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Gold exhibited stability during Friday’s trading on the seventeenth of November, poised to secure weekly gains amid heightened investor speculation surrounding the conclusion of the US Federal Reserve’s monetary tightening cycle. Continuing its upward trajectory, the price of gold tested its highest point in eight days, nearing the $1990 mark. …
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16 May, 2026 12:56 am
US Index Futures Under Pressure Amid Iran War Escalation and Oil Spike
US stock index futures moved lower ahead of the trading session, reflecting rising investor caution …
15 May, 2026 11:54 pm
Why It Matters: UAE Strengthens Energy Exports With Strategic Pipeline Bypassing Hormuz
The United Arab Emirates is moving to reshape its energy export strategy with the construction of a …
15 May, 2026 10:52 pm
Fragile Pause in the World’s Biggest Economic Rivalry After Leaders’ Talks
The trade relationship between the United States and China, the world’s two largest economies, remai…
15 May, 2026 9:46 pm
Carry Trades Roar Back as Interest Rate Gaps Drive G10 Currency Rally
Currency carry trades are enjoying their strongest performance in years as investors return to high-…
15 May, 2026 8:54 pm
British Pound Slides as UK Political Turmoil and Iran Tensions Boost US Dollar
The British Pound extended its sharp decline on Friday, heading toward its fourth consecutive daily …
15 May, 2026 7:47 pm
WTI Oil Surges Above $100 as Trump-Xi Summit Intensifies Supply Concerns
West Texas Intermediate crude climbed above the key $100-per-barrel level on Friday, as markets reac…
15 May, 2026 7:07 pm
Euro Slides Toward Monthly Lows as Hawkish Fed Bets Strengthen US Dollar
The Euro weakened further against the US Dollar on Friday, with the EUR/USD pair falling toward its …
15 May, 2026 4:46 pm
Oil Erupts Over 2% as Trump Declares War of Words on Iran: Weekly Gains Hit 10% Despite Xi Summit Charm Offensive
Key Takeaways Sharp Friday gains: Brent crude rose 2.8% to $108.65 per barrel, while WTI surged 3.4%…
15 May, 2026 3:53 pm
Trump-Xi Summit Wraps with “Series of New Consensus” — But Concrete Deals Remain a Mystery
Key Takeaways Second round concluded: Trump and Xi wrapped their second round of talks Friday, per C…
15 May, 2026 2:53 pm
Wall Street Futures Tumble as Iran War Threats and Chip Export Snub Crush Record-High Mood
Key Takeaways Futures fall sharply: S&P 500 futures dropped 1.1% to 7,440.50, Nasdaq 100 futures…
Market Analysis
November, 2023
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17 November 2023 11:33 am
Oil prices are heading for the fourth consecutive week of decline
Oil prices are heading for a fourth consecutive week of decline, and remained little changed in early Asian trading after falling by about five percent to the lowest level in four months yesterday, Thursday, amid concerns about global demand. Brent crude futures rose ten cents, equivalent to 0.1 percent, to …
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17 November 2023 3:55 am
Market Drivers – US Session, Nov. 16
The US Dollar Index rose marginally on Thursday, finishing around 104.40, despite weak economic data and the decline in US yields. Economic DataUS Continuing Jobless Claims reached the highest level since 2022, with Initial Claims rising to 231,000. Industrial Production declined by 0.6% in October, exceeding the expected contraction. The …
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17 November 2023 3:09 am
Is Bitcoin price paving the way for next halving?
Bitcoin as well as other cryptocurrencies rallied on Thursday. The most famous cryptocurrency has reached 18-month highs, with analysts expecting more upside if digital assets continue their momentum. At the time of writing, Bitcoin is trading at $36090.The next bitcoin halving in April is expected to reduce the issuance rate …
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17 November 2023 12:18 am
USD/JPY struggles on softer US dollar
The USD/JPY pair retraces some of Wednesday’s gains due to US Dollar weakness and a shift to safe-haven assets favoring the Japanese Yen. A short-term bearish bias with a potential deeper pullback if the pair falls below 150.92, with key support levels targeted at 150.32 and 150.00. A recovery above …
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16 November 2023 11:47 pm
US stocks mixed on US data, surprise earnings
US stocks closed mixed on Thursday, with Walmart falling 8% after earnings disappointing. The Dow Jones Industrial Average dropped about 0.1%, while the Nasdaq Composite and the S&P 500 gained near 0.1%. Walmart reported quarterly earnings that topped estimates and raised its annual outlook, but by slightly less than expected. …
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16 November 2023 10:18 pm
Bleak demand outlook drags WTI down to four-month lows
WTI is trading at $73.055 per barrel as US oil stocks rise more than anticipated. Earlier on the day, the American crude touched four month lows at $72.55.Concerns about declining oil demand are fueled by weak US economic indicators, such as an increase in unemployment claims and a decline in …
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16 November 2023 9:36 pm
Gold surges as soft data trigger bets on Fed
Gold price surged to a peak of $1,987, up 1.35%, earlier in the North American trading session. The Gold Index (XAU/USD) rose to $1,985, indicating a bullish bias. The US Industrial Production figures were below forecast, and the number of jobless claims reached a three-month high. The precious metal is …
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16 November 2023 8:34 pm
US dollar back in red territory after Jobless Claims report
The US Dollar has retreated to the red territory as weekly Jobless Claims contribute to dampen mood for quick recovery of the American currency. Traders are concerned about their future positioning as the US Dollar Index is nearing a break below 104. This suggests that the Fed is not fully …
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16 November 2023 7:33 pm
Are Biden-Xi talks able to achieve a Lot?
Little progress was made during the San Francisco meeting between President Joe Biden and Chinese President Xi Jinping, but both leaders made encouraging remarks about addressing climate change and enhancing communication. According to Biden, US support for China’s faltering economy is desirable, but not at the price of US intellectual …
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16 November 2023 5:55 pm
Saudi crude oil exports rise in September
Data from the Joint Organizations Data Initiative (JODI) showed on Thursday that Saudi crude oil exports in September rose three percent from the previous month to reach 5.75 million barrels per day. At the same time, the world’s largest oil exporters’ crude oil production increased by 0.7 percent to 8.98 …
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16 November 2023 2:35 pm
European stocks fell after rising in recent days
The European benchmark index fell on Thursday after a three-month rise as optimism about the peak of monetary tightening and an eventual interest rate cut faded. The European STOXX 600 index fell 0.2 percent by 0810 GMT, after increasing 2.5 percent over the past three days and recording its highest …
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16 November 2023 11:46 am
Gold rose slightly amid expectations that the US Central Bank will stop raising interest rates
Gold prices rose on Thursday, supported by expectations that the Federal Reserve has reached the end of its monetary tightening cycle, but a stronger dollar limited gains. Gold rose in spot transactions 0.1 percent to $1,961.81 per ounce by 0315 GMT, while US gold futures settled at $1,964.60. Matt Simpson, …
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