The US Federal Reserve on Wednesday announced that it had lifted the policy rate, federal funds rate, by 75 bps to the range of 2.25-2.5%. This decision came in line with the market expectation.In its policy statement, the Fed noted that it anticipates that ongoing increases in the policy rate …
Read More »FOMC Minutes point to lower inflation ahead
A few officials at the Federal Reserve’s June 17-18 meeting expressed the view that interest r…
Red Sea Tensions Propel WTI Crude Oil Prices Despite Surprise Inventory Surge Per EIA
West Texas Intermediate (WTI) Crude Oil climbed to $68.65 per barrel on July 9, 2025, gaining 0.47% …
Trump Escalates Global Trade Shake-Up with New Tariffs on Seven Countries
President Donald Trump intensified his aggressive trade policy on Wednesday, announcing a fresh wave…
US Dollar Rises Amid Tariff Escalation Ahead of FOMC Minutes
The U.S. Dollar Index (DXY) held steady at 97.64, up 1.5% from its July 1 low of 96.38, after peakin…
Bitcoin Holds at $108,873 Amid Tariff Concerns and ETF Boom
On Wednesday, Bitcoin stabilized at $108,873, down 0.07% after failing to sustain a breakout above $…
Wall Street Poised for Higher Open Despite Trump’s Tariff Moves and Trade Tensions
Wall Street was set for a higher open on Wednesday as investors largely brushed off President Donald…
Tesla Inc. Faces Challenges in 2025 Amid Political Controversies and Declining EV Sales
Tesla Inc. has faced significant challenges in 2025, reflected in its financial performance and mark…
Dollar Strengthens as Trade Concerns and Tariff Threats Drive Market Movements
The U.S. dollar strengthened to a more than two-week high against the yen on Wednesday, following ne…
Oil Prices Retreat Amid U.S. Tariff Uncertainty and Rising Crude Inventories
Oil prices slipped slightly on Wednesday, pulling back from the two-week highs achieved in the previ…
Gold Prices Fall as Dollar Strengthens Amid U.S. Trade Uncertainty
Gold prices retreated on Wednesday as traders moved away from safe-haven assets in response to ongoi…
Market Analysis
July, 2022
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27 July 2022 9:24 pm
What To Expect About Meta’s Earnings
Facebook owner Meta Platforms is to report quarterly results that provides a clearer idea about advertising spending, the core source of revenue for all social media companies. The Meta earnings report will be released later on Wednesday.The lack of clarity on ad spending is a reason why Meta stock and …
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27 July 2022 8:55 pm
Will Fed’s George oppose big hike at FOMC meeting?
The rate rise the Federal Reserve is almost certain to deliver Wednesday will likely draw a formal objection by a veteran policy maker though she was once the US central bank’s most steadfast hawk.Fed’s Esther George looks will likely vote against the 0.75 percentage point rate rise her colleagues on …
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27 July 2022 8:28 pm
Atlanta Fed GDPNow for Q2 rises to -1.2%
According to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to contract by 1.2% in the second quarter, up from the July 19 forecast of -1.6%. The US Dollar Index stays flat on the day near 107.20 after this report.After recent releases from the US …
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27 July 2022 7:31 pm
Awaited Fed’s decision between inflation and recession fears
Most economists expect the Fed to hike rates by 75 bps once again. Fed Chair Jerome Powell’s message on accepting pain to pin down inflation is expected to give a push to the US dollar. The American central bank is set to hike interest rates by 75 basis points for …
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27 July 2022 7:01 pm
US Pending Home Sales decline in June
Pending Home Sales in the US sharply fell in June. The monthly data published by the National Association of Realtors showed on Wednesday that Pending Home Sales declined by 8.6% on a monthly basis in June following May’s growth of 0.4%. This reading came in much worse than the market …
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27 July 2022 6:18 pm
US: Durable Goods Orders rise by 0.7% in June
Durable Goods Orders in the US increased by 1.9%, or by $5 billion, on a monthly basis in June to $272.6 billion, the monthly data published by the US Census Bureau revealed on Wednesday. This reading came in much better than the market expectation for a decrease of 0.4%.
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27 July 2022 4:53 pm
USD is heading for a decline with the anticipation of raising interest rates
The dollar moved further away from its highest level in 20 years on Wednesday before the Federal Reserve meeting. The US central bank is expected to raise interest rates by another 75 basis points to rein in spiralling inflation. However, trading in the currency markets was limited as traders awaited …
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27 July 2022 3:51 pm
Russian Deputy Foreign Minister: The grain agreement may collapse
Russian Deputy Foreign Minister Andrei Rudenko said a Turkish-brokered agreement allowing the resumption of Ukrainian grain exports from ports on the Black Sea could collapse if obstacles to Russian agricultural exports are not removed immediately. The Interfax news agency quoted Rudenko as saying that grain shipments from Ukraine would begin …
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27 July 2022 1:40 pm
Strong results boost European stocks ahead of the Federal Reserve meeting
European shares rose on Wednesday, thanks to strong results from Britain’s Reckitt Benckiser and Russia-exposed bank UniCredit, while a decline in luxury goods LVMH shares limited gains. The pan-European Stoxx 600 index rose 0.2 percent. Still, investors are cautious amid concerns over energy supplies in Europe, with the US Federal …
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27 July 2022 12:57 pm
Japan’s Nikkei closes higher, supported by gains in chip stocks
Japan’s Nikkei index reversed course to close higher on Wednesday, supported by gains in chip-related stocks. At the same time, investors remained cautious ahead of the US Federal Reserve’s interest rate decision due later on Wednesday. The Nikkei rose 0.22 percent to 27,715.75 points, and the broader Topix index rose …
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27 July 2022 12:26 pm
Oil steadies as demand concerns dispel lower US inventories
Oil prices stabilized on Wednesday as data showing a larger-than-expected drop in US crude inventories dispelled concerns about weak demand. Brent crude futures recorded $104.55 a barrel, up 15 cents, or 0.1 percent. US West Texas Intermediate crude rose 27 cents, or 0.5%, to $95.25 a barrel. After Tuesday’s settlement, …
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27 July 2022 11:32 am
Alphabet A Earnings, Revenue Miss in Q2
Alphabet reported on Tuesday second-quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations. Alphabet A announced earnings per share of $1.21 on revenue of $69.69B. Alphabet A shares are down 27% from the beginning of the year, still down 30.70% from its 52 week high of …
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