Atlanta Fed President and FOMC member Raphael Bostic said on Tuesday that the US will be “hard-pressed” to get inflation back below 3.0% for all of 2022, reported Reuters. Bostic added he is still optimistic that Fed actions will produce steady movement of inflation back to the bank’s 2.0% target. …
Read More »Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
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…
Market Analysis
March, 2022
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1 March 2022 11:13 pm
On Course For Historic Intra-day Rally, WTI Approaches USD 107.50 Highs
The American WTI crude oil surged into the USD 104.00s on Tuesday, up sharply from Monday’s close in the USD 95.00 territories.The 2014 high in the USD 107.50 area has for now acted as a barrier to further upside. The historic intra-day rally has been driven by traders pricing in …
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1 March 2022 10:50 pm
BoE’s Saunders: Quicker QT Helps Limit Overall Tightening Cycle
The Bank of England’s Michael Saunders says vote for a 50bp hike in February ”does not necessarily imply that I believe that the level of rates one or two years ahead will be higher than the yield curve used for the February MPR.”Saunders has pointed out that it is important …
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1 March 2022 9:52 pm
Poland’s Morawiecki: Ukraine Crisis Existential Threat To Peace In Europe
Polish Prime Minister Mateusz Morawiecki said on Tuesday that conflict in Ukraine is an existential threat to peace in Europe. Poland is ready to introduce an immediate embargo on Russian coal imports, he added, and all they need is the green light from Brussels. Morawiecki proposed that the EU should …
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1 March 2022 9:44 pm
Q4 Faster GDP Growth Ensures BoC’s Interest Rate Hike
Canadians took advantage of elevated savings and low interest rates to buy houses in 2021. The Canadian economy grew at an annual rate of 6.7 per cent in the fourth quarter, much faster than the Bank of Canada was expecting, guaranteeing an interest-rate increase when policymakers announce the results of …
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1 March 2022 9:24 pm
IEA releases 60M barrel from strategic reserves
US, IEA Agree to Release 60 Million Barrels From Oil Stockpiles Amid Ukraine’s CrisisThe US and other major oil-consuming nations said Tuesday they willl release 60 million barrels of oil from their emergency stockpiles, sending a jolt of new crude supplies into the market amid a price surge caused by …
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1 March 2022 8:10 pm
What Russia’s SWIFT Ejection Really Mean Amid War Fogs
Filtering information is one of investors’ most important tasks. It is normally a difficult task under the best conditions, but right now, amid the fog of war, filtering information is nearly impossible.Away from reports, fake images and news from Russia and Ukraine, the fog is also engulfing a lot of …
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1 March 2022 7:43 pm
AUD/USD Expected to Surge On rising Commodity Prices
Climbing commodity prices are a good catalyst to provide support to the Australian dollar. Subsequently, economists at Rabobank expect the AUD to break with its status of a high-risk currency and forecast the AUD/USD at 0.74 by year-end.AUD/USD to break with its traditional role of ‘higher risk’ G10 currency. Commodity …
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1 March 2022 7:00 pm
Canada: Markit Manufacturing PMI rises slightly in February
Canadian Manufacturing PMI rose slightly to 56.6 in February, indicating continued robust growth in the manufacturing sector. That marked a slight gain from January’s 56.2 reading and was a little above expectations for 56.4.Markit Manufacturing PMI, released by Markit Economics, is based on data compiled from monthly replies to questionnaires …
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1 March 2022 5:20 pm
The Saudi Cabinet Says it Supports The OPEC+ Agreement
A statement by the Saudi Cabinet on Tuesday renewed the kingdom’s support for the OPEC + agreement, which provides for an increase in the supply of crude exporters from the Organization and allied producers by 400,000 barrels per day each month. And the official Saudi Press Agency quoted a statement …
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1 March 2022 4:40 pm
Bank of Canada Rate Decision Preview
This Wednesday at 1500 GMT, the BOC is expected to raise its benchmark interest rate to 0.50% from 0.25% (an all-time low) for the first time since October 2018. There is no press conference following the March meeting. At its January meeting, the central bank left the key rate unchanged …
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1 March 2022 4:06 pm
Palladium And Gold Jump on The Ukrainian Crisis
Palladium jumped on Tuesday on concerns that Western sanctions against Russia over its invasion of Ukraine could damage supplies, as the conflict also sent safe-haven gold prices higher. By 1043 GMT, palladium rose 3.6 percent to $2,577.38. It had reached its highest level since July 2021 at $2,711.18 last week. …
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1 March 2022 3:21 pm
Oil prices jump as supply concerns grow due to The Ukraine Conflict
Oil prices rose on Tuesday as concerns about potential supply disruptions after the Russian invasion of Ukraine and associated sanctions overshadowed talk of a coordinated global drawdown of crude stocks to calm markets. Brent crude futures rose $3.04, or 3.1 percent, to $101.01. The benchmark touched a seven-year high of …
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