European stocks fell on Friday and were heading to end a week full of central bank decisions on a lower note, while investor assessments concluded that borrowing costs are likely to remain high for some time. By 0709 GMT, the European Stoxx 600 index fell 0.6 percent after ending the …
Read More »Stock Futures Slide Amid Trade Uncertainty and Concerns Over Tariffs
U.S. stock index futures fell Monday, as growing uncertainty surrounding President Donald Trump’s tr…
Oil Prices Struggle as OPEC+ Hikes Output Amid Trade Concerns
Oil prices showed some resilience on Monday, recovering from earlier losses despite concerns surroun…
European Stocks Mixed as Investors Await U.S. Trade Deal Deadline
European stocks showed a mixed performance on Monday, with investors remaining cautious ahead of the…
German Industrial Production Surpasses Expectations in May Despite Recent Slowdowns
German industrial production showed a stronger-than-expected rebound in May, driven by the automotiv…
Gold Prices Fall as U.S. Tariff Threats and Strong Payrolls Data Weigh on Sentiment
Gold prices slipped in Asian trade on Monday, pressured by a steady U.S. dollar and the ongoing unce…
Weekly market wrap: FOMC minutes are looming amid trade fears
Three things dictated price action in financial markets last week, including reaching a trade deal b…
EUR/USD Holds Steady Amid Tariff Tensions, Eyes Turn to EU Economic Data
Modest Gains Amid Holiday-Thinned TradingThe EUR/USD pair edged up by 0.18% on Friday, trading at 1.…
Global Markets Wobble as Trump’s Tariff Deadline Draws Near
Global stock markets faltered on Friday, gripped by uncertainty as U.S. President Donald Trump’s Jul…
Sterling Falters Against Yen Amid Tariff Fears and UK Political Strife
The British Pound (GBP) weakened against the Japanese Yen (JPY), with GBP/JPY slipping below 197.61,…
WTI Crude Oil Stalls Near $65 as OPEC+ and Tariff Uncertainties Loom
West Texas Intermediate (WTI) Crude Oil prices hovered near $65.70, down 0.82%, reflecting cautious …
Market Analysis
September, 2023
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22 September 2023 3:14 pm
European stocks are heading for a weekly decline, with the possibility of a rate hike lasting longer
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22 September 2023 12:22 pm
Yen declines after the Bank of Japan sticks to its monetary policy, Dollar rise
The yen fell on Friday after the Bank of Japan maintained its ultra-loose monetary policy, while the dollar remained near its highest level in six months on expectations that interest rates will remain high for a longer period in the United States. The yen declines after the Bank of Japan …
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22 September 2023 11:29 am
BoJ’s is keeping interest rates at very low levels
The Bank of Japan kept interest rates at ultra-low levels on Friday as well as its guidance on future low interest rates, meaning the Japanese central bank is in no hurry to exit its stimulus policy. In a two-day meeting that ended on Friday, the Bank of Japan maintained the …
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22 September 2023 10:55 am
Gold rises, defying the strength of USD and the rise in US Treasury yields
Gold prices rose on Friday despite pressure from the strength of the dollar and the rise in US Treasury yields, as investors were evaluating the decisions of major central banks to adhere to high interest rates. Gold rose in spot transactions 0.2 percent to $1,923.29 per ounce by 0350 GMT, …
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22 September 2023 2:25 am
Market Drivers – US Session, September 21
The US Dollar Index finished marginally lower on Thursday after reaching 105.73, the highest level since March. The DXY pulled back during the American session amid a correction of the US Dollar and a pullback in US Treasury yields.Economic DataData from the US came in mixed, with a decline in …
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22 September 2023 1:20 am
S&P 500 extending Thursday’s downside as US stocks struggle
S&P 500 firmly off course as US equities take a tumble on hawkish Fed.Equity indexes extending daily declines heading into Friday market session.US Treasury yields stepped higher as Fed sees rate higher for longer.The Standard & Poor’s (S&P) 500 continued its trip down the charts, sliding into $4,330.00 to end …
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21 September 2023 11:39 pm
Japan: National CPI eases to 3.2% YoY in August versus 3.3% prior
According to the latest data released by the Japan Statistics Bureau on Friday, the National Consumer Price Index (CPI) for August came in at 3.2% YoY from 3.3% in July. Further details unveil that the National CPI ex Fresh Food improved from 3.0% in July to 3.1% in August, whereas …
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21 September 2023 10:54 pm
Hawkish Fed, soaring T-yields weigh on gold
Spot gold drops 0.56% to $1919.74 as the Fed’s decision to maintain and revise rates upward pressures gold prices.US real yields hit a YTD high at 2.115%, which continues to be a significant headwind for Gold.Mixed US economic data and hawkish stances from other central banks globally add to the …
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21 September 2023 9:40 pm
WTI settling back after jumping over $90.50
WTI spiked in Thursday trading, briefly retaking $90.50/bbl before settling back towards $89.50.Crude oil gained nearly $2/bbl for the day as supply constraints keep barrel prices pinned.Intraday prices set to continue cycling the $90 figure in the interim as analysts expect $100 in the future.West Texas Intermediary (WTI )crude oil …
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21 September 2023 8:34 pm
US dollar continues to benefit from the Fed’s decision, Powell’s comments
The US dollar continues to rise since the beginning of daily trading on Thursday, benefiting from the Fed’s statement and the statements of its Chairman, Jerome Powell, which are in favor of further raising interest rates, even for once, before the end of this year.The dollar index, which measures the …
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21 September 2023 7:39 pm
GBP/USD struggles as BoE’s holds rates
The GBP/USD pair has registered losses on Thursday. The pair is trading at 1.2285, following the BoE’s decision to hold rates unchanged amid slowing UK inflation.US economic data reveals a mixed landscape with lower-than-expected Initial Jobless Claims and a plunge in the Philadelphia Fed Manufacturing Index.Given the solid US economy …
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21 September 2023 3:15 pm
BoE Preview: Forecasts from major banks
On Thursday, September 21 at 11:00 GMT, the Bank of England (BoE) is set to reveal its Interest Rate Decision. As the release time approaches, let’s take a look at the predictions provided by economists and researchers from 10 major banks. The consensus among these experts points to an anticipated …
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21 September 2023 2:04 pm
European stocks decline after the US adheres to monetary tightening
European stocks fell on Thursday, tracking Wall Street, which suffered losses overnight, after the Federal Reserve signaled a longer rate hike and ahead of further interest rate decisions from the Swiss National Bank, the Riksbank, the Norwegian central bank and the Bank of England. The European STOXX 600 index fell …
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