Prices in the European jet fuel market rose sharply, with global air traffic resisting the influence of the omicron variable. According to Bloomberg, one of the most important measures of the fuel market, which is the difference between diesel, rose last Friday to its highest level since September 2019, long …
Read More »DXY surges following upbeat NFP data
The US Dollar surged to multi-year highs following the release of robust Nonfarm Payrolls (NFP) data…
Bitcoin Stumbles as Job Growth Dampens Rate Cut Hopes
Bitcoin experienced a sharp decline on January 10th as unexpectedly strong US job market data dimini…
US stocks decline post robust NFP data
The Dow Jones Industrial Average plummeted over 700 points on Friday, following the release of unexp…
Fed’s Goolsbee: Rates could come down if things stay steady and inflation doesn’t spike
Federal Reserve Bank of Chicago President Austan Goolsbee stated in a CNBC interview on Friday that …
Upbeat NFP Data Evidences Resilient Labour Market
The recent US nonfarm payrolls report delivered a resounding message: the American labour market rem…
Delta Air Lines Exceeds Q4 Earnings Expectations on Robust Travel Demand
Delta Air Lines reported fourth-quarter earnings that outperformed Wall Street estimates, propelled …
China’s Central Bank Halts Treasury Bond Purchases Amid Currency Concerns
China’s central bank, the People’s Bank of China (PBOC), announced on Friday the suspens…
European Markets Edge Lower as Investors Await U.S. Jobs Data
European stock markets traded slightly lower on Friday as investors exercised caution ahead of the r…
Oil Prices Climb as Winter Weather and Supply Concerns Drive Demand
Oil prices rose in early Asian trade on Friday, continuing their upward trajectory for a third conse…
Gold Prices Inch Higher Amid Rate and Trade Jitters, Copper Boosted by China Stimulus Hopes
Gold Market Highlights Gold Extends Weekly Gains Amid Uncertainty Spot gold rose 0.1% to $2,672.12 p…
Market Analysis
January, 2022
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18 January 2022 3:00 pm
The 10-Year US Treasury Yield Rose to a Two-Year High
The yield on US 10-year Treasury bonds rose to a two-year high on Tuesday, in a sign that investors are preparing for more aggressive measures by the Federal Reserve. Investors are awaiting the Federal Reserve’s meeting next week, coinciding with a rise in the inflation rate, which recorded its highest …
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18 January 2022 2:40 pm
Gold Prices Are Marginally Lower as The Yield on US Treasuries Rises
Gold prices fell marginally during trading today, Tuesday, amid the rise in the yield on US 10-year Treasury bonds to the highest level in two years, and with the follow-up to developments in monetary policy. Investors’ eyes are still heading towards the Federal Reserve’s monetary policy meeting, scheduled for the …
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18 January 2022 1:46 pm
The Nikkei index fell after the release of BoJ
The Nikkei index declined at the end of trading Tuesday, due to the rise in the US Treasury bond yield, which caused a selling wave in heavyweight stocks, and after the Bank of Japan raised its inflation expectations. Shuichi Arissawa, director of investment research at IwaiCosmo Securities, said in comments …
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18 January 2022 12:59 pm
The British Economy Added 184,000 Jobs in December
The unemployment rate in the United Kingdom declined during the three-month period ending in November, as the repercussions of “Omicron” on the British economy were not clear, as it headed at the end of last year to re-tighten the closure restrictions. According to data from the National Statistics Authority released …
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18 January 2022 2:46 am
The Dollar Consolidates Friday Gains As Investors Await Fresh Catalysts
The week started in slow motion, with little action across the board. Chinese data released at the beginning of the day provided a modest boost to high-yielding assets, which changed course during European trading hours. US markets were closed due to the celebration of Martin Luther King Day, with no …
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18 January 2022 2:03 am
Meet Mohamed Hashad on Dubai TV 01/17/2022
Director of Research and Development at Noor Capital and member of the US Association of Professional Technical Analysts, Mohamed Hashad, was interviewed Monday morning by Dubai Channel to comment on the most outstanding developments in the financial markets during the second week of 2022, as oil continued to reap gains …
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17 January 2022 10:49 pm
WTI Holds Support Around $84.00 AS Physical Market Builds
Amid holiday-thinned trading conditions with US markets shut for MLK Day, oil prices have been broadly stable on the first trading session of the week, with front-month WTI futures subdued near $84.00 per barrel.Prices hit a fresh two-month high in the $84.70s early on during Asia Pacific trade, but profit-taking …
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17 January 2022 9:02 pm
Wells Fargo Expects A Quieter Fed Meeting In January
The FOMC’s first meeting of the year is likely be a quieter affair than its December meeting, when the Committee accelerated its taper plans and outlined a more aggressive policy path for 2022. According to Wells Fargo, “there will not be a fresh Summary of Economic Projections, and we expect …
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17 January 2022 8:01 pm
BoJ Preview: Eight Major Banks Speculating On Price Risks
The Bank of Japan will announce its policy decision on Tuesday, January 18. The central bank is unanimously expected to keep its policy settings at the conclusion of its two-day meeting and as it gets closer to the release time, here are the expectations forecast by the economists and researchers …
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17 January 2022 7:54 pm
BoC Survey: Business Sentiment In Canada Improves Again
The Bank of Canada’s Business Outlook Survey (BoS) for Q4 revealed on Monday that the business sentiment in Canada improved again, with the BoS indicator coming in at a new record high of 5.99, up from 4.73 in the third quarter. The data for the latest survey was collected prior …
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17 January 2022 4:53 pm
Russia Fines Google For Not Removing Content Banned by Moscow
A Moscow court said on Monday it has fined Alphabet Inc’s Google 4 million Russian rubles ($52,526) for providing access to content banned in Russia, the latest in a string of fines for the US tech giant. Russia has stepped up its efforts to pressure big tech companies, imposing huge …
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17 January 2022 3:17 pm
The dollar is stable, traders are reassessing their bets on raising interest rates
The US dollar fell somewhat on Monday as traders believed the US Federal Reserve’s rate hike steps had already been absorbed while the euro retreated from Friday’s two-month high. The Chinese central bank’s sudden cut in key lending rates has highlighted the bank as a tweeter out of the fray …
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