Wall Street’s main indexes reached new all-time highs last week, with the Dow Jones Industrial Average (DJIA) at 39,143.98, the Nasdaq Composite up 0.15% at 16,015.32, and the S&P 500 trading near Friday’s closing level at 5,088 midday on Monday. The Energy Sector is the best-performing major S&P sector in …
Read More »Oil Prices Soar Amid U.S.-Iran Tensions – 2026 Outlook Brightens
Crude Oil Surges as Geopolitical Tensions Heat UpGlobal oil prices surged sharply this week as tensi…
Wall Street Stumbles as Global Tensions Bite, Inflation Clouds the Outlook
Wall Street opened today under a heavy cloud of renewed inflation worries. Fresh data showed that pr…
SpaceX ETF Hits Turbulence as Private Stock Stakes Balloon, A Private Giant in Public Hands
The SpaceX ETF is under the spotlight as its stake in the private space company has soared to nearly…
Behind the AI Race Scene: Is Apple Playing a Different Game?
In the high‑stakes world of artificial intelligence, the headlines are dominated by tech giants raci…
Gold Surges Past $5,200 Amid US-Iran Tensions
Gold reclaimed the $5,200 level on Friday, driven by heightened geopolitical risks and a surge in sa…
Dollar Fails to Shine as Inflation Heats Up, Euro Holds Its Ground, Yen Finds Footing
The U.S. dollar is showing signs of hesitation despite recent inflation data that many had expected …
Inflation Heats Up Again: Rising Producer Prices Shake Markets, Bitcoin Slips
Fresh U.S. inflation data has stirred markets, showing that price pressures are still lingering in t…
Germany’s Inflation Cools to 1.9% in February, Easing Pressure on the Euro
Germany’s annual inflation slowed to 1.9% in February, down from 2.1% in January, signaling a modest…
Oil Jumps as Iran Nuclear Talks Stall, Reviving Fears of Middle East Supply Disruptions
Oil prices climbed sharply on Friday after negotiations between the United States and Iran over Tehr…
Wall Street Futures Slide as Nvidia Pullback and Inflation Jitters Darken Week’s End
U.S. stock index futures fell on Friday, signaling a cautious close to the week as renewed pressure …
Market Analysis
February, 2024
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26 February 2024 5:40 pm
US Dollar Weakens in European Markets Amidst Yield Slowdown and Awaited Economic Data
Dollar Resumes Decline Amidst Yield Slowdown and Market Anticipation In European markets on Monday, the US dollar faced renewed downward pressure against a basket of global currencies, marking a continuation of losses halted in the previous session. This decline signals a trajectory towards testing the lowest levels seen in three …
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26 February 2024 4:35 pm
European Stocks Retreat as Dollar Strength Dampens Sentiment
European Markets Witness Decline Amidst Dollar Strength and Inflation Data Anticipation European stocks commenced trading on Monday with a downturn, as dollar-denominated commodities faced diminished appeal in light of the strengthening US currency. Investors remained on edge, awaiting pivotal inflation data releases scheduled for this week in both the eurozone …
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26 February 2024 2:17 pm
European Stocks Retreat as Dollar Strength Dampens Sentiment
European Markets Witness Decline Amidst Dollar Strength and Inflation Data Anticipation European stocks commenced trading on Monday with a downturn, as dollar-denominated commodities faced diminished appeal in light of the strengthening US currency. Investors remained on edge, awaiting pivotal inflation data releases scheduled for this week in both the eurozone …
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26 February 2024 1:13 pm
Oil Prices Dip Amidst Inflation Concerns and Market Uncertainty
Early Asian Trading Reflects Persistent Pressure on Oil Prices Early Asian trading on Monday witnessed a continuation of the downward trend in oil prices, extending losses from the previous session. Concerns surrounding higher-than-expected inflation and its potential impact on US interest rate policy weighed heavily on market sentiment, amplifying uncertainty …
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26 February 2024 1:04 pm
Dollar Gains Momentum Ahead of Key Economic Data
Dollar Strengthens in Anticipation of Crucial Economic Indicators The dollar asserted its strength on Monday as market participants braced for a week replete with significant economic data releases. With a particular emphasis on inflation metrics, investors keenly await insights into global interest rate expectations, shaping currency market dynamics. Key Economic …
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26 February 2024 1:39 am
Financial Markets Recap: Gold, stocks take the lead as Fed awaits US inflation data
Last week’s trading closed with risk-linked assets overperforming safe haven assets, leading to a weekly loss in the US dollar versus gains for gold as well as US stocks over the week, as most risk assets kept surging. An interesting competition was strong between the minutes ff the Fed’s last …
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24 February 2024 3:06 am
Dow Jones closes rallying week with a fresh record
The S&P 500 surged just above the flatline, notching a new closing high, while the Dow Jones increased 0.2%, or about 60 points, claiming a fresh record of its own. The Nasdaq Composite headed in the opposite direction, finishing down 0.3% after a blockbuster week.Investors appeared to catch their breath …
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24 February 2024 1:55 am
Surging risk appetite triggered US dollar’s recent weekly decline
The US dollar closed the week’s trading with a -0.30% decline, attributed to a surge in risk appetite. Treasury yields rose amid the Federal Reserve’s cautious approach to rate cuts and inflation data. The dollar’s strength is attributed to persistent inflation concerns, despite global market trends. The US Dollar Index …
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23 February 2024 11:43 pm
Gold records winning week amid positive market sentiment
Gold price surged on Friday, driven by retreating Treasury yields and a prevalent optimistic market sentiment. The risk-on pulse also prevailed, and gold attracted investors, defying typical safe-haven asset trends. Gold price resumed its weekly uptrend and finished the week in the green territory with 1.11% gains, taking advantage of …
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23 February 2024 9:20 pm
The US dollar declines below 104.00 as interest in PCE grows
The DXY exhibits mild daily gains in Friday’s North American session. The Federal Reserve’s measured approach alongside a robust labour market continue to diminish expectations of rate cuts. The market expects no chance for a March rate cut and less than a 25% chance of a cut in May. Investors …
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23 February 2024 8:33 pm
Fed speakers continue to dash Wall Street hopes of rate cut
A number of Federal Reserve policymakers have cautioned against reducing US interest rates excessively or prematurely in light of January’s unexpectedly high inflation. They essentially confirmed the minutes from the Federal Reserve’s most recent meeting in January, which revealed that the majority of central bank officials were apprehensive about the …
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23 February 2024 7:53 pm
EUR/USD marginally lower following mixed German data
The EUR/USD pair is trading at 1.0817, down 0.05% from the previous day’s gains against the dollar. The Eurozone’s largest economy contracted by 0.3% in Q4 2023, while business sentiment improved. The US economic calendar is absent, but recent unemployment claims figures and S&P Global Flash PMIs justify Fed officials’ …
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