Due to the weight of global stories, crude oil prices are still holding to recent highs. Hopes for a Gaza ceasefire are still alive, but emotions are still high.The OPEC production limitations are mitigated by the ongoing increase in US crude oil production. As a possible truce in the Gaza …
Read More »Dollar Arrests 4-Day Slide as Markets Freeze Ahead of Warsh’s Fed Debut: Iran Deal Shifts Focus to Central Bank Trajectories
Key Takeaways Dollar stabilizes: The DXY traded largely flat at 99.55 — near a 10-day low — ending i…
UK Inflation Holds at 2.8% in May, Beating Forecasts: Iran Peace Deal Sparks Hopes of Peak Passing as BoE Holds Tomorrow
Key Takeaways CPI steady at 2.8%: UK inflation was unchanged from April’s 13-month low — well …
Gold Pauses After Four-Day Rally as Fed Decision Looms: World Gold Council Survey Shows Central Banks Buying More
Key Takeaways Gold steadies: Spot gold edged down 0.1% to $4,327.56 per ounce, while gold futures ti…
Oil Falls for Fifth Straight Session to March Lows: Iran Deal Supply Wave Looms as API Flags Massive 8.3M Barrel Draw
Key Takeaways Five-day losing streak: Brent fell 0.9% to $78.23 per barrel, while WTI slipped 1.2% t…
Euro Holds Firm Despite Headwinds as Strong German Data Limits Losses
The euro remained resilient against the U.S. dollar on Tuesday, supported by encouraging economic da…
Pound Sterling Gains Ground Against U.S. Dollar as Risk Appetite Improves
The British pound strengthened against the U.S. dollar on Tuesday as improving investor sentiment re…
Fed Set to Hold Rates, but Warsh Holds the Spotlight As Wall Street Awaits What’s Beyond Interest Rates
The Federal Reserve’s June meeting is shaping up to be one of the most closely watched policy …
PayPal Enters Oversold Territory, but Is It a Genuine Buying Opportunity?
Amid continued volatility across the fintech sector in 2026, PayPal (PYPL) has emerged as one of the…
What Trump Heard from Carney About Chinese EVs—and Why It Matters
A seemingly casual exchange between the Canadian prime minister and U.S. President Donald Trump has …
Resilient but Not Relaxed: Europe Faces Its Next Economic Test
Europe’s growth holds firm as inflation risks refuse to fade. As geopolitical tensions show signs of…
Market Analysis
February, 2024
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12 February 2024 9:57 pm
What should investors know about Chinese stock market crisis?
The Chinese stock market collapse has significantly impacted foreign institutional investors, who considered China a key investment hub. The real estate crisis, slow growth, deflation, and demographic headwinds have worsened the outlook of the Chinese market. The recent uptick in the Shanghai Shenzhen CSI 300 index is insufficient to offset …
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12 February 2024 9:31 pm
US stocks gain traction after flat opening
The Energy Sector is the best-performing major sector in the S&P 500 so far on Monday, rising 0.8% on the day. On the other hand, the Health Care Sector is down 0.3%. Diamondback Energy Inx. (FANG) is up more than 10% as the top gainer in the first half of …
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12 February 2024 8:20 pm
Bitcoin Surges to $50k on ETF Demand
Bitcoin has surged to $50,000 for the first time in over two years, marking a remarkable comeback from a series of crypto industry scandals and bankruptcies. The original cryptocurrency has tripled in value since the start of last year, climbing back from a 64% plunge in 2022. Bitcoin last traded …
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12 February 2024 7:40 pm
Eurozone banks urged to plan for emerging risks
Claudia Buch, the new top regulator at the European Central Bank, has urged lenders to develop detailed plans for responding to emerging risks that could impact their business. She emphasized the need for banks to anticipate risks and not only respond to them but also anticipate them. Buch, who became …
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12 February 2024 3:26 pm
Turkey’s Unemployment Rate Drops to 8.8% in December
Official data released on Monday revealed that Turkey’s unemployment rate experienced a slight decline of 0.1 percentage points on a monthly basis, reaching 8.8 percent in December. This brings the rate closer to the lowest levels observed in a decade, recorded in October. Labor Force Participation Rate Increases According to …
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12 February 2024 3:25 pm
Dollar Steadies Amidst Asian Market Holiday
The dollar found stability on Monday, with most major Asian markets closed for a holiday, delaying the start of what could evolve into a bustling week. Attention now shifts to US inflation data for clues on the Federal Reserve’s potential interest rate cuts. Euro Edges Lower, Eyes on Euro Zone …
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12 February 2024 3:24 pm
European Stocks Rally: Following Wall Street’s Lead
Amidst optimism sparked by Wall Street’s milestone achievement, European stocks surged on Monday, echoing the Standard & Poor’s 500 index’s historic close above the five-thousand-point mark for the first time. Investors turned their attention to a mix of corporate earnings and economic indicators, eagerly anticipating cues for potential interest rate …
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12 February 2024 11:42 am
Gold Prices Hold Steady Amid Holiday Lull, Await Fed Remarks and Data
Gold prices stabilized on Monday, experiencing modest trading activity as investors awaited statements from Federal Reserve officials and key economic data releases. Here’s a breakdown of the latest developments influencing the precious metal market: Stable Gold Prices Amid Holiday Period Gold settled in spot trading at $2,023.03 per ounce, showing …
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12 February 2024 10:23 am
Oil Prices Dip in Asian Trading Amid Easing Middle East Tensions
In early Asian trading on Monday, oil prices saw a slight decline following Israel’s announcement of the cessation of strikes on the southern Gaza Strip, providing some relief from concerns about potential disruptions to supplies from the Middle East. Here’s a closer look at the key developments shaping oil markets: …
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12 February 2024 4:55 am
Weekly Recap: Markets bracketed by Powell’s interview, revised US inflation
Due to the parity of factors that affected the trading environment over the preceding period, the price movement of practically all traded assets closed last week’s trading on the global financial markets with a moderate change.These factors started with investors’ focus on the statements and comments by Federal Reserve Chair, …
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10 February 2024 12:44 am
PepsiCo earnings top estimates, but Q4 revenue slides for the first time in 4 years
PepsiCo reported mixed quarterly results as North American demand for its food and drinks weakened. CEO Ramon Laguarta said that U.S. sales broadly slowed down in the fourth quarter, partly due to pricing and consumers’ disposable income situation. US consumers are also shifting their behavior from eating and drinking at …
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9 February 2024 11:52 pm
EUR/USD capped below 1.0800 despite thin gains
The EUR/USD pair found some room higher but still lacks upside momentum. Final German HICP and CPI inflation brought no surprises.US CPI inflation, EU GDP figures slated for next week. The EUR/USD found some room on the high side on Friday, continuing a near-term recovery. However, the pair remains firmly …
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