The Turkish lira fell Thursday, after a surprise interest-rate cut has been decided by the country’s central bank. Similarly; Turkey’s bonds were subject to broad selloff, and investors now react by moving price in a higher risk of sovereign default, after the country’s central bank unexpectedly had decided cut interest …
Read More »Oil Prices Steady as Investors Weigh OPEC+ Moves and US Inflation Data
Oil prices steadied on Friday after early losses, as investors balanced potential supply increases f…
Gold Surges Past $5,000 as US Inflation Fuels Fed Rate-Cut Bets
Gold prices reclaimed the $5,000 mark on Friday after a softer-than-expected US inflation report rei…
Sec. Bessent Shakes Markets: China Ties and Metals Policies Ignite Global Turbulence
On a charged Friday, February 13, 2026, U.S. Treasury Secretary Scott Bessent delivered a series of …
Inflation Relief Sparks a Short-Term Rally on Wall Street
US stocks moved higher after fresh inflation data showed price pressures easing slightly more than e…
Explainer: Did the U.S. Economy Build Its Narrative on 900,000 Phantom Jobs?
In February 2026, the U.S. Bureau of Labor Statistics (BLS) released its annual benchmark revision, …
Pound Holds Steady as Softer US Inflation Revives Rate-Cut Hopes
The British pound traded steadily against the US dollar on Thursday after fresh inflation data from …
Bitcoin Rebounds Near $69,000 After Shock By U.S. Jobs Data
The price of Bitcoin came under pressure after a major revision to U.S. employment data rattled glob…
U.S. Inflation Cools Faster Than Expected in January, Strengthening Case for Fed Easing Later in Year
U.S. consumer price growth slowed more than expected in January, moving closer to the Federal Reserv…
U.S. Futures Ease as Tech Rout Lingers and Inflation Data Takes Center Stage
U.S. stock index futures edged slightly lower on Friday, as investors remained cautious following a …
Bitcoin Drifts Near $66,000, Set for Fourth Weekly Loss as Risk Aversion Builds Ahead of U.S. Inflation Data
Bitcoin traded near the $66,000 level on Friday, extending a period of subdued price action and head…
Market Analysis
August, 2022
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18 August 2022 9:18 pm
EUR/USD Retreats To Three-week Lows On Stronger Dollar
The EUR/USD pair is under pressure. The EUR/USD pair sharply dropped during the US session and is obviously facing increasing bearish pressure near a critical support at 1.0110. A break below 1.0100 would bring about parity.On Thursday, the pair touched the 1.0107 level which is, in fact, the lowest level …
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18 August 2022 8:24 pm
FOMC minutes weigh on risk appetite
Emerging market stocks and currencies fell on Thursday on the signals by Wednesday’s FOMC Minutes. The minutes obviously signaled further US interest rate hikes. MSCI’s index of emerging market stocks retreated 0.6%, set for their worst session in two weeks, while its currencies counterpart MIEM00000CUS was on course for its …
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18 August 2022 7:46 pm
OPEC’s Top Official: Relatively optimistic on oil outlook for 2023
OPEC’s new secretary general Haitham al-Ghais said on Thursday that he was relatively optimistic on the oil market outlook for 2023 and added that the world was dealing with economic pressures of inflation in a very good way.“I want to be very clear about it – we could cut production …
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18 August 2022 7:03 pm
US Existing Home Sales Decline In July
This morning’s release of the July Existing-Home Sales has showed that sales fell to a seasonally adjusted annual rate of 4.81 million units from the previous month’s 5.11 million. Expectations mentioned 4.89 million. The latest number represents a 5.9% decrease from the previous month and a 20.2% decrease YoY.The National …
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18 August 2022 5:49 pm
The dollar maintains its gains as Fed continues its battle with inflation
The dollar touched its highest level in three weeks on Thursday after the release of the minutes of the Federal Reserve’s meeting for the month of July, which indicated the continuation of raising US interest rates for a longer period to reduce inflation. The dollar’s rally caused sterling to briefly …
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18 August 2022 4:03 pm
Turkey’s central bank cuts interest rate to 13%
Contrary to expectations, the Turkish Central Bank decided on Thursday, August 18, to cut the interest rate on the lira during the week (Repo) to 13% from 14%, even though the inflation rate in the country is close to 80%. Over the past seven months, the Turkish Central Bank has …
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18 August 2022 3:24 pm
Oil rises, supported by US inventories data and expectations of a decrease in supply
Oil prices rose on Thursday as strong data on US fuel consumption and an expected decline in Russian supplies late in the year offset fears of an imminent recession that could dampen demand. Brent crude futures rose $1.43, or 1.5 percent, to $95.08 a barrel by 0900 GMT. US crude …
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18 August 2022 2:39 pm
Gold rises as bond yields fall and the dollar’s rise limits gains
Gold prices rose on Thursday as bond yields declined, but the dollar’s rally and expectations that the US Federal Reserve will continue to raise interest rates kept prices near two-week lows. And gold in the spot contracts rose 0.3 percent to $ 1765.80 an ounce, at 0920 GMT, after a …
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18 August 2022 1:57 pm
European shares slip ahead of inflation data
European shares fell in choppy trading on Thursday after a member of the European Central Bank’s board of directors hinted at another big interest rate hike next month even as recession risks intensified, with inflation data for July due later on Thursday awaiting. The pan-European Stoxx 600 index fell 0.1 …
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18 August 2022 12:59 pm
Russia expects energy export revenue to rise to $337.5 billion this year
A document from the Russian Economy Ministry, seen by Reuters, showed that rising oil export volumes, accompanied by rising gas prices, will boost Russia’s revenue from energy exports to $337.5 billion this year, an increase of 38% from 2021. This jump in revenue, if realized, would help bolster Russia’s economy …
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18 August 2022 12:00 pm
Japanese shares track Wall Street losses after Fed meet minutes
Japanese stocks fell in tandem with their Asian counterparts on Thursday as investors analyzed the Federal Reserve meeting minutes, awaiting an upcoming seminar to assess whether the US central bank will ease its tight monetary policy. The Japanese Nikkei index fell 0.91 percent at the open and hovered at this …
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18 August 2022 2:25 am
Market Drivers – US Session – Wednesday August 17
The US dollar finished Wednesday higher against most major rival currencies on Wednesday, despite suffering a near-term retreat following the release of the FOMC Minutes. The US dollar posted modest advances against safe-haven currencies, with USD/CHF trading around 0.9510 and USD/JPY at 135.00.Gold trades at $1,762.70 per ounce at the …
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