Gold prices are expected to rise towards record highs above $2,000 per ounce this year, with a little turbulence, as the United States slows the pace of rate hiking and eventually stops increasing them, according to industry analysts.Spot prices of the precious metal have shot above $1,900 an ounce, surging …
Read More »Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Market Analysis
January, 2023
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16 January 2023 7:31 pm
ECB’s Rehn: Acting Swiftly Now Can Avoid Volcker Shock
European Central Bank Governing Council member Olli Rehn said frontloading interest-rate increases to eliminate inflation could mean that ECB’s policymakers do not have to take even more drastic action down the line.“By acting swiftly now, we should be able to avoid what is often called a ‘Volcker shock’,” he said …
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16 January 2023 5:19 pm
Russia’s revenues from oil and gas increased in 2022
Russian Deputy Prime Minister Alexander Novak said today, Monday; Russia’s revenues from crude oil and natural gas increased by about 28% in 2022, in addition to an increase in oil exports by 7% and oil production by 2%. Also, Novak mentioned that Russia’s production and exports of liquefied natural gas …
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16 January 2023 5:18 pm
Toyota to produce 10.6 million cars globally in 2023, biggest output
Toyota Motor Corp. said Monday it aims to produce as many as 10.6 million vehicles in 2023, which could be its highest output. The Japanese auto giant added, however, that the final figure could be as much as 10 percent lower due to potential disruptions in the supply of parts. …
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16 January 2023 5:14 pm
Sability of USD after falling to its lowest level in 7 months
The dollar started the week on the decline, hitting a seven-month low against a basket of major currencies in Asian trading, and the yen was in focus as traders increased bets on the Bank of Japan adjusting its policy to control its bond yields further. The euro hit a new …
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16 January 2023 2:48 pm
Rise of European stocks, supported by the healthcare sector
European shares rallied on Monday, supported by gains in the healthcare sector that helped the main index extend its sizable gains so far into the new year, while Britain’s FTSE 100 hovered near a record high. The pan-European Stoxx 600 rose 0.1 percent in early trading, supported by a 0.8 …
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16 January 2023 1:18 pm
Cargo ship from Ukraine grounded in Istanbul’s Bosphorus Strait, traffic halted
The cargo ship MKK 1, traveling from Ukraine to Turkey, was grounded in Istanbul’s Bosphorus Strait on Monday and traffic in the strait was suspended but no damage was reported, shipping agents Tribeca said. Several tugs were among vessels sent to provide assistance to the ship, the coastguard authority said. …
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16 January 2023 12:30 pm
Gold is holding near a 9-month high, thanks to hopes of slowing interest rate hikes
Gold prices stabilized after rising to their highest levels in nearly nine months on Monday, as a weaker dollar and expectations of a slower Federal Reserve interest rate hike added to the yellow metal’s appeal. The price of gold in instant transactions was 1918.66 dollars an ounce at 0548 GMT. …
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16 January 2023 11:33 am
Nikkei closes at its lowest level in more than a week
Japan’s Nikkei index closed at its lowest in more than a week on Monday, as the yen’s rise weighed on exporters and investors bet that the Bank of Japan may have to adjust its stimulus policies this week at the earliest. The Nikkei closed Monday’s session down 1.14 percent to …
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16 January 2023 10:34 am
Asian shares rise, yen climbs as BOJ battles bond bears
Asian shares firmed on Monday as optimism about China’s reopening offset concerns the Bank of Japan (BOJ) might temper its super-sized stimulus policy at a pivotal meeting this week, while a holiday in U.S. markets made for thin trading. The yen climbed to its highest since May after rumours swirled …
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16 January 2023 9:23 am
Oil is declining, but it is hovering near the highest level in 2023
Oil prices fell in early Asian trade on Monday, but held near their highest levels since the beginning of the year amid optimism that demand for fuel will increase in China, the world’s largest crude importer, after the reopening of borders and the easing of restrictions imposed to combat Covid. …
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16 January 2023 5:39 am
Financial Markets’ Weekly Recap, January 9- 13
This weekly recap is tracing key developments across most financial assets during the previous trading week that witnessed the release of the CPI data in the United States and improved risk appetite benefiting some assets while impacting others:US DollarThe dollar was slightly lower against most of its G10 counterparts to …
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14 January 2023 3:40 am
Market Drivers – US Session 13/01/2023
The US Dollar Index (DXY), which measures the buck’s performance against a basket of six rivals, erases its earlier gains, down 0.04%, at 102.201. During the session, the USD/CHF cleared the 20-day EMA at 0.9293 and cleared the 0.9300 mark. Nevertheless, as the dollar weakened, the major retreated those gains …
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