European shares extended losses on Friday for the fourth consecutive session, ahead of the release of US inflation data that may prompt more speculations about the monetary policy path of the Federal Reserve at its meeting next week. Indices of all sectors fell, and the banking sector was the biggest …
Read More »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…
Dollar Wavers as Markets Await FOMC Minutes and Trade Developments
On July 8, 2025, the U.S. Dollar Index (DXY) edged up to near 98.00, but failed to sustain early gai…
U.S. Treasury Yields Climb as Tariff Threats Weaken Yen
On Tuesday, July 8, 2025, U.S. Treasury bond yields experienced a notable uptick as financial market…
Stock Market Wobbles as Tariff Push and Copper Duties Rattle Investors
U.S. stocks ended mixed, with the S&P 500 down 0.07% and the Dow Jones Industrial Average fallin…
U.S. Prepares for New Trade Announcements and Copper Tariffs by August
U.S. Commerce Secretary Howard Lutnick revealed plans to release 15 to 20 new trade-related directiv…
China’s Forex Reserves Surge, Gold Holdings Grow for Eighth Month
China’s foreign exchange reserves soared to $3.3174 trillion by June 2025, marking a $32.2 billion (…
EUR/USD Rises Amid Trump’s Tariff Letter and EU Trade Hopes
On Tuesday, the EUR/USD pair, the world’s most traded currency pair, edged up 0.09% to 1.1718, drive…
Trump’s Tariff Letter Looming as EU Races for Trade Deal
President Donald Trump announced a forthcoming letter to the EU within two days outlining tariff det…
Despite short-term declines, strong investor demand for gold and silver features FY2025
As of July 8, 2025, at 19:13 GMT+3, the spot gold price stands at $3,297.175 per ounce, down 1.18% d…
Market Analysis
June, 2022
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10 June 2022 1:10 pm
Gold falls as Treasury yields rise ahead of US inflation data
Gold prices fell on Friday and headed for a weekly decline as Treasury yields rose while investors awaited monthly inflation data in the United States for indications of the future of the Federal Reserve’s monetary policy. And gold fell in spot transactions 0.2 percent to $ 1844.78 an ounce (an …
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10 June 2022 12:32 pm
Turkish lira declines
The Turkish lira fell slightly on Friday after the Treasury, the Central Bank and other government institutions announced a series of measures to support the economy. The lira fell to 17.24 per dollar in early trading from Thursday’s close of 17.20. The lira had risen as high as 16.8 on …
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10 June 2022 5:12 am
Market Drivers – US Session – Thursday, June 9
WTI crude, futures on NYMEX, holds above $119.00 and faces a minor time correction after a vertical upside move. The black gold is holding its gains despite the renewed fears of a lockdown in China to contain the spread of the Covid-19. The Chinese economy was recovering from lockdown measures …
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10 June 2022 4:53 am
WTI holds above $119.00 despite China’s renewed lockdown concerns
WTI crude, futures on NYMEX, holds above $119.00 and faces a minor time correction after a vertical upside move. Crude oil is enjoying its gains despite the renewed concerns of another lockdown in China to contain the spread of the Covid-19.The Chinese economy was recovering from lockdown measures in Shanghai …
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10 June 2022 2:38 am
Treasury Yields jump ahead of inflation data
US government bond yields rose to 3.03% from 2.98% on Jun 8 on inflationary pressures-linked concerns ahead of the awaited CPI data. Earlier, this week, Treasury Secretary Janet Yellen acknowledged that the United States is currently facing “unacceptable levels of inflation.”To contain it, the Federal Reserve has enacted 75 bps …
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10 June 2022 1:18 am
Sec Yellen: Don’t think US is going to have a recession
Speaking at a New York event, US Treasury Sec. Janet Yellen explained that she does not think the US is going to have a recession. Earlier, this week, Sec Janet Yellen told Congress that the US is facing “unacceptable levels of inflation” on Tuesday as the treasury secretary defended herself …
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10 June 2022 12:23 am
NZD/USD slides to fresh lows as US inflation data awaited
New Zealand’s dollar slides for the fifth consecutive day after reaching a daily high at 0.6461. However, the NZD/USD is dipping below the 0.6400 figure amidst a risk-off market mood. The NZD/USD is trading at 0.6385, down by 0.86%.Before Wall Street opened, the US Department of Labor reported that Initial …
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9 June 2022 11:16 pm
USD/JPY Retreats from two-decade highs towards 134.00s
The USD/JPY pair has dipped towards 134.00 as buyers book profits ahead of Friday’s US CPI. Market sentiment is still negative as US equities record losses.The pair retreats from 2-decade highs around 134.55 but is trimming substantial losses, and albeit losing 0.09%, is preparing for a test of the 135.00 …
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9 June 2022 10:28 pm
Typical mortgage payment could be 30% higher in 5 years, Bank of Canada warns
The Bank of Canada says those who took out a home loan in 2020 or 2021 should stay for higher rates at renewal. High house prices and debt loads associated with them are a major vulnerability to Canada’s economy, the Bank of Canada said Thursday, warning buyers who bought during …
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9 June 2022 9:31 pm
CPI Index Preview: Is there any room for policy surprise?
The annual CPI forecast to be unchanged at 8.3% in May. Core prices expected to drop to 5.9% from 6.2%. Steep oil and fuel price gains in May could push inflation risk upward. Fed tightening policy will be unchanged and eventually markets are expected to react to differentials.April’s small decline …
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9 June 2022 8:46 pm
US Equities Retreat, Growth Stocks Struggle Amid Rising T-Yields
Wall Street’s main indexes retreated in mixed trading Thursday. Technology and growth equities are struggling to find direction amid rising treasury yields and weaker risk appetite on the back of accelerating concerns around soaring inflation and aggressive interest rate hikes.The Dow Jones Industrial Average was down 60.73 points, or 0.18%, …
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9 June 2022 7:56 pm
EUR/USD drops to one-week lows on stronger US dollar
The Euro came under pressure after ECE meeting despite higher yields. On the American front, the US dollar gains momentum as market sentiment deteriorates.The EUR/USD pair has dropped further during the US trading session and bottomed at 1.0643 touching the lowest level in a week amid a stronger US dollar …
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