Federal Reserve Chair Jerome Powell’s hawkish, measured rhetoric during his June 2025 House testimony sent gold prices tumbling, compounded by easing Middle East tensions. XAU/USD fell 1.52% to $3,315.818, reflecting a weaker US Dollar and fading safe-haven demand. Other assets, including the dollar, silver, Treasuries, and oil, also shifted. This …
Read More »Gold Steadies Above $3,350 as Soft Dollar Counters Bullish Market Vibes
Gold prices are holding firm above the $3,350 mark, bolstered by a weakening US Dollar that is count…
Pound Surges Against Dollar as Fed Rate Cut Frenzy Ignores Sticky Inflation
The British pound is staging a robust comeback against the US dollar, climbing 0.56% to trade at 1.3…
Dollar Dips to Two-Week Low Amid Tame U.S. Inflation and Political Concerns
The U.S. dollar fell to a two-week low on Wednesday after softer-than-expected inflation data booste…
Ether Nears Record Highs as Corporate Buying Surges
Ether surged sharply on Wednesday, approaching record highs amid growing corporate accumulation, mir…
Gold Holds Steady on Mild U.S. Inflation; Markets Eye Fed and Trump-Putin Talks
Gold prices were largely unchanged in Asian trading on Wednesday, supported by softer U.S. inflation…
Sterling Surges: Dollar Weakness and UK Jobs Data Fuel Rally
The British pound climbed higher on Tuesday, capitalizing on a faltering U.S. dollar and bolstered b…
USD/JPY Falls as Weak U.S. Dollar Faces Pressure from Lower Inflation
The USD/JPY currency pair declined on Tuesday, driven by a weakening U.S. dollar following a notable…
Trump and Bessent Push for Trade Deals and Fed Rate Cuts by October
The Trump administration is forging ahead with ambitious plans to reshape U.S. economic policy, tack…
AUD Bounces Back as Greenback Falters Amid RBA Rate Cut and US Inflation Data
The Australian Dollar (AUD) staged a notable recovery against the US Dollar (USD) on Tuesday, climbi…
Eurozone Woes Weigh on Euro as ZEW Sentiment Crumbles
The euro faced mounting pressure as the Eurozone’s economic outlook darkened, with the ZEW Eco…
Market Analysis
June, 2025
-
24 June 2025 9:04 pm
Canada’s Inflation Holds Steady: What’s Next for the Bank of Canada?
Canada’s inflation rate remained at 1.7% in May 2025, according to Statistics Canada, signaling a complex economic landscape for the Bank of Canada (BoC) as it approaches its July 30 rate decision. While the data shows progress in some areas, persistent pressures and looming tariff impacts raise questions about the …
Read More » -
24 June 2025 8:18 pm
Which Power, Utilities Stocks Can Beat the Heat This Summer
As summer temperatures rise, so does the demand for electricity, putting the nation’s power grids to the test. This year, the challenge appears even greater, with anticipated electricity demand projected to increase by 10 gigawatts (GW) compared to last year—more than double the increase seen between 2023 and 2024. While …
Read More » -
24 June 2025 7:37 pm
US Dollar Declines Amid Israel-Iran Ceasefire
The US Dollar faces downward pressure as a ceasefire between Israel and Iran shifts market sentiment, overshadowing hawkish remarks from Federal Reserve Chair Jerome Powell. The US Dollar Index (DXY), which tracks the dollar against six major currencies, has slipped below 98.00, trading near 97.65, just above its June low …
Read More » -
24 June 2025 5:27 pm
Fed Chair Powell Maintains Wait-and-See Approach on Interest Rates Amid Economic Uncertainty
Federal Reserve Chair Jerome Powell stated on Tuesday that the central bank is prepared to keep interest rates unchanged for the time being while closely monitoring economic developments, according to his prepared remarks for the Semiannual Monetary Policy Report to Congress. Powell noted that the U.S. economy is in a …
Read More » -
24 June 2025 5:00 pm
Canada’s Inflation Holds Steady in May, Exceeding Monthly Expectations
Inflation in Canada, measured by the change in the Consumer Price Index (CPI), remained stable at 1.7% year-over-year in May, in line with market expectations, according to data released by Statistics Canada on Tuesday. On a monthly basis, the CPI rose 0.6%, marking a recovery from the 0.1% decline reported …
Read More » -
24 June 2025 3:26 pm
U.S. Stock Futures Rise on Trump’s Israel-Iran Ceasefire Announcement, Oil Prices Ease
U.S. stock index futures surged on Tuesday following President Donald Trump’s announcement of a ceasefire between Israel and Iran, offering investors some much-needed relief after 12 days of escalating conflict in the Middle East. The announcement calmed market jitters that had weighed on global risk assets and stoked inflation fears. …
Read More » -
24 June 2025 2:11 pm
Focus Shifts to Powell’s Testimony as U.S. Dollar Faces Pressure
Markets are turning their attention from the Middle East tensions to Washington, where Federal Reserve Chair Jerome Powell is set to begin two days of testimony before Congress on Tuesday. Powell’s Testimony and Rate OutlookPowell is expected to face intense questioning over the Fed’s decision to keep interest rates unchanged …
Read More » -
24 June 2025 1:15 pm
European Stocks Rise on Optimism Over Israel-Iran Ceasefire; Crude Prices Fall on Supply Relief
European stock markets surged on Tuesday, driven by renewed optimism over a potential ceasefire between Israel and Iran, while investors await U.S. Federal Reserve Chair Jerome Powell’s testimony before Congress. Stock Market PerformanceBy 03:05 ET (07:05 GMT), major European indices saw significant gains. The DAX in Germany rose by 1.9%, …
Read More » -
24 June 2025 12:13 pm
German IFO Business Climate Index Improves, EUR/USD Holds Small Gains
Germany’s IFO Business Climate Index for June showed a slight improvement, rising to 88.4, up from 87.5 in May, surpassing market expectations of 88.3. This reflects a modest rebound in business sentiment, suggesting businesses remain cautiously optimistic about the economic outlook. However, the Current Economic Assessment Index saw only a …
Read More » -
24 June 2025 11:27 am
Bitcoin Rises Amid Israel-Iran Ceasefire Announcement, Broader Crypto Markets Follow Suit
Bitcoin saw a significant jump on Tuesday, rising 3.2% to $105,042.5, supported by a broader improvement in risk sentiment following U.S. President Donald Trump’s announcement of a ceasefire between Israel and Iran. This development raised hopes for a de-escalation in the Middle East conflict, potentially ending days of hostilities. While …
Read More » -
24 June 2025 10:46 am
Gold Prices Drop as Trump Announces Israel-Iran Ceasefire, Easing Geopolitical Tensions
Gold prices fell by more than 1% on Tuesday as easing geopolitical tensions following U.S. President Donald Trump’s announcement of a ceasefire between Israel and Iran prompted investors to move away from safe-haven assets. Spot Gold fell 1.1% to $3,332.57 an ounce by 02:00 ET (06:00 GMT), marking its lowest …
Read More » -
24 June 2025 10:13 am
Oil Prices Fall Sharply After U.S.-Iran Ceasefire Agreement Eases Supply Disruption Fears
Oil prices tumbled to their lowest levels in over a week on Tuesday following U.S. President Donald Trump’s announcement of a ceasefire agreement between Iran and Israel, reducing concerns over supply disruptions in the Middle East—one of the world’s most critical oil-producing regions. As of 0330 GMT, Brent crude futures …
Read More »