Russia began exporting diesel to Saudi Arabia in February as it seeks to counter a European Union ban on Russian imports, traders said, Refinitiv data showed. A blanket European Union embargo on Russian oil products took effect on Feb. 5, prompting Russian exporters to redirect shipments to Africa and Asia, …
Read More »Oil Prices Steady as Investors Weigh OPEC+ Moves and US Inflation Data
Oil prices steadied on Friday after early losses, as investors balanced potential supply increases f…
Gold Surges Past $5,000 as US Inflation Fuels Fed Rate-Cut Bets
Gold prices reclaimed the $5,000 mark on Friday after a softer-than-expected US inflation report rei…
Sec. Bessent Shakes Markets: China Ties and Metals Policies Ignite Global Turbulence
On a charged Friday, February 13, 2026, U.S. Treasury Secretary Scott Bessent delivered a series of …
Inflation Relief Sparks a Short-Term Rally on Wall Street
US stocks moved higher after fresh inflation data showed price pressures easing slightly more than e…
Explainer: Did the U.S. Economy Build Its Narrative on 900,000 Phantom Jobs?
In February 2026, the U.S. Bureau of Labor Statistics (BLS) released its annual benchmark revision, …
Pound Holds Steady as Softer US Inflation Revives Rate-Cut Hopes
The British pound traded steadily against the US dollar on Thursday after fresh inflation data from …
Bitcoin Rebounds Near $69,000 After Shock By U.S. Jobs Data
The price of Bitcoin came under pressure after a major revision to U.S. employment data rattled glob…
U.S. Inflation Cools Faster Than Expected in January, Strengthening Case for Fed Easing Later in Year
U.S. consumer price growth slowed more than expected in January, moving closer to the Federal Reserv…
U.S. Futures Ease as Tech Rout Lingers and Inflation Data Takes Center Stage
U.S. stock index futures edged slightly lower on Friday, as investors remained cautious following a …
Bitcoin Drifts Near $66,000, Set for Fourth Weekly Loss as Risk Aversion Builds Ahead of U.S. Inflation Data
Bitcoin traded near the $66,000 level on Friday, extending a period of subdued price action and head…
Market Analysis
March, 2023
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7 March 2023 3:18 pm
France: Massive protests against the retirement system threaten to paralyze the country
France is witnessing massive demonstrations on Tuesday, March 7, against the pension reform proposed by President Emmanuel Macron, while unions expect to “paralyze” the country through strikes and demonstrations. “I call on the employees of this country, I call on citizens and retirees to demonstrate massively,” said the Secretary General …
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7 March 2023 1:52 pm
European stocks opened lower ahead of the beginning of the testimony of the US central bank chairman in Congress
European stocks recorded a slight decline in early trading on Tuesday, and technology stocks led the decline ahead of the beginning of the congressional testimony of Jerome Powell, Chairman of the Federal Reserve, while luxury goods companies gave up gains due to gloomy Chinese data. The pan-European Stoxx 600 index …
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7 March 2023 1:16 pm
OPEC officials discuss energy issues with executives of major US oil companies
Executives of major US oil companies held private meetings with top OPEC officials on Monday on the sidelines of a conference in Houston to discuss energy matters, people familiar with the matter said, continuing a tradition that began nearly five years ago when the two sides were fierce rivals. Both …
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7 March 2023 12:22 pm
Nikkei touches 3-month high as investor sentiment improves
Japan’s Nikkei share average rose to a three-month high on Tuesday, and the broader Topix index reached its highest level since late 2021, as investor sentiment improved thanks to a decline in long-term US Treasury yields. But analysts said that uncertainty limited the gains ahead of Federal Reserve Chairman Jerome …
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7 March 2023 12:07 pm
Oil rises on supply concerns and hopes for increased Chinese demand
Oil prices rose on Tuesday after industry executives cited concerns about a lack of spare capacity in the market and uncertainty about Russian supplies as demand recovers from China, the largest importer of crude. Brent crude futures were up 40 cents, or 0.5%, at $86.58 a barrel by 0154 GMT, …
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7 March 2023 3:51 am
Market Drivers – US Session 06/03/2023
It is typically a calm start to a busy week. Late on Monday, Wall Street pared gains to register a mixed close. As market investors wait for new direction from Fed Chair Jerome Powell, who will testify before the US Congress on Tuesday and Wednesday.The dollar likewise had a volatile …
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7 March 2023 2:50 am
CAD/USD maintains its positive momentum ahead of the BoC and important events
This week’s major events are anticipated to have an impact on the USD/CAD pair. For the day, the pair has moved between a low of 1.3581 and a high of 1.3628, increasing by 0.14%. At the time of writing, the price of the pair is 1.3609.It is going to be …
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7 March 2023 1:22 am
RBA Preview: Central Bank’s Decision Could Yield One of Three Possibilities
The Reserve Bank of Australia is about to issue its decision on interest rates, and economists are discussing their predictions for this event as well as the effects of every conceivable scenario on the price action of the AUD/USD pair.i) Hawkish +25 bps, likely by about 35%More interest rate rises …
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7 March 2023 12:00 am
WTI holds on $80s as focus shifts away from China onto America
WTI reversed some of its earlier losses and is now up for a fifth straight day as it approaches the $80s region. In the last three weeks, it achieved the highest closing price in the futures markets. Despite expectations for a slightly less robust recovery in China’s economy, the bulls …
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6 March 2023 10:55 pm
Gold price declines below $1850 on higher Treasury yields
Monday’s gold price decline is caused by rising US Treasury bond yields, which are up 0.49%. US factory orders decreased less than anticipated, but market players paid it little attention. At the time of writing, the price of the precious metal was 1846.62 per ounce, down from its previous closing …
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6 March 2023 8:04 pm
GBP/USD retreats as bears eye 1.2000 below the 100-DMA
The GBP/USD pair is testing the 100-day Exponential Moving Average at 1.2033. Traders are focusing on UK economic growth reading as well as Fed Chair Powell’s speech before the Congress, and US NFP figures. With the new trading week, the pair is trimming some of last Friday’s gains despite the …
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6 March 2023 7:20 pm
Explainer: Real problem with Silvergate based on deposits
If Silvergate Capital fails, it could be the first bank to be brought down by bad liabilities rather than bad assets. The bank warned in a filing last week that it might not be able to stay in business. The news pushed depositors to move their money elsewhere. Fears, under …
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