The US dollar recovers some of Thursday’s losses against the Swiss franc. The pair climbs above the 100, and the 50-day moving averages (DMAs) trading at 0.9227 during the New York session. Financial markets risk-aversion favors the US dollar safe-haven status, to the detriment of the Swiss franc.In the bond …
Read More »Oil rises amid escalating Middle East tensions
Oil prices closed trading on Monday in an upward direction, supported by the escalating tensions in …
RBA’s Causiously Handling Inflation, Growth, AUD
The Reserve Bank of Australia is at a turning point in history, and both the financial markets and p…
US dollar opens new trading week lower
The U.S. dollar continues its decline since the start of Monday’s trading, influenced by employment …
US Stocks Surge on Strong Jobs Data
US Stocks on Wall Street continue to achieve significant gains, driven by crucial employment data. T…
Sterling Traders Eying 1.2600
During the North American session, the British Pound registered modest gains versus the US Dollar. T…
Noor Capital | Interview with Mohammad Hashad on Dubai TV – May 6
“Mohammed Hashad, Head of Research and Development at Noor Capital and a distinguished member …
Oil Prices React to Saudi Moves and Gaza Tensions
Oil futures surged on Monday following Saudi Arabia’s decision to increase crude prices for mo…
Bitcoin Rebounds Amid Rate Cut Speculation
Bitcoin saw a marginal rise on Monday, rebounding from bear market territory over the weekend, altho…
Oil prices rise in futures after Saudi Arabia raises the price of Arab crude
The dollar was broadly stable on Monday, May 6, after a report showed a slowdown in job growth in th…
Gold rises, affected by tensions in the Middle East and hopes of a US interest rate cut
Gold prices rose on Monday, May 6, as continued tensions in the Middle East and expectations that th…
Market Analysis
December, 2021
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17 December 2021 9:48 pm
NY Fed’s Williams: Raising Rates Be Positive Event For US Economy
The Federal Reserve raising interest rates next year would signal the central bank feels good about the country’s economic recovery, New York Fed President John Williams said Friday.“I go into next year feeling [like] the baseline outlook is a very good one. Therefore, actually raising interest rates would be a …
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17 December 2021 9:06 pm
European Shares Stumble On Info Data Drop For Sixth Month
European stocks retreated on Friday, continuing to recede from highs despite positive broker backing from firms including Credit Suisse and Morgan Stanley.The Stoxx Europe 600 XX:SXXP dropped 1% in afternoon trade, and the index is now down over 3% from record highs set in November. The European backdrop has been …
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17 December 2021 8:37 pm
S&P 500 Bounces On Quad Witching day
US stock markets have maintained uneven performance on the final trading day of the week as traders still busy digesting this week’s Fed’s hawkish signals pivot and a continued rise in global Omicron Covid-19 variant infections.The S&P 500 was last down 0.1%, though it bounced from earlier session lows in …
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17 December 2021 7:15 pm
Fed’s Decisions Digestion Pull Wall Street lower
US stocks are digesting Fed’s decisions after the positive kneejerk reaction, which led to the decline of most New York Stock Exchange indices. The Dow Jones Industrial Average fell to 35578 points, after adding about 327 points, or 1.00%. S&P500 fell to 4,649 points, losing about 19 points, or 0.4%. …
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17 December 2021 5:12 pm
Central Bank of Russia Hikes Policy Rate by 100 bps to 8.5% as Expected
The Central Bank of Russia announced on Friday that it raised its policy rate by 100 basis points to 8.5% from 7.5%. This decision came in line with the market expectation. “If the situation develops in line with the baseline forecast, the Bank of Russia holds open the prospect of a …
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17 December 2021 4:01 pm
Dollar Struggles After Central Banks’ Plans to Halt Stimulus
The dollar remained under pressure on Friday at the end of a week in which major central banks revealed plans to halt their pandemic-era stimulus as the Bank of England surprised markets with an interest rate hike. After a turbulent week, the dollar index, which measures its price against a …
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17 December 2021 3:06 pm
The Turkish Central Bank Intervenes to Limit The Losses of The lira
The Central Bank of Turkey said in a statement that it directly intervened in the market through selling operations due to unhealthy price formations in exchange rates. The price of the Turkish lira collapsed against the dollar during today’s trading, to reach its highest price at 17.07 during today’s trading, …
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17 December 2021 2:35 pm
UK retail sales positively exceed expectations
Data from the Office for National Statistics in Britain revealed that retail sales grew more than market expectations and recorded a positive reading for the second time in a row, as the retail sales index recorded a growth of 1.4%, compared to market expectations of a growth of about 0.8% …
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17 December 2021 1:22 pm
Oil Prices Are Heading Towards a Weekly Loss Due to The Uncertainty Related to Omicron
Oil prices fell on Friday, heading towards a slight weekly loss, with an increase in infections with the new Omicron mutant from the Coronavirus, which reinforced fears of imposing new restrictions that may negatively affect demand for fuel, while the decline in the dollar supported commodity markets on a large …
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17 December 2021 12:40 pm
Gold Rises to $1809, Targets $1827
Gold prices are hovering around the top intraday, up 0.51% on the day near $1,809, as they brace for their biggest weekly jump in six ahead of Friday’s European session On the way to 1928. The yellow metal is cheering for a weak US dollar, buoyed by downbeat Treasury yields, …
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17 December 2021 12:31 pm
Record Decline of The Turkish Lira After The Interest Rate Cut
The Turkish lira hit a record low against the dollar on Friday, a day after the central bank announced another interest rate cut as part of President Recep Tayyip Erdogan’s economic program. The lira was down 2 percent at 16 per dollar, compared to its close of 15.675 on Thursday. …
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17 December 2021 12:29 pm
Japan Shares Slide on Interest Rate Hike Fears
Japanese stocks fell on Friday, reversing most of the gains made in the previous session, as investors became cautious about an interest rate hike after the US and UK central banks took steps to tighten monetary policy, while concerns related to the pivot Omicron weighed on travel-related stocks. The Nikkei …
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