Oil prices rose in early Asian trade on Friday, continuing their upward trajectory for a third consecutive week. Harsh winter conditions in parts of the United States and Europe have intensified demand for heating fuels, adding to supply concerns amid tightening sanctions and global economic shifts. Brent crude futures increased …
Read More »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…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the…
Oil Prices Decline Amid Weak China Data, But Trade Talks Fuel Optimism for Future Demand
Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. However, …
Weekly Recap: Dollar Roars Back on Jobs Data Testing Euro’s Rally and Gold’s Resilience
Labour Market Powers Dollar Surge Robust U.S. jobs data for May 2025, with 139,000 jobs added, under…
USD Faces Downside Risks as NFP Data Looms
The US dollar teeters near multi-month lows, trading around 98.5, as markets await the Nonfarm Payro…
EUR/USD Retreats as ECB Signals Policy Pause
The EUR/USD pair recently pulled back from a multi-week high near 1.1500, trading at 1.143 with a mo…
Oil Prices Slip as U.S. Fuel Stockpiles Rise, Saudi Price Cuts Add Pressure
Oil prices fell in Asian trade on Thursday, extending losses from the previous session as rising U.S…
The Euro’s Moment? Weak US Data and ECB Action Set the Stage
The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This shift c…
Market Analysis
January, 2025
-
10 January 2025 10:42 am
Gold Prices Inch Higher Amid Rate and Trade Jitters, Copper Boosted by China Stimulus Hopes
Gold Market Highlights Gold Extends Weekly Gains Amid Uncertainty Spot gold rose 0.1% to $2,672.12 per ounce, while gold futures for February delivery gained 0.2% to $2,695.74 per ounce during early Asian trading. For the week, spot gold is up approximately 1.5%, as concerns over U.S. interest rates and trade …
Read More » -
10 January 2025 3:20 am
What Can Markets Expect from December’s US Employment Data?
US employment data significantly influences market price movements. By examining preliminary employment indicators, we can anticipate the likely outcomes of the official data release, typically on the first Friday of each month.This Friday, the highly anticipated US employment data is scheduled for release. Market expectations point towards a substantial increase …
Read More » -
9 January 2025 11:37 pm
US Market Activity Stalls Ahead of NFP ReleaseTrading volumes in the US market were subdued on Thursday, as market participants braced for the upcoming Nonfarm Payrolls (NFP) report scheduled for release on Friday, January 10th.The US Dollar Index (DXY) displayed modest gains amidst a generally tepid market environment. The observance …
Read More » -
9 January 2025 9:59 pm
Loonie Declines Despite US Market Pause
The Canadian Dollar continued its downward spiral on Thursday, losing another 0.1% against the US Dollar. This decline occurred despite the US market being closed for a national day of mourning, a stark reminder of the Loonie’s ongoing struggle against the Greenback. With limited trading activity due to the holiday, …
Read More » -
9 January 2025 8:45 pm
BoE’s Breeden: Some evidence of activity weakening, but we expect it to pick up again
Bank of England (BoE) Monetary Policy Committee (MPC) member and Deputy Governor for Financial Stability Sarah Breeden noted that it might finally be time for the BoE to start loosening policy rates now that UK economic data has effectively begun to crumble.Key HighlightsThere is some tentative evidence that activity is …
Read More » -
9 January 2025 7:50 pm
Fed’s Harker Signals Continued Rate Cuts, But Urges Caution
Philadelphia Federal Reserve President Patrick Harker reiterated his belief that the U.S. central bank will eventually lower interest rates, but emphasized the need for a cautious approach given current economic uncertainty.In a speech to the National Association of Corporate Directors New Jersey Chapter, Harker stated that while he anticipates a …
Read More » -
9 January 2025 7:20 pm
Gold Prices Extend Rally Amid Rising Inflation Concerns
Gold prices extended their rally for a third consecutive day, surpassing $2,675, as investor concerns about rising inflation intensified. This surge in gold prices coincides with a spike in global yields, driven by anxieties that recent stimulus packages and potential tariff increases could reignite inflationary pressures. Traders are increasingly viewing …
Read More » -
9 January 2025 5:21 pm
Oil Prices Edge Higher Amid Firm Winter Demand Expectations and Supply Concerns
Oil prices rose slightly on Thursday, with Brent crude and West Texas Intermediate (WTI) gaining 0.5% and 0.4%, respectively, as traders balanced strong winter demand expectations against rising U.S. fuel inventories and macroeconomic uncertainties. Key Market Drivers Demand Expectations and Supply Concerns Brent crude futures increased by 35 cents to …
Read More » -
9 January 2025 3:42 pm
UK Retailers Face Sector-wide Selloff Amid Consumer Confidence Worries
Shares in leading UK retailers fell sharply on Thursday, erasing £2 billion ($2.45 billion) in market value, as concerns about weakening consumer confidence and mounting economic pressures overshadowed strong Christmas trading results. Key Highlights Pressure on Consumer Sentiment Retailers are bracing for higher employer taxes and minimum wage increases starting …
Read More » -
9 January 2025 2:23 pm
Global Forex Update: Dollar Steadies Amid Fed Optimism, Euro and Yuan Under Pressure
The U.S. dollar held firm on Thursday, bolstered by hawkish Federal Reserve minutes and strong economic data that fueled expectations of a slower pace of rate cuts in 2025. Global currencies, however, faced mixed fortunes due to varying economic and policy dynamics. Key Highlights Dollar Holds Ground Amid Strong Yields …
Read More » -
9 January 2025 1:33 pm
Germany’s Exports and Industrial Production Beat Expectations, but Economic Challenges Persist
Germany, the eurozone’s largest economy, delivered better-than-expected export and industrial production data for November. However, underlying indicators suggest that the outlook remains subdued. Key Data Highlights Exports: German exports rose by 2.1% in November, slightly exceeding the forecasted 2.0% increase. Trade with non-EU countries was the primary driver, with exports …
Read More » -
9 January 2025 12:40 pm
European Stocks Edge Lower Amid Mixed Economic Data and Retail Earnings
European stock markets traded slightly lower on Thursday, as investors evaluated economic data and retail sector earnings. At 03:05 ET (08:05 GMT), Germany’s DAX slipped 0.2%, France’s CAC 40 fell 0.2%, and the UK’s FTSE 100 remained flat. Trading volumes are expected to be muted, with U.S. markets closed to …
Read More »