Oil prices edged up on Thursday, partially recovering from the previous day’s drop, after Saudi Arabia’s state-owned oil company raised its March crude prices sharply. However, the gains barely made a dent in the significant decline of Brent crude the day before. Oil Price Movements Brent Crude Futures: $74.89 (+0.4%) …
Read More »U.S. Nonfarm Payrolls Report: June Data Shows Better-than-Expected Job Growth
The U.S. job market showed stronger-than-expected growth in June, according to the latest data from …
U.S. Stock Futures Edge Up as Trade Deal with Vietnam and Jobs Report Awaited
U.S. stock futures saw modest gains on Thursday as investors weighed the implications of a trade agr…
Bitcoin and Cryptocurrencies Surge Amid Trade Optimism and Economic Data Anticipation
Bitcoin extended its gains on Thursday, building on the momentum from the prior session as improved …
UK Services Sector Sees Strong Growth in June, Exceeding Expectations
The UK services sector saw its fastest expansion in nearly a year in June, according to the latest d…
European Stocks Rise Amid Trade Optimism and Caution Ahead of U.S. Jobs Report
European stocks gained on Thursday, continuing the positive momentum from Wall Street, though cautio…
Oil Prices Slip Amid Trade Concerns, U.S. Tariff Uncertainty, and Potential Output Hikes
Oil prices experienced a slight dip on Thursday, following a 3% gain in the previous session, as mar…
Gold Prices Hold Steady Amid Fiscal Concerns and Trade Uncertainty Ahead of Key U.S. Jobs Data
Gold prices held steady in Asian trading on Thursday, following three consecutive days of gains. Inv…
Market Movers- US Session: NFP and Key Data to Steer Markets and Assets on July 3
On Thursday, July 3, 2025, investors and traders will zero in on a critical lineup of US economic re…
AI Stocks Surge: Can Canadian Innovators Ride the Wave to Massive Gains?
The artificial intelligence (AI) sector is sparking a frenzy in global markets, with chipmakers like…
US Bond Yields Climb Amid Trade Talks and NFP Data Anticipation
US bond yields have been rising since the start of trading on Wall Street, driven by anticipation of…
Market Analysis
February, 2025
-
6 February 2025 1:54 pm
Gold Prices Hold Steady Amid U.S.-China Trade Tensions
Gold prices maintained a steady upward trajectory in Asian trade on Thursday, staying close to their record highs as fears surrounding the U.S.-China trade war continue to fuel demand for safe-haven assets. Gold Market Update Spot Gold: $2,869.17 (+0.1%) Gold Futures (April): $2,887.90 (-0.2%) Record High: $2,882.53 (hit on Wednesday) …
Read More » -
6 February 2025 12:27 pm
Bitcoin Holds Steady as U.S.-China Trade Tensions Weigh on Market
Bitcoin remained largely stable on Friday, reflecting muted risk appetite amid escalating trade tensions between the U.S. and China. Meanwhile, MicroStrategy (NASDAQ:MSTR) reported its fourth consecutive quarterly loss, though it continued expanding its Bitcoin holdings. Bitcoin Market Update Bitcoin (BTC/USD): $97,742.7 (-0.3%) as of 00:35 ET (05:35 GMT) Market Sentiment: …
Read More » -
6 February 2025 2:48 am
Gold Prices Peak, Face Fresh Challenges
Gold’s relentless climb has propelled it to unprecedented heights, reaching a record peak. However, this impressive rally has also triggered overbought conditions, raising the specter of a potential pullback. While the long-term bullish trend remains intact, traders are now closely monitoring key support levels for signs of a potential correction. …
Read More » -
6 February 2025 1:31 am
USD/JPY Freefall: 1.13% Drop Signals Deeper Downtrend
The USD/JPY currency pair experienced a significant drop, falling 1.13% to 152.59. This sharp decline occurred as the pair decisively broke through both the 200-day Simple Moving Average (SMA) and the Ichimoku Cloud (Kumo), signaling a strengthening downtrend and potential appreciation of the Japanese Yen.The 175-pip drop on Wednesday confirms …
Read More » -
6 February 2025 12:33 am
Fed’s Goolsbee Highlights Supply Chain Threats, Including Tariffs, as Inflation Risk
Chicago Federal Reserve President Austan Goolsbee warned Wednesday that threats to supply chains, such as tariffs, pose a challenge to the Federal Reserve’s efforts to curb inflation. He emphasized the difficulty in predicting the impact of such disruptions and how they could complicate the Fed’s goal of achieving a 2% …
Read More » -
5 February 2025 11:18 pm
Dow Soars 200 Points on Jobs Data and Market Optimism
A surge of positive momentum swept across Wall Street on Wednesday, sending the Dow Jones Industrial Average soaring 200 points higher. This impressive rally was fueled by a potent cocktail of encouraging economic data and a resurgence of market optimism. Leading the charge was a surprisingly robust ADP National Employment …
Read More » -
5 February 2025 9:58 pm
UK Economic Maze: The Bank of England Faces Interest Rate Dilemma
BoE will likely decide to cut interest rates for the third time since the pandemic, with a 0.25 percentage point (25 basis point) reduction expected at its February meeting. This would lower the base rate from 4.75%. Easing inflation, slow economic growth, and a softening labor market support this move.The …
Read More » -
5 February 2025 9:46 pm
US Stocks Rally, Led by Nvidia, Despite Alphabet’s Earnings and AMD Stumbles
US stocks recovered from losses on Wednesday to close higher, fueled by a surge in Nvidia shares, even as Alphabet and AMD faced headwinds. The tech-heavy Nasdaq Composite rose 0.2%, while the benchmark S&P 500 added 0.4%. The Dow Jones Industrial Average led the gains, rising 0.7%, or more …
Read More » -
5 February 2025 8:29 pm
Dollar Continues to Decline After Barkin’s Statements
The US dollar continues its decline since the start of Wednesday’s daily trading, affected by a drop in US Treasury yields, which continue to fall for the second day in a row. This comes due to statements from the Federal Reserve that favored the continuation of current interest rates for …
Read More » -
5 February 2025 7:04 pm
ECB’s Centeno Signals Potential for Sub-Neutral Interest Rates to Combat Deflation Risk
The European Central Bank (ECB) Governing Council member Mario Centeno has raised concerns about the growing risk of deflationary pressures within the Eurozone. He suggested that the ECB may need to lower interest rates below the neutral level to ensure inflation reaches and remains at the 2% target. Centeno stressed …
Read More » -
5 February 2025 5:16 pm
Uber Shares Drop 6% as Q4 Profit Misses Estimates and Q1 Forecast Disappoints
Uber Technologies (NYSE:UBER) shares fell 6% premarket on Wednesday after reporting a lower-than-expected Q4 profit, with rising costs and a weaker Q1 bookings forecast overshadowing its revenue beat. Q4 Earnings Highlights Revenue: $11.96 billion (beat expectations of $11.77 billion) Adjusted EPS: $0.23 (missed estimates of $0.50) Gross Bookings: $44.2 billion …
Read More » -
5 February 2025 3:54 pm
US Stock Futures Fall as Alphabet Earnings Disappoint and Trade Tensions Rise
US stock index futures declined on Wednesday, dragged down by weak earnings from Alphabet and renewed US-China trade tensions. Stock Futures Performance (06:00 ET / 11:00 GMT) Dow Jones Futures: ↓ 80 points (-0.2%) S&P 500 Futures: ↓ 30 points (-0.5%) Nasdaq 100 Futures: ↓ 195 points (-0.9%) On Tuesday, …
Read More »