Gold prices rose on Tuesday, after falling 1 percent in the previous session, as the US dollar fell. Still, investors are waiting for more indications regarding interest rate expectations by the Federal Reserve. And by 1133 GMT, gold in instant transactions increased 0.4 percent to $ 1776.15 an ounce. US …
Read More »Dow Jones Pulls Back From Record High as Tech Selloff and Rising Oil Prices Rattle Markets
The Dow Jones Industrial Average briefly reached a new all-time high on Tuesday before giving up its…
Gold Rebounds as Central Bank Buying Strengthens Long-Term Support
Gold prices recovered on Tuesday after an early decline, with the precious metal regaining momentum …
AI Chip Rally Returns as Oil Prices Retreat: Can the Technology Boom Keep Driving Global Markets?
Semiconductor Stocks Regain Momentum After a Brief PullbackTechnology shares bounced back strongly a…
Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action
The Japanese Yen came under renewed selling pressure at the start of the week, pushing the US Dollar…
A New Trading Week: Why Are Markets on Edge?
The trading week of July 6–10, 2026 is shaping up to be one of the most complex of the summer, combi…
June ISM Services PMI Points to Cooling Business Activity in the US
The US services sector continued to expand in June, although growth eased slightly from the previous…
Dollar’s Cautious Climb Signals Bigger Moves Ahead as Fed Decision Looms
The US dollar is edging higher today, posting modest gains that reflect a mood of cautious optimism …
Oil Prices Rise as Weak US Jobs Data and Middle East Tensions Boost Market Sentiment
Crude Oil Rebounds as Dollar WeakensOil prices moved higher on Friday, recovering part of their rece…
Euro Struggles to Build Momentum as Markets Reassess Fed and ECB Rate Outlook
The euro posted modest gains against the US dollar on Friday but struggled to extend its advance as …
Market Analysis
December, 2022
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6 December 2022 4:39 pm
German Factory Orders jump 0.8% MoM in October
The German Factory Orders surprised markets to the upside in October, suggesting that the manufacturing sector activity is staging a modest recovery. Contracts for goods ‘Made in Germany’ jumped 0.8% on the month vs. -0.2% expected and -4.0% last, the latest data published by the Federal Statistics Office showed on …
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6 December 2022 2:24 pm
The dollar held firm following strong US data
The US dollar index held firm on Tuesday, posting its biggest gain in two weeks, after strong US service sector data fueled expectations that the Federal Reserve would raise interest rates more than recently expected. The Australian dollar rose from near a one-week low after the Reserve Bank of Australia …
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6 December 2022 1:30 pm
European stocks are falling under pressure from the banking and energy sectors
European stocks fell on Tuesday, December 6, under pressure from the banking and energy sectors, as strong data on the services sector activity in the United States raised fears that the US Federal Reserve will continue to raise interest rates at large rates. The Stoxx 600 fell by 0.1%, extending …
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6 December 2022 1:13 pm
Gold stabilizes as traders await the path of US rate hike
There was little change in gold prices on Tuesday, as the dollar stabilized after recording its largest jump in two weeks in the previous session, while fears of a larger US rate hike by the Federal Reserve persisted. And by 0553 GMT, gold settled in spot transactions at $ 1769.99 …
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6 December 2022 12:31 pm
Japanese stocks closed higher, supported by chip stocks and exporters
Japanese stocks ended slightly higher on Tuesday, supported by gains in chip-related stocks as well as exporters, which rose on the back of the yen’s decline against the dollar. The Nikkei index increased 0.24 percent, closing at 27,885.87, while the Topix index rose 0.12 percent, closing at 1950.22. The dollar …
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6 December 2022 4:29 am
Market Drivers – US Session 05/12/2022
Explosions struck two military airbases deep inside Russia on Monday as a result of drone attacks launched by Ukraine, according to Russian and Ukrainian officials, in what appeared to be an audacious attempt to hit the long-range bombers Russia has used to devastate Ukraine’s power grid.Russia’s defense ministry on Monday …
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6 December 2022 4:09 am
WTI still defensive on fresh geopolitical escalation
The WTI crude oil is maintaining its defensive stance after posting the biggest daily loss in two weeks. News has said that Ukrainian drones renew fresh geopolitical fears by attacking deep inside Russia. The said drones attacked military bases hundreds of miles inside Russia and escalated war. This serious development …
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6 December 2022 12:49 am
US inflation expectations retreat from one-month high
US inflation expectations as per the 10-year and 5-year breakeven inflation rates according to the St. Louis Federal Reserve (FRED) data, challenge the recently hawkish bias over the US Fed.The inflation precursors might have taken clues from the Fed policymakers’ dovish comments, including those from Chairman Jerome Powell, to challenge …
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5 December 2022 11:16 pm
Oil falls amid data, mixed worries
Oil prices fell nearly 3% on Monday, following US service sector data that has added to worries that the Fed could continue its aggressive policy tightening path. So, the data caused oil and stock markets to pare gains.Brent crude futures were down $2.18, or 2.6%, at $83.39 a barrel by …
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5 December 2022 10:20 pm
GBP/USD steps up, eying break of 1.2150s
The GBP/USD pair slides amid risk aversion at start of week US session. The British Pound is vulnerable to soured UK politics and economy. The US dollar bulls are moving in on the face of stronger US economic data.The British Pound is under pressure in the US trading session as …
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5 December 2022 9:24 pm
EUR/USD falls on robust US ISM Services data
The Euro is falling against the US Dollar after hitting a six-month high nearby 1.0600. Eurozone data was mixed, though slanted towards the negative territory as Retail Sales retreated. Therefore, the Euro is almost unchanged against the dollar following the release of the positive US ISM Services PMI that underpinned …
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5 December 2022 8:33 pm
US Dollar’s downside contained ahead of November CPI, FOMC meeting
The US Dollar fell again last week. However, according to analysts and economists the dollar is expected to consolidate ahead of November Consumer Price Index (CPI) data and December’s FOMC meeting.A shift in momentum signals could keep the US dollar’s negative performance in the short-term. Yet, the US dollar’s downside …
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