Government data showed that the Japanese economy grew by 1.6% on an annual basis in the first quarter of the year, as strong private consumption and an unexpected increase in capital spending offset the decline in external demand. The GDP figures for the first quarter far exceeded economists’ median estimate …
Read More »Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears
Israeli airstrikes on Iranian nuclear and military sites on June 13, 2025, have fueled fears of a wi…
Consumer Sentiment Surges as Trade Tensions Ease and Inflation Fears Cool
Consumer confidence in the U.S. rebounded sharply in early June 2025, with the University of Michiga…
Trump Urges Iran to Reach Nuclear Deal After Israeli Airstrikes, Fears of Escalating Conflict
U.S. President Donald Trump has called on Iran to agree to a new nuclear deal following Israel’s lar…
U.S. Stock Futures Drop as Israel-Iran Tensions Escalate, Oil Prices Surge
U.S. stock index futures dropped sharply on Friday after escalating tensions in the Middle East, tri…
Bitcoin Prices Drop Amid Middle East Tensions and Risk-Off Sentiment
Bitcoin prices tumbled on Friday, as escalating tensions in the Middle East, following Israel’s larg…
European Stocks Drop as Israel Strikes Iran, Crude Prices Surge
European stocks took a sharp downturn on Thursday, while crude oil prices surged, following Israel’s…
Asian Equity Markets Fall as Israel-Iran Tensions Rise and Trade Concerns Persist
Asian equity markets saw sharp declines on Friday as escalating tensions in the Middle East, followi…
Oil Prices Surge as Israel Strikes Iran
Oil prices surged in Asian trading on Friday after Israel launched a major pre-emptive strike on Ira…
Euro Soars to Near Three-Year High as PPI Data and Trump’s Tariffs Sink US Dollar
The Euro surged against the US Dollar for the second consecutive day, nearing a three-year high, as …
Why Do U.S. Bond Yields Keep Declining?
U.S. bond yields experienced a significant setback on Thursday following the release of producer pri…
Market Analysis
May, 2023
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17 May 2023 1:34 pm
ECB looks for new top supervisor to succeed Enria
The European Central Bank said on Wednesday that it is seeking for a new top bank supervisor to replace Andrea Enria, whose tenure expires at the end of the year. Candidates for the position of chair of the ECB’s Supervisory Board, the eurozone’s most senior banking watchdog, must apply by …
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17 May 2023 12:34 pm
Japan’s Nikkei closed above 30,000 points for the first time in 20 months
On Wednesday, Japan’s Nikkei index closed above 30,000 points for the first time since September 2021, supported by a weaker yen and a strong domestic earnings season. The Nikkei index ended Wednesday’s trading up 0.84 percent at 30,093.59 points, after hitting a high of 30,115.32 points in the afternoon session. …
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17 May 2023 11:48 am
European stock futures edge higher
European stock markets are expected to open in a cautious manner Wednesday amid U.S. debt ceiling uncertainty and ahead of the release of the final eurozone inflation figures for April. At 06:00 GMT, the DAX futures contract in Germany traded 0.1% higher, CAC 40 futures in France climbed 0.1% and …
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17 May 2023 10:45 am
Stability of gold amid concern about the negotiations to raise the US debt ceiling
Gold prices were little changed on Wednesday, as investors worried about the protracted negotiations over raising the US debt ceiling, and the rise in the dollar also helped keep prices under control. Spot gold prices rose 0.1 percent to $1991.35 an ounce by 0455 GMT. US gold futures witnessed little …
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17 May 2023 10:00 am
Oil is falling on demand concerns after a sudden increase in US inventories
Oil prices fell for a second day on Wednesday after a surprise rise in US crude inventories raised concerns about demand in the wake of weaker-than-expected economic data from the United States and China, the world’s two largest oil consumers. Brent crude futures fell 29 cents, or 0.4 percent, to …
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17 May 2023 5:17 am
Market Drivers – US Session – 16/05/2023
Gold was subject to a sharp drop below $2,000, remaining under pressure and potentially testing the crucial support level of $1,970. Silver also lost ground, falling to $23.60. Crude oil prices retraced some of Monday’s gains, with WTI ending around $70.55. Cryptocurrencies also experienced losses; BTC/USD falling below $27,000 by …
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17 May 2023 4:34 am
What signals have Fed officials sent to market within 24H
“Fed will have to stay ‘super strong’ in its inflation commitment,” said Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic while participating in a conference hosted by the Federal Reserve Bank of Atlanta. “Fed is ‘far beyond success’ on its employment mandate, a ‘bit of pulling back’ in the …
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17 May 2023 12:38 am
Stocks mixed amid debt-ceiling talks, retail sales data
Wall Street is watching for signs of movement in the debt-ceiling impasse, with a meeting between President Joe Biden and House Speaker Kevin McCarthy set for Tuesday afternoon in Washington.US stocks were mixed during midday trading on Tuesday as investors digested fresh economic data and focused on negotiations over the …
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16 May 2023 11:39 pm
Oil retreats on dimmed demand outlook after China, US data
Oil futures retreated on Tuesday as weaker-than-expected economic data in China and the United States counterbalanced a forecast of higher global demand from the International Energy Agency. Brent crude futures settled 32 cents lower to $74.91 a barrel and US crude edged down 25 cents to $70.86. Chinese data showed …
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16 May 2023 10:46 pm
Home Depot’s Q1 earnings send warning signs for US retailers
Home Depot’s weak Q1 earnings send warning signs for other retailers. The revised prediction for Home Depot shows that even more affluent Americans who own homes have started to be frugal with their money. Target and other retailers who report in the upcoming weeks may be worse off due to …
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16 May 2023 9:42 pm
Gold falls amid high US bond yields
Gold prices fall 1.48% as US economic data showcases resilience, led by strong retail sales and industrial production figures. Hawkish tones from Fed officials Mester and Barkin contribute to rising US Treasury bond yields, further pressuring gold prices; trading at $1985. 76 per ounce at the time of writing. Upcoming …
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16 May 2023 8:31 pm
AUD/USD slides after RBA’s minutes, weaker Chinese data
The AUD/USD pair falls 0.62% as US economic data remains strong, while weaker-than-expected Chinese data weighs on the Australian Dollar.Hawkish remarks from Federal Reserve officials and concerns over “unacceptably high inflation” keep the US Dollar well-supported in the North American session. The Reserve Bank of Australia minutes show potential for …
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