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The Gold Index (XAU/USD) has slid during the New York session, down almost 1%, trading at $1,782. Earlier in the session, gold reached a fresh weekly low at $1,771 but bounced off the lows to stabilize at current levels.Risk-off market sentiment ignited a flight towards safe-haven assets, but it failed …
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14 February, 2025 12:18 am
Could BTC test all-time-highs?
Bitcoin, currently trading around $96,017, is consolidating below $100,000, yet several factors hint…
13 February, 2025 11:46 pm
Dollar Retreats Despite Price Pressures and Labour Market Conditions
The US dollar’s recent performance presents a puzzle. Despite robust Producer Price Index (PPI…
13 February, 2025 10:53 pm
Oil Continues to Benefit from OPEC’s Report on Global Demand
Oil prices remain on an upward trend since the start of Thursday’s trading session, driven by …
13 February, 2025 10:07 pm
Market Drivers; US Session: Sticky Inflation and Trade War Concerns In Focus
The signing of a reciprocal tariff order has injected further uncertainty into global trade. The pot…
13 February, 2025 9:00 pm
Economic Data Matters: Fed’s Hawkish Stance Poised To Remain In Place Till September 2025
Federal Reserve Chair Jerome Powell stated that President Trump’s calls for lower interest rat…
13 February, 2025 8:04 pm
Tesla Is Out: Gears Shifted on Armoured Vehicle Contract Amid US Scrutiny
The State Department’s planned $400 million purchase of “Armoured Teslas” has hit …
13 February, 2025 7:17 pm
Meta’s Thriving While Big Tech Companies Struggle
Big Tech’s 2025 is a story of headwinds. Giants like Amazon, Google, Microsoft, and Apple grap…
13 February, 2025 5:46 pm
U.S. Producer Prices Surge in January, Strengthening Fed’s Higher-for-Longer Stance
U.S. producer prices increased more than expected in January, reinforcing concerns that inflation is…
13 February, 2025 4:08 pm
U.S. Stock Futures Trade Flat Amid Ukraine Peace Talks, Inflation Data in Focus
U.S. stock index futures remained largely unchanged on Thursday as investors assessed potential peac…
13 February, 2025 2:49 pm
U.S. Dollar Retreats as Euro Rallies on Ukraine Peace Hopes
The U.S. dollar weakened on Thursday, while the euro gained, as optimism grew over a potential resol…
Market Analysis
October, 2021
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29 October 2021 10:30 pm
USD/JPY surpasses 114.00 by Treasury yields
The U. S. dollar regained bullish traction on Friday and is rallying nearly 0.5%, erasing the previous two days’ losses. The USD/JPY is testing levels above 114.00 at the time of writing, after having bounced up from two-week lows at 113.25 on Thursday. Higher inflation expectations and stronger yields are …
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29 October 2021 10:02 pm
German economy unable to keep up with France
It is Eurozone GDP day again and the just released German GDP data shows that private consumption alone is not sufficient for the economy to keep up with fast growing economies like France.Supply chain disruptions will delay the moment for the German economy to return to pre-pandemic levels as it …
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29 October 2021 9:25 pm
Polish and Czech central banks in focus
Next week, central bank meetings in Poland and Czechia will be the main focus. After a higher than expected flash estimate for October inflation in Poland (6.8% vs. 6.4%), Poland’s MPC should not go for a 50bp interest rate hike because of inflation.Inflation is expected to exceed 7% in the …
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29 October 2021 8:12 pm
GBP/USD over stronger U. S. dollar ahead Fed and BoE meetings
The GBP/USD slides for the third time in the week, looking forward to ending the week in the red, down 0.67%, trading at 1.3696 during the New York session.Worse than expected, heavy-tech US Q3 corporate earnings on Thursday and concerns about inflation and tight monetary policy dampened market sentiment, weakening …
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29 October 2021 7:35 pm
UoM Consumer Sentiment Index edges lower to 71.7
Consumer confidence in the US weakened modestly in October with the University of Michigan’s Consumer Sentiment Index declining to 71.7 in October’s final reading from 72.8 in September. This print came in slightly better than the flash estimate and the market expectation of 71.4.Other details have indicated that the Current …
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29 October 2021 6:17 pm
Market Drivers – European Session 29-10-2021
The European session was packed with data from Europe and the US, here’s a summary of today’s drivers The US dollar index, which measures its performance against a basket of six major currencies, rose 0.25% to 93.58 points, moving away from its lowest level recorded yesterday at 93.277 points, the …
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29 October 2021 6:12 pm
The Dollar is Rising But Remains at Low Levels
The US dollar index, which measures its performance against a basket of six major currencies, rose 0.25% to 93.58 points, moving away from its lowest level recorded yesterday at 93.277 points, the lowest level in nearly a month, and the dollar traded during the day at levels between 93.32 and …
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29 October 2021 4:49 pm
The U.S. Annual Core PCE Inflation Stays Unchanged at in September
Inflation in the US, measured by the Personal Consumption Expenditures (PCE) Price Index, stayed unchanged at 0.3% on a monthly basis in September, the US Bureau of Economic Analysis reported on Friday. Annually, the PCE Price Index edged higher to 4.4% from 4.2% but came in lower than the market …
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29 October 2021 4:30 pm
Reuters: OPEC+ Cuts Its Forecast For Oil Demand Growth in 2021
Reuters quoted two sources as saying that the OPEC+ Joint Technical Committee reduced its estimates for the growth of global oil demand this year to 5.7 million barrels per day from 5.8 million, amid the continued strong recovery of consumption since its collapse in 2020. One of the sources said …
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29 October 2021 3:38 pm
Gold Under pressure, Eyes on Fed
Gold prices fell, with the rise of the dollar, while investors are looking for more clues from an upcoming meeting of the Federal Reserve’s monetary policy committee (the US Central Bank) to reduce economic stimulus as inflation expectations rise. Spot gold fell 0.4% to 1791.81 per ounce. US gold futures …
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29 October 2021 2:52 pm
European Shares Fall Under Pressure From The Technology Sector
Technology stocks weighed on European shares at the open, as shares of Apple suppliers fell on downbeat expectations for the holiday period from the iPhone maker, while investors remained concerned about the prospects for monetary policy. Shares of semiconductor companies S.T.Micron Electronics, Infineon Technologies, and ASML fell between 0.3% and …
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29 October 2021 2:10 pm
Eurozone Preliminary CPI Accelerates October
The annualized Eurozone Consumer Price Index (CPI) rose by 4.1% in October, exceeding expectations of 3.7% while sharply higher from the previous reading of 3.4%, data published by Eurostat showed on Friday. The core figures arrived at 2.1% YoY in October when compared to 1.9% expectations and 1.9% booked last.
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