European stocks opened higher on Thursday before an important report on inflation in the United States will provide indications about the path of interest rate cuts that the Federal Reserve may follow, and shares of basic resource companies led the gains. The European STOXX 600 index rose 0.6 percent by …
Read More »Euro Soars to Near Three-Year High as PPI Data and Trump’s Tariffs Sink US Dollar
The Euro surged against the US Dollar for the second consecutive day, nearing a three-year high, as …
Why Do U.S. Bond Yields Keep Declining?
U.S. bond yields experienced a significant setback on Thursday following the release of producer pri…
Silver Surges Above $36 as US Dollar Hits Three-Year Low
Silver (XAG/USD) has staged a strong recovery, climbing past $36.00 after hitting a five-day low of …
US Stocks Defy Geopolitical Tensions as Producer Prices Ease
US stock markets climbed on Thursday, shrugging off geopolitical uncertainties as softer-than-expect…
Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally
Gold prices surged to $3,386 on June 12, 2025, approaching the $3,400 mark as softer US economic dat…
Dollar Falls as Soft PPI Data Stokes Rate Cut Hopes
The U.S. Dollar tumbled on June 12, 2025, dropping to 98.00 on the U.S. Dollar Index after May’s U.S…
GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims
The GBP/USD pair surged to 1.3600, up over 0.47% in a single session, and at the time of writing, th…
Trump’s Shadow Looms Over Tesla’s Robotaxi Launch
Tesla’s robotaxi service, slated for a late June 2025 debut in Austin, Texas, promises to reshape ur…
U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty
The latest data from the Bureau of Labor Statistics (BLS) revealed that Producer Prices increased by…
Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns
The U.S. dollar fell to a new low for 2025 on Thursday, while global stocks eased from record highs,…
Market Analysis
January, 2024
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11 January 2024 11:59 am
Dollar Weakens in Asia as Traders Await US Inflation Data
In Asian trading on Thursday, the US dollar experienced a decline, dropping to its lowest level around 102 points as traders awaited crucial US inflation data for insights into the Federal Reserve’s policy direction for the year. Bitcoin surged to $46,400, nearing its highest level in two years, following the …
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11 January 2024 11:15 am
Oil prices rise amid escalating tensions in the Middle East
Oil prices rose in Asian trading as markets assessed the escalating tensions in the Middle East in contrast to the sudden increase in US crude inventories that pushed oil prices down by about 80 cents in the previous session. US West Texas Intermediate crude futures rose 20 cents, or 0.28 …
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11 January 2024 2:40 am
Market Drivers – US Session, Jan 10
The US dollar experienced a corrective move on the back of improved market sentiment surrounding the risk-linked assets, which weighed on the dollar. Both Gold and Silver grinded lower and revisited the lower end of the so-far yearly range prior to the release of US inflation on Thursday.The dollar faced …
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11 January 2024 1:58 am
US stocks higher ahead of US inflation data
US stocks closed higher on Wednesday, with the Dow Jones Index rising over 150 points. The S&P 500 gained 0.57% to end at 4,783.45, while the Dow Jones industrial average added 170.57 points to close at 37,695.73. The Nasdaq Composite advanced 0.75% to settle at 14,969.65. Intuitive Surgical and Lennar …
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11 January 2024 1:13 am
Treasury yields decline ahead of CPI data
While financial markets gear up for a relatively busy year, there persists a state of severe disagreement about the forces driving longer-term interest rates.The range of forecasts for the yield on the 10-year Treasury one year from now is below 3% to above 5%. The yield outlook is mostly dependent …
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11 January 2024 12:28 am
Yen faces selloff following wages data
The Japanese Yen is experiencing a selloff due to a 3% drop in real wages for the year ended November, despite a 0.2% increase in nominal wages. This is due to inflation affecting consumers’ earnings and purchasing power. The Bank of Japan is hinting at rate hikes based on rising …
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10 January 2024 11:40 pm
Oil prices decline after surprise US stockpile build
Oil prices declined on Wednesday due to a surprise increase in US crude stockpiles, raising concerns about demand in the largest oil market. The EIA report highlighted investor concerns of slowing demand growth, with US crude inventories rising by 1.3 million barrels in the week ended January 5 to 432.4 …
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10 January 2024 10:13 pm
Swiss Franc weakens vs Sterling after Bailey’s speech
The Swiss Franc declined against the Pound Sterling for the seventh consecutive trading day, as the Bank of England Governor, Andrew Bailey, testifies before Parliament at the UK Treasury Select Committee. The Dow Jones Industrial Average and S&P 500 are edging higher, marginally aiding the Pound more than the Swiss …
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10 January 2024 8:50 pm
US CPI expectations by 10 major banks
The US Bureau of Labor Statistics will release the most important inflation measure, the US Consumer Price Index (CPI) figures, on Thursday, January 11 at 13:30 GMT. As we get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the …
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10 January 2024 7:53 pm
EUR/USD steadies amid ECB’s officials’ comments
The EUR/USD pair recovers slightly in anticipation of US CPI release, with ECB members’ statements weighing on the Euro. ECB Vice-President de Guindos hints at possible Eurozone recession, while Schnabel affirms stance on inflation control.EUR/USD traders focus on upcoming US inflation figures and unemployment claims. The Euro pares some of …
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10 January 2024 1:29 pm
European Stocks Dip Amidst Decline
On Wednesday, European stocks experienced a decline, weighed down by a drop in basic resource companies, as investors assessed corporate earnings and awaited crucial US inflation data for insights into the future of interest rates. The European STOXX 600 index slipped by 0.2 percent by 8:15 GMT, with basic resources …
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10 January 2024 12:53 pm
Gold Prices Dip Amidst Dollar and Bond Yield Gains Ahead of Key US Inflation Report
On Wednesday, gold prices experienced a decline, influenced by the ascent of the US dollar and a rise in Treasury bond yields. Investors closely monitored these indicators ahead of the US inflation report, which is anticipated to provide insights into the potential trajectory of interest rate adjustments by the US …
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