Bitcoin’s price surged on Wednesday, driven by a wave of global monetary easing that funneled more investments into risk-driven assets. The world’s largest cryptocurrency is now eyeing a major breakout, supported by recent stimulus measures from China and expectations of interest rate cuts from both the Swiss and Swedish central …
Read More »US Session Recap: Commodities Take A Significant Hit
Global financial markets saw a significant shift as the US Dollar (USD) staged a solid comeback, enj…
Q3 Earnings: Netflix’s Revenue Climbs 17% Amid Earnings Shortfall from Brazilian Tax Issue
Netflix unveiled its third-quarter 2025 financial results on October 21, emphasizing revenue growth …
Traders Bet on Further US Treasury Rally as Yields Slide and Shutdown Fuels Flight to Safety
Bond traders are increasingly positioning for a deeper decline in U.S. Treasury yields, even after t…
Dow Jones Breaks Records as Strong Earnings Spark Wall Street Rally
The Dow Jones Industrial Average soared to a new all-time high on Tuesday, surpassing the 47,000 mar…
Oil Prices Find Footing as Market Balances Oversupply Fears and Trade Tensions
Oil prices steadied on Tuesday after sliding to their lowest levels since early May, as investors we…
Gold Retreats as Trade Optimism and Dollar Strength Shake Markets
Gold prices fell sharply this week after briefly touching record highs, as renewed optimism over glo…
Fed Poised for Trimming Rate Twice This Year Amid Economic Uncertainty
The U.S. central bank is widely expected to lower its benchmark interest rate twice more before the …
Bitcoin Rebounds as Gold Suffers Its Sharpest Fall in Years: A Market Shift in Motion
Bitcoin staged a powerful comeback on Tuesday, climbing back above the $113,000 mark after briefly d…
Canada’s Inflation Rises Slightly, Keeping Pressure on the Bank of Canada
Canada’s Consumer Price Index (CPI) edged higher in September, signaling a modest uptick in inflatio…
Oil Prices Edge Higher as Traders Weigh Oversupply Risks and Trade Outlook
Oil prices rebounded modestly on Tuesday, recovering from their sharp decline in the previous sessio…
Market Analysis
September, 2024
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25 September 2024 10:11 am
Bitcoin Nears Key Breakout as Global Monetary Easing Boosts Risk Appetite
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25 September 2024 9:30 am
Asian Stocks Rise as Chinese Stimulus Sparks Optimism
Most Asian stock markets experienced gains on Wednesday, buoyed by a series of new stimulus measures unveiled by Beijing aimed at bolstering economic growth. The positive momentum from Wall Street, where technology stocks drove the S&P 500 and the Dow Jones Industrial Average to record highs, also contributed to the …
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25 September 2024 12:58 am
Market Drivers; US Session, September 24, 2024
The global financial markets experienced a significant surge on Tuesday, buoyed by China’s aggressive stimulus measures and continued interest rate cuts by the Federal Reserve. The S&P 500 and Dow Jones Industrial Average both reached new all-time highs, while Chinese stocks soared in response to the economic stimulus.Key Drivers of …
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25 September 2024 12:46 am
Stock Market Higher on China’s Stimulus, Fed Rate Cuts
The US stock market continued its upward trajectory, with both the S&P 500 and Dow Jones Industrial Average hitting fresh record highs on Tuesday. This surge was primarily driven by China’s aggressive stimulus measures and ongoing Federal Reserve rate cuts.China’s Stimulus Ignites Global Markets:China’s announcement of a significant stimulus package, …
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25 September 2024 12:19 am
XAU hits a record high as US consumer confidence declines
Amidst a decline in US consumer confidence and a falling US dollar, gold reaches a new all-time high of $2,655, with XAU/USD trading at $2,651. Fed Governor Michelle Bowman suggests reducing interest rates gradually. Middle East geopolitical unrest also increases demand for gold as a safe haven, pushing the price …
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24 September 2024 11:46 pm
China Launches Stimulus to Bolster Flagging Economy
China’s People’s Bank of China (PBOC) Governor Pan Gongsheng has announced plans to lower borrowing costs and allow banks to increase lending, following disappointing data that has raised expectations that the world’s second-largest economy will miss its 5% growth target this year. The move comes after a series of disappointing …
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24 September 2024 9:16 pm
Macklem: BoC looks for continued easing of inflation to 2%
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 …
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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 …
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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, …
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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, …
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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 …
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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 …
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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 …
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