The headline German IFO Business Climate Index plunged to 88.6 in July versus last month’s 92.2 and the consensus estimates of 90.5. Meanwhile, the Current Economic Assessment dropped to 97.7 points in the reported month as compared to June’s 99.4 and 98.2 anticipated. The IFO Expectations Index – indicating firms’ projections for …
Read More »Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the…
Oil Prices Decline Amid Weak China Data, But Trade Talks Fuel Optimism for Future Demand
Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. However, …
Market Analysis
July, 2022
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25 July 2022 12:22 pm
European shares slip on growth concerns
European shares fell Monday, July 25, as investors assessed a raft of corporate earnings amid growth concerns, with focus on the US Federal Council meeting later this week. The pan-European Stoxx 600 index fell 0.2% by 07:11 GMT, amid widespread losses led by oil producers, as crude prices fell. Dutch …
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25 July 2022 11:12 am
Nikkei halts 7-day rally and falls at close
Japan’s Nikkei snapped a seven-day winning streak on Monday, dragged down by a decline in Wall Street in the previous session. Investors awaited US gross domestic product data and this week’s Federal Reserve meeting. The Nikkei index fell at the close 0.77 percent to close at 27,699.25 points, retreating from …
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25 July 2022 10:18 am
The price of gold fell with the rise of the dollar
Gold prices fell on Monday, July 25 after the dollar’s rise and expectations of a US Federal Reserve interest rate hike this week dampened gold demand. The price of gold fell 0.2% to $ 1724.50 an ounce as of 04:23 GMT, after rising to its highest level in more than …
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25 July 2022 4:52 am
Financial Markets’ Weekly Recap – July 18-22
The US dollar fell over the past week by more than 1.5%, and closed at 106.410 last Friday. The US Treasury yields declined, but the gap remains large between the two-year yields of 2.9721 and the 10-year yields of 2.754. Following the conclusion of its two-day policy review meeting on …
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23 July 2022 2:41 am
Market Drivers – US Session – Friday, July 22
The US yield curve is still inverted, this has continued for 14 successive days. Fragile market sentiment prevailed on Friday, as equities are seesawing, due to US S&P Global PMI data, flashing a contraction in the services sector and its Composite index, while traders seek safety towards US Treasuries, with …
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23 July 2022 2:01 am
Social Media Stocks Crash
US stocks retreated on Friday, snapping a three-day winning streak, as some surprisingly weak quarterly updates from companies spooked investors.The S&P 500 fell 37.32 points, or 0.9%, to 3961.63 a day after the broad benchmark index jumped 1%. The Dow Jones Industrial Average edged down 137.61 points, or 0.4%, to …
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23 July 2022 1:29 am
WTI ends below $95 on EU’s adjusted arrangements for Russian oil
US crude oil prices stabilized below $95 per barrel for the first time since April in choppy trading circumstances on Friday after the European Union announced it would allow Russian companies to ship oil to third countries under an adjustment of sanctions agreed by member states this week. Under the …
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23 July 2022 12:00 am
Gold Reclaims $1723 On PMI Data
Gold Price is set to finish the week up by almost 1%, snapping five weeks of losses. Investors’ recession-linked fears were renewed on weaker than expected EU and US PMI data.The US 2s-10s yield curve inversion extended for 14 straight days. Gold Price rises for the second consecutive day after …
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22 July 2022 11:04 pm
USD/CHF stumbles to a fresh weekly low
The USD/CHF pair is poised to finish the week with solid losses of 1.30%. The market sentiment is relatively negative, which constitutes a headwind for the USD/CHF. The USD/CHF tumbles on the back of worse than expected US PMI data, further extending its weekly losses, as sentiment deteriorates due to …
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22 July 2022 9:48 pm
AUD/USD jumps to fresh high post dull US PMI reading
The AUD/USD pair is set to finish the week up by 2.23%. the US Services and Composite PMIs plummeted below 50, suggesting a recession could be near.Hawkish RBA minutes revealed during the week cushioned the AUD/USD from falling further on weak Aussie PMIs. The AUD/USD pair rises for the second …
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22 July 2022 8:59 pm
Canada’s consumer expenditures surged in May
Data released in Canada on Friday has showed that retail sales rose 2.2% in May surpassing expectations of a 1.6% gain. Analysts at the National Bank of Canada point out sales were pushed up at gasoline stations and motor vehicle/parts dealers. They consider a strong labor market will compensate higher …
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22 July 2022 8:37 pm
Joachim Nagel: ECB’s Policy normalization must continue
The European Central Bank’s policy normalization must continue, European Central Bank Governing Council member and German central bank head Joachim Nagel said on Friday.“I am confident that the ECB’s Transmission Protection Instrument (TPI) would withstand legal challenges,” Nagel added and noted that they still expect favourable growth in Germany and …
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