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The US Dollar continued its upward trajectory, boosted by higher interest rates and stronger-than-expected economic indicators. This surge was particularly pronounced ahead of the release of crucial Personal Consumption Expenditure (PCE) inflation data on Friday.Economic Data:Initial jobless claims fell to 231,000 for the week ending August 25, compared to the …
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27 February, 2026 3:42 am
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…
27 February, 2026 2:25 am
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…
27 February, 2026 12:34 am
Euro Slips Under Pressure from Stronger Dollar
The weaker than expected Eurozone data weighs on market sentiment on Thursday. The euro fell against…
26 February, 2026 11:17 pm
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…
26 February, 2026 10:41 pm
Wall Street Wavers as AI Fears Shake Tech Stocks
While institutional investors have been selling off software stocks amid concerns about artificial i…
26 February, 2026 9:13 pm
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…
26 February, 2026 7:39 pm
Crude Oil Caught Between Diplomacy and Oversupply
Oil prices steadied after recent losses, as traders weighed rising geopolitical tensions against cle…
26 February, 2026 6:06 pm
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…
26 February, 2026 5:14 pm
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…
26 February, 2026 4:41 pm
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
August, 2024
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30 August 2024 1:45 am
What Was Exactly Behind Bitcoin’s Recent Sudden Fluctuations?
Bitcoin has exhibited substantial price volatility in recent times, trading within a narrow band between $60,000 and $65,000 per unit. This market instability has had a cascading effect on other, less valuable cryptocurrencies. For example, BNB has fluctuated between $460 and $635, with a discernible support level at $460 to …
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30 August 2024 12:06 am
Gold Price Climbs Amid Fed Rate Cut Hopes
Gold prices have been on a steady ascent, buoyed by the anticipation of a potential Federal Reserve rate cut. Despite strong US economic data, the market remains optimistic about a policy shift that could benefit gold. The Economic ContextThe recent upward trajectory of gold prices is a testament to the …
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29 August 2024 11:31 pm
US Dollar Rebounds on Positive Growth and Employment Data
The US dollar continued its upward trajectory following the opening of Wall Street trading on Thursday, buoyed by positive economic data on growth and employment in the United States.The dollar index, which measures the performance of the greenback against a basket of six major currencies, rose to 101.31 points compared …
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29 August 2024 9:53 pm
Mixed PCE Inflation Data Could Create More Market Uncertainty
The US Personal Consumption Expenditure (PCE) Price Index, a key inflation gauge for the Federal Reserve, presented a mixed picture in June 2024.Headline PCE Eases, Core PCE Holds Steady:The headline PCE inflation rate, which includes both food and energy prices, came in slightly lower than expected for the second consecutive …
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29 August 2024 8:40 pm
BTC Rebounds as Bulls Aim for $62,000 Ahead of Hoped PCE’s Relief
Bitcoin price surged by 3% as US economic data aligned with expectations, boosting investor confidence. Amid a market environment characterized by thin liquidity and a potential for predatory behavior, Bitcoin bulls are targeting a price level of $62,000. The recent surge of 3% in BTC price, fueled by US macro …
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29 August 2024 7:30 pm
USD/JPY recovers ahead of PCE Inflation Data
The USD/JPY pair recovered and is trading 0.44%, at 145.21 at the time of writing. Earlier on Thursday’s trading, the pair remains confined below the crucial resistance level of 145.00, reflecting a cautious stance from investors ahead of the highly anticipated US Personal Consumption Expenditure (PCE) inflation report for July. …
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29 August 2024 1:58 pm
U.S. Dollar Edges Higher Ahead of Key Economic Data; Euro Retreats on Cooling German Inflation
The U.S. dollar gained ground on Thursday, recovering from recent lows as investors awaited key economic data releases that could provide insights into the Federal Reserve’s next moves. Meanwhile, the euro weakened due to signs of cooling inflation in Germany. Dollar Recovers from Recent Lows At 04:10 ET (09:10 GMT), …
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29 August 2024 12:07 pm
European Shares Edge Higher as Media and Tech Stocks Offset Global Dip
European shares edged up slightly on Thursday, driven by gains in media and technology stocks, which helped the market buck a global downtrend following underwhelming results from Nvidia. STOXX 600 Index Rises Amid Mixed Sector Performance The pan-European STOXX 600 index gained 0.2% by 0712 GMT, buoyed by a 0.5% …
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29 August 2024 11:21 am
Bitcoin Steadies Amid Market Jitters as Traders Eye Key Economic Data
Bitcoin’s price stabilized on Thursday after experiencing sharp declines earlier in the week. The world’s largest cryptocurrency remained in a narrow trading range as investors awaited critical economic data that could influence the Federal Reserve’s next interest rate decision. Bitcoin Holds Steady After Recent Declines After falling sharply on Tuesday …
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29 August 2024 10:08 am
Asian Shares Slide as Nvidia’s Earnings Disappoint, Dollar Steadies Ahead of U.S. Data
Asian shares followed Wall Street futures lower on Thursday, with investor sentiment dented by Nvidia’s (NASDAQ: NVDA) less-than-anticipated earnings results. The tech-heavy index’s slip sent ripples through global markets, causing a broader selloff in Asian equities. Meanwhile, the U.S. dollar steadied, and the Treasury yield curve approached a positive turn, …
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29 August 2024 9:27 am
Gold Prices Climb in Asian Trade, Near Record Highs as Inflation Data Looms
Gold prices rose in Asian trading on Thursday, edging closer to record highs as the U.S. dollar’s rebound cooled ahead of key inflation data. The yellow metal also benefited from safe haven demand, which was bolstered by disappointing earnings from NVIDIA Corporation (NASDAQ:NVDA) that shook global equity markets. Gold Holds …
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29 August 2024 1:24 am
Oil Prices Decline on Smaller-Than-Expected Drop in US Inventories
Oil futures concluded Wednesday’s trading session in the red, influenced by a decline in U.S. oil inventories that was smaller than market expectations. Concerns over Chinese demand also weighed on prices, despite worries about potential supply shortages due to potential reductions in output from the Middle East and Libya.West Texas …
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