The total public debt of the United States has surpassed $34 trillion for the first time in history, according to the daily statement from the US Treasury Department. This announcement comes as Congress prepares for upcoming battles over federal funding. The total outstanding public debt reached $34.001 trillion, with the …
Read More »European Stocks Rise as Energy Gains Offset Trade Concerns and Earnings Flood
European equities climbed modestly on Thursday, supported by strong performances in the energy secto…
Gold Rebounds as Renewed U.S.–China Tensions and Sanctions on Russia Lift Safe-Haven Demand
Gold prices rebounded on Thursday, snapping a two-day losing streak as renewed U.S.–China trade tens…
Asian Markets Retreat as U.S.–China Trade Tensions Resurface; Japan and China Lead Declines
Most Asian stock markets extended losses on Thursday, dragged down by renewed U.S.–China trade tensi…
Gold Sees Profit-Taking Pressure Ahead of Key US Inflation Data
Gold slipped below $4,100 during early Asian trading on Thursday, as investors opted to lock in prof…
Wall Street Earnings Unveil: Inside America’s Corporate Pulse — October 22, 2025
On Wednesday, October 22, 2025, Wall Street witnessed a flurry of earnings reports from major U.S. c…
Investors Eye Delayed CPI as Treasury Yields Show Mixed Movements
U.S. Treasury yields showed mixed movements on Wednesday, reflecting investor caution and uncertaint…
Oil Prices Rally as US Inventory Drops Boost Market Confidence
West Texas Intermediate (WTI) and Brent crude oil have both seen a notable rebound, recovering from …
$3 Billion Aid Restored to American Farmers Amid Trade Tensions
In a move to support farmers affected by the ongoing trade dispute with China, the U.S. administrati…
Dollar Holds Steady as Franc Feels Pressure Amid Trade Optimism
The US dollar remained stable against the Swiss franc on Wednesday, finding a delicate balance betwe…
Euro Regains Balance as the U.S. Dollar Loses Steam
The euro managed to find its footing on Wednesday after three consecutive days of losses, recovering…
Market Analysis
January, 2024
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3 January 2024 3:13 pm
Gold prices rise as USD declines ahead of Fed
Gold prices saw a slight increase on Wednesday, supported by a weaker dollar and the market’s anticipation of key data releases, including the Federal Reserve meeting minutes and the private sector jobs report in the United States. These releases are crucial for gaining insights into potential changes in interest rates. …
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3 January 2024 1:42 pm
European stocks are stable as investors await indicators on monetary policy
European stocks showed modest performance at the start of trading on Wednesday, with the momentum that drove the market higher at the end of the previous year starting to wane. Investors are eagerly awaiting key indicators that could shape global monetary policy. As of 08:10 GMT, the European STOXX 600 …
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3 January 2024 12:49 pm
USD stabilizes as risk appetite declines
The dollar experienced a slight decline on Wednesday, despite remaining near its highest level in two weeks. This was supported by factors such as rising US Treasury yields and caution in risk appetite, impacting Wall Street. Trading activity was relatively thin in Asia due to the holiday in Japan. The …
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3 January 2024 11:15 am
Oil prices rise due to continued shipping tensions through the Red Sea
Oil prices experienced a slight increase in early Asian trading on Wednesday, driven by ongoing concerns about shipping disruptions in the Red Sea and escalating tensions in the Middle East. As of 0004 GMT, Brent crude rose by 26 cents, or 0.4 percent, reaching $76.11 per barrel, while US West …
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3 January 2024 1:22 am
Market Drivers – US Session, January 3, 2024
On Tuesday, the US dollar emerged victorious overall, with a strong appreciation vs all of its main competitors. By the end of 2024, investors were back in the USD due to signals of slowing global growth. S&P Global published the Manufacturing PMIs for December for a number of significant economies, …
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3 January 2024 1:20 am
WTI falls by 1% after briefly surging
Earlier on the trading day, oil rose on the back of news reports about ship attacks near Yemen. However, economic data continues to soften. OPEC production unexpectedly increased, further pressuring WTI bids. News reports of ongoing attacks on cargo ships off the coast of Yemen sparked a brief rally in …
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3 January 2024 12:52 am
GBP/USD sees retreats on stronger dollar ahead of jobs data
The GBP/USD pair fell below the 20-day SMA, reaching 1.2320. The US dollar’s recovery was fueled by rising yield rates and a risk-off market mood. December’s labour market figures are expected to influence Fed’s next monetary policy decisions. If the US economy continues to show resilience, the pair is likely …
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2 January 2024 11:52 pm
Traders’ Attention Shifts To FOMC Minutes, JOLTS Report
On Wednesday, traders’ attention will be centered on US economic data, with bets on the direction of interest rates continuing, as earnings and updates are once again scarce.Fed is determined to monitor emerging economic data before indicating any changes to future monetary policy, so the Job Openings and Labour Turnover …
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2 January 2024 11:14 pm
Canada’s dollar slides against US counterpart on PMI data
The Canadian Dollar is easing back against the US Dollar as the 2024 trading year begins, with the Canadian S&P Global Manufacturing Purchasing Managers’ Index (PMI) falling to a 43-month low. The US Manufacturing PMI component also fell below expectations, keeping market risk appetite low and propping up the US …
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2 January 2024 9:51 pm
Wall Street begins 2024 down on surging yields rise
The first trading session of 2024 saw a decline in the US stock market as investors lowered their expectations for interest rate cut this year. Tuesday’s drop in Apple shares is due to a downgrade by Barclays. Tesla continues to deliver record numbers in Q4. The drab beginning comes after …
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2 January 2024 8:34 pm
Swiss Franc weakens against the US Dollar on first 2024’s trading
On first 2024’s trading, the Swiss franc starts losing ground against the US dollar as the latter strengthened due to rising Treasury yields. This implies that bond traders might be indicating that they believe the inflation outlook will be more difficult than anticipated. Higher US Treasury rates, which have increased …
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2 January 2024 7:46 pm
Gold declines, still within bullish zone on rate cut bets
Gold prices are gaining momentum for 2024, with prospects of a Fed interest rate reduction starting in March. Factors boosting rate-cut hopes include a 2% decline in underlying inflation and easing labor market conditions due to restrictive monetary policy. However, the precious metal faces a marginal sell-off as the US …
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