The number of total active drilling rigs in the United States rose by 2 this week, after an increase of 4 rigs in the week prior, according to new data from Baker Hughes published on Friday.The total rig count increased to 695 this week—257 rigs higher than the rig count …
Read More »Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Market Analysis
April, 2022
-
23 April 2022 12:35 am
USD/CAD Toward biggest One-Day Gain Since Nov.
The USD/CAD pair rallied roughly 140 pips on Friday to hit its highest level in over one month above the 1.2700 mark. That marks the largest one-day percentage gain since November. The pair rallied as a function of risk-off flows, with recent BoC hawkishness and strong data failing to support …
Read More » -
23 April 2022 12:28 am
Oil slips, posts nearly 5% weekly loss on growth concerns
Oil slipped on Friday, posting a weekly loss of nearly 5%, on the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would tighten supply.Brent crude settled down $1.68, or 1.6%, at …
Read More » -
23 April 2022 12:19 am
Fed’s Assets Retreat To Level Of 5 Weeks Ago
Total assets on the Fed’s weekly balance sheet as of April 20, released this afternoon, declined to $8.955 trillion, roughly the same as on March 16 and below the levels of March 23 and April 13. Beyond the week-to-week ups and downs, caused by the peculiarities of Mortgage Backed Securities …
Read More » -
23 April 2022 12:10 am
Mester: Fed moves to tighter financial conditions
Cleveland Fed President and FOMC member Lorreta Mester, speaking in an interview on CNBC, said on Friday that the Fed wants to see tighter financial conditions, though not all at once. “We are in a recalibration phase for monetary policy,” she said, adding that the Fed’s goal is to bring …
Read More » -
22 April 2022 11:53 pm
What Wall Street Expects From French Elections
French voters head to the polls on Sunday to cast their ballots in the final round of a close presidential race between incumbent President Emmanuel Macron and rival Marine Le Pen.Centrist Macron was seen taking the lead against his far-right opponent in the final day of campaigning, taking a 57.5% …
Read More » -
22 April 2022 10:55 pm
Why does Yellen Ponder lower US tariffs on Chinese goods?
US Treasury Secretary Janet Yellen said on Friday that it is worth considering steps to lower US tariffs on Chinese goods in order to ease inflation, and that there would be some “desirable effects” of lowering tariffs. Speaking in a CNBC interview earlier in the day, Yellen stated on Friday …
Read More » -
22 April 2022 10:28 pm
Canada Sees Positive signs for consumer spending in February, March
Data released in Canada on Friday showed a better-than-expected reading on February retail sales. Analysts point out that retail sales volumes held their own in February and March, despite the headwinds to goods spending of mounting inflationary pressure and reopening service industries. The 0.1% gain in February was a little …
Read More » -
22 April 2022 6:43 pm
Slowdown warnings flash for UK economy as inflation surges
The UK economy is heading for a slowdown, or possibly even a recession, as consumers and businesses are hit by the leap in inflation, higher taxes, rising interest rates and uncertainty caused by the war in Ukraine.Bank of England Governor Andrew Bailey said on Thursday the BoE was walking a …
Read More » -
22 April 2022 6:33 pm
WTI trades around $100 as traders trapped by slowdowns, supply concerns
WTI trades a few dollars lower on Friday but is within recent intra-day ranges in the low $100s. Amid a lack of fresh developments, oil traders are mulling various oil market-relevant themes.Crude oil prices continue to trade in uneventful fashion, with front-month WTI futures stuck within their intra-day ranges of …
Read More » -
22 April 2022 6:17 pm
US Flash Markit Manufacturing PMI rises to 59.7 in April versus 58.2 expected
Manufacturing PMI was a little stronger than expected, but Services PMI was much weaker than expected. The Dollar Index (DXY) did not react to the latest PMI data release. IHS Markit’s headline Manufacturing PMI rose to 59.7 in April from 58.8 in March, above expectations for a slight decline to …
Read More » -
22 April 2022 4:51 pm
Canada: Retail Sales rise by 0.1% in March
Headline Retail Sales in Canada rose by 0.1% MoM in March, according to the latest figures released by Statistic Canada on Friday, above expectations for a 0.4% MoM decline. March’s 0.1% growth rate marked a substantial slowdown from February’s strong 3.3% MoM growth rate, which was revised a tad higher …
Read More » -
22 April 2022 3:35 pm
European shares slip as investors brace for a rate hike
European shares fell as traders intensified their bets on raising the interest rate after statements tending to tighten from central bank officials, while shares of the German software giant SABB and French luxury goods Kering fell after the two companies announced the results of the first quarter of the year. …
Read More »