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The US Dollar remained higher on Tuesday as the market mood declined on news that stirred fears about Chinese economic growth that is seen as having lost momentum. The focus now shifts to Fed Chair Jerome Powell’s testimony before Congress.Key DevelopmentsThe People’s Bank of China (PBoC) cut two key lending …
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27 March, 2026 3:51 pm
U.S. Futures Decline as Oil Tops $110 and Middle East Risks Intensify
U.S. stock futures moved lower on Friday, while oil prices climbed back above the $110-per-barrel ma…
27 March, 2026 1:34 pm
European Stocks Hold Steady as Hormuz Crisis Keeps Oil Elevated
European equity markets traded in a narrow range on Friday, as investors weighed persistent geopolit…
27 March, 2026 12:19 pm
Gold Rebounds Over 2% as Softer Dollar and Iran Talks Support Bullion
Gold prices rose sharply in Asian trading on Friday, recovering from the previous session’s losses a…
27 March, 2026 11:23 am
UK Retail Sales Fall Less Than Expected, But Rising Energy Costs Cloud Outlook
British retail sales volumes declined in February, highlighting growing pressure on consumer spendin…
27 March, 2026 10:39 am
Oil Set for Weekly Loss as De-Escalation Hopes and Rising U.S. Inventories Weigh on Prices
Oil prices edged lower in Asian trading on Friday and were on track to post a weekly decline, as eas…
27 March, 2026 1:10 am
Partial Shutdown and Airport Chaos Fuel Car-Rental Boom
The partial government shutdown has thrown air travel into disarray, with passengers across the Unit…
27 March, 2026 12:02 am
Memory Chip Stocks Face Turbulence Amid AI Breakthrough
Memory chip makers have endured a punishing two-day sell-off, with March 26, 2026 marking another st…
26 March, 2026 11:48 pm
Explainer: How War Reset the Wall Street’s Compass
When conflict erupted with Iran in February 2026, the financial world was jolted out of its familiar…
26 March, 2026 11:06 pm
Dollar Dominance Returns: Geopolitical Tensions Push Global Markets Into Defensive Mode
Global financial markets closed the week under a cloud of caution as rising geopolitical tensions in…
26 March, 2026 10:37 pm
Eyebrows Lifted as Wall Street Still Moves Before Trump Speaks
Global markets have been rattled by a series of sudden policy announcements from President Donald Tr…
Market Analysis
June, 2023
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21 June 2023 6:18 am
Gold price pressured ahead of Fed’s Powell Testimony
Gold price remains pressured after breaking 100-DMA support during three-day downtrend. Risk aversion underpins US Dollar strength and weighs on the Gold Index. Fears of economic slowdown originating from China, higher rates in the West roil sentiment and favuor gold sellers. Fed’s Jerome Powell’s bi-annual Testimony will be crucial to …
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21 June 2023 3:00 am
Japan manufacturers’ sentiment positive for second month
Business sentiment at big Japanese manufacturers edged up in June, staying in positive territory for a second straight month and reflecting a post-COVID economic recovery though uncertainty remains high amid slowing global growth for June.Following the release, USD/JPY stretches the previous day’s retreat from the highest level in seven months …
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21 June 2023 1:16 am
Euro defended despite Fed’s signals ahead of Powell Testimony
The EUR/USD began the US session hesitating due to the US dollar’s strength, but the pair eventually managed to become higher after three-day downtrend. ECB policymakers keep suggesting higher rates even as inflation clues, growth numbers ease. Fed OFFICIALS ALSO reiterate hawkish bias ahead of Powell’s bi-annual Testimony before the …
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21 June 2023 12:05 am
Stronger US dollar drags GBP/USD pair lower
The GBP/USD pair retraces below 1.2800 on the stronger US dollar ahead of Powell testimony and the Bank of England’s policy decision. The stronger US Dollar, driven by expectations of further tightening by the Fed and an overbought US equity market, has influenced the pair’s price movement. Fed Chair Jerome …
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20 June 2023 10:34 pm
Cryptocurrency prices still with no clear directions
With no obvious directional bias, the price of bitcoin is still ambiguous. Ethereum, Ripple, and other altcoins are therefore constrained to consolidation. But when BTC gets closer to a breakout, things might change quickly. The most famous cryptocurrency is trading at $28262 at the time of writing.Since April 19, the …
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20 June 2023 9:30 pm
Oil prices drop post-BoC decision
The WTI fell to a five-day low of $69.82 before edging higher to $70.63 at the ti9me of writing, seeing more than 1.50% losses. PBoC rate cuts fueled energy demand concerns among Oil traders.World indexes declined following the decision signaling a negative market sentiment. On Tuesday, the West Texas Intermediate …
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20 June 2023 7:53 pm
USD/JPY declines below 141.50 ahead of BoJ minutes
The USD/JPY pair has declined below the 141.50 zone, hitting a daily low of 141.28. Stealth intervention by the BoJ gives the Japanese yen considerable traction. The pair is trading at 141.27 at the time of writing. Cautious market mood amid PBoC rate cut is expected to limit the Yen …
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20 June 2023 4:08 pm
Currencies Overview: Yuan is falling after China cut interest rates
The yuan tumbled to a seven-month low on Tuesday after China cut interest rates, while the Swedish krona slid to its lowest level since 2009 against the euro on persistent concerns about the real estate sector. China cut the key interest rate for one-year and five-year loans by 10 basis …
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20 June 2023 3:14 pm
Gold is becoming more lustrous with the decline of the dollar
Gold rose on Tuesday as the dollar fell, but gains remained limited as traders await Federal Reserve Chairman Jerome Powell’s testimony before Congress later this week to get a clearer picture of the path of interest rates. Gold spot transactions increased 0.15 percent to $ 1952.98 an ounce by 0926 …
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20 June 2023 1:24 pm
German stocks lead losses in Europe
German stocks led losses among European bourses on Tuesday, with speciality chemicals Lanxess falling after the company cut its forecasts, and a modest rate cut in China failed to lift investor sentiment. Germany’s DAX fell 0.3% by 0750 GMT, further away from Friday’s record high. The pan-European Stoxx 600 index …
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20 June 2023 11:20 am
China’s imports of Russian oil rose to a record high of 2.29 million b/d in May
Chinese government data showed on Tuesday that oil imports from Russia rose to an unprecedented level in May, as private refineries continued to flock to Russia’s Espoo and Urals crudes at discounted prices amid sanctions imposed on them. According to data from the General Administration of Customs, total oil imports …
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20 June 2023 10:31 am
Oil retreats after China cut key interest rates less than expected
Oil prices fell on Tuesday after China cut its benchmark lending rates less than expected, raising further concerns about the outlook for oil demand in the world’s largest crude importer. Brent crude fell five cents to $76.04 a barrel at 0310 GMT. US West Texas Intermediate crude for July delivery …
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