US stocks fell on Friday, as rising inflation expectations kept alive fears that the path of aggressive Federal Reserve interest rate hikes could lead to a recession. In the final session of a volatile week, stocks opened higher before changing course after data from the University of Michigan showed consumer …
Read More »Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally
Gold prices surged to $3,386 on June 12, 2025, approaching the $3,400 mark as softer US economic dat…
Dollar Falls as Weak PPI Data Stokes Rate Cut Hopes
The U.S. Dollar tumbled on June 12, 2025, dropping to 98.00 on the U.S. Dollar Index after May’s U.S…
GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims
The GBP/USD pair surged to 1.3600, up over 0.47% in a single session, and at the time of writing, th…
U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty
The latest data from the Bureau of Labor Statistics (BLS) revealed that Producer Prices increased by…
Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns
The U.S. dollar fell to a new low for 2025 on Thursday, while global stocks eased from record highs,…
U.S. Stock Futures Dip Amid Caution Over Trade Deal and Middle East Tensions
U.S. stock index futures fell on Thursday as investors adopted a cautious stance following the annou…
Britain’s Economy Slows Sharply in April Amid Tariff Impact and Tax Break End
Britain’s economy faced a significant slowdown in April, as official data released on Thursday showe…
Bitcoin Slips as Trade Deal Progress and Tariff Concerns Weigh on Sentiment
Bitcoin prices slipped on Thursday following comments from U.S. President Donald Trump, who confirme…
Gold Prices Surge Amid Iran Tensions and Trade Uncertainty
Gold prices saw a sharp rise in Asian trading on Thursday, as safe-haven demand surged due to escala…
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 …
Market Analysis
October, 2022
-
15 October 2022 4:29 am
Market Drivers – US Session 14/10/2022
The 10-year US Treasury yields travelled above 4% on Friday, while the US dollar index neared 20-year highs after this week’s macro data paving the way for more rate hikes by Fed.In response, gold dropped below the $1,650 an ounce level, with December futures last trading at $1,643.87, down 1.74% …
Read More » -
15 October 2022 3:18 am
Gold price endangered by soaring Treasury yields
Gold market is ending the week down nearly $90 from its October highs on renewed concerns regarding the expectations of Fed’s very aggressive stance into end of 2022.The 10-year US Treasury yields traveled above 4% on Friday, while the US dollar index neared 20-year highs after this week’s macro data …
Read More » -
15 October 2022 2:19 am
US banks’ profits slide on negative economic expectations
Q3 earnings and profits slid at Wall Street’s biggest banks as they anticipate weaker economy while investment banking was hit hard, but investors saw a small glimpse of light with some banks beating estimates.Central banks fight inflation which is expected to cause an economic slowdown. Fed raised interest rate from …
Read More » -
15 October 2022 1:36 am
Yellen some steps back from $60 Russian oil price cap
US Treasury Secretary Janet Yellen on Friday took steps back from earlier speculation that G7 nations are pondering a $60 per barrel price cap on Russian oil. Yellen also noted that leader have not taken any decision in this regard as well.Under the G7 plan, Russian crude oil that is …
Read More » -
15 October 2022 12:49 am
GBP/USD drops amidst UK political row
The GBP/USD pair falls below 1.1200 due to political row in the UK. At the time of writing, the GBP/USD is trading at 1.1177, below its opening price, after hitting a daily high of 1.1366. The British pound extends its loss amid two weeks of chaos around Liz Truss’s mini-budget, …
Read More » -
15 October 2022 12:10 am
Citi: Dollar Will Only Peak When World Slowdown Is Over
The dollar could continue rallying until the end of the global economic slowdown and growth starts to accelerate again, according to Citigroup Global Markets Inc. Until this happens, the dollar is the now obvious safest haven, as it offers a yield premium over its global rivals and peers. “What we …
Read More » -
14 October 2022 11:20 pm
Crude Oil retreats on recession worries
Oil prices fell more than 3% on Friday as global recession fears and weak oil demand, especially in China, balanced support from a large cut of supply target by the OPEC+ alliance.Brent crude futures dropped to settle at $92.39 a barrel versus the opening level at $95.295, while US crude, …
Read More » -
14 October 2022 10:17 pm
EUR/USD drops amid deteriorated market sentiment
The EUR/USD pair has erased Thursday’s gains, losing 0.53% on Friday. US Consumer Sentiment improved, though Retail Sales slowed down.The EUR/USD daily chart illustrates the major stalled at the 20-day EMA, which exacerbated a fall towards the 0.9720 area. Key support lies at 0.9700, which, once cleared, could open the …
Read More » -
14 October 2022 9:33 pm
Pound Struggles, Truss Reverses Plan, UK Finance Minister Fired
In an unambiguous retreat, British Premier Liz Truss, on Friday, fired her finance minister and partly reversed the tax plan, she previously supported, because the said plan rattled global financial markets, and incited investors’ concerns and fueled a political crisis that still threatens the political future of Liz Truss herself. …
Read More » -
14 October 2022 9:13 pm
US Stocks slide amid market volatility
Stocks retreated on Friday, and generally gave up earlier gains during the session one day after posting a historic turnaround rally as investors digested inflation expectations.The Dow Jones Industrial Average fell 283 points, or 0.94%. The S&P 500 shed 1.82%, and the Nasdaq Composite slipped 2.32%.Stocks fell to session lows …
Read More » -
14 October 2022 8:47 pm
US Treasury seeks ways to improve liquidity
A regular survey ahead of the quarterly refunding announcements was used by the US Treasury Department in order to ask major banks whether the government should buy back government bonds to improve the market liquidity.“The Treasury is also querying whether reduced volatility in the issuance of Treasury bills as a …
Read More » -
14 October 2022 7:32 pm
Fed’s Daly: We will have to be data-dependent on rate hikes
In an interview with Yahoo Finance on Friday, San Francisco Fed President Mary Daly said that this week’s Consumer Price Index data was not so surprising, noting that it’s a lagging indicator.The US Dollar Index was seen rising 0.55% on the day at 112.87 after these comments.Key Quotes“Today’s retail sales …
Read More »