Gold prices fell on Tuesday, November 8, due to a slight rise in the dollar, in addition to shifting investors’ attention to inflation data in America, which is expected to be released next Thursday. Markets are awaiting inflation data because of its impact on the Federal Reserve’s decision to raise …
Read More »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…
Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the…
Oil Prices Decline Amid Weak China Data, But Trade Talks Fuel Optimism for Future Demand
Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. However, …
Weekly Recap: Dollar Roars Back on Jobs Data Testing Euro’s Rally and Gold’s Resilience
Labour Market Powers Dollar Surge Robust U.S. jobs data for May 2025, with 139,000 jobs added, under…
USD Faces Downside Risks as NFP Data Looms
The US dollar teeters near multi-month lows, trading around 98.5, as markets await the Nonfarm Payro…
EUR/USD Retreats as ECB Signals Policy Pause
The EUR/USD pair recently pulled back from a multi-week high near 1.1500, trading at 1.143 with a mo…
Oil Prices Slip as U.S. Fuel Stockpiles Rise, Saudi Price Cuts Add Pressure
Oil prices fell in Asian trade on Thursday, extending losses from the previous session as rising U.S…
The Euro’s Moment? Weak US Data and ECB Action Set the Stage
The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This shift c…
Market Analysis
November, 2022
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8 November 2022 3:04 pm
Eurozone Retail Sales drop 0.6% YoY in September
Eurozone’s Retail Sales rose by 0.4% MoM in September versus 0.4% expected and 0% last, the official figures released by Eurostat showed on Tuesday. On an annualized basis, the bloc’s Retail Sales came in at -0.6% in September versus -1.4% recorded in August and -1.3% consensus forecast. EURUSD comes under …
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8 November 2022 1:13 pm
European stocks open lower, and mining companies are the main losers
European shares opened lower on Tuesday, with miners leading the decline amid fears of slowing demand in China and investors being cautious ahead of the US midterm elections that will determine who will have control of Congress. The Stoxx 600 index was down 0.4 percent by 0808 GMT. The European …
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8 November 2022 12:35 pm
Oil prices fall amid concerns about Chinese demand and recession
Oil prices fell on Tuesday, as fears of a recession and the worsening outbreak of the Coronavirus in China raised expectations of lower demand for fuel, outweighing concerns about supplies. Brent crude fell 23 cents, or 0.2 percent, to $ 97.69 a barrel by 0726 GMT, while US West Texas …
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8 November 2022 2:36 am
Market Drivers – US Session 07/11/2022
The US dollar began the trading week, on Monday, with an attempt to recover the gains lost before Friday’s closing bell. Instead, the dollar ended with losing further ground against its major rival currencies.The dollar accelerated its decline late in the US session as Wall Street picked up momentum ahead …
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8 November 2022 1:28 am
Silk Road Hacker’s $3.36 Billion in Bitcoin Seized
Almost one year after a billion-dollar seizure of dark web’s crypto, the same agency discovered another massive treasure hidden under a different hacker’s floorings. Dark web drugs market that is broadly known as the Silk Road was designed to be a mysterious underworld economy that avoided all governmental control. On …
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8 November 2022 12:44 am
ECB’s Lagarde: Inflation too high, rates to rise further
European Central Bank President Christine Lagarde repeated that the cycle of interest-rate hikes has to ensure that inflation returns to the 2% target over the medium term.Meanwhile, the EUR/USD pair is on the up and traders have been of the mind that the US economy is slowing enough to allow …
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7 November 2022 11:57 pm
Gold benefits from US dollar’s slide ahead of CPI data
Gold prices steadied on Monday near a three-week peak hit in the previous session, buoyed by a weaker dollar, while investors looked forward to U.S. inflation data later this week that could influence the size of Federal Reserve rate-hike.At the time of writing, the precious metal is trading at $1676.25. …
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7 November 2022 10:38 pm
ECB’s Kazaks: There is no pivot
The European Central Bank’s Martins Kazaks said ”there is no pivot, we still say that inflation is a problem, and we will keep raising rates.”Kazaks has recently said that the ECB must raise interest rates much further, but that it is impossible to say how far because economic uncertainty is …
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7 November 2022 9:28 pm
WTI rallies as US dollar impacted by risk-on
American crude oil rallies and trades at $92.24, benefiting from the US dollar which is losing ground. WTI prices resumed the upward trend that started on Friday as the US crude oil bounced up from levels right above $90 on the early trade, to reach levels past $93 for the …
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7 November 2022 8:34 pm
Republicans’ victory historically meant good news for US stocks
This week will witness markets focusing on Tuesday’s US mid-term elections on. Economists at Société Générale expect equities to go up if the Republicans win control of both the Senate and the House.Victory for the Republicans GOP could have negative ramifications for the Euro. The US midterms could have an …
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7 November 2022 7:42 pm
USD/CAD retreats amid risk appetite, Canadian jobs data
The USD/CAD pair dropped after hitting the 1.3800 weekly high last week, falling by almost 2.50%. At the time of writing, the USDCAD is trading at 1.3505, down by 0.22%.The US jobs data was mixed, though a higher unemployment rate could push the brakes of the aggressive Fed’s rate hiking …
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7 November 2022 7:07 pm
Roblox Stock Fell 5% Before Earnings For This Reason
Roblox is expected to report earnings on Wednesday, and investors are getting ready for foreseen disappointment.Roblox warned investors last month that bookings were down roughly 7% to 10% per user in September. In the case of Roblox, “bookings” basically means customer purchases of Robux virtual currency, to spend later in …
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