More news is coming out of 10 Downing Street, as the vice-chair of the UK Conservative Party, Bim Afolami resigned and calls for Boris Johnson to step down.Resignations en mass also included UK Parliamentary Private Secretary Saqib Bhatti, UK Parliamentary Private Secretary to Secretary of State for North Ireland Jonathan …
Read More »Market Drivers – US Session: Focus Shifts Back to US Jobs Data
On Wednesday, the US Dollar edged slightly higher, continuing its rebound from last week’s mul…
Stock Markets Defy Tariff Jitters as Nvidia Soars and Fed Eyes Rate Cut
US stock markets climbed on July 9, 2025, despite President Donald Trump’s new tariff announcements …
Trump’s Tariff Threat Sparks Copper Price Boom
US copper prices hit an all-time high of $5.73773 per pound following President Trump’s announcement…
FOMC Minutes: Fed Poised for Rate Cut as Tariffs Loom
The Federal Open Market Committee’s June 2025 minutes reveal a consensus among most Federal Reserve …
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…
Market Analysis
July, 2022
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5 July 2022 10:47 pm
WTI Crude sharply Drops To $97
WTI crude oil drops as the US dollar gains are entrenched. Bulls have mentioned that product inventories are at critically low levels, which suggests restocking will keep crude oil demand strong.Oil price is down by 10.6% on the day after falling from a high of $111.42 to a low of …
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5 July 2022 10:05 pm
Resignations Quake UK’s 10 Downing Street
UK political Tory resignations are dropping like rain because of widespread feeling of incompetence on the part of the Prime Minister Boris Johnson. So far, the pound is holding up after the initial 12 pip move to the downside vs the US dollar. The first was the British Health Secretary …
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5 July 2022 8:57 pm
GBP/USD under pressure amid risk aversion
Risk aversion continues to weigh on the GBP/USD pair. The pair fell to around 1.1897, the lowest level since March 2020. It remains under pressure around 1.1900. the pair seems unable to find support as markets generally fall.Fears about global recession and a worsening growth outlook in the United Kingdom …
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5 July 2022 8:08 pm
After RBA’s decision, AUD/USD sinks on risk aversion
The AUD/USD pair fell more than 100-pips during the day and probed the YTD low around 0.6763. The Australian dollar followed its fellow peers and is tanking to fresh two-year-lows amidst renewed concerns of a recession looming worldwide, amidst a high inflation scenario, bolstering the appetite for safe-haven peers in …
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5 July 2022 7:19 pm
EUR/USD collapses to twenty-year-lows
The EUR/USD pair collapsed to fresh twenty-year-lows, below the 1.0350 previous low printed on May 13, accelerating towards the 1.0250s region courtesy of a stronger US dollar. The pair loses almost 1.60% during the day.The US Dollar Index advances to twenty-year-highs, above the 106.500 mark, up almost 1.30%, on renewed …
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5 July 2022 5:47 pm
Turkish lira drops 1% as inflation fears return
The Turkish lira fell more than 1 percent against the dollar on Tuesday, giving up early last week’s gains, as investors evaluated data showing a new rise in inflation to a 24-year high. The lira was trading at 17.03 against the US currency by 1232 GMT, down from the previous …
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5 July 2022 5:15 pm
Oil rises as tight supplies outweigh recession fears
Oil prices rose on Monday as supply concerns driven by lower OPEC production, unrest in Libya and sanctions against Russia outweighed concern about a global recession slashing demand for crude. Inflation in the euro area hit another record high in June, which strengthens the case for rapid interest rate increases …
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5 July 2022 2:42 pm
The euro falls to its lowest level in 20 years as fears of a recession grow
The euro fell to its lowest level in twenty years during trading Tuesday, July 5th, after losing more than 1% of its value to record 1.0283 against the dollar. This comes with the growing fears of recession in the euro zone, and the rise in prices, without any indications that …
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5 July 2022 1:48 pm
Gold prices fall as growth concerns ease due to rising dollar and interest
Gold prices fell in limited trading on Tuesday, after the strong performance of the dollar and the expected hike in interest rates outweighed the supportive effect of gold from concerns about the outlook for the global economy. And gold fell in spot transactions 0.2 percent to $ 1805.20 an ounce …
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5 July 2022 12:38 pm
European shares rise on hopes of easing Chinese tariffs
European shares rose in early trading on Tuesday after positive economic data from Asia and signs of easing tensions between the United States and China overshadowed fears of a global slowdown, while shares of Scandinavian airline SAS fell after it filed for bankruptcy in the United States. The pan-European Stoxx …
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5 July 2022 11:44 am
Nikkei rises 1% as investors flock to cheap technology stocks
Japan’s Nikkei index closed higher by one percent on Tuesday as investors sought to snipe declining technology shares, as well as stocks receiving support from rising Asian stocks and US futures. The Nikkei rose 1.03 percent to close at 26,423.47 points. The broader Topix index rose 0.5 percent to 1,879.12 …
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5 July 2022 10:56 am
Oil rises as tight supplies outweigh recession fears
Oil prices rose on Monday as supply concerns driven by lower OPEC production, unrest in Libya and sanctions against Russia outweighed concern about a global recession slashing demand for crude. Inflation in the euro area hit another record high in June, which strengthens the case for rapid interest rate increases …
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