Investors await the Fed’s latest FOMC meeting minutes after several regulators have comments on the current state of inflation and the importance of data-driven decision-making on interest rates going forward.A lot of what investors think the minutes will reflect today is consensus view from the officials and whether or not …
Read More »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 …
Trade Talks Intensify as August 12 Tariff Deadline Looms
Global trade negotiations are heating up as the United States and China race against a looming Augus…
US Session Key Drivers: Markets Brace for Fed Decision as Dollar Surges
The US dollar charged to new multi-week peaks on Tuesday, fueled by growing uncertainties in global …
FOMC Faces Firestorm: Unprecedented Split, Trump Pressure Looming Over Rate Decision
As the Federal Reserve prepares for its July meeting on Tuesday, July 29, 2025, a volatile mix of po…
Boeing’s Q2 Performance Shows Improvement Amidst Ongoing Challenges
Boeing, the prominent aircraft manufacturer, reported a narrowed second-quarter loss and increased r…
Bitcoin Remains Rangebound Amid Trade Talks and Fed Decision
Bitcoin stayed steady near $119,000 on Tuesday as investors awaited further clarity on U.S. trade ne…
Visa and Mastercard to Report Strong Quarterly Profits Amid Consumer Resilience and Trade Uncertainty
Visa (NYSE:V) and Mastercard (NYSE:MA), the world’s largest payment processors, are expected to repo…
European Equities Edge Higher Amid Trade Deal Optimism and Corporate Results
European equities saw a modest uptick on Tuesday, lifted by corporate earnings reports, notably in E…
Market Analysis
August, 2023
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16 August 2023 8:48 pm
Gold price hovers around $1900 ahead of FOMC minutes
As investors wait for the Fed minutes, gold is trading at approximately $1,900.00. The US Dollar benefits from the durability of the US economy and a downturn in China. Strong pay growth-driven consumer spending momentum could keep US core inflation stable.As investors wait for the FOMC minutes to provide direction …
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16 August 2023 7:36 pm
Sterling aims at more upside on still hot core inflation
The Pound Sterling climbs above 1.2750 after mixed United Kingdom inflation data for July. Monthly headline inflation contracted by 0.4%, slower than expectations of 0.5%. In June, headline CPI expanded by 0.1%.The UK Pound starts moving as core inflation supports further policy tightening. UK’s core inflation remains stronger due to …
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16 August 2023 4:41 pm
GBP rose after British inflation data and the Yuan at its lowest level in 9 months
The pound was set to post its biggest one-day gain in nearly two weeks on Wednesday after data showed Britain’s core inflation remained high in July, while the yuan fell to a nine-month low as concerns mounted of a further slowdown in growth. The pound sterling rose in the latest …
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16 August 2023 3:09 pm
UK inflation fell to 6.8% in July
Official data revealed on Wednesday that inflation in Britain slowed as expected in July to its lowest annual rate since February 2022, despite more indicators monitored by the Bank of England that reflect pressure on commodity and services prices. The Office for National Statistics said annual consumer price inflation slowed …
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16 August 2023 2:09 pm
Oil is falling due to Chinese growth fears, despite the scarcity of US supplies
Oil prices turned lower on Wednesday, extending the previous session’s 1 percent loss, as weak economic data from China outweighed tight US crude supplies. Brent crude futures fell 21 cents to $84.68 a barrel at 0249 GMT, while US West Texas Intermediate crude fell 20 cents to $80.79. Both benchmarks …
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16 August 2023 1:02 pm
European stocks opened lower, affected by mining companies with exposure to China
European stocks opened lower on Wednesday, with miners exposed to China leading losses after weak economic data from Beijing, while British stocks were pressured by a larger-than-expected headline inflation reading. And by 0708 GMT, the pan-European Stoxx 600 index was down 0.2%, after closing at its lowest level in more …
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16 August 2023 12:34 pm
Japanese Nikkei index ended trading at its lowest level in more than two months
The Japanese Nikkei index closed trading lower and reached its lowest level in more than two months, Wednesday, August 16, as expectations for the Chinese economy pressured risk appetite, including bank stocks, after a report on a possible downgrade of the rating of major US banks. The Nikkei index fell …
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16 August 2023 1:22 am
Market Drivers – US Session, August 15
The US Dollar Index exhibits obvious strength. It surged for the fourth day in a row on Tuesday, reaching its highest point in a month. With the help of rising risk aversion and a comeback in Treasury yields, the DXY was able to recoup its losses. Over 1% was lost …
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16 August 2023 1:08 am
Gold prices struggle as surging T-yields accumulate pressure
Following the release of official statistics showing a spike in retail sales by American merchants in July, the Treasury rates and the US dollar rose, sending gold prices further downward on Tuesday, closing at their lowest levels in more than a month.Following the release of higher than anticipated Retail Sales …
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16 August 2023 12:20 am
Despite strong US retail sales, UK wage growth drives GBP/USD uptrend
UK wages excluding bonuses soared to the highest growth rate since 2001, pushing unemployment to 4.2%. The GBP/USD pair surges following Monday’s session, which portrayed a ‘hammer’ formation, suggesting that further upside is expected. UK jobs data overshadowed positive economic data from the United States, as wages grew above estimates, …
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15 August 2023 11:32 pm
USD/JPY flat after US Retail Sales
After falling to the 145.10 low, the USD/JPY pair is neutrally trading around 145.65 at the time of writing. Strong US retail sales led markets to expect a Fed rate move in November. BoJ’s divergent monetary policies are hurting the yen, which is unable to gain from strong GDP figures.The …
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15 August 2023 10:28 pm
WTI retreats over 2% on China’s economic slowdown
At the time of writing, the price of a barrel of WTI crude oil is $80.292. On the whole, it is down nearly -1.86%. In response to the economy’s sluggish recovery, China’s central bank lowers crucial lending rates, which affects the outlook for global oil consumption. Saudi Arabia and Russia’s …
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