The euro stabilized on Wednesday, January 4, and high-risk currencies recovered thanks to optimism that China’s lifting of Covid restrictions would boost growth, while investors’ focus shifted to US data and the Federal Reserve. The euro had lost 1% overnight, its biggest drop in more than two months after a …
Read More »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…
U.S. Inflation Slows Slightly in May, Misses Expectations and Pressures Dollar
Inflation in the United States, as measured by the Consumer Price Index (CPI), rose to 2.4% year-ove…
Market Analysis
January, 2023
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4 January 2023 2:12 pm
European shares rose for the third session as inflation slowed in France
European stocks extended their rally on Wednesday after a lower inflation reading in France boosted sentiment as investors await data on business activity in the eurozone and minutes from the Federal Reserve’s last meeting. The Stoxx 600 index of European shares rose 0.5 percent by 0808 GMT, while the French …
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4 January 2023 1:20 pm
Nikkei trailed Wall Street lower and closed at a 10-month low
The Nikkei index of Japanese stocks closed at its lowest level in nearly ten months in the first trading sessions in 2023, tracking the impact of Wall Street’s decline last night, while sentiment was also affected by the rise of the yen against the dollar. The Nikkei index fell 1.45 …
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4 January 2023 5:06 am
Market Drivers – US Session 03/01/2023
On Tuesday, the US dollar soared against all of its major rival currencies. The dollar started the day on the back foot, but secured robust gains early during the European session, triggering stops and further accelerating its advance. Key Developments EU countries reached an agreement on a coordinated approach to …
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4 January 2023 4:39 am
GBP/USD trades cautiously ahead of US Manufacturing data
The Dollar Index climbed to near two-week high around 104.65 after a solid recovery from 103.00. The GBP/USD pair has shifted its performance below the psychological support of 1.2000 in the early Asian session. The pair failed in taking control above the 1.2000 mark amid risk aversion. A significant drop …
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4 January 2023 1:58 am
Could it be a different year for Japan’s yen?
The Japanese yen was down slightly on the day at 130.77 after earlier hitting a six-month high of 129.51 against the US dollar. At the time of writing, the USD/JPY pair is trading at 131.32 at the time of writing. The yen’s latest rally followed a Nikkei report on Saturday …
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4 January 2023 12:54 am
Wall Street Grows Worried On Tesla’s Missing Delivery Estimates
Tesla delivered 405,278 vehicles in the fourth quarter of 2022. It is a record result for a quarter, but Wall Street was looking for closer to 420,000 electric vehicles.Fourth quarter deliveries have been disappointing, and Tesla’s shares are dropping while Wall Street analysts are closely watching price targets. Wall Street …
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3 January 2023 11:49 pm
WTI sinks beneath $78.00 on recession woes, stronger dollar
WTI, the US crude oil benchmark retreats more than 3% on Tuesday, due to increased concerns of diminishing demand from China, as the country battles spurring Covid-19 cases amidst increasing worries for a worldwide recession. At the time of writing, WTI is trading at $77.42 per barrel, below its opening …
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3 January 2023 10:59 pm
USD/CHF manages to hold onto strong daily gains
The US dollar has recovered momentum during the US session as market sentiment deteriorates. The Swiss Franc falls across the board, so, the EUR/CHF pair rises toward 0.9900. The pair has best performance in weeks, gains 1.40%. The USD/CHF pair is rising sharply on Tuesday amid a stronger US dollar …
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3 January 2023 9:53 pm
EUR/USD shakes ahead of FOMC Minutes
The US dollar’s strength continues on Tuesday despite the declining Manufacturing PMI data. On the other hand, the Euro extends its losses as a reaction to Germany’s inflation data. So far, the dollar recovered and reached fresh two-week highs, although T-yields retreated.The US Dollar Index climbs close to 1%, at …
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3 January 2023 8:43 pm
Silver sharply advances towards $24.30s
Silver rallied sharply, more than 1.60%, as liquidity conditions improved on Tuesday. The stronger US dollar was no excuse for the Silver Index to print solid gains, bolstered by falling US bond yields.Falling US Treasury yields underpinned the white metal. Wall Street is expected to enjoy a higher open, even …
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3 January 2023 7:37 pm
Germany’s inflationary pressures see no real easing
Data released on Tuesday has showed inflation slowdown in December in Germany more than expected. The Consumer Price Index (CPI) declined to 8.6% in December from 10% in November, but, in fact, core inflation increased further and added inflation will likely surge again in January.German inflation fell sharply from 10.0% …
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3 January 2023 7:09 pm
Bitcoin Edges Closer To $17k Ahead Of FOMC Minutes
Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begins to pick up after new year eve holidays. This development comes as traders turn their attention to Wednesday’s FOMC minutes. At the time of writing, bitcoin trading at $16,653. Ethereum also continued to trade above $1,200 in …
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