The U.S. dollar soared on Monday, hitting a three-week high after President Donald Trump’s latest tariffs fueled demand for safe-haven assets. Key Moves in the Currency Market Dollar Index: Up 1% to 109.305 (09:30 GMT), after touching a three-week high. Chinese Yuan (Offshore): Fell to a record low against the …
Read More »USD Faces Downside Risks as NFP Data Looms
The US dollar teeters near multi-month lows, trading around 98.5, as markets await the Nonfarm Payro…
EUR/USD Retreats as ECB Signals Policy Pause
The EUR/USD pair recently pulled back from a multi-week high near 1.1500, trading at 1.143 with a mo…
Oil Prices Slip as U.S. Fuel Stockpiles Rise, Saudi Price Cuts Add Pressure
Oil prices fell in Asian trade on Thursday, extending losses from the previous session as rising U.S…
The Euro’s Moment? Weak US Data and ECB Action Set the Stage
The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This shift c…
Post ADP Data: USD/JPY Decline Highlights Yen’s Strength, Economic Shifts
The Japanese Yen is gaining momentum against a faltering US Dollar, with the USD/JPY pair dropping b…
Uncertainty Fuels Gold’s Surge as US Data Signals Slowdown
Rising amidst economic headwinds, gold has once again demonstrated its traditional role as a safe-ha…
Explainer: What Implications China’s Economic Slowdown Could Have On World Markets
China’s economy, the world’s second-largest, is faltering, sending ripples of concern through global…
Bulgaria and Ukraine: Eurozone Ambitions and Economic Alignment
Bulgaria’s path to euro adoption, scheduled for January 2026, and Ukraine’s pursuit of EU integratio…
Will the ECB Cut Rates Again? More About Opportunities, Challenges for the Eurozone
The European Central Bank (ECB) is poised to reduce its deposit rate by 0.25 percentage points to 2%…
China and EU Push For Fresh Trade Talks In July
China and the European Union have scheduled urgent trade negotiations to address escalating economic…
Market Analysis
February, 2025
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3 February 2025 2:13 pm
Oil Prices Rise as Trump Tariffs Fuel Supply Concerns
Oil prices climbed on Monday as U.S. President Donald Trump imposed tariffs on Canada, Mexico, and China, raising fears of potential supply disruptions. However, concerns over a broader trade war limiting global economic growth capped gains. Key Oil Price Moves: Brent crude futures rose 1.03% to $76.45 per barrel (0933 …
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3 February 2025 12:56 pm
European Markets Drop as Trump Tariffs Spark Global Selloff
European stocks retreated sharply on Monday, mirroring a global selloff as investors feared an escalating trade war after U.S. President Donald Trump imposed new tariffs on China, Canada, and Mexico. Market Reaction: STOXX 600 index fell 1.4% by 0810 GMT S&P 500 futures dropped 1.3%, signaling a weak Wall Street …
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3 February 2025 11:46 am
Gold Retreats from Record Highs as Dollar Soars on Trump Tariffs
Gold prices fell on Monday, pulling back from record highs as the U.S. dollar surged following President Donald Trump’s new trade tariffs on China, Canada, and Mexico. Market Reaction: Spot gold dropped 0.7% to $2,780.56 per ounce Gold futures (April contract) declined 0.8% to $2,810.30 per ounce Spot gold had …
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3 February 2025 10:52 am
Bitcoin and Cryptos Plunge as Trump’s Tariffs Stoke Risk Aversion
Cryptocurrency markets tumbled sharply on Monday, as risk appetite took a hit following U.S. President Donald Trump’s decision to impose new trade tariffs on China, Canada, and Mexico. Market Impact: Bitcoin (BTC) plummeted 10% to $91,695.8 Ethereum (ETH) slumped 22.7% to $2,434.84 $TRUMP memecoin, launched by Trump in January, hit …
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3 February 2025 2:22 am
Weekly market recap: Was the greenback the biggest gainer last week?
US Dollar ended last week higher buoyed several market drivers, including concerns of Trump’s administration tariffs, Federal Reserve Bank rate decision and its chief Jerome Powell’s statements, and US data of inflation and spending. Such market drivers were impactful om the greenback and all other traded assets in global financial …
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January, 2025
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31 January 2025 11:34 pm
US dollar continues to rise on tariff concerns
US Dollar Continues to Rise Due to Tariff ConcernsThe US dollar continues its ascent, driven by anticipated US tariff threats, which may take effect on February 1st.These threats include those reiterated by US President Donald Trump since his official inauguration speech, stating his intention to impose a 25% tariff on …
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31 January 2025 10:29 pm
Eurozone Inflation Expectations Tick Up as ECB Eases Policy
Eurozone inflation expectations continued to rise in December, according to recent surveys from the European Central Bank. Consumer inflation expectations for the next 12 months increased for the third consecutive month, while professional forecasters revised upward their projections for both this year and next.The ECB’s Consumer Expectations Survey revealed that …
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31 January 2025 10:21 pm
Canadian Dollar Recovers After Tariff Threat Retreat
The Canadian Dollar staged a significant recovery on Friday, appreciating 0.65% against the US Dollar. This rebound followed a brief plunge to fresh multi-year lows triggered by the announcement of potential tariffs on Canadian goods. While the threat of immediate tariffs has been temporarily alleviated, concerns remain, and the Canadian …
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31 January 2025 8:11 pm
Global Traders Navigate Disruption with New Supply Chain Strategies
Supply chain disruptions have become increasingly prevalent, forcing businesses worldwide to re-evaluate their strategies. A key response has been the rise of “nearshoring,” where companies source goods and services from closer geographical locations. While this approach offers potential benefits, it also presents limitations. For example, while local coffee chains may …
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31 January 2025 7:14 pm
Inflation Holds Steady: Core PCE Still Above Target
The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures (PCE) price index, edged higher in December, indicating that inflation remains modestly elevated above the central bank’s target.While the overall PCE increased to 2.6% year-over-year, the core PCE, which excludes volatile food and energy prices, remained unchanged at 2.8%, matching …
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31 January 2025 5:25 pm
Exxon Mobil Surpasses Earnings Estimates but Falls Short on Revenue
Exxon Mobil Corporation (NYSE: XOM) reported strong fourth-quarter earnings that beat analyst expectations, though revenue came in lower than projected. Despite this, the company’s stock rose 0.9% following the announcement. Key Financial Highlights – Q4 2024: Earnings: $7.6 billion ($1.72 per share) Adjusted Earnings (Excluding Identified Items): $1.67 per share …
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31 January 2025 3:38 pm
Suez Canal Chief Urges Maersk to Reconsider Red Sea Route Amid Stability Signs
The Suez Canal Authority (SCA) Chairman Osama Rabie has urged AP Moller-Maersk to reassess its shipping routes through the Red Sea, citing emerging signs of stability in the region, according to an official SCA statement. Key Developments: Rabie’s remarks came during a meeting with Maersk’s CEO and senior executives, though …
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