Australia is expected to report its February employment figures on Thursday, and as markets get closer to the release time, forecasts, from economists and researchers at five major banks regarding the upcoming employment data, are worth consideration.Australia is expected to have added 48.5K jobs versus the previous reading -11.5K in …
Read More »Gold Prices Surge Amid Iran Tensions and Trade Uncertainty
Gold prices saw a sharp rise in Asian trading on Thursday, as safe-haven demand surged due to escala…
Market Drivers: Assets Dance to CPI Data, US-China Trade Talks
Markets buzzed with activity on June 11, 2025, as assets like gold, silver, and the Canadian Dollar …
Silver Stalls Near 13-Year Highs: Trade Talks, CPI Data Hold the Key
Silver prices (XAG/USD) have hit a speed bump after a meteoric rise to 13-year highs near $37.00, no…
US-China Trade Deal: A Step Toward Stability or a Fragile Truce?
On June 11, 2025, President Donald Trump announced a US-China trade deal as “done” via h…
Gold Prices Surge on Cooling US Inflation and Fed Rate Cut Bets
Gold prices climbed modestly on Wednesday, with XAU/USD trading near $3,341.75, up up+0.55% after br…
EUR/USD Gains Momentum, Eyes 1.1500
EUR/USD has accelerated its upward climb, nearing weekly highs hovering around 1.15, exactly trading…
Dow Jones Surges Past 43,000 Amid CPI Data, Trade Talks Progress
The Dow Jones Industrial Average (DJIA) has climbed above 43,000 for the first time since February, …
Supply Outlook: EU Eyes Russian Imports, and US Inventories Signal Market Shift
According to the Energy Information Administration (EIA), US crude oil production is projected to de…
Stock Movers: Tesla, GameStop, and Beyond
Tesla’s Surge Sparks Electric Vehicle OptimismTesla’s stock climbed significantly in pre…
Trade Optimism, Shrinking Inventories Fuel Oil Prices Rally
WTI crude oil prices have climbed above $65.00, marking a significant 2% intraday gain as of June 11…
Market Analysis
March, 2023
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15 March 2023 5:23 pm
Oil fell on concerns of the banking sector
Oil extended its losses on Wednesday, with Brent crude hitting a three-month low as concerns about Credit Suisse raised concerns in global markets, limiting the positive impact of expectations of a recovery in Chinese oil demand. Indications of a return to calm and stability faded after the National Bank of …
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15 March 2023 4:22 pm
Turkey’s budget deficit is 170.6 billion liras in February following the earthquakes
The Turkish Finance Ministry said on Wednesday that the Turkish government’s budget recorded a deficit of 170.56 billion liras ($8.99 billion) in February, showing the impact of the violent earthquakes that hit the southeast of the country last month. The ministry added that the core budget, which does not include …
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15 March 2023 3:06 pm
ECB likely to stick to big rate hike despite banking turmoil
Policymakers at the European Central Bank are leaning towards a half-point rate rise on Thursday, as the banking sector crisis subsides, the eurozone economy strengthens, and inflation is expected to remain too high for years. When the collapse of Silicon Valley Bank (SVB) in the United States sent vibrations across …
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15 March 2023 1:24 pm
Energy Agency: Resuming China’s activities, air transport recovery increase oil demand
The International Energy Agency said on Wednesday that global oil demand is rising slowly, but is about to receive a significant boost, thanks to the resumption of air traffic and the resumption of economic activities in China after the lifting of restrictions related to Covid-19. “Global oil demand growth started …
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15 March 2023 12:15 pm
USD finds support as fears of a banking crisis subside
The dollar found support in Asian markets on Wednesday, as investors cut their expectations about cutting interest rates in the United States after easing fears of a banking crisis and the release of data showing that inflation remains high. In early trading, the wave of selling the dollar, which lasted …
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15 March 2023 11:51 am
Nikkei ends 3-day losing streak as banking stocks rise
Japanese banking stocks closed higher on Wednesday, helping the Nikkei index end a three-day losing streak, as markets regained some calm after investor fears of spillovers from the Silicon Valley bank collapse subsided. The Tokyo Stock Exchange’s banking index rose 3.3 percent, led by shares of Suruga and Shimane Banks, …
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15 March 2023 11:36 am
Gold prices fell as the dollar and bond yields rose
Gold prices fell on Wednesday as the dollar and US bond yields rose as investors assessed the path of US interest rates after a consumer price report showed that inflation remains high. Gold fell in the spot market 0.1 percent to $ 1901.24 an ounce by 0052 GMT, after falling …
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15 March 2023 3:50 am
Market Drivers – US Session 14/03/2023
Despite rising Treasury rates and CPI on Tuesday, the US dollar was unable to recover. Wall Street recovered and ended its five-day losing streak. The dollar continued to decline on Tuesday, although it managed to stay above Monday’s lows while remaining weak. The Nasdaq increased by more than 2%, while …
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15 March 2023 3:04 am
After SVB Collapse, Fed’s Bowman: America’s banking sector remains resilient
In a statement published by Reuters late on Tuesday, Federal Reserve Governor Michelle Bowman dispelled rumours that the US banking industry would face difficulties in the wake of the Silicon Valley Bank (SVB) scandal.Fed’s Bowman noted that the banking sector has strong capital and liquidity and that the Fed board …
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15 March 2023 1:30 am
WTI slides lower post CPI reading
Following the US CPI inflation reading for February, which increased at an annualised 6% pace, in line with predictions and down from 6.4% in January, oil prices are falling in noon trading. Inflation in the United States remains far over Fed’s target, raising the possibility of a recession, particularly in …
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15 March 2023 12:49 am
GBP/USD slides lower ahead of UK budget
The GBP/USD pair was lower on Tuesday but hovers around a one-month high on the back of the trading day’s softer US dollar that was dented at the start of the week due to the market turmoil in the banking sector. At the time of writing, the GBP/USD pair is …
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14 March 2023 11:54 pm
US stocks rebound following US inflation data
Following a significant selloff over the previous few days, regional bank stocks rallied to conclude the US trading session. On Tuesday, bank stocks increased and Treasury yields increased as some traders expected that banking sector hardship may be minimised, allowing the Federal Reserve to concentrate on fighting inflation.Compared to Monday’s …
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