European stocks saw a mixed but generally positive start to Friday’s trading session, with notable performances in certain sectors offsetting broader market dynamics. Here’s a breakdown of the key movements and factors shaping the early market activity: Modest Rise in European STOXX 600 Index At the open, the European STOXX …
Read More »Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand
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EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out
European gas markets are tense as the EU tightens methane emissions rules while aiming to end Russia…
USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution
The USD/JPY pair surged above 144.00 on June 13, 2025, so, the pair was trading at 144.14, before st…
Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver
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Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears
Israeli airstrikes on Iranian nuclear and military sites on June 13, 2025, have fueled fears of a wi…
Consumer Sentiment Surges as Trade Tensions Ease and Inflation Fears Cool
Consumer confidence in the U.S. rebounded sharply in early June 2025, with the University of Michiga…
Trump Urges Iran to Reach Nuclear Deal After Israeli Airstrikes, Fears of Escalating Conflict
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U.S. Stock Futures Drop as Israel-Iran Tensions Escalate, Oil Prices Surge
U.S. stock index futures dropped sharply on Friday after escalating tensions in the Middle East, tri…
Bitcoin Prices Drop Amid Middle East Tensions and Risk-Off Sentiment
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Market Analysis
February, 2024
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9 February 2024 3:06 pm
Nikkei Retreats from 34-Year Peak Amid Profit-Taking
The Nikkei index in Japan experienced a mild retreat at Friday’s close, stepping back from its highest level in 34 years as investors opted to cash in on gains. Here’s a breakdown of the key movements and factors influencing the market: Nikkei’s Modest Gain and Intraday High The Nikkei edged …
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9 February 2024 1:55 pm
Yen Slides to Ten-Week Low as Dollar Strengthens
The yen stumbled to its lowest point in ten weeks on Friday, while the dollar continued its upward trajectory for the fourth consecutive week. This shift comes as traders recalibrate their expectations regarding interest rate movements by central banks. Yen’s Decline and Dollar’s Advance The yen exhibited limited movement, hovering …
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9 February 2024 12:37 pm
Germany’s Inflation Eases in January
Germany’s Federal Statistics Office delivered news on Friday that confirmed earlier indications: inflation in the country receded in January, offering a potential reprieve from recent price surges. According to the official data, consumer prices, when harmonized for comparison with other European Union nations, increased by approximately 3.1 percent year-on-year in …
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9 February 2024 11:52 am
Oil prices are heading for weekly gains
In the realm of global markets, oil prices surged in early Friday trading, poised for significant weekly gains against a backdrop of escalating tensions in the Middle East. The region’s geopolitical landscape has been tumultuous, with Israel rejecting a ceasefire proposal from the Palestinian Islamic Resistance Movement (Hamas), further fueling …
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9 February 2024 11:12 am
Gold Prices Stabilize Amid Lunar New Year Holiday
Chinese Markets Closed, Dollar Strength Curbs Safe-Haven Demand Gold prices remained steady in subdued trading as Chinese markets observed the Lunar New Year holiday. Meanwhile, the dollar’s resilience dampened demand for safe-haven assets amid escalating tensions in the Middle East. Current Gold Prices and Market Activity At 0404 GMT, gold …
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9 February 2024 5:44 am
Market Drivers – US Session, February 8
Amid persistent rumours on a Fed interest rate cut in May, growing geopolitical concerns, and some comments implying that the ECB is not in a haste to start reducing rates, shifting trends in risk appetite ruled the mood across traded assets.In the midst of further repricing of an interest rate …
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9 February 2024 2:57 am
Additional $10 increase in crude oil prices expected by May
Crude oil futures rose sharply after Israel rejected a ceasefire offer in Gaza, reinforcing concerns of a wider Middle East conflict. The recent bombing of Rafah by Israeli forces in Gaza has also boosted crude prices. Geopolitical tensions, particularly between the US and Iran, have been a key source of …
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9 February 2024 1:50 am
Gold pressured by US dollar’s gains
Gold futures have declined since the opening of Thursday’s North American trading session due to the rise in the US dollar and renewed geopolitical concerns about the possibility of the war in Gaza expanding to other areas within the Middle East. The US dollar achieved limited gains due to Israeli …
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9 February 2024 12:14 am
S&P 500 briefly hits 5,000 for the first time
The S&P 500 briefly topped the 5,000 milestone for the first time ever, with the broad-based index finishing slightly higher at 4,997.91. The Dow Jones Industrial Average rose 48.97 points, or 0.13%, to end at 38,726.33, while the Nasdaq Composite gained 0.24% to close at 15,793.71. Strong earnings and a …
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8 February 2024 11:19 pm
US dollar steadily rose on positive Jobless Claims
The US dollar rose on Thursday, initially to 103.45 and then stabilizing at 104.15, following positive Initial Jobless Claims data. However, bulls are running out of steam due to a lack of fresh drivers and Fed speakers refusing to give additional guidance on the bank’s next steps concerning future rate …
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8 February 2024 10:17 pm
Could CPI revisions dampen optimism about inflation?
The Federal Reserve looks in no hurry to cut interest rate very soon. Last year’s revisions to the consumer price index (CPI) raised doubts on inflation progress, prompting Fed officials to seek more evidence before committing to interest-rate cuts. The Bureau of Labor Statistics regularly adjusts monthly CPI data to …
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8 February 2024 8:42 pm
EUR/GBP finds fresh modest gains despite dovish ECB
The EUR/GBP pair had a 0.10% increase on Thursday and is currently trading at 0.8540. The GBP will eventually gain from the ECB and BoE’s different monetary policies.The markets are pointing to an April rate cut from the ECB and a June rate cut from the BoE. The EUR/GBP pair …
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