Japan’s Nikkei index rose to its highest level in 34 years at the close thanks to the rise in technology companies’ shares, which tracked their American counterparts on Tuesday night, and the decline of the yen led to an increase in the profits of exporters. The Nikkei index jumped 2.01 …
Read More »Market Drivers: Assets Dance to CPI Data, US-China Trade Talks
Markets buzzed with activity on June 11, 2025, as assets like gold, silver, and the Canadian Dollar …
Silver Stalls Near 13-Year Highs: Trade Talks, CPI Data Hold the Key
Silver prices (XAG/USD) have hit a speed bump after a meteoric rise to 13-year highs near $37.00, no…
US-China Trade Deal: A Step Toward Stability or a Fragile Truce?
On June 11, 2025, President Donald Trump announced a US-China trade deal as “done” via h…
Gold Prices Surge on Cooling US Inflation and Fed Rate Cut Bets
Gold prices climbed modestly on Wednesday, with XAU/USD trading near $3,341.75, up up+0.55% after br…
EUR/USD Gains Momentum, Eyes 1.1500
EUR/USD has accelerated its upward climb, nearing weekly highs hovering around 1.15, exactly trading…
Dow Jones Surges Past 43,000 Amid CPI Data, Trade Talks Progress
The Dow Jones Industrial Average (DJIA) has climbed above 43,000 for the first time since February, …
Supply Outlook: EU Eyes Russian Imports, and US Inventories Signal Market Shift
According to the Energy Information Administration (EIA), US crude oil production is projected to de…
Stock Movers: Tesla, GameStop, and Beyond
Tesla’s Surge Sparks Electric Vehicle OptimismTesla’s stock climbed significantly in pre…
Trade Optimism, Shrinking Inventories Fuel Oil Prices Rally
WTI crude oil prices have climbed above $65.00, marking a significant 2% intraday gain as of June 11…
U.S. Inflation Slows Slightly in May, Misses Expectations and Pressures Dollar
Inflation in the United States, as measured by the Consumer Price Index (CPI), rose to 2.4% year-ove…
Market Analysis
January, 2024
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10 January 2024 11:04 am
Oil Prices Extend Gains Amidst Mixed Inventory Data and Global Tensions
On Wednesday, oil prices continued their upward trajectory from the previous day, supported by data indicating a more significant-than-expected decline in US crude inventories last week. However, gains were tempered by a larger-than-anticipated increase in gasoline and distillate inventories. Brent crude futures saw an increase of 29 cents, or 0.4 …
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10 January 2024 3:20 am
Market Drivers – US Session, January 9, 2024
“The SEC’s @SECGov X/Twitter account has been compromised. The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff,” an SEC spokesperson told US media outlets. A false social media post said that the SEC had approved bitcoin ETFs for trading. The price of bitcoin briefly …
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10 January 2024 2:45 am
Will Avoiding Gov. Shutdown Need Another Congressional Deal?
The ongoing debate on funding this year’s federal obligations, including the US debt ceiling and top line spending cuts, is not over. Some economists believe that the top line figures are not satisfactory and lawmakers are still not satisfied with spending priorities.The current political circumstances in Washington are not conducive …
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10 January 2024 2:14 am
Gold lacks real catalyst ahead of US inflation data
Although gold attracted some buyers on Tuesday, the precious metal struggled to benefit from the move up. The precious metal is trading at $2029.70 per ounce at the time of writing. The Fed’s policy stance is expected to change due to a decrease in consumer inflation expectations, which could potentially …
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10 January 2024 1:00 am
Barr: Fed’s bank funding program came to an end
The Fed’s Bank Term Funding Program, which was launched during last year’s regional banking crisis, is set to end without extension according to Michael Barr, the Fed’s vice chair for supervision.The program, which allowed banks and credit unions to borrow funds for up to a year, has seen a surge …
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10 January 2024 12:13 am
CAD impacted as Canadian Trade Balance falls short
The Canadian dollar has experienced a significant decline, with the International Merchandise Trade and building permits falling more than anticipated. The recovery of the crude oil market is limiting the support of the Canadian currency. The Canadian dollar reached a new low for the week on Tuesday, with markets retreating …
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9 January 2024 10:32 pm
Why have commodities had a challenging year in 2023?
The United States has become the world’s largest exporter of liquefied natural gas for the first time ever, surpassing top suppliers Australia and Qatar. This surge in LNG exports is driven by Freeport LNG’s return to full service and robust global demand, particularly from Europe. With an average of 13.25 …
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9 January 2024 10:06 pm
GBP/USD faces mild losses amid market risk aversion
With losses averaging approximately -0.40%, the GBP/USD pair is trading close to the 1.2695 mark. The US dollar appeared to have recovered from Monday’s earlier decline. Following mixed data last week, markets recalculated Fed expectations as investors focused more on the impending CPI report.The GBP/USD pair saw a decline in …
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9 January 2024 9:11 pm
Hays shares fall after difficult December
Hays, a UK recruitment group, has reported a decline in activity in the UK and Ireland due to a slowdown in the volume of individuals securing permanent roles. The company’s first-half profits are expected to be £60mn, below current market expectations. Hays shares fell as much as 18% on Tuesday …
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9 January 2024 8:18 pm
100,000 firms positively respond to Yellen’s war against dirty money
Treasury Secretary Janet Yellen has announced that 100,000 businesses have joined a new database that collects “beneficial ownership” information on firms as part of a government effort to unmask shell company owners. The database will support law enforcement in making arrests, prosecuting offenders, and seizing ill-gotten assets. The bipartisan Corporate …
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9 January 2024 7:39 pm
Dollar Higher, Nasdaq lower ahead of Barr’s Speech
The US Dollar is trading in the green on Tuesday’s European morning, posting gains against most G20 currencies. However, the dollar was easing a touch as a firm risk-on tone returned on Monday in US equity markets. Earlier on Tuesday, Asian stocks took over the mood on Tuesday, with the …
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9 January 2024 5:33 pm
Bitcoin jumps 6% to levels exceeding $46,600
Bitcoin jumped 6% during January 9 trading as investors awaited potential regulatory approval of a US Bitcoin exchange-traded fund this week. In mid-trading on Tuesday, January 9, the price of Bitcoin reached more than $46,600, after recording $46,840, i.e. the highest level since April 2022. The number of Bitcoins mined …
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