The US Dollar and the majority of riskier assets were essentially steady from Monday’s closing levels, despite the indecisive price action in the Forex market on Tuesday due to persistent anticipation of a rate cuts by the Fed in September.As Tuesday’s trading day came to a finish, the positive impact …
Read More »Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
Market Analysis
July, 2024
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16 July 2024 11:18 pm
Fed’s Kugler: It will be appropriate to cut rate on cooling labour
Dr. Adriana Kugler, member of the Fed Board of Governors, pointed out on Tuesday that although inflationary pressures have undoubtedly decreased, the Fed still needs to complete some parts of the rate-cutting puzzle before it can move on rates.Key QuotesIf incoming data does not provide confidence that inflation is moving …
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16 July 2024 10:51 pm
Dow Jones Gains 680 Points After Retail Sales Data
Dow Jones surged 1.7% in a single trading day as rate cut hopes accelerate. Easing US Retail Sales data reignited market bets of a September rate cut. Dow Jones sets a new record high for a second day in a row.Dow Jones surged to a second record-setting day in a …
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16 July 2024 10:05 pm
Dollar Strengthens Against Yen Despite Yentervention Concerns
The US dollar has gained significant ground against the Japanese yen, even amidst fears of intervention by the Bank of Japan. During yesterday’s trading session, the USD/JPY pair reached 158.30, following an earlier low of 157.97. Tokyo data reveals that approximately 2.14 trillion Japanese yen (equivalent to 13.5 billion US …
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16 July 2024 8:38 pm
Crude oil further declines on Chinese demand concerns
West Texas Intermediate (WTI) crude oil prices dropped below $80.00 per barrel due to weakening Chinese demand. The market decline is persisting, and bids are approaching long-term averages, leading to a slowdown in the WTI bull run.Tuesday saw a decline in WTI oil as investors were increasingly concerned about the …
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16 July 2024 7:41 pm
Bank of America Stock leaps post Q2 results
Higher consumer interest rates continued to hurt profitability in the US banking sector, as Bank of America said on Tuesday that its Q2 profit decreased 6.8% from the same period last year. Nonetheless, as total earnings exceeded analysts’ projections, the stock surged more than 4%, surpassing the S&P 500’s 0.2% …
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16 July 2024 6:41 pm
Explainer: Why Morgan Stanley’s Earnings Represent “A Tale of Two Businesses”
For most investors, Morgan Stanley’s Q2 earnings release painted a mixed image. Despite the bank’s total performance exceeding forecasts, a critical area of concern kept Wall Street’s response subdued.Investment Banking SoarsMorgan Stanley’s investment banking segment was its strong point. Due to an increase in dealmaking activity, this segment—which assists businesses …
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16 July 2024 2:56 pm
Japan Keeps Markets on Edge as Yen Intervention Remains a Possibility
Japanese authorities are keeping markets on high alert as they reaffirm their commitment to take necessary measures against excessive volatility in the yen. The recent sharp decline of the currency to 38-year lows has sparked speculation about potential government intervention, and recent statements by Chief Cabinet Secretary Yoshimasa Hayashi have …
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16 July 2024 12:57 pm
Oil Prices Fall on China’s Economic Slowdown Concerns Despite Expected Fed Rate Cuts
Oil prices experienced a decline on Tuesday due to worries about a slowing Chinese economy potentially reducing oil demand. This occurred despite a growing consensus that the U.S. Federal Reserve might begin cutting interest rates as early as September. Key Points: Chinese Economic Slowdown: China’s weaker-than-expected economic growth in the …
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16 July 2024 7:24 am
How have markets reacted to the Trump assassination attempt?
The assassination attempt on US President and 2024 presidential candidate Donald Trump put the financial markets to a difficult test as a new week of trading began.The markets showed slight confusion at the beginning of trading on Monday, but risk appetite quickly took control of the price movement in the …
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15 July 2024 9:11 pm
Powell: Decisions to be made on a meeting-by-meeting basis
Fed Chairman Jerome Powell noted that the US economy has performed remarkably well in recent years while giving a nod of the head to recent inflation readings. The head of the Fed also reaffirmed that the Fed won’t be waiting until inflation reaches the 2% annual target.Key QuotesEconomy performed remarkably …
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15 July 2024 8:31 pm
Gold surges above $2,430 on back of rate-cut bets
Gold price gains above $2,430, driven by growing speculation for Fed rate cuts in September. Softer-than-expected US inflation for June indicated that price pressures are on course to return to 2%.Investors await Fed Powell’s speech and the US Retail Sales data for June. The XAU/USD Index resumes its upside journey …
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15 July 2024 7:26 pm
BlackRock Reports 2024’s Q2 Earnings
BlackRock released its financial results for 2024’s Q2 on Monday. As a fiduciary to investors and a leading provider of financial technology, the company helps millions of people build savings that serve them throughout their lives by making investing easier and more affordable. BlackRock BLK +0.67% saw a modest increase …
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