimulus Measures
Gold prices surged to record highs in Asian trading on Tuesday, building on recent gains driven by optimism over U.S. interest rate cuts, while copper prices rallied sharply following a wave of stimulus measures announced by the Chinese government. These developments are setting the stage for a dynamic week in …
Read More » -
24 September 2024 2:44 am
Market Drivers; US Session, September 23
The US Dollar, once a stalwart symbol of global economic stability, has found itself in a state of flux following the Federal Reserve’s recent decision to cut interest rates. This strategic move, aimed at stimulating economic growth, has had far-reaching implications for the currency’s value and its role in the …
Read More » -
24 September 2024 1:06 am
Intel’s Stock Surge: Further Hope Amid Economic Uncertainty
Intel’s recent stock surge, fueled by potential investments from Apollo Global Management and Qualcomm, has sent ripples of optimism through the technology sector. As the global economy navigates a complex landscape of economic uncertainties, Intel’s resurgence offers a glimmer of hope for investors and industry observers alike.Investors should closely monitor …
Read More » -
24 September 2024 12:02 am
US Dollar steadies as investors digest S&P Global PMIs
Despite poorer PMI data, the US currency held constant and even increased on Monday. The market pricing in 75 basis points of Fed easing by year-end. The Federal Reserve’s Goolsbee pledged that “many cuts” will be necessary in 2019. There are signs that the US economy is growing, even if …
Read More » -
23 September 2024 11:17 pm
US Treasury yields firm on Fed’s signals about gradual easing ahead
US Treasury yields are stable despite growing anticipation for the Fed to drop rates again after a 50 basis point decrease last week. Both Atlanta’s Bostic and Minneapolis Fed President Kashkari favor modest rate reductions; Kashkari projects that rates will reach 4.4% by the end of 2024. Bostic downplays the …
Read More » -
23 September 2024 10:41 pm
XAU/USD steadies above $2,600 on further rate cut hopes, Middle East tensions
Expectations of a rate cut by the Federal Reserve in November and declining US Treasury yields propel gold to a new all-time high. S&P Global Flash PMIs show that while the manufacturing sector is resilient, the US economy is not as strong in the manufacturing sector.While retaining policy flexibility and …
Read More » -
23 September 2024 9:09 pm
Euro Retreats On Fresh Recession Fears
Monday saw a temporary extension of the euro’s slide versus the US dollar as business activity figures for the euro zone economy disappointed. Prior to this, US statistics had indicated that activity remained stable. With markets already putting in a roughly 77% possibility for a cut of at least 25 …
Read More » -
23 September 2024 7:45 pm
Crude Oil surges after US PMI’s
Crude Oil advances higher after US PMI’s lead the way. Euopean PMI data shows a substantial decline in Services and Manufacturing activity in the region. The US Dollar Index strengthens on Monday, with European investors heading into the safe haven US dollar. Crude Oil makes a run for it and …
Read More »