Following Powell’s remarks at Jackson Hole about possible policy easing in September, gold prices surged. Powell mentions labour market-linked concerns as well as inflation management; while some Fed officials reiterate forecasts for rate cuts.US durable goods orders increased 9.9% in July, indicating a robust economy; tensions in the Middle East …
Read More »March 2026 Market Snapshot: Labor Softens, Inflation Holds Steady, Volatility Rules
February’s employment report, released early March, showed a clear pullback: nonfarm payrolls droppe…
Wall Street Slides Into Correction as Oil Shock and Geopolitical Fears Ignite Market Panic
US equities came under heavy selling pressure on Friday, with major indexes extending their decline …
Europe’s Carmakers Race Into the Defense Economy
A Strategic Shock Reshaping European Industry: Europe is no longer treating defense as a peripheral …
Sterling Under Pressure as Global Tensions Lift the Dollar
The British Pound struggled to maintain momentum at the end of the week, hovering just above the 1.3…
U.S. Treasury Yields Hit Multi-Month High as Oil Surge Fuels Inflation Fears
Benchmark U.S. Treasury yields climbed to their highest level since July on Friday, as investors rea…
Bitcoin Slips as Iran War Uncertainty and $14 Billion Options Expiry Weigh on Sentiment
Bitcoin declined on Friday, capping a subdued week as investor caution intensified amid geopolitical…
U.S. Futures Decline as Oil Tops $110 and Middle East Risks Intensify
U.S. stock futures moved lower on Friday, while oil prices climbed back above the $110-per-barrel ma…
European Stocks Hold Steady as Hormuz Crisis Keeps Oil Elevated
European equity markets traded in a narrow range on Friday, as investors weighed persistent geopolit…
Gold Rebounds Over 2% as Softer Dollar and Iran Talks Support Bullion
Gold prices rose sharply in Asian trading on Friday, recovering from the previous session’s losses a…
UK Retail Sales Fall Less Than Expected, But Rising Energy Costs Cloud Outlook
British retail sales volumes declined in February, highlighting growing pressure on consumer spendin…
Market Analysis
August, 2024
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27 August 2024 12:53 am
US dollar recovers on quiet trading week’s start
The US dollar bounces back after falling on Friday as a result of Powell’s dovish comments. The market expects a 100 basis point ease by year-end and a 200 basis point ease overall over the next 12 months. Later this week, PCE figures will come into focus. The US Dollar …
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27 August 2024 12:02 am
Dow Jones Hits New Record High on Thin Volumes
Dow Jones Industrial Average (DJIA) reached a new all-time high of 41,419.65 on Monday, despite a generally quiet trading day. This follows a significant surge last week after the Federal Reserve signaled a potential rate cut in September.Investors are still digesting the impact of the Federal Reserve’s comments, which indicated …
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26 August 2024 10:48 pm
T-Yields struggle to hold firm amid rate cut speculations
US Treasury yields are attempting to hold firm in the face of expectations for interest rate cuts. Yields on US government bonds are trying to withstand the rising expectations of interest rate cuts next month, supported by optimism that has prevailed in the markets since the statements of Mary Daly, …
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26 August 2024 9:50 pm
WTI Oil Extends Recovery Amid Libya Production Halt
WTI’s recovery above $76.50 reflects a delicate balance between supply risks and market dynamics. Geopolitical tensions in Libya, coupled with broader economic factors, continue to shape the oil landscape. As investors keep a close eye on developments, the WTI price remains susceptible to sudden shifts.West Texas Intermediate (WTI), a crucial …
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26 August 2024 8:44 pm
Top US General Warns of Broader Middle Eastern War
US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, recently stated that the risk of a broader Middle East conflict has somewhat diminished after Israel and Lebanon’s Hezbollah engaged in an exchange of fire without further escalation. However, General Brown also warned that Iran still poses …
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26 August 2024 6:57 pm
Explainer: How ‘Soft-Landing’ and Stock Performance Correlate
As interest rate cuts become closer, investors are closely watching economic data to assess whether the “soft landing” scenario that has supported U.S. stock performance in 2024 can continue.Fed Chair Jerome Powell recently signaled an impending reduction in interest rates. The process is expected to begin next month with a …
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26 August 2024 2:59 pm
U.S. Stock Futures Edge Higher Amid Anticipation of Key Earnings and Inflation Data
U.S. stock index futures showed slight gains on Monday morning, as the markets appeared to take a breather following a robust performance last week. Investors are cautiously optimistic, bolstered by the expectation of a potential rate cut from the Federal Reserve in September. However, the upcoming week promises to be …
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26 August 2024 12:26 pm
European Shares Hold Steady Ahead of Key Economic Data
European stocks remained subdued on Monday, with the pan-European STOXX 600 index trading flat at 518.22 by 0708 GMT. The market is cautiously awaiting a series of significant economic reports throughout the week, which could influence investor sentiment and market movements. Market Overview:The STOXX 600 index remained steady after touching …
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26 August 2024 11:01 am
Bitcoin Dips as Weekend Rally Fizzles, But Rate Cut Optimism Supports Market
Bitcoin’s price experienced a slight decline on Monday, as a weekend rally lost momentum. Despite this pullback, optimism over potential interest rate cuts has kept the cryptocurrency near a one-month high. Bitcoin’s Performance:The price of Bitcoin fell 0.3% to $63,952.7 by 01:59 ET (05:59 GMT).The cryptocurrency had surged over the …
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26 August 2024 10:07 am
Asian Shares Edge Higher Amid Geopolitical Tensions and Rate Cut Hopes
Asian shares cautiously moved higher on Monday, supported by a decline in the dollar and bond yields as investors anticipated key inflation data that could signal upcoming rate cuts in both the United States and Europe. However, lingering concerns over geopolitical tensions in the Middle East and upcoming corporate earnings …
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26 August 2024 9:01 am
Oil Prices Rise Amid Ongoing Israel-Hamas Conflict and Fed Rate Cut Optimism
Oil prices increased in Asian trading on Monday, continuing their rebound from the previous session. The ongoing conflict between Israel and Hamas showed no signs of a ceasefire, while comments from Federal Reserve Chair Jerome Powell fueled expectations of a September interest rate cut, further supporting oil prices. Brent crude …
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26 August 2024 7:18 am
Financial Markets’ Weekly Recap: What’s Next for USD After Jackson Hole?
Financial Markets’ Weekly Recap: A couple of events were the most important in global financial markets last week; the FOMC Minutes last July and the statements of the Fed Chairman Jerome Powell at the Jackson Hole Symposium. Both were in favor of risk appetite after they tipped the scales towards …
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