The USD/JPY recovers after dipping 350-pips in the week, rallying above the 122.00 mark on a buoyant market sentiment and the stronger US dollar, lifted by solid US macroeconomic data and prospects of the Federal Reserve hiking rates by 50-bps in the May meeting. The USD/JPY pair is trading at …
Read More »Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Market Analysis
April, 2022
-
1 April 2022 8:01 pm
Fed’s Evans: Hiking under 2.5% by March 2023 gives Fed “optionality”
Chicago Fed President and FOMC member Charles Evans on Friday said that raising interest rates to just under 2.5% by March 2023 gives the Fed “optionality”. It is not a big risk if that rate-hike path includes “some” 50 bps hikes to get to the neutral rate sooner.Monthly inflation reports …
Read More » -
1 April 2022 7:48 pm
US: ISM Manufacturing PMI falls to 57.1 in March
The headline ISM Manufacturing Purchasing Manager’s Index (PMI) figure fell to 57.1 in March from 58.6 in February, a miss against expectations for a small rise to 59.0, according to the latest release by the Institute for Supply Management (ISM). There was a sharp rise in the Price Paid subindex …
Read More » -
1 April 2022 7:30 pm
Turkish lira vulnerable to additional weakness in 2023
The conflict in Ukraine reinforces downside risks for the Turkish lira according to MUFG Bank. The bank forecasts USD/TRY at 15.250 by the end of the second quarter and at 16.000 by the third quarter. Key Quotes:“The lira has re-weakened against the US dollar over the past month undermined primarily …
Read More » -
1 April 2022 7:24 pm
EUR/USD At Fresh Lows On Stronger US Dollar
The EUR/USD pair dropped further and printed a fresh three-day low during the American session at 1.1026 as the US dollar gained momentum. The bias remains to the downside with the pair set to keep trimming weekly gains.The US dollar strengthened after the beginning of the American session as market …
Read More » -
1 April 2022 6:02 pm
Oil is heading to record the largest weekly loss in two years
Oil prices fell on Friday, ahead of a meeting of member states of the International Energy Agency to discuss the withdrawal of strategic oil reserves, coinciding with a massive planned withdrawal of reserves in the United States. Brent crude and US West Texas Intermediate crude are heading for their biggest …
Read More » -
1 April 2022 4:38 pm
US Non-farm Payrolls rise in March
Nonfarm Payrolls (NFP) rose by 431,000 in March, below the median economist forecast for a 490,000 rise, data published by the US Bureau of Labor Statistics showed on Friday. However, the February Non-Farm Payrolls number received a hefty 72,000 upwards revision to 750,000 from 678,000, more than making up for …
Read More » -
1 April 2022 3:37 pm
Concerns about gas supplies cast a shadow over European shares
European stocks started the second quarter of the year on a cool note, as investors were gripped by worries about economic growth and inflation as Europe waited for a deadline to start paying for Russian gas in rubles. Russian President Vladimir Putin has threatened to cut gas supplies unless they …
Read More » -
1 April 2022 2:34 pm
Eurozone Preliminary Inflation surges 7.5% YoY in March
The annualized Eurozone Harmonised Index of Consumer Prices (HICP) surged by 7.5% in March, coming in much higher than the previous reading of 5.9%, the latest data published by Eurostat showed on Friday. The consensus forecast was for a hotter reading of 6.6%. The index hit another record high, as …
Read More » -
1 April 2022 1:46 pm
Gold is falling as bond yields increase, heading for a weekly loss
Gold fell on Friday and is heading for a weekly decline, as the rise in Treasury yields affected the attractiveness of the non-yielding metal, and increased pressure on it due to the rise of the dollar. And gold fell in spot transactions 0.4 percent to $ 1929.90 an ounce by …
Read More » -
1 April 2022 12:46 pm
Japan shares fall, affected by the decline of Wall Street and profit taking
Japanese stocks fell on Friday, dragged down by Wall Street’s slump, while investors continued a profit-taking spree after big gains last month. The Nikkei index fell 0.56 percent to close at 27,665.98 points, and the index fell 1.7 percent during the week. The broader Topix index fell 0.11 percent to …
Read More » -
1 April 2022 12:15 pm
NFP Preview: Forecasts From 4 Major Banks
The US Bureau of Labor Statistics (BLS) will release the March jobs report on Friday, April 1 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 4 major banks regarding the upcoming employment data. CIBC “Employers likely …
Read More » -
1 April 2022 11:05 am
The ruble rises for the ninth session
The Russian ruble rose for the ninth straight session in Moscow, closing near 83 to the dollar on Thursday, and stocks jumped as some limits on short-selling were lifted, with the market focusing on the effects of Moscow’s demand to pay for its gas exports in rubles. The ruble rose …
Read More »