Goldman Sachs sees Apple stock as having a chance of gaining about 32% over the next 12 months. The US bank said in a note on Sunday, March 5, that the market’s focus on slowing product revenue growth reduces the value of Apple’s wide range of products and its large …
Read More »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…
Silver Surges Above $36 as US Dollar Hits Three-Year Low
Silver (XAG/USD) has staged a strong recovery, climbing past $36.00 after hitting a five-day low of …
US Stocks Defy Geopolitical Tensions as Producer Prices Ease
US stock markets climbed on Thursday, shrugging off geopolitical uncertainties as softer-than-expect…
Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally
Gold prices surged to $3,386 on June 12, 2025, approaching the $3,400 mark as softer US economic dat…
Dollar Falls as Soft PPI Data Stokes Rate Cut Hopes
The U.S. Dollar tumbled on June 12, 2025, dropping to 98.00 on the U.S. Dollar Index after May’s U.S…
GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims
The GBP/USD pair surged to 1.3600, up over 0.47% in a single session, and at the time of writing, th…
Trump’s Shadow Looms Over Tesla’s Robotaxi Launch
Tesla’s robotaxi service, slated for a late June 2025 debut in Austin, Texas, promises to reshape ur…
U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty
The latest data from the Bureau of Labor Statistics (BLS) revealed that Producer Prices increased by…
Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns
The U.S. dollar fell to a new low for 2025 on Thursday, while global stocks eased from record highs,…
Market Analysis
March, 2023
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7 March 2023 3:51 pm
Investors and data: Russia begins exporting diesel to Saudi Arabia
Russia began exporting diesel to Saudi Arabia in February as it seeks to counter a European Union ban on Russian imports, traders said, Refinitiv data showed. A blanket European Union embargo on Russian oil products took effect on Feb. 5, prompting Russian exporters to redirect shipments to Africa and Asia, …
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7 March 2023 3:18 pm
France: Massive protests against the retirement system threaten to paralyze the country
France is witnessing massive demonstrations on Tuesday, March 7, against the pension reform proposed by President Emmanuel Macron, while unions expect to “paralyze” the country through strikes and demonstrations. “I call on the employees of this country, I call on citizens and retirees to demonstrate massively,” said the Secretary General …
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7 March 2023 1:52 pm
European stocks opened lower ahead of the beginning of the testimony of the US central bank chairman in Congress
European stocks recorded a slight decline in early trading on Tuesday, and technology stocks led the decline ahead of the beginning of the congressional testimony of Jerome Powell, Chairman of the Federal Reserve, while luxury goods companies gave up gains due to gloomy Chinese data. The pan-European Stoxx 600 index …
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7 March 2023 1:16 pm
OPEC officials discuss energy issues with executives of major US oil companies
Executives of major US oil companies held private meetings with top OPEC officials on Monday on the sidelines of a conference in Houston to discuss energy matters, people familiar with the matter said, continuing a tradition that began nearly five years ago when the two sides were fierce rivals. Both …
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7 March 2023 12:22 pm
Nikkei touches 3-month high as investor sentiment improves
Japan’s Nikkei share average rose to a three-month high on Tuesday, and the broader Topix index reached its highest level since late 2021, as investor sentiment improved thanks to a decline in long-term US Treasury yields. But analysts said that uncertainty limited the gains ahead of Federal Reserve Chairman Jerome …
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7 March 2023 12:07 pm
Oil rises on supply concerns and hopes for increased Chinese demand
Oil prices rose on Tuesday after industry executives cited concerns about a lack of spare capacity in the market and uncertainty about Russian supplies as demand recovers from China, the largest importer of crude. Brent crude futures were up 40 cents, or 0.5%, at $86.58 a barrel by 0154 GMT, …
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7 March 2023 3:51 am
Market Drivers – US Session 06/03/2023
It is typically a calm start to a busy week. Late on Monday, Wall Street pared gains to register a mixed close. As market investors wait for new direction from Fed Chair Jerome Powell, who will testify before the US Congress on Tuesday and Wednesday.The dollar likewise had a volatile …
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7 March 2023 2:50 am
CAD/USD maintains its positive momentum ahead of the BoC and important events
This week’s major events are anticipated to have an impact on the USD/CAD pair. For the day, the pair has moved between a low of 1.3581 and a high of 1.3628, increasing by 0.14%. At the time of writing, the price of the pair is 1.3609.It is going to be …
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7 March 2023 1:22 am
RBA Preview: Central Bank’s Decision Could Yield One of Three Possibilities
The Reserve Bank of Australia is about to issue its decision on interest rates, and economists are discussing their predictions for this event as well as the effects of every conceivable scenario on the price action of the AUD/USD pair.i) Hawkish +25 bps, likely by about 35%More interest rate rises …
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7 March 2023 12:00 am
WTI holds on $80s as focus shifts away from China onto America
WTI reversed some of its earlier losses and is now up for a fifth straight day as it approaches the $80s region. In the last three weeks, it achieved the highest closing price in the futures markets. Despite expectations for a slightly less robust recovery in China’s economy, the bulls …
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6 March 2023 10:55 pm
Gold price declines below $1850 on higher Treasury yields
Monday’s gold price decline is caused by rising US Treasury bond yields, which are up 0.49%. US factory orders decreased less than anticipated, but market players paid it little attention. At the time of writing, the price of the precious metal was 1846.62 per ounce, down from its previous closing …
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6 March 2023 8:04 pm
GBP/USD retreats as bears eye 1.2000 below the 100-DMA
The GBP/USD pair is testing the 100-day Exponential Moving Average at 1.2033. Traders are focusing on UK economic growth reading as well as Fed Chair Powell’s speech before the Congress, and US NFP figures. With the new trading week, the pair is trimming some of last Friday’s gains despite the …
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