Wall Street closed higher on Wednesday, lifted by gains in energy stocks while investors await Federal Reserve’s Jackson Hole conference later this week.Intuit Inc rallied by 4% after the accounting software maker forecast upbeat fiscal 2023 revenue, providing reasonable boost for the tech-heavy NasdaqAfter the bell, Salesforce Inc (CRM.N) dipped …
Read More »US Session’s Market Drivers: Investors Brace for PMI Data as Dollar Softens
The US dollar kicked off the trading week of September 22, 2025, on a weaker note, pulling back from…
Dow Surges to New Heights as Market Optimism Grows
The Dow Jones Industrial Average soared on September 22, 2025, reaching new record highs above 46,40…
Dollar-Yen Pulls Back as Greenback Loses Steam
The US dollar has taken a breather against the Japanese yen, stepping back from a two-week peak reac…
Treasury Yields Signal Stability as Curve Steepens
The trading week kicking off on September 22, 2025, sees US Treasury yields holding firm after recen…
Records Resumed: Precious Metals Soar to Fresh Heights
Gold and silver prices have reached historic and near-historic highs, driven by a confluence of geop…
Pound Under Pressure as Markets Shift Focus to November Budget
The British pound is facing growing headwinds, with analysts at Bank of America (BofA) warning that …
U.S. Stock Futures Ease as Investors Await Fed Speeches and Key Inflation Data
U.S. stock index futures edged lower on Monday, pausing after record-setting gains last week fueled …
Oil Prices Edge Higher as EU Sanctions and Ukrainian Strikes Tighten Supply Outlook
Oil prices advanced on Monday, rebounding after last week’s losses, as traders weighed the impact of…
European Stocks Slip as Investors Eye Fed Policy Outlook and Key U.S. Inflation Data
European markets opened the week slightly weaker on Monday, with investors opting for caution as the…
Gold Prices Stay Near Record Highs as Investors Bet on Further Fed Easing
Gold prices gained modestly in Asian trading on Monday, holding close to last week’s all-time peaks …
Market Analysis
August, 2022
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25 August 2022 12:42 am
WTI rises on US-Iran Talks, US Stockpiles data
After fluctuating in a choppy trading session on Wednesday, West Texas Intermediate rose 1.2% to settle near $95 per barrel. The Energy Information Administration data showed that US crude stockpiles fell amid record petroleum exports. Meanwhile, the US sent its response to the EU’s latest proposal to rescue the 2015 …
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25 August 2022 12:18 am
USD/JPY Reacts To Dollar’s Cautious Rally
The USD/JPY pair is facing daily resistance as well as a break of the hourly trendline support that is expected to expose the asset at the 137’s figure. The asset is trading at 137.14 at the time of writing.A break below the said level could open the way for a …
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24 August 2022 11:48 pm
EUR/USD pressured post short rebound
US dollar loses some momentum on risk appetite as attention shifts to Jackson Hole. The EUR/USD pair looks unable to recover 1.0000, and instead, holds near 20-year lows.The EUR/USD rose from the daily low at 0.9907 to 0.9998 in a few minutes around the London fix, on the back of …
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24 August 2022 11:02 pm
Have Comments By Fed’s Kashkari Pushed Treasury yields Higher?
Treasury yields advanced Wednesday morning, led by the 2-year maturity which reflects the near-term path of Fed’s policy, as investors digested hawkish comments from regional central-bank official Neel Kashkari.On Tuesday, Kashkari, president of the Minneapolis Fed, said that the central bank needs to push ahead with tightening monetary policy until …
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24 August 2022 10:26 pm
Gold has chance for correction ahead of Jackson Hole
Gold has extended its bullish correction to the 38.2%$ ratio target and now has a chance of a deeper correction. Jackson Hole symposium is looming and signals by Jerome Powell are most awaited for direction and clues.The dollar benefited from higher US yields following the demand from domestic and international …
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24 August 2022 9:37 pm
Wells Fargo: USD could peak in Q4
Analysts believe the US Dollar strength through the end of 2022 as a result of the hawkish Fed. They point out the dollar could peak during the fourth quarter of 2022, starting a period of cyclical weakness against most currencies in 2023 as the US economy enters recession and the …
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24 August 2022 8:45 pm
Will Mega Hike Save Eurozone From Looming Crisis?
The Swiss National Bank imposed a minimum exchange rate against the Euro. Fears are, currently, accelerating of a new Euro crisis is broadly spreading. There are several signals that the Euro is weakening again. This week, the shared currency fell to a new all-time low against the Swiss franc. The …
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24 August 2022 8:02 pm
Iran starts assessing US response
A spokesperson for Iran’s Foreign Ministry said on Wednesday that Iran has received the United States’ response to the draft agreement proposed by the European Union.The Iranian official has also said Tehran has started assessing the US comments on the draft deal. With the initial market reaction to this headline, …
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24 August 2022 7:11 pm
Market closer to bottom as pending home sales decline
US Pending home sales dropped 19.9% in July compared with July 2021. This economic reading is a a measure of signed contracts on existing homes. The figure fell along eight out of the past nine months as rising mortgage rates made housing less affordable.Pending home sales, a measure of signed …
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24 August 2022 6:45 pm
Market Drivers – European Session 24/8/2022
The GBP/USD pair turned south and trades a handful of pips below the 1.1800 level, not far above a fresh multi-month low of 1,1716 posted on Tuesday. The greenback regains its dominance across the FX board, following a short-lived knee-jerk on Tuesday, following the release of tepid US growth-related figures. …
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24 August 2022 6:40 pm
Gold prices marginally rise ahead of the “Jackson Hole” conference
With a big deal of market volatility, gold prices have pushed to session highs. The housing market, an important pillar of US economic growth, continued to weaken as consumers bought fewer new homes than expected last month. The S&P Global flash PMI reading also has benefited the precious metal, which …
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24 August 2022 6:33 pm
US durable Goods Orders unchanged in July
New orders for manufactured durable goods orders in the US stayed virtually unchanged at $273.5 billion in July, the US Census Bureau reported on Wednesday. This reading followed June’s 2.2% expansion and came in worse than the market expectation for an increase of 0.6%. The publication further read. “Excluding defence, …
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