Gold prices edged up on Friday, lifted by a weakening dollar and ongoing geopolitical tensions. However, the gains were not enough to offset a sharp decline earlier in the week, leaving gold on track for its worst monthly performance since September 2023. The price increase came despite a broader rise …
Read More »Behind the Scenes: Netflix Steps Aside as Paramount Moves to Seize Warner in $31 Share Showdown
In a dramatic twist that could redraw the map of global entertainment, Netflix has declined to raise…
Explainer: Geneva Talks Signal a Critical Crossroads As Diplomacy Weigh Market Sentiment
The nuclear negotiations between the United States and Iran on February 26, 2026, in Geneva were not…
Euro Slips Under Pressure from Stronger Dollar
The weaker than expected Eurozone data weighs on market sentiment on Thursday. The euro fell against…
Gold Defies Strong Dollar as Middle East Tensions and Rate Cut Hopes Fuel Demand
Gold remained steady above $5,170 as heightened tensions in the Middle East sustained investor deman…
Wall Street Wavers as AI Fears Shake Tech Stocks
While institutional investors have been selling off software stocks amid concerns about artificial i…
Dollar Pulls Back Against Yen as Rate Expectations Clash Across the Pacific
The US Dollar eased against the Japanese Yen on Thursday, retreating after two consecutive days of g…
Crude Oil Caught Between Diplomacy and Oversupply
Oil prices steadied after recent losses, as traders weighed rising geopolitical tensions against cle…
Measured Uptick in Jobless Claims Signals a Stabilizing U.S. Labor Market
Weekly jobless claims in the United States edged slightly higher last week, reinforcing signs that t…
Stronger UK Data Complicates the Case for BoE’s Rate Cuts
The outlook for interest rates in the UK has become less predictable after a run of firmer-than-expe…
U.S. Futures Slip as Nvidia Earnings Sink In and Investors Eye U.S.-Iran Nuclear Talks
U.S. stock index futures edged modestly lower on Thursday as investors digested quarterly results fr…
Market Analysis
December, 2024
November, 2024
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30 November 2024 3:14 am
Record-Breaking November Caps Strong Year for US Stocks
November 2024 was a month to remember for US stock market investors. The Dow Jones Industrial Average and the S&P 500 both closed at record highs, marking a significant milestone in the ongoing bull market. This strong performance was driven by a combination of factors, including robust corporate earnings, optimistic …
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30 November 2024 2:44 am
Gold Spikes Amid Tensions, But Can It Sustain the Rally?
Gold prices have surged in recent weeks, fueled by escalating geopolitical tensions and concerns about global economic stability. As the Russia-Ukraine conflict continues to escalate and the Middle East remains a volatile region, investors have sought refuge in gold, driving its price to levels not seen in years. A Perfect …
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29 November 2024 11:37 pm
Will Trump’s Potential SEC Chair Pick Change Future of Crypto Regulation?
President-elect Donald Trump is expected to select a new chair for the U.S. Securities and Exchange Commission (SEC) soon. Among the top contenders is current SEC Commissioner Mark Uyeda, who has outlined a plan to position the U.S. as a global leader in cryptocurrency. This article explores Uyeda’s proposed strategies …
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29 November 2024 10:23 pm
Crypto Market Update: Bitcoin Surges, Altcoins Lag
Bitcoin Dominance GrowsBitcoin (BTC) continued its upward trajectory, surpassing the $97,000 mark. This surge in BTC’s price has led to increased Bitcoin dominance, indicating a shift in investor preference towards the leading cryptocurrency. As a result, many altcoins have seen their prices decline relative to Bitcoin.Impact of the Tornado Cash …
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29 November 2024 9:19 pm
US Dollar Stabilizes After Early Friday Weakness
The US Dollar Index (DXY) recovered from early Friday lows, trading near the 106.00 level. The index had dipped below this level as US markets opened on Black Friday after a holiday-shortened week.Key Factors Influencing the DXY:Hawkish Fed Stance: The Federal Reserve’s continued hawkish stance, signaling potential future rate hikes, …
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29 November 2024 7:36 pm
Gold Shines Amidst Geopolitical Turmoil, Economic Uncertainty
Gold prices have surged in recent weeks, driven by a confluence of factors including escalating geopolitical tensions, economic uncertainty, and a weakening US dollar. As investors seek safe-haven assets, gold has emerged as a preferred choice, reinforcing its traditional role as a hedge against inflation and market volatility.Geopolitical Tensions Fuel …
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29 November 2024 4:58 pm
Oil Prices Decline as Supply Concerns Ease and 2025 Outlook Weighs on Market Sentiment
Oil prices slid on Friday, marking a weekly drop of over 3%, as the easing of geopolitical tensions and expectations of increased supply in 2025 overshadowed ongoing production cuts by OPEC+. The market continues to grapple with mixed signals, balancing near-term output restrictions with forecasts of a supply surplus in …
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29 November 2024 12:43 pm
German Retail Sales Decline Sharply in October, Surpassing Expectations
German retail sales contracted by a larger-than-anticipated margin in October, highlighting ongoing consumer uncertainty amid challenging economic conditions. Monthly sales fell by 1.5%, significantly exceeding the 0.3% decline predicted by analysts polled by Reuters, according to data released on Friday by the German Federal Statistical Office. Mixed Sector Performance The …
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29 November 2024 11:29 am
Gold Prices Rally on Weak Dollar and Geopolitical Tensions
Gold prices edged higher in Asian trade on Friday, driven by a weaker dollar and heightened geopolitical tensions, as traders positioned themselves ahead of a potential December interest rate cut by the Federal Reserve. The precious metal, often viewed as a safe haven, regained some of the ground lost earlier …
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29 November 2024 8:39 am
Santa Rally, Market Outlook for December 2024 and Beyond
As the year draws to a close, investors are keenly watching for the much-anticipated “Santa rally,” a phenomenon where stock markets tend to rise during the final trading days of December and the first two trading days of January. Historically, this period has seen positive momentum, driven by factors such …
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29 November 2024 3:07 am
Market Drivers; US Session: Oil Rebounds, Gold Gains Amid Thanksgiving Holiday
Oil prices rebounded at the end of Thursday’s trading, benefiting from an exchange of accusations between Hezbollah and Israel over breaches of the ceasefire agreement reached in recent days.Geopolitical tensions and related concerns, particularly affecting financial markets and oil, escalated after Israeli tanks shelled areas in southern Lebanon on Thursday. …
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29 November 2024 2:47 am
Explainer: Key Economic Policies of Donald Trump
On January 20, 2025, President-elect Donald Trump will officially take office after winning the 2024 presidential election. This calls for a closer look at the key policies expected to be implemented by the Republican president upon assuming power. Trump’s policies primarily focus on imposing more protectionist measures, including tariffs on …
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