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 …
Read More »U.S. Economy Defies Tariff Fears with Robust 3% Growth in Q2
The U.S. economy grew at a robust 3% annual rate in Q2 2025, surpassing the 2.3% forecast despite tr…
Bank of Canada Holds Rates Steady Amid U.S. Trade Uncertainty
The Bank of Canada opted to keep its policy interest rate unchanged at 2.75% on Wednesday, July 30, …
U.S. Economy Grows at a Strong 3% Annual Rate in Q2, Surpassing Expectations
The U.S. economy expanded at a 3% annualized rate in the second quarter of 2025, according to the Bu…
U.S. Private Sector Employment Surges in July, Indicating Economic Resilience
According to the latest data from Automatic Data Processing (ADP), private sector employment in the …
Eurozone Economic Growth Slows as Trade Tensions and U.S. Tariffs Weigh on Outlook
The eurozone economy grew slightly faster than expected in the second quarter, but the overall perfo…
Gold Prices Unchanged Amid U.S. Trade Uncertainty and Fed Decision
Gold prices remained largely stable on Wednesday as investors weighed ongoing U.S. trade uncertainty…
Oil Prices Steady Amid U.S. Inventory Build and Federal Reserve Meeting
Oil prices remained steady in Asian trade on Wednesday, after sharp gains earlier this week, as mark…
BoC Poised to Hold Rates Steady Amid Trade Tensions
As the Bank of Canada prepares to announce its interest rate decision on Wednesday, July 30, 2025, e…
Crude Oil Surges as Trump Issues Ultimatum to Russia
Crude oil prices soared on Tuesday, driven by heightened geopolitical tensions as the U.S. issued a …
Pound Slips Amid Risk-Off Sentiment and US-EU Trade Deal Concerns
The British pound faced modest losses on Tuesday, caught in the crosshairs of a resurgent US dollar …
Market Analysis
September, 2023
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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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21 September 2023 12:58 pm
The Nikkei closed lower on hawkish Fed outlook
Japan’s Nikkei index closed down more than 1 percent on Thursday, as heavyweight technology stocks tracked their American counterparts after the Federal Reserve showed a tendency to tighten monetary policy and expected to raise interest rates again by the end of the year. The Nikkei index fell 1.37 percent to …
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21 September 2023 12:13 pm
Dollar rises and the yen is under pressure ahead of the Japanese central bank’s interest rate decision
The dollar recorded new highs against some currencies on Thursday, as it remained near its highest levels against the yen since early November, after the US Federal Reserve showed a tendency to tighten after keeping interest rates unchanged. The dollar index, which measures the currency’s performance against a basket of …
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21 September 2023 10:59 am
The Bank of England’s rate hike decision is uncertain due to cooling inflation
When will the Bank of England announce its interest rate decision, and what potential impact could it have on GBP/USD? The Bank of England is widely anticipated to increase the Bank Rate, its benchmark interest rate, by 25 basis points (bps), moving it from 5.25% to 5.50%, with the announcement …
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21 September 2023 1:39 am
Market Drivers Post FOMC Decision, September 20
The US central bank unanimously decided to keep interest rates at 5.25-5.50%. Comparing the Fed’s announcement to the July meeting, there were little differences. The majority of FOMC members predicted that another rate increase might be necessary before the year is through. During the press conference, Fed Chair Powell made …
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21 September 2023 1:23 am
Wall Street dimmed post-FOMC decision
After the US Federal Reserve kept key interest rates unchanged and revised economic projections higher, Wall Street declined even as Fed Chair Jerome Powell warned the battle against inflation was far from over. All three major US stock indexes whipsawed in the wake of the announcement and the accompanying Summary …
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20 September 2023 11:55 pm
Powell’s Recap: Warns of Gov Shutdown, Comments on Soft Landing
The benchmark funds rate was held unchanged in September by the Fed in a range of 5.25% to 5.5%. Jerome Powell, the chair of the Fed, has provided his forecast on rates, the economy, and the possibility of a gentle landing. The central bank has increased its benchmark borrowing rate …
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20 September 2023 10:45 pm
Fed’s Dot Plot indicates possible one more rate hike in 2023
According to median projections provided on Wednesday, the Federal Reserve still expects to raise interest rates once more before the end of the year.The median forecast for the federal funds rate at the end of this year, according to the central bank’s most recent Summary of Economic Projections, is 5.6%, …
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20 September 2023 10:21 pm
Fed’s policy statement adopts obvious hawkish language
the US central bank’s policy statement, following FOMC meeting in September, adopts obvious hawkish language. The Fed said that the economic activity continued to expand at a solid pace and noted that job gains have slowed but remain strong. Moreover, the US central bank reiterated inflation remains elevated and that …
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