After a few days of relatively low volatility, the price of the most famous cryptocurrency has headed north once again, surpassing the coveted level of $35,000, before plunging down below it almost immediately. Bitcoin is trading at $34243 at the time of writing. Somewhat expected, the move resulted in millions …
Read More »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
U.S. President Donald Trump has called on Iran to agree to a new nuclear deal following Israel’s lar…
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
Bitcoin prices tumbled on Friday, as escalating tensions in the Middle East, following Israel’s larg…
European Stocks Drop as Israel Strikes Iran, Crude Prices Surge
European stocks took a sharp downturn on Thursday, while crude oil prices surged, following Israel’s…
Asian Equity Markets Fall as Israel-Iran Tensions Rise and Trade Concerns Persist
Asian equity markets saw sharp declines on Friday as escalating tensions in the Middle East, followi…
Oil Prices Surge as Israel Strikes Iran
Oil prices surged in Asian trading on Friday after Israel launched a major pre-emptive strike on Ira…
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…
Market Analysis
November, 2023
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1 November 2023 7:03 pm
US: ISM Manufacturing PMI for October worsened
ISM Manufacturing PMI worsened unexpectedly to 46.7 in October. The US Dollar Index is trimming its gains, retreating from 107.00.The US Dollar Index pulled back modestly after the ISM and the JOLTS report, retreating from 107.00 to 106.85. It was still up for the day. Now attention is set on …
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1 November 2023 6:13 pm
US JOLTS Job Openings rise to 9.55 million in September
The US Bureau of Labor Statistics (BLS) has reported a total of 9.55 million job openings on the last business day of September, exceeding market expectations of 9.25 million. This figure, slightly higher than the revised August number of 9.49 million (initially reported as 9.61 million), was highlighted in the …
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1 November 2023 6:01 pm
US private sector employment rises 113,000 in October
According to data released by Automatic Data Processing (ADP) on Wednesday, private sector employment in the US saw a modest increase of 113,000 jobs in October. This figure, although below market expectations of 150,000, marks a slight improvement from the 89,000 jobs added in September. Analyzing the survey results, Nela …
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1 November 2023 5:44 pm
BoE Preview: Anticipating a Tight Vote for Maintaining the Status Quo
The Bank of England’s upcoming meeting in November appears to be one of the most predictable ones in recent memory, despite the famous saying about the unpredictability of events. Since the current tightening cycle began in late 2021, the decisions have often been closely contested. In the last meeting held …
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1 November 2023 4:30 pm
Thomson Reuters’ sales and operating profits rose in Q3
Thomson Reuters on Wednesday reported higher revenues and operating profits in the third quarter of this year, supported by gains in its three largest divisions – legal and corporate services and tax and accounting professionals. The provider of information and tools for lawyers, accountants and other professionals announced adjusted earnings …
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1 November 2023 3:20 pm
Toyota’s Quarterly Profits Surge
On Wednesday, November 1, Toyota Motor Company made a significant announcement, revealing a remarkable surge in profits during the second quarter. This impressive growth, more than doubling their previous figures, was attributed to a weaker yen and robust sales, prompting the company to revise its full-year expectations upward by an …
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1 November 2023 2:30 pm
European stocks hit a two-week high
European stocks rose to their highest level in nearly two weeks on Wednesday, supported by health care stocks, as investors awaited a widely expected decision from the Federal Reserve to keep interest rates unchanged later on Wednesday. The European STOXX 600 index rose 0.1 percent by 0825 GMT, heading for …
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1 November 2023 1:14 pm
Yen stops falling after more severe intervention warnings
On Wednesday, the Japanese yen stopped falling after renewed threats of state intervention in the matter and as investors turned their attention to a policy meeting held by the Federal Reserve later on Wednesday. Interest rates in the United States are expected to remain unchanged, but the publication of details …
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1 November 2023 3:36 am
FOMC decision preview: How will Fed react to surging T-yields?
Since July, the Federal Reserve has not increased interest rates. That hasn’t made borrowing costs any less crippling for consumers. In September, the Fed hit the pause button. The US central bank will most likely decide its rate decision on Wednesday in light of key financial conditions, developments and economic …
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1 November 2023 2:48 am
Oil prices retreat on easing supply, geopolitical woes
Tuesday’s closing price of WTI crude oil was $81.18 per barrel, the lowest in two months, as concerns over a growing war faded and traders’ focus was largely directed towards the recent economic data out of the Eurozone.Tuesday saw an improvement in oil prices as investors became less concerned about …
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1 November 2023 12:46 am
EUR/USD retreats on mixed EU data, ahead of Fed’s decision
The EUR/USD pair is presently trading below 1.0600, having retreated from a weekly high of 1.0675. The Eurozone released mixed economic data in October, with GDP declining by 0.1% in Q3 but inflation falling to 2.9% in the same month.ECB officials maintain that more tightening is possible, with Joachim Nagel …
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October, 2023
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31 October 2023 11:28 pm
US bond yields decline ahead of the Fed’s decision
US Treasury bond yields have been declining since the beginning of trading on Wall Street, affected by investors’ attempts in the markets to digest the latest US economic data, in addition to anticipation of the Federal Reserve’s meeting on Wednesday.Ten-year US Treasury bond yields fell to 4.873%, compared to the …
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