Market Analysis

September, 2022

  • 19 September 2022 11:21 pm

    European factories to go dark on higher gas prices

    The impact of Russia’s sudden block of natural gas taps to Europe has saturated manufacturers and businesses in fresh risks. Energy prices climbed so fast that some factory owners had to rewrite business forecasts six times in two months. Recently, some manufacturers have put a third of their employees on …

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  • 19 September 2022 10:39 pm

    Gold struggles ahead of Fed’s decision

    The financial markets’ focus is still on major central banks as the US dollar and Treasury yields continue to dictate their saying. Gold prices encounter some pressure at the start of this week, earlier on the day, prices were sliding by 0.20% after falling from $1679 high to $1,659 low …

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  • 19 September 2022 9:32 pm

    Do markets take FedEx warning seriously?

    The earnings-related warning -announced by FedEx last week caused most stocks to crash 20% by the closing bell on Friday.FedEx was founded in 1971 by billionaire businessman Fred Smith. Friday’s warning has a definite meaning, that is the US economy is currently challenging.However; analysts are split into two groups, the …

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  • 19 September 2022 8:32 pm

    EUR/USD rises back above 1.0000

    The US dollar losses some momentum amid a cautious improvement in risk sentiment. Wall Street benefited from the said improvement and turned green. So, the EUR/USD pair continues to consolidate ahead of the FOMC meeting.The EUR/USD rose after the beginning of the US session and recently climbed to 1.0017, before …

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  • 19 September 2022 7:46 pm

    Bitcoin retreats to lowest level in 3 months

    On Monday, Bitcoin dropped by some 5% to an intraday low of $18,276, reaching its lowest level since June 2019. It was last down 2.9% at $19,091.00. Bitcoin is down 7.2% in the current month and on pace for the second straight negative month after plunging 15% in August.Ether also …

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  • 19 September 2022 7:22 pm

    US equities turn higher ahead of Fed meeting

    After the three major indexes logged their worst week in three months, US stocks rose on Monday. The S&P 500 climbed 0.3% after starting the session in the red territory, while the Dow Jones Industrial Average added 100 points. The tech-heavy Nasdaq advanced 0.2%.In the bond market, the benchmark US …

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  • 19 September 2022 6:12 pm

    Saudi crude oil exports rise in July, surpassing a two-year peak

    The International Energy Forum said on Monday, citing data from the Joint Organizations Data Initiative (JODI), that Saudi crude oil exports rose for the second month in a row to their highest level in more than two years. Saudi exports in July rose 2.5 percent to 7.38 million barrels per …

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  • 19 September 2022 4:47 pm

    Ukraine’s grain exports have fallen 46% since the start of the 2022/23 season

    On Monday, the Ukrainian Ministry of Agriculture said that Ukraine’s grain exports fell 45.6 percent year on year in the 2022/23 season to 6.364 million tons. Ukraine’s grain exports have fallen since the start of the war because its ports on the Black Sea, a major shipping route, have been …

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  • 19 September 2022 2:20 pm

    Oil drops more than 1% amid rising dollar, demand concerns

    Oil prices fell more than 1% on Monday, weighed by expectations of sluggish global demand and a stronger dollar ahead of a possible significant interest rate hike. However, supply worries are limiting the price slide. The world’s central banks will almost certainly raise interest rates this week, and the Federal …

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  • 19 September 2022 1:39 pm

    The dollar is rising ahead of an expected sharp interest rate hike from the US Central

    The dollar climbed to near 20-year highs against other major currencies on Monday, ahead of a slew of central bank meetings, including a meeting of the US Federal Reserve that is likely to approve another big interest rate hike. Exchanges were generally thin, with markets in London and Tokyo closed …

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  • 19 September 2022 12:52 pm

    Gold falls as the dollar rises ahead of the Fed meeting

    Gold fell on Monday under the weight of the dollar’s rally as investors braced for a significant rate hike expected from the US Federal Reserve and other central banks this week to bring down inflation. And gold fell in spot transactions 0.8 percent to $ 1661.65 an ounce at 0724 …

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  • 19 September 2022 12:00 pm

    European stocks open lower as tech stocks fall

    European shares rebounded at the open on Monday and technology shares led the decline amid expectations of a significant interest rate hike by the Federal Reserve (the US central bank) in the coming days. The pan-European STOXX 600 index fell 0.4 percent, hitting its lowest level in two months, while …

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  • 19 September 2022 6:44 am

    Financial Markets’ Weekly Recap, September 12-16

    The dollar rose slightly against the yen on Thursday after data showed a more-than-expected recovery in US retail sales in August, while the Swiss franc reached its highest level against the euro since 2015. Retail Sales in the US stayed increased by 0.3% to $683.3 billion in August, the data …

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