The Bank of Canada (BoC) is scheduled to announce its monetary policy decision this Wednesday at 14:00 GMT. The Canadian central bank is widely expected to hike its benchmark interest rate by 50 bps for the first time since May 2000 and announce quantitative tightening (QT) to control spiralling inflation. …
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
-
13 April 2022 5:51 pm
EUR/USD to further decline on unchanged guidance from the ECB
The EUR/USD pair crawls towards 1.08 with little help coming from the European Central Bank (ECB) tomorrow. Economists at Scotiabank expert the world’s most popular currency pair to sustain further losses on unchanged guidance from the ECB.On the French elections front, early runoff polls show Macron defeating Le Pen. With …
Read More » -
13 April 2022 4:31 pm
Bitcoin at its lowest level in three weeks
Cryptocurrencies continued to slide to their lowest levels in three weeks, as inflation in the United Kingdom raised persistent concerns about the health of the global economy. Bitcoin rose 0.3% to $40,134, but was still flat above the $40,000 key support level. Ethereum, the closest competitor by market capitalization, gained …
Read More » -
13 April 2022 3:00 pm
Oil prices rise amid focus on fears of falling supplies
Oil prices rose on Wednesday after Russia said peace talks with Ukraine had reached a dead end, fueling supply concerns, while weak economic data from China and Japan kept gains limited. By 0808 GMT, Brent crude rose 48 cents, or 0.5 percent, to $105.12 a barrel. West Texas Intermediate crude …
Read More » -
13 April 2022 1:30 pm
European shares fall for a third day, affected by fears of high inflation
European shares fell for the third session in a row on Wednesday, April 13, pressured by fears of rising inflation and its potential impact on the upcoming earnings season, which undermined risk appetite. The pan-European Stoxx6000 index fell 0.2%, retail and technology stocks fell, while the mining sector advanced. And …
Read More » -
13 April 2022 12:59 pm
Gold is rising as the demand for safe havens increases
Gold prices rose on Wednesday after fears of an escalation of the conflict between Russia and Ukraine boosted demand for safe-havens, including the precious metal, but gains were limited by the rise of the dollar. Spot transactions rose 0.2 percent to $ 1969.76 an ounce, after hitting a one-month high …
Read More » -
13 April 2022 12:30 pm
Nikkei records biggest increase in 3 weeks after US inflation data
Japan’s Nikkei index closed higher on Wednesday, posting the biggest increase in more than three weeks after the release of US inflation data that came largely in line with analyst expectations. The Nikkei ended the session up 1.93 percent at 26,843.49 points, the largest increase since March 22 and a …
Read More » -
13 April 2022 2:23 am
Market Drivers – US Session – 12 April
The US dollar shed ground ahead of the release of US inflation figures, later recovering somewhat to close the day unevenly. The dollar is stronger against the shared currency, as EUR/USD trades around 1.0830, not far from the year low at 1.0805.Economic DataThe annual rate of US inflation, as per …
Read More » -
13 April 2022 2:10 am
EUR/USD Touches Fresh Monthly Lows After CPI Data
The Euro aims to test the YTD low around 1.0806 after dropping below the 1.0900 mark. The US inflation broke the 8% threshold, a level last seen in 1981, which cements a 50 bps rate hike of the Fed at its May meeting.The EUR/USD pair drops to fresh monthly lows …
Read More » -
13 April 2022 2:03 am
Washington to announce $750 million more in weapons for Ukraine
US President Joe Biden’s administration is expected to announce as soon as Wednesday another $750 million in military assistance for Ukraine for its fight against Russian forces.The equipment would be funded using the Presidential Drawdown Authority, or PDA, in which the president can authorize the transfer of articles and services …
Read More » -
13 April 2022 1:22 am
Euro’s founding father: ECB is ‘living in a fantasy’ about inflation
Otmar Issing said the European Central Bank’s slow response to inflation posed a risk to growth, in an interview with the FT. So, one of the euro’s founding fathers, he said the ECB had “lived in a fantasy” and downplayed the risk of rising prices.Inflation has surged to record highs …
Read More » -
13 April 2022 1:14 am
USD/CAD Surges Despite Oil Price Recovery, CPI Data
Oil prices are elevated and yet the CAD struggles in the face of a firm US dollar and fresh cycle highs. At 1.2641, the USD/CAD pair is up 0.13% on the day, little changed although in recovery mode from its weakest level in nearly four weeks. This is despite a …
Read More » -
13 April 2022 1:08 am
Bitcoin Price Slightly Retreats After Hitting $41,000 On CPI Data
Bitcoin decoupled from the Nasdaq to denote a 2.7% gain as US inflation numbers recorded a new 40-year high. US inflation hits new 40-year record at 8.5%. Bitcoin traded green above $40,500 as the index reading came above market expectations, then the most popular cryptocurrency retreated to 39,502 on the …
Read More »