According to Statistics Canada statistics released on Tuesday, Canada’s annual inflation rate decreased more than anticipated in February as lower gas prices and slower housing cost growth helped down the consumer price index to its lowest point since January 2022. Inflation fell from 5.9% in January to 5.2% in February, …
Read More »Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand
The Pound Sterling slumped against the US Dollar on June 13, 2025, as heightened Iran-Israel tension…
EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out
European gas markets are tense as the EU tightens methane emissions rules while aiming to end Russia…
USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution
The USD/JPY pair surged above 144.00 on June 13, 2025, so, the pair was trading at 144.14, before st…
Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver
Adobe (ADBE) shares dropped on June 13, 2025, after Q2 earnings beat expectations but drew mixed ana…
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…
Market Analysis
March, 2023
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21 March 2023 3:27 pm
Oil increases as short-term banking jitters subside
While the rescue of Credit Suisse allayed concerns about threats to the global banking sector that may hinder economic development and fuel demand, oil prices increased on Tuesday, continuing their rebound from a 15-month low recorded the previous day. In the aftermath of UBS’ acquisition of Credit Suisse and after …
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21 March 2023 2:37 pm
German ZEW Economic Sentiment Index declines to 13.0 in March
The German ZEW headline number showed that the Economic Sentiment Index worsened in March, arriving at 13.0 from 28.1 in January, missing the market expectation of 16.4. Meanwhile, the Current Situation Index came in at -46.5 from -45.1, worse than the market expectation of -45.8. During the same period, the Eurozone …
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21 March 2023 1:56 pm
Dollar is taking a breather as all eyes turn to Fed meeting
The dollar stabilized in Asian markets on Tuesday, but struggled to move away from its lowest levels in five weeks, as dealers believed that banking pressures would prevent the Federal Reserve from raising interest rates by a large amount, or perhaps not at all, at its meeting this week. The …
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21 March 2023 12:53 pm
Gold prices are rising as investors focus on Fed meeting
Gold prices rose on Tuesday as investors awaited the Federal Reserve’s meeting amid growing expectations that it will slow the pace of its monetary tightening in light of the banking sector’s turmoil. Spot gold rose 0.2 percent to $1,982.29 an ounce by 0546 GMT. US gold futures jumped 0.1 percent …
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21 March 2023 3:57 am
Market Drivers – US Session 20/03/2023
The currency market reacted to the uptick in market’s sentiment on Monday. The Fed’s meeting and banking industry developments will be the main influences on the upcoming sessions. On early Tuesday, the FOMC meeting gets started. The Fed is in a challenging situation. The market is pricing a 70% probability …
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21 March 2023 3:40 am
WTI hovers around $67.60s after nosediving to fresh lows
At the start of Tuesday’s Asian session, Western Texas Intermediate registers only slight losses. The current increase in WTI was a result of the weaker US Dollar and positive risk appetite.The outcome of monetary policy decisions by two significant central banks might drive down oil prices. The US benchmark crude …
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21 March 2023 3:15 am
S&P Experts: Fed won’t abandon inflation battle on US bank collapses.
On Tuesday, S&P analysts think it is doubtful that the failure of several US banks will prevent authorities from continuing their efforts to control inflation.The global rating agency also mentioned that the decision to write off Credit Suisse’s AT1 bonds may contribute to a higher cost of capital for banks.On …
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21 March 2023 2:19 am
EUR/USD oscillates above 1.0700 ahead of Fed’s policy
The EUR/USD pair is trading at about 1.0722 and is aiming towards 1.0750 as risk appetite among investors has improved. To regain market participants’ confidence, the Fed may decide to postpone further rate increases. ECB Lagarde affirms that the exposure of Eurozone banks to Credit Suisse was measured in millions …
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21 March 2023 1:34 am
Bulls advance on GBP/USD chart
Bulls have entered the GBP/USD pair on identical highs, while Bears are hiding, and 1.2200 is a crucial support. Investors’ rushing flight to safety around the most recent revelations in the banking industry has eased, and GBP/USD has risen over the 1.22 level for the first time since early February. …
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21 March 2023 12:23 am
French administration narrowly avoids a vote of no confidence
Only nine votes separated the French National Assembly from rejecting a motion of no confidence in President Emmanuel Macron’s administration. With 278 votes, the motion received the 287 necessary to pass.The proposal to raise the retirement age from 62 to 64 is being met with stiff resistance from Macron’s government. …
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20 March 2023 11:04 pm
US Stocks on hopes for banking crisis to ease
US stocks rose Monday, as traders grew hopeful that a crisis in the banking sector may be easing. The gains followed a forced takeover of Credit Suisse by UBS engineered by the Swiss government.The Dow Jones Industrial Average gained 330 points, or `%. Meanwhile, the S&P 500 rose 0.7%, while …
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20 March 2023 9:33 pm
Gold’s rally fades on failure to sustain key technical resistance
Improved market sentiment on Monday reduces demand for the safe-haven assets, including gold. This is preventing the Gold Index (XAU/USD) from powering higher. However, market’s overall confusion could soon resurface if the Fed fails to convince investors this week that the worst is over in terms of financial instability.Gold price …
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