Gold has managed to remain buoyant despite rising US Treasury yields amid an upbeat market mood, as investors shrugged off the Ukraine-Russia brawl and a hawkish Fed, which according to March’s minutes, would hike 50-bps in the May meeting as well as reducing the $9 trillion balance sheet. XAU/USD is …
Read More »China’s Forex Reserves Surge, Gold Holdings Grow for Eighth Month
China’s foreign exchange reserves soared to $3.3174 trillion by June 2025, marking a $32.2 billion (…
EUR/USD Rises Amid Trump’s Tariff Letter and EU Trade Hopes
On Tuesday, the EUR/USD pair, the world’s most traded currency pair, edged up 0.09% to 1.1718, drive…
Trump’s Tariff Letter Looming as EU Races for Trade Deal
President Donald Trump announced a forthcoming letter to the EU within two days outlining tariff det…
Despite short-term declines, strong investor demand for gold and silver features FY2025
As of July 8, 2025, at 19:13 GMT+3, the spot gold price stands at $3,297.175 per ounce, down 1.18% d…
Sterling’s Slide: Can the Pound Weather UK Fiscal Woes and Fed Caution?
The British Pound is losing ground against the US Dollar, with GBP/USD dipping below the 20-day simp…
Oil Prices Retreat Amid U.S. Tariff Uncertainty and OPEC+ Output Increase
Oil prices retreated on Tuesday after rising nearly 2% in the previous session, as investors assesse…
Bitcoin Slips as Tariff Uncertainty Weighs on Market Sentiment
Bitcoin experienced a slight decline on Tuesday, dropping 0.5% to $108,224.20, as new U.S. tariffs a…
European Stocks Edge Higher Amid Trade Uncertainty
European stocks experienced modest gains on Tuesday as investors assessed the latest news on U.S. tr…
Gold Prices Steady Amid U.S. Tariff Uncertainty and Dollar Strength
Gold prices held steady in Asian trade on Tuesday after U.S. President Donald Trump’s latest tariff …
GBP/USD Stalls as Trump’s Tariffs and Policy Splits Pressure Markets
The Pound Sterling hovers near 1.3638 on July 7, 2025, caught between US-Iran tensions, US President…
Market Analysis
April, 2022
-
8 April 2022 10:25 pm
ECB Moving toward a more hawkish stance
Analysts at Danske Bank revised their forecast for the European Central Bank and now look for a rate hike in September and December. Despite the more hawkish stance from the ECB, they still forecast EUR/USD at 1.05 in twelve months. Key Quotes: “We revise our ECB call slightly after the …
Read More » -
8 April 2022 7:01 pm
Tesla rallies on Cybertruck news despite China recall
Tesla (TSLA) stock gained over 1% in a combination of broad market recovery and follow-on from some strong delivery data last weekend. Tesla however remains on watch for further losses as it has failed to break the previous high and remains in a medium-term downtrend from a technical perspective.Elon Musk …
Read More » -
8 April 2022 6:32 pm
WTI expected to close in red territory for second successive week
The WTI crude oil is expected to end lower for a second successive week. Meanwhile, traders digest this week’s IEA reserve release announcements.The WTI crude oil currently trades a little bit lower on the day around $96.00 after hitting March lows on Thursday. Technical selling after breaking below a long-term …
Read More » -
8 April 2022 5:45 pm
Could US Fight Against Inflation Spark Debt Crisis Abroad?
On 16 March, Jerome Powell, the chair of the US Federal Reserve, announced that the central bank would hike interest rates to 0.25 percent. It was likely just the first in a sequence of rate increases designed to tame stubbornly high inflation. Since the start of the year, the Fed …
Read More » -
8 April 2022 5:24 pm
GBP/USD Moving Lower, Looking For A Break
The GBP/USD pair has continued moving lower. Economists at Credit Suisse stay bearish and look for a break below 1.30 to open up a fall to 1.2855/29. Resistance has been seen at 1.3168/84Economists now look for an imminent break below 1.3013/00, which would reassert the core downtrend, especially if daily …
Read More » -
8 April 2022 5:09 pm
Canadian Economy adds 72.5K jobs in March
The Canadian economy added 72,500 jobs in March, a tad below the median economist forecast for 80,000 jobs to have been added on the month, a report released by Statistics Canada on Friday showed. That marked a significant deceleration in the pace of job gains versus February when 336,600 jobs …
Read More » -
8 April 2022 4:29 pm
Gold is confined to a limited range amid expectations of a US rate hike
Gold traded in a limited range on Friday due to expectations of a large US interest rate hike, concern over rising inflation, and the economic fallout from the Ukraine crisis. And the price of gold settled in spot transactions at 1931.53 dollars an ounce by 0858 GMT, but it recorded …
Read More » -
8 April 2022 3:32 pm
European shares are heading for a weekly gain after a strong start to trading on Friday
European shares jumped 1.2 percent in early trading on Friday, erasing losses this week, as investors awaited the first round of the French presidential election early next week, as the victory of incumbent President Emmanuel Macron is no longer a given. Financial and auto stocks led the gains, while all …
Read More » -
8 April 2022 3:30 pm
Oil prices are heading for a weekly decline due to the release of reserves
Oil prices rose on Friday but were still on track for a second weekly decline in a row after countries announced plans to release crude from their strategic stocks. Brent crude futures rose 71 cents, or 0.7 percent, to $101.29 a barrel by 1056 GMT. US West Texas Intermediate crude …
Read More » -
8 April 2022 1:37 pm
The dollar index touches the 100-point level for the first time in two years
The dollar index rose to 100 points for the first time in nearly two years on Friday, boosted by prospects of an acceleration in US interest rates. The dollar rose against a basket of rival currencies over the past month, especially against the euro, which has come under pressure due …
Read More » -
8 April 2022 1:19 pm
European shares are heading for a weekly gain
The healthcare sector helped European shares on Thursday recovered from a session that saw their worst performance in a month, even as investors remained wary of the Fed’s tightening minutes and Washington’s new sanctions against Russia. The pan-European Stoxx 600 index rose 0.5%, after losing 1.5% in the previous session. …
Read More » -
8 April 2022 12:50 pm
Ukrainian Prime Minister: This year’s grain harvest will decrease 20% year on year
Ukrainian Prime Minister Denis Shmyhal said on Friday that this year’s grain harvest is likely to be 20 percent below its level last year due to the shrinkage of the cultivated area after the Russian invasion. He said there is a shortage of fuel for farmers, but Ukraine knows how …
Read More »