The US dollar weakened again today as continued signs of cooling inflation diminished expectations for further interest rate hikes. The Dollar Index fell to its lowest level in several days as July’s CPI data reinforced the trend of declining inflation.Key economic indicators will be released today in the US, including …
Read More »Market Movers – US Session: US Jobs Data Boosts Risk Appetite, Trump To Sign “Big, Beautiful Bill”
The US session on July 4, 2025, is expected to be subdued due to the Independence Day holiday, with …
Will Trump Postpone the Tariff Deadline Beyond July 9, 2025? Who is Closest to Framework Agreements?
As the July 9, 2025, deadline for President Donald Trump’s “reciprocal” tariffs ra…
Canadian Dollar Gains Momentum as U.S. Jobs Data Boosts Market Optimism
The Canadian Dollar climbed against the U.S. Dollar, pushing the USD/CAD pair toward multi-month low…
Will Robust Jobs Data, Trump’s Fed Pressure Reshape Wall Street’s Momentum?
Wall Street surged, with the S&P 500 up 0.83%, Nasdaq up 1.02%, and Dow Jones Industrial Average…
Just Passed by Both Chambers: Trump’s “One Big Beautiful Bill” Sparks Economic Hope, Deficit Debate
On Thursday, July 3, the U.S. House of Representatives passed President Donald Trump’s “One Big Beau…
Can Trade Optimism Sustain Oil Price Recent Gains Ahead of OPEC+ and Tariff Risks?
On July 3, 2025, Brent crude futures dipped to $68.74 per barrel, down 0.54%, while WTI crude future…
US Treasury Secretary: It’s up to Fed to decide on rates, Powell replacement discussions set for fall
U.S. Treasury Secretary Scott Bessent emphasized that interest rate decisions rest with the Federal …
GBP/USD Holds Firm Amid US Jobs Strength and UK Reeves Uncertainty
The GBP/USD pair showed resilience, trading 17% up, steadily at 1.3654 despite a robust US jobs repo…
Has Surprisingly Strong Jobs Report Dashed Hopes for Sooner Rate Cuts?
The robust U.S. jobs report for June, released on July 3, 2025, has upended expectations for a Feder…
U.S. Nonfarm Payrolls Report: June Data Shows Better-than-Expected Job Growth
The U.S. job market showed stronger-than-expected growth in June, according to the latest data from …
Market Analysis
August, 2024
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15 August 2024 4:06 am
Price Outlook: Four factors could push oil higher, including inflation data
Even if oil prices have dropped recently, there are some encouraging signs that can help them rise once again in the near future. The aforementioned factors encompass geopolitical conflicts, global demand, and additional economic conditions-related factors. The negative effect from OPEC’s reduction of its forecasts of global oil demand last …
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15 August 2024 2:12 am
Cisco cuts 7% workforce by 7%, reports Q3 earnings
Cisco reported its third consecutive quarter of declining revenue, marking its first full fiscal year drop since 2020. The company is cutting 7% of its global workforce, with earnings and revenue topping analysts’ estimates. Cisco announced in a filing that it will implement a restructuring plan that will result in …
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15 August 2024 12:12 am
IS CPI Cooling a Green Light for Fed’s Rate Cut?
The Consumer Price Index Report for July represented the awaited last obstacle to be overcome before the Federal Reserve cuts interest rates in September, just before their most recent meeting. Though even if the CPI figure is on the strong side, weaker-than-expected labour-market data since then indicates a drop is …
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14 August 2024 11:44 pm
Dow Rallies After US CPI Report
Investors may almost be certain that the Federal Reserve will drop interest rates initially next month—perhaps not dramatically. This is based on the most recent inflation data.In the 12 months leading up to July, the consumer price index indicated 2.9% growth in prices, which was less than the 3% forecast …
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14 August 2024 10:29 pm
US inflation hits lowest level in three years
US inflation has hit its lowest level in three years on an annual basis in July, setting the Federal Reserve to cut interest rates soon to take pressure off the economy. This reading was the clearest indication yet that inflation is heading back to normal levels from 40-year highs without …
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14 August 2024 8:36 pm
Oil Prices Fluctuate Amid Middle East tensions
A surprising increase in US commercial crude oil inventories has ignited market speculation as geopolitical tensions simmer in the Middle East. The US Energy Information Administration reported a 1.4-million barrel build in oil stockpiles for the previous week, a stark contrast to the American Petroleum Institute’s estimate of a 5.2 …
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14 August 2024 6:58 pm
US Dollar Declines Following Soft CPI Reading
The US Dollar has seen a slight decline due to lower US inflation, which has dampened its appeal. The softer but in-line CPI figures have given markets reason to feed on a dovish narrative, and markets still anticipate the first rate cut in September. The market’s expectations for the impending …
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14 August 2024 1:59 pm
Japan’s Prime Minister Kishida to Resign Amid Scandals and Public Discontent
Japan’s Prime Minister Fumio Kishida announced on Wednesday that he will step down next month, bowing to public dissatisfaction over political scandals and rising living costs that have overshadowed his three-year tenure. His resignation will trigger a leadership contest within the ruling Liberal Democratic Party (LDP) in September to choose …
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14 August 2024 12:12 pm
UK Inflation Rises in July but Falls Short of Expectations
British consumer price inflation saw its first increase of the year in July, according to official figures released on Wednesday. However, the rise was more modest than anticipated, as the prices for services—a key focus for the Bank of England (BoE)—increased at a slower pace. The annual consumer price inflation …
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14 August 2024 10:28 am
Oil Prices Rise Amid U.S. Inventory Drops and Middle East Tensions
Oil prices climbed on Wednesday, driven by a decline in U.S. crude and gasoline inventories and concerns over potential escalations in the Israel-Gaza conflict that could impact global oil supplies. By 0540 GMT, Brent crude futures had increased by 56 cents, or 0.7%, to $81.25 a barrel. Similarly, U.S. West …
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14 August 2024 5:48 am
The US dollar continued its losing streak on Tuesday, marking the third consecutive day of declines. This weakening of the greenback is a direct reflection of the broader risk-on sentiment that has gripped financial markets. As investors digested recent economic data and eagerly awaited the crucial US inflation report, the …
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14 August 2024 2:38 am
A Closer Look on China’s Oil Demand, Latest Outlook by OPEC+
China’s recent dip in oil imports is a puzzle with many pieces. It’s not simply about weaker demand; there’s a bigger story unfolding.For starters, China’s been busy filling its strategic oil reserves. Think of it as a nation stocking up for a rainy day, much like a homeowner preparing for …
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