San Francisco Fed chair and FOMC member Mary Daly on Wednesday said that it is now time to move away from the Fed’s extraordinary support for the US economy. Daly has added that interest rates will be moving up this year to a level more consistent with where the economy …
Read More »Wall Street Wins the Week Despite Trade Winds and Economic Concerns
A resilient Wall Street concluded a positive week, with gains fueled by the market’s heavyweig…
Gold Retreats Below $3,300 on Dimmed Trade Hopes, Firmer Dollar
Gold prices took a sharp dive below the $3,300 threshold, shedding over 1.60% to trade at $3,294, as…
Bitcoin Consolidates Near $94,000 Amidst Strong Institutional Demand and Shifting Market Sentiment
Bitcoin’s price is currently consolidating around the $94,000 mark, with a 0.85% gain on Frida…
Dollar Climbs Amid Trade Talk Confusion and Fed Rate Cut Hopes
The US Dollar gained ground on Friday, with the US Dollar Index (DXY) rising 0.37% to hover near 99.…
Trump Signals Moderate Stance on Tariffs Amid Market Volatility
In a recent address, US President Donald Trump offered a conciliatory tone regarding the nation̵…
Pound Stumbles Despite Retail Surge as US Sentiment Retreats, Trade Talks Falter
The Pound Sterling struggled to find its footing against a resilient US Dollar, dipping 0.20% to tra…
US Consumer Confidence Crashes as Trade War Sparks Economic Fears
Consumer sentiment in the US took a nosedive in April, marking the steepest decline since the 1990 r…
U.K. Retail Sales Defy Expectations with March Rise, Despite Trump Tariff Fallout
U.K. retail sales unexpectedly rose in March, surprising economists and offering a rare bright spot …
Bitcoin Set for Weekly Gains Despite Cautious Trade on Mixed U.S.-China Signals
Bitcoin edged higher on Friday, adding to strong weekly gains after earlier optimism that U.S. Presi…
Gold Slips as Risk Appetite Improves, but Trade War Uncertainty Keeps Prices Elevated
Gold prices edged lower in Asian trading on Friday, retreating from this week’s record highs as risk…
Market Analysis
February, 2022
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24 February 2022 12:42 am
How Do Fed Policymakers Define Maximum Employment?
Congress instructs the Federal Reserve to aim for maximum employment and price stability. The Fed has defined price stability as inflation averaging 2%, but maximum employment cannot be explained in such a simple manner.In its monetary policy strategy statement, FOMC has pointed out that he maximum level of employment is …
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24 February 2022 12:13 am
USD Winner Amid Eastern Europe Crisis
The day started with investors optimistic about Eastern Europe developments, but the market sentiment deteriorated during the US trading session’s hours, resulting in the stronger USD against most of major global counterparts.Ukraine has declared the State of Emergency starting 24 February for 30 days amid reports from US intelligence indicating …
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24 February 2022 12:00 am
US Shares Retreat To Fresh Lows Amid Potential War Woes
Concerned About Russia-Ukraine WarUS shares were down for a fourth consecutive session on Wednesday fears about a full-scale Russian invasion of Ukraine continued to rise.The S&P 500 fell back under the 4300 level and hit fresh monthly lows under 4260, with bears eyeing a test of annual lows around 4222. …
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23 February 2022 11:46 pm
Will Fed Slow Rate Hikes Because Of Elections?
The Federal Reserve will effectuate the first raise interest rates at its 16 March meeting in an attempt to put confront inflation. The big question now is whether policymakers will boost rates by a quarter of a percentage point or a half-point. But there are some Wall Street experts who …
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23 February 2022 10:46 pm
USD/CAD Maneuvering Amid Oil Prices Versus Equities
The Canadian dollar was trying to strengthen against its US counterpart on Wednesday as global financial markets started off calm in Asia. However, risk sentiment flipped on its head with investors waiting to see Russian President Vladimir Putin’s next move after he sent troops into separatist regions of Ukraine.The news …
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23 February 2022 9:54 pm
AUD/USD Retreats Amid Invasion-Related Anxiety
Benefitted from the Reserve Bank of New Zealand (RBNZ) 25 bps rate hike and its hawkish move forward guidance, the AUD/USD climbs to fresh monthly highs, around 0.7280. A sudden swing in the market mood due to elevated tensions in Ukraine decreased appetite for risk-sensitive currencies like the AUD. At …
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23 February 2022 9:34 pm
BoE Governor Asks Firms To Show Restraint When Raising Prices
The governor of the Bank of England has called on firms and businesses to show restraint when raising their prices, after he came under heavy criticism for saying employees should not demand big pay rises to help manage inflation.Andrew Bailey said that he recognized his call for workers to show …
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23 February 2022 9:22 pm
Gold Hits $1910, Eying Weekly Highs Amid Geopolitical Woes
Gold has been on the front foot in recent trading hours, pushing towards $1910 and eyeing weekly highs just above it. Following US warnings to Ukraine that a Russian invasion could come within 48 hours, market anxiety is elevated.The Gold Index (XAU/USD) has been rallying from earlier session lows in …
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23 February 2022 9:12 pm
BoE’s Tenreyro sees case for small increase in rates
Bank of England policymaker Silvana Tenreyro said on Wednesday that she saw a point for higher interest rates to tackle inflation near a 30-year high, but the extent of tightening needed was uncertain.Financial markets currently price in BoE interest rates reaching nearly 2% by the end of this year, but …
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23 February 2022 9:05 pm
ECB’s De Cos: Energy causes inflation spike to last longer
European Central Bank governing council member and Bank of Spain head Pablo Hernandez De Cos said on Wednesday that the surge in Eurozone inflation is lasting longer than expected and is largely a result of energy. There are inflation risks to the upside and are most in the short-term, he …
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23 February 2022 8:36 pm
Eurozone’s supply chain issues could remain elevated until year end
Data released on Wednesday showed Eurozone’s Inflation came in at 5.1% in January, on a yearly basis, according to Eurostat. Core figures rose by 2.3%, matching the 2.3% consensus forecasts. Analysts at Danske Bank revise their 2022 forecast for HICP (inflation) and core inflation to 4.7% and 2.4%, respectively, due …
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23 February 2022 8:27 pm
Gold Hovers Around $1900 Amid Improved Market Mood
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 …
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