Market Analysis

January, 2025

  • 15 January 2025 12:25 am

    US Dollar Retreats After Softer-Than-Expected PPI Data

    The US Dollar experienced a minor setback following the release of the December Producer Price Index (PPI) data, which came in below market expectations. This unexpected development ignited fresh debates about the trajectory of inflation and the potential impact on the Federal Reserve’s monetary policy.The softer-than-expected PPI figures, with core …

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  • 14 January 2025 11:30 pm

    Canadian Dollar Gains Ground as US Dollar Eases

    Bank of Canada

    The Canadian Dollar (CAD) experienced a modest appreciation on Tuesday, gaining ground against the US Dollar (USD) as softer-than-expected US Producer Price Index (PPI) data eased market concerns about inflationary pressures.US PPI Data Eases Market Tensions The December PPI data revealed a slower-than-anticipated acceleration in inflation. Headline PPI rose by …

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  • 14 January 2025 10:33 pm

    Oil Sees Mixed Signals as US Demand Forecast Meets Russian Sanctions

    Oil prices experienced a modest decline on Tuesday after the US Energy Information Administration (EIA) released its forecast for steady US oil demand in 2025 and 2026. This downward trend, however, was partially offset by the recent US sanctions imposed on Russian oil exports to major buyers like India and …

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  • 14 January 2025 10:11 pm

    XAU/USD Benefits From Softer USD Post-PPI Data

    Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint hope that the Federal Reserve would continue on its rate-easing path this year, sending the dollar lower. Spot gold gained 0.3% to $2,671.27 per ounce. US gold futures settled 0.1% higher …

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  • 14 January 2025 8:46 pm

    Can Looming Earnings Season Revive US Stock Market Rally?

    The exuberant rally that propelled the S&P 500 to record highs following the 2024 election has encountered a significant headwind. A recent wave of economic data, particularly the robust December jobs report, has injected a dose of caution into the market. This unexpected strength in the labor market has fueled …

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  • 14 January 2025 7:43 pm

    EUR/USD Faces Resistance Amid Inflation Concerns

    The EUR/USD pair faces resistance above 1.0270 as the US Dollar strengthens. Anticipation of President-elect Trump’s policies, including potential inflationary measures, is boosting the Greenback.While the Euro showed strength earlier, the US Dollar’s rebound, fueled by robust US job growth and expectations of limited Fed rate cuts, is hindering further …

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  • 14 January 2025 6:47 pm

    US Producer Prices Rise at a Slower Pace in December, Hinting at Easing Inflation Pressures

    Producer prices in the U.S. increased at a more moderate pace in December, suggesting a potential easing of inflationary pressures that could influence the Federal Reserve’s monetary policy decisions in 2024. Key Highlights PPI Growth: The Producer Price Index (PPI) for final demand rose 0.2% month-on-month, below November’s 0.4% increase …

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  • 14 January 2025 4:48 pm

    Russia Fines Google $77.9 Million for Non-Compliance with Previous Penalties

    A Russian court has imposed an 8 billion rouble ($77.9 million) fine on Google, marking a substantial escalation in penalties against the tech giant for failing to comply with previous administrative orders. The decision, announced by Moscow’s Chertanovo District Court, reflects heightened tensions between Russia and foreign technology platforms. Key …

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  • 14 January 2025 3:13 pm

    Supertanker Freight Rates Surge Amid Expanded U.S. Sanctions on Russia’s Oil Industry

    Freight rates for supertankers have soared following the latest U.S. sanctions targeting Russia’s oil exports. These measures have driven traders to secure alternative shipping routes and vessels to deliver crude supplies to major buyers such as China and India, industry sources reported. Key Drivers of Freight Rate Increases Sanctions on …

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  • 14 January 2025 12:54 pm

    European Shares Recover, Led by Automobiles and Mining Stocks

    European markets regained some ground on Tuesday following two consecutive sessions of losses, with easing bond yields and strong performance in the automobile and mining sectors driving early-session gains. The pan-European STOXX 600 rose 0.6% by 0823 GMT after declining by 1.4% over the previous two sessions. Key Sector Performance …

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  • 14 January 2025 11:31 am

    Bitcoin Gains Amid Caution Ahead of U.S. Inflation Data; Tether Relocates to El Salvador

    Bitcoin prices saw a modest rise on Tuesday, reversing recent muted performance as traders prepared for a pivotal U.S. inflation report that could shape the Federal Reserve’s interest rate strategy. Bitcoin climbed 1% to $95,374.2 by 00:19 ET (05:19 GMT), recovering from a session low of $89,664.8 on Monday as …

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  • 14 January 2025 10:51 am

    Gold Prices Steady on Tariff Speculation and Inflation Data Awaited

    Gold prices saw a slight rebound during Asian trade on Tuesday, recovering from overnight losses as markets assessed the potential impact of President-elect Donald Trump’s proposed trade tariffs. The dollar’s strength, near a two-year high, continued to weigh on the yellow metal, while traders awaited key U.S. inflation data due …

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  • 14 January 2025 12:39 am

    Oil Prices Touch Five-Month High Amid Sanctions on Russia

    Oil prices extended their upward trajectory on Monday, reaching a five-month high on worries about potential supply disruptions impacting major importers like China and India. These concerns stem from the wide-ranging sanctions imposed by the US on Russia, targeting oil executives, traders, and a significant number of vessels involved in …

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