The Japanese Nikkei index achieved strong gains at the close on Thursday, November 9, ending losses that continued for two days, supported by strong business results that helped raise shares of energy companies and consumer goods. The Nikkei closed at an increase of 1.49%, recording 32,646.46 points, offsetting most of …
Read More »Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
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Earnings Season Heats Up with GameStop, GitLab, and Smucker
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U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
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Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
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European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Market Analysis
November, 2023
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9 November 2023 1:03 pm
European stocks opened stable
European stocks began trading on Thursday on a stable note after the positions of European Central Bank policymakers reduced market optimism regarding interest rate cuts, while investors again awaited comments from Federal Reserve Chairman Jerome Powell. The European STOXX 600 index saw little change by 0810 GMT after touching the …
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9 November 2023 3:01 am
Market Drivers – US Session, Nov. 8
Gold is still under pressure; it is now trading below $1,950, and it is at its lowest point since October 19. The drop in Treasury yields did not help the yellow metal. Due to the decline in Gold, Silver finished the day unchanged at $22.50.On Wednesday, the US dollar showed …
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9 November 2023 2:28 am
Disney reports better than expected profit
Disney revealed impressive Q4 results, with theme park revenue continuing to rise and profits exceeding estimates. But there was cause for concern regarding a drop in ad revenue, mostly from Disney’s ABC Network and other owned TV stations. With an additional $2 billion in cost-cutting measures, the company intends to …
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9 November 2023 1:45 am
New Zealand Dollar moves back after central bank’s report
New Zealand’s dollar has lost ground against the US Dollar following the Reserve Bank of New Zealand’s latest inflation expectations report. The report suggests that prices are likely to fall in the future, capping interest rates, a negative for NZD. The NZD/USD pair has lost 0.37% on the day and …
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9 November 2023 12:59 am
Oil price remains lower after Tuesday’s steep decline
Early on Wednesday, oil prices continued to decline from their lowest points since July. West Texas Intermediate, at $77.30 per barrel, saw minimal movement. The global benchmark, Brent crude, increased by 0.1% to $81.69 per barrel. The price of a barrel of Brent crude dropped $2.14, or 2.6%, to $79.47. …
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8 November 2023 11:46 pm
Gold continues to decline below $1,950.
On Wednesday, gold was expected to reach new lows, testing $1,950. Investor hopes for a dovish Fed ease are pushing back precious metals. Gold is trading at $1,947.96 per ounce at the time of writing.US Treasuries are still quite low; they recently eased back to 4.5% from 4.615%. Gold is …
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8 November 2023 9:48 pm
EUR/GBP surges as UK stagflation scenario approaches
The EUR/GBP pair reached a weekly peak at 0.8711, driven by concerns over the UK’s economic stagnation and potential stagflation. UK GDP forecasts suggest a possible contraction in Q3, with expectations of a -0.1% decrease in QoQ, pressuring the Pound.The Bank of England’s mixed signals, with Governor Bailey’s cautious stance …
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8 November 2023 8:41 pm
Wall Steet Indexes edge higher post Powell’s speech
With investors analysing earnings reports and remarks from Federal Reserve officials for hints about how long the American central bank will maintain high interest rates before beginning to reduce them, Wall Street’s major indexes edged higher on Wednesday.Amidst anticipations that the Fed may be done raising interest rates, Treasury yields …
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8 November 2023 7:51 pm
Dollar weakened on absence of guidance in Powell’s speech
The US dollar is weakening as Jerome Powell, the chairman of the Federal Reserve, gave a speech devoid of any mention of monetary policy or guidance. Traders are beginning to paint a picture of the US and global economies as the earnings season draws to a close. People’s finances are …
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8 November 2023 5:28 pm
European stocks fell, affected by the decline of insurance companies
European stocks fell on Wednesday, November 8, with shares of insurance companies and financial institutions taking the biggest hit as investors evaluated economic data and corporate profits. The European STOXX 600 index fell 0.1% by 0815 GMT, reaching its lowest level in almost a week and heading for a decline …
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8 November 2023 4:36 pm
Britain targets the Russian gold and oil sectors with new sanctions
Britain on Wednesday imposed sanctions on 29 individuals and entities in Russia’s gold and oil sectors as part of its targeting of the Kremlin’s finances supporting the war in Ukraine. The sanctions include a UAE-based network that Britain says is responsible for funneling more than $300 million in gold revenues …
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8 November 2023 2:09 pm
Dollar rises before the Fed Chairman’s speech
The dollar recovered and rose slightly on Wednesday after a group of Federal Reserve (US central bank) officials left the door open to raising interest rates again, while traders awaited the speech of Bank President Jerome Powell to know the course of the bank’s monetary policy in the future. The …
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