Oil prices fell more than $1 a barrel on Wednesday as the Group of Seven nations discussed setting a price ceiling for Russian oil above its current trading level. Brent crude futures lost $2, or 2.26%, to $86.36 a barrel by 1153 GMT, while US West Texas Intermediate crude futures …
Read More »Dollar Dominance Returns: Geopolitical Tensions Push Global Markets Into Defensive Mode
Global financial markets closed the week under a cloud of caution as rising geopolitical tensions in…
How the GCC Is Holding Its Ground Through the Hormuz Crisis
The Middle East has now been at war for nearly four weeks, and the economic shockwaves are being fel…
Powell’s Upcoming April FOMC Meeting: Key Takeaways for Traders and Investors
The April 28–29, 2026 FOMC meeting will likely mark Jerome Powell’s final monetary policy decision a…
Gold Slips as Geopolitical Tensions and Interest Rate Fears Weigh on Markets
Gold prices moved lower on Thursday, reversing recent gains as global uncertainty and shifting econo…
Oil Climbs Above $106 as Middle East Tensions and Supply Risks Intensify
Oil prices surged on Thursday, extending a period of heightened volatility as investors reacted to m…
U.S. Futures Slip as Iran Rules Out Direct Talks, Tempering Ceasefire Optimism
U.S. stock index futures edged lower early Thursday, as investors reassessed the likelihood of a nea…
Bitcoin Falls Below $70,000 as Geopolitical Uncertainty and Regulatory Risks Weigh on Crypto Markets
Bitcoin retreated on Thursday, reversing part of this week’s gains as investor sentiment weakened am…
German Consumer Sentiment Falls to One-Year Low as Energy Fears Resurface
Consumer sentiment in Germany deteriorated sharply, reaching its weakest level since March 2024, as …
Gold Slides as Dollar Strength and Rate Concerns Offset Geopolitical Support
Gold prices declined in Asian trading on Thursday, as investors navigated mixed signals surrounding …
Oil Jumps Over 2% as Iran Reviews U.S. Proposal Amid Persistent Market Volatility
Oil prices rebounded by more than 2% in Asian trading on Thursday, as markets reacted to conflicting…
Market Analysis
November, 2022
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23 November 2022 5:19 pm
Oil loses more than a dollar a barrel due to talks to determine the price of Russian oil
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23 November 2022 4:04 pm
Scholz Pledges to End Germany’s Over-Reliance on China, Russia
Chancellor Olaf Scholz doubled down on his government’s promise to end Germany’s “one-sided dependence” on Russia and China for energy and trade, part of a sweeping rethink of the nation’s commercial ties triggered by the war on Ukraine. “The price of sitting on our hands would be incomparably higher,” Scholz …
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23 November 2022 3:02 pm
Dollar is stable ahead of Fed
The US dollar held steady on Wednesday ahead of the highly anticipated release of the Federal Reserve’s latest policy meeting, while the New Zealand dollar was boosted by a record interest rate hike to curb inflation. The US dollar index, which measures the dollar’s performance against six major currencies, settled …
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23 November 2022 2:03 pm
European shares hover near a 3-month high
European stocks hovered near three-month highs on Wednesday as a rally in commodities stocks offset a decline in Credit Suisse after issuing a profit warning, while investors awaited corporate activity data for clues to the strength of the eurozone economy. By 0805 GMT, the pan-European Stoxx 600 index was flat …
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23 November 2022 1:21 pm
Oil prices rose slightly after data on the decline in US oil inventories
Oil prices rose slightly on Wednesday, after data showing a larger-than-expected decline in US crude inventories last week offset fears that China’s fuel demand will decline amid tightening COVID-19 restrictions. Brent crude futures rose 27 cents, or 0.3 percent, to $88.63 a barrel at 0719 GMT, while West Texas Intermediate …
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23 November 2022 12:43 pm
Gold is moving in a limited range as investors await the Fed’s statement
Gold moved in a limited trading range on Wednesday as investors awaited the Federal Reserve’s monetary policy meeting statement that could provide clues about further interest rate hikes. And by 0647 GMT gold prices in spot transactions fell 0.1 percent to 1737.79 dollars an ounce, while there was little change …
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23 November 2022 3:37 am
Market Drivers – US Session 22/11/2022
The US dollar plummeted on Tuesday amid the better performance of global equities which closed in the green territory on the back of positive risk appetite Wall Street posted considerable gains, adding the most in the final hours of trading. On the other hand, US Treasury yields edged lower with …
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23 November 2022 2:19 am
Gold benefits from positive risk appetite, softer US dollar
Gold Price registers gains of 0.03%, and the precious metal is now trading around $1738 as Fed policymakers begin to price a 50 bps rate hike and the US central bank needs to tighten monetary conditions.The US Dollar edges lower on Tuesday as the American currency is weighed by falling …
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23 November 2022 1:08 am
EUR/USD Goes Defensive As FOMC Minutes Awaited
An improvement in the market’s sentiment despite the looming Covid woes from China and mixed concerns surrounding the US-China relations help the pair to register the first daily gain in four on Tuesday. EUR/USD buyers are relaxing ahead of Wednesday that is literally eventful. The EUR/USD pair has steadied around …
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23 November 2022 12:11 am
US T-Yields Drop As Investors Await FOMC Minutes
Global equities surged on Tuesday while US Treasury yields dropped ahead of the awaited release of the Federal Reserve’s meeting minutes for November. Investors are looking forward to clues on the upcoming US interest rate hiking. On the other hand, China’s COVID restrictions weighed on the overall market sentiment.Benchmark 10-year …
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22 November 2022 11:18 pm
Hunt, BoE Governor to cut maximum size of APF
In exchanged letters between the BoE governor and the UK finance minister regarding asset purchase programme, there was a mention of the official intention to looming cutting of the maximum size of the Asset Purchasing Facility, APF.The maximum size of the APF authorized has been cut to GBP871 bln, of …
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22 November 2022 10:00 pm
GBP/USD steadily surges on softer US Dollar
The British Pound extended its gains amid prevalent positive risk appetite on Tuesday. The Pound Sterling climbed in the US session, though Fed’s hawkish commentary continued and policymakers expressed the likelihood of moderating the tightening cycle pace. China’s Covid-19 outbreak constitutes another factor triggering investors’ fears, though some fears weakened …
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22 November 2022 9:11 pm
Data-wise Canada’s consumer spending still robust
Tuesday’s data showed the declining retail sales in Canada in September by 0.5%. The biggest decline comes from gasoline and is linked to lower prices during the month in question , making sales a little better in volume terms with a 0.1% decline.The advance estimate for October shows a healthy …
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