Gold is subdued on a choppy trading session, clinging to the $1,900 mark amongst an overall upbeat market mood, following a series of sanctions imposed by the US to Russia, which appeared to be measured, an excuse for investors to seek riskier assets. XAU/USD is trading at $1,907 at the …
Read More »Geopolitical Tensions: The Driving Force Behind Oil Prices
Oil futures saw a decline following U.S. Secretary of State Marco Rubio’s comments on maintain…
Dollar ollar Holds Ground Amidst Mixed Economic Signals
The US Dollar Index (DXY) is currently trading around 106.50, maintaining minor gains despite recent…
Nvidia Earnings: Less Market-Moving Power?
Nvidia’s upcoming fourth-quarter earnings release is highly anticipated, but the semiconductor…
Is Gold Price’s Recent Dip a Sign of Trouble or Opportunity?
Gold is down -0.06%, trading at $ 2,937.36 per ounce. Gold prices experienced a slight dip on Friday…
US Manufacturing Shows Resilience Amid Economic Uncertainties
Recent data reveals a mixed picture of US economic activity. The S&P Global Composite PMI for F…
GBP/USD Pulls Back After Reaching New Highs
The GBP/USD pair experienced a pullback after reaching a year-to-date high of 1.2678 and testing the…
British Pound Hits Two-Month High as UK Consumer Spending Surges
The British pound strengthened on Friday, reaching a two-month high, after strong UK consumer spendi…
Bitcoin Climbs for Third Straight Day but Faces Fed Policy Headwinds
Bitcoin extended its winning streak on Friday, rising for the third consecutive day, as some investo…
European Stocks Inch Higher as Traders Weigh Business Activity and Trade Tensions
European markets edged up on Friday, as investors assessed fresh business activity data and ongoing …
Wall Street Slips as Walmart Warning, Jobless Claims Spark Economic Fears
The Dow Jones Industrial Average plummeted over 1.40% to 43,980 on Thursday as investors grappled wi…
Market Analysis
February, 2022
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23 February 2022 7:15 pm
Washington Warns Ukraine Of Full-Scale Russian Attack Within 48 Hours
According to US intelligence sources speaking to Newsweek, the US has informed Ukraine of a Russian plan to invade with 48 hours. An intelligence official said that the US had informed Ukrainian President Volodymyr Zelenskyy that the Russian plan would involve air strikes, cruise missiles, ground troops and cyberattacks.The US …
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23 February 2022 6:28 pm
Market Drivers – European Session 23-2-2022
European shares jumped 1% on Wednesday, supported by a batch of strong earnings data, and as investors digested news of the first Western sanctions against Russia over its crisis with Ukraine. The pan-European STOXX 600 index rose 1.1 percent after fears of a full-blown Russian invasion of Ukraine pushed it …
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23 February 2022 5:23 pm
European Shares Rise, Supported by Strong Earnings
European shares jumped 1% on Wednesday, supported by a batch of strong earnings data, and as investors digested news of the first Western sanctions against Russia over its crisis with Ukraine. The pan-European STOXX 600 index rose 1.1 percent after fears of a full-blown Russian invasion of Ukraine pushed it …
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23 February 2022 4:47 pm
Gold Falls as Risk Appetite Improves, Focus on Ukraine
Gold fell on Wednesday as risk-related assets rose, as investors in the precious metal awaited more developments in the Ukraine crisis while preparing for major central banks to raise interest rates soon. By 1035 GMT, spot gold fell 0.2 percent to $1,894.82 an ounce, retreating from a nearly nine-month high …
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23 February 2022 3:33 pm
Oil Falls as Supply Concerns Dissipate Due to Russia Sanctions
Oil prices fell on Wednesday from seven-year highs hit the previous day as it became clear that the first wave of US and European sanctions against Russia was unlikely to disrupt oil supplies. Brent crude fell 59 cents, or 0.6 percent, to $96.25 a barrel after hitting $99.50 on Tuesday, …
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23 February 2022 2:51 pm
Eurozone Final Inflation Arrives at 0.3% MoM in January
Eurozone’s Inflation came in at 5.1% in January, on a yearly basis, according to Eurostat’s final reading of the Eurozone CPI report for the month. The reading was in line with the estimates of 5.1% and 5.1% previous. Core figures rose by 2.3%, matching the 2.3% consensus forecasts. When compared …
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23 February 2022 1:49 pm
Japan Imposes New Sanctions Against Russia
The Prime Minister of Japan, Kishida Fumio, announced the imposition of sanctions against Russia against the backdrop of Russia’s recognition of the independence of the Donetsk and Luhansk People’s Republics from Ukraine. Japan’s sanctions stipulate banning exports from the republics of Donetsk and Luhansk, freezing the assets of their officials, …
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23 February 2022 1:13 pm
Ukraine Calls Up Reservists
The Ukrainian Armed Forces said in a statement that on Wednesday, February 23, they began recruiting reservists between the ages of 18 and 60, in implementation of a decree issued by President Volodymyr Zelensky. She added that the maximum service period is one year. Zelensky said on Tuesday that he …
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23 February 2022 12:26 pm
Oil Near Its Highest Level Since 2014
Oil prices jumped close to $100 a barrel on Tuesday after Moscow ordered troops into two breakaway regions in eastern Ukraine, but the market pared gains to close to its highest level since 2014 following efforts by Western countries to halt what they fear may be the start of a …
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23 February 2022 2:31 am
Market Drivers – US Session – 22 Feb. 2022
Relatively short wave of optimism touched financial markets during London trading hours, as Ukrainian President V. Zelenskyy said that he believes there would not be war nor a wider escalation. Economic DataMarkit flash PMIs for the EU, and the US were generally encouraging, indicating economic expansion in February as the …
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23 February 2022 2:28 am
US Bliken’s Remarks Impact gold market sentiment
Gold: US Bliken’s Remarks Impact market sentiment Gold prices were trapped in a range as sellers emerge to sell the news on Russia. Fed is moving back into focus as the Russian risk premium starts to decay. Traders watching for further deployment of Russian troops in expanded borders of Donetsk …
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23 February 2022 2:08 am
US Equities recover after Biden’s Speech
The US equities recovered from intra-day lows on Tuesday in wake of US President Joe Biden’s announcement of new sanctions targeting Russian banks, sovereign debt and wealthy individuals, joining the UK and EU who had already announced similar measures.After Biden’s remarks, where he urged that the door for diplomacy remains …
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