As the US dollar trims losses on Friday amid risk appetite and a rebound in US yields, the Gold Index is hovering around $1710.Gold turned to the downside again after approaching the $1730 area and pulled back sharply toward $1710, erasing daily gains on Friday. The stabilized dollar and rebounding …
Read More »Gold Rises as Trump Tariff Ruling Offsets China Trade Optimism; CPI Data Eyed
Gold prices edged higher in Asian trading on Wednesday, buoyed by safe-haven demand after a U.S. cou…
Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggle To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
Market Analysis
September, 2022
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9 September 2022 5:49 pm
Dollar is heading for a weekly decline, euro is rising
On Friday, the dollar is set to record its first weekly decline in four weeks, while a sharp interest rate hike by the European Central Bank led to gains for the euro, while investors await US inflation data due to be published next week. The dollar index, which measures the …
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9 September 2022 4:59 pm
Canada: Unemployment Rate jumps to 5.4% in August
Statistics Canada reported on Friday that the Unemployment Rate in Canada rose to 5.4% in August from 4.9% in July. This reading came in worse than the market expectation of 5%. Further details of the publication revealed that the Net Change in Employment was -39.7K, compared to the market expectation …
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9 September 2022 3:36 pm
A look at the British economy after the death of Queen Elizabeth II
The death of Queen Elizabeth II marks the beginning of a new era for the United Kingdom but one that will be fraught with economic uncertainty and mixed patriotic sentiments. Queen Elizabeth died on Thursday, September 8th, at 96, the longest-reigning monarch of the United Kingdom. Thousands of Britons gathered …
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9 September 2022 2:36 pm
Gold is gaining lustre and hitting its highest level in more than a week
Gold prices rose more than 1 percent on Friday to its highest level in more than a week as a weak dollar boosted demand for the yellow metal, even as Federal Reserve policymakers pledged to raise interest rates to tame inflation pressures. And gold rose in spot transactions 1.1 percent …
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9 September 2022 2:24 pm
Bitcoin jumps over $20,000
Cryptocurrency Bitcoin crossed the $20,000 mark and is looking to post its best day in six weeks on Friday, as the dollar fell and markets found reasons for optimism at the end of a tough week. Bitcoin, the largest cryptocurrency by market capitalization, rose more than seven percent to $20,796, …
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9 September 2022 1:12 pm
Oil rises on supply support, but is heading for a weekly decline
Oil prices rose on Friday, boosted by investor interest in Russia’s threat to halt oil and gas exports to some buyers, but crude is set for a second weekly decline as demand is affected by large interest rate increases by central banks and the impact of coronavirus-related restrictions in China. …
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9 September 2022 12:32 pm
Nikkei ends week higher in monetary tightening environment
Japanese stocks rose on Friday, extending gains from the previous day, even as investors digested the hawkish rhetoric of policymakers that strongly supported expectations of big interest rate hikes to curb inflation. The Nikkei index closed up 0.53 percent to 28,214.75 points. The benchmark index started trading up 0.5 percent …
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9 September 2022 4:08 am
Market Drivers – US Session 08/09/2022
The US dollar finished the trading session with mixed performance versus rival currencies. After a seemingly volatile day, the EUR/USD pair is little changed, just below parity after the ECB’s 75 bps rate hike that came in line with expectations.The Canadian dollar surged against the US dollar, with the pair …
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9 September 2022 3:39 am
Washington to screen investment in China’s tech sector
The Biden administration is pondering an executive order to screen and restrict US overseas investment in technology development in China and other potentially hostile countries.The Chinese embassy in Washington said Beijing opposes the order, adding the measure would limit normal investment in China, disrupt international trade and distort global semiconductor …
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9 September 2022 2:01 am
WTI edges higher on Russia’s threats
Crude prices edged higher by about 1% on Thursday after abandoning a seven-month low in the prior session as some technical traders bought the dip and Russia threatened to halt oil and gas exports to some buyers.That price increase came despite a surprise size of US crude inventories, news that …
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9 September 2022 1:27 am
Belgium Warns: EU Economy At Risk On Energy Crisis
Belgian Prime Minister Alexander De Croo warned that Europe is in need to immediately act to address the energy crisis or risk the kind of fundamental economic shutdown that the bloc would struggle to recover from.“A few weeks like this and the European economy will just go into a full …
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9 September 2022 1:01 am
Yellen to target citizens with high income to keep US economy stronger
On Thursday, Treasury Secretary Janet Yellen pledged to pursue tax increases for high earning Americans to keep US finances robust, as she gave a speech in Michigan on the Biden administration’s economic policies.“To ensure our long-term economic stability, we must keep our public finances on sound footing,” Yellen said. Emerging …
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