Michael Barr, Vice Chair for Supervision of the Federal Reserve, stated on Monday that the central bank should implement monetary policy cautiously.The most important question, in his opinion, is not how much higher interest rates will rise, but rather how long they will stay at a level that is appropriately …
Read More »Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Market Analysis
October, 2023
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2 October 2023 9:19 pm
EUR/USD slides amid surging US yields, hawkish Fed
Rising US Treasury bond yields and anticipation of further Fed tightening weigh heavily on the EUR/USD pair, which declines to 1.0500, down 0.69%. The Euro is losing value due to divergent economic forecasts that show growing US business activity and slowing manufacturing activity in the Eurozone.With major support at 1.0500 …
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2 October 2023 8:20 pm
ISM Manufacturing Index Exhibits Recovery Signs
The US economy’s main engine, the industrial sector, is still contracting. However, there are indicators of progress. The purchasing managers index, or PMI, published by the Institute for Supply Management registered 49 in September as opposed to 47.6 in August.According to the data presented on Monday, the US manufacturing sector …
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2 October 2023 7:37 pm
Fed’s Powell: Economy still working through pandemic impact
The U.S. economy is still dealing with the aftermath of the COVID-19 pandemic, Federal Reserve chair Jerome Powell said during a meeting with community and business leaders in York, Pennsylvania.“We are still coming through the other side of the pandemic,” Powell said, noting labour shortages in healthcare, ongoing difficulties with …
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2 October 2023 5:33 pm
While metals markets might be frustrating, the alternatives are even worse
In the United States, inflation, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, rose to 3.5% on an annual basis in August, up from 3.4% (revised from 3.3%) in July, according to the US Bureau of Economic Analysis on Friday. This reading was consistent with …
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2 October 2023 4:03 pm
Reuters survey: OPEC oil production rose for the second month with support from Nigeria and Iran
A Reuters survey showed on Monday that the Organization of the Petroleum Exporting Countries (OPEC) oil production rose for the second month in a row in September, supported by higher production from Nigeria and Iran, despite Saudi Arabia and other members of the broader OPEC+ alliance continuing to cut production …
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2 October 2023 2:42 pm
Gold fell to its lowest levels in seven months
Gold prices fell to $1,830 per ounce during trading on Monday, reaching their lowest levels in seven months due to pressure resulting from the strong dollar and high Treasury yields, as well as today’s expected speech by Jerome Powell. Gold’s decline today is the worst in two years, incurring monthly …
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2 October 2023 1:33 pm
Manufacturing in Russia grew at its fastest pace in more than 6 years
Factory activity in Russia grew at the fastest pace in more than six years in September, and employment in the sector increased at the fastest rate in more than two decades, a survey showed on Monday. The Standard & Poor’s Global Manufacturing Purchasing Managers’ Index rose to 54.5 from 52.7 …
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2 October 2023 1:09 pm
European stocks start the 4th quarter with gains
European stocks began the last quarter of 2023 with modest gains on Monday after the United States avoided entering a government shutdown, while investors awaited factory activity data for indications about the performance of companies in the euro zone. The European STOXX 600 index rose 0.4 percent by 0717 GMT, …
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2 October 2023 11:53 am
Strength of USD putting pressure on gold
Gold continued its losses on Monday for the sixth session in a row, reaching its lowest level in about seven months in light of the continued rise of the dollar, traders’ evaluation of a major report on inflation in the United States, and their anticipation of a number of labor …
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2 October 2023 10:49 am
Oil prices are rising as investors’ risk appetite grows
Oil prices rose on Monday, recouping some of their losses on Friday, as investors focused on expectations of tight global supply and a last-minute agreement to avoid a US government shutdown, which restored their risk appetite. By 0037 GMT, Brent crude futures for December rose 18 cents, or 0.2 percent, …
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2 October 2023 6:44 am
Financial Markets’ Weekly Recap
In the United States, inflation, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, rose to 3.5% on an annual basis in August, up from 3.4% (revised from 3.3%) in July, according to the US Bureau of Economic Analysis on Friday. This reading was consistent with …
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September, 2023
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30 September 2023 2:09 am
GBP/USD knocked lower on UK recession worries
The GBP/USD rose early in the US session but fell as the market was broadly pulled back towards the US dollar. The UK faces high recession risk, with Pound Sterling bids capped. The GBP/USD sank just south of the 1.2200 handle, struggling under a bearish trend. The Bank of England …
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