Official data released on Monday showed that industrial production in Germany declined more than predicted in June, indicating that manufacturing sector activity is weakening. The industrial output of the Eurozone’s economic powerhouse fell 1.5% month on month, according to the federal statistics body Destatis, compared to -0.4% predicted and -0.1% …
Read More »Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Market Analysis
August, 2023
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7 August 2023 1:54 pm
Eurozone Sentix Investor Confidence Index improves to -18.9 in August
Investor Confidence in the Eurozone rose to -18.9 in August from -22.5 in July, according to Eurozone Sentix. The market expected a result of -23.4. “Germany, in particular, has become the sick man of the Eurozone and is weighing heavily on the region,” Sentix Managing Director Patrick Hussy said in …
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7 August 2023 1:21 pm
European stocks decline as investors await inflation data
European stocks fell Monday, August 7th at a time when investors are assessing the potential impact of a US jobs report on future monetary policy moves in the United States, and they are also anticipating important data on inflation from several countries around the world this week. And by 07:03 …
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7 August 2023 12:25 pm
Japanese Nikkei index reversed the trend and closed higher
Japan’s Nikkei index reversed course to close higher on Monday as investors changed their outlook after local companies posted strong earnings, and Astelas Pharmaceuticals rose after a drug it produces received US approval. The Nikkei index rose 0.19 percent to close at 32,254.56 points, after falling at the beginning of …
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7 August 2023 12:13 pm
Gold rises with the decline of USD and yield on treasury bonds
Gold prices rose Monday, August 7th, after data showing slower-than-expected job growth in the United States negatively affected the dollar and the yield on Treasury bonds, to retreat from high levels they reached recently. Investors are anticipating an inflation test this week that may affect the path of raising interest …
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5 August 2023 2:08 am
US stocks edge lower on NFP’s day, cyberattack news
The Dow Jones Index reversed lower for a loss of 0.4% Friday on reports that a cyberattack hit hospital computer systems across several states. Top gainers in the Dow Jones included Amgen, which jumped on earnings. But Apple was down nearly 5%.The S&P 500 and Nasdaq Composite retreated for a …
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5 August 2023 12:18 am
EUR/USD surges after weak NFP data
The EUR/USD pair has risen above 1.1007, positioning the Euro for a strong finish. The US Nonfarm Payrolls report showed an 187K increase in labor force participation and an unemployment rate of 3.6%, higher than 3.5%. This resilience is a key factor holding inflation at or around 3%, making the …
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4 August 2023 11:05 pm
WTI jumps to multi-month high on weak US dollar
WTI crude has surged to daily high above $83.00 ahead of the weekend for the first time since April. The Saudis’ expected reductions in oil output and the depreciation of the US dollar are mostly to blame for the black gold’s upward trend. Additionally, the daily chart shows that the …
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4 August 2023 10:05 pm
Brazil’s Petrobras Q2 profit dropped on lower oil price
Petrobras retreated -0.5% pre-market Friday after Q2 earnings fell by nearly half from a year earlier on lower oil prices and a sharp drop in international crack spreads for diesel.Q2 net income fell to 28.8B reais (~$5.9B) from 54.3B reais in the year-earlier quarter, and recurring net income, which strips …
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4 August 2023 8:39 pm
AUD extends recovery after NFP data
The Australian dollar has reacted strongly against the US Dollar (USD) on Friday, following Nonfarm Payrolls (NFP) data showing the US added 187K new jobs in July, undershooting estimates of 200K. This data suggests a slowdown in the labor market, which could undermine high inflation and lead to lower interest …
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4 August 2023 7:42 pm
US dollar pressured post NFP data
The US dollar experienced renewed selling pressure after the July jobs report, which showed a 187,000 increase in nonfarm payrolls. The US Bureau of Labour Statistics reported that Nonfarm Payrolls in the US rose 187,000 in July, weaker than the market expectation of 200,000. The US Dollar Index recorded 101.807 …
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4 August 2023 4:42 pm
US Nonfarm Payrolls increase 187,000 in July vs. 200,000 expected
The US Bureau of Labour Statistics reported on Friday that nonfarm payrolls (NFP) increased by 187,000 in July. This estimate fell short of the market’s anticipation of 200,000. The June increase of 209,000 was reduced down to 185,000. Follow our live coverage of the market reaction to the July jobs …
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4 August 2023 4:41 pm
Reuters: OPEC + kept the oil production policy unchanged
Two OPEC+ sources said the meeting of the group’s senior ministers’ committee kept oil production policy unchanged on Friday. The committee, called the Joint Ministerial Monitoring Committee, includes ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies, including Russia, within the framework of what is known as …
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