The US dollar’s rebound from 1.2690 extends to levels near 1.2800 while the Canadian dollar loses ground as oil prices drop. Longer-term, the USD/CAD is expected to remain neutral to negative.The US dollar has bounced up against its Canadian counterpart on Monday to pare losses after the 1.3% reversal seen …
Read More »Oil Prices Climb on Trade Optimism and Supply Concerns
Oil prices advanced for a second consecutive session on Wednesday, supported by optimism surrounding…
Pound Slides as U.K. Inflation Holds Steady, Boosting BoE Rate Cut Bets
The British pound weakened on Wednesday, falling against both the U.S. dollar and the euro, after of…
U.S. Futures Steady as Earnings Season Rolls On; Netflix Misses Margin Target, Tesla in Focus
U.S. stock index futures were largely unchanged early Wednesday, as investors digested a fresh wave …
Gold Prices Stabilize After Sharp Sell-Off as Trade Optimism Tempers Haven Demand
Gold prices steadied in Asian trading on Wednesday, recovering slightly from steep overnight losses …
European Stocks Dip as Ukraine Peace Prospects Fade; U.K. Market Supported by Inflation Data
European equities traded mostly lower on Wednesday, weighed down by fading hopes for a Ukraine peace…
U.K. Inflation Holds Steady in September, Offering Temporary Relief to BoE Policymakers
U.K. inflation remained unchanged in September, easing pressure on the Bank of England (BoE) ahead o…
US Session Recap: Commodities Take A Significant Hit
Global financial markets saw a significant shift as the US Dollar (USD) staged a solid comeback, enj…
Q3 Earnings: Netflix’s Revenue Climbs 17% Amid Earnings Shortfall from Brazilian Tax Issue
Netflix unveiled its third-quarter 2025 financial results on October 21, emphasizing revenue growth …
Traders Bet on Further US Treasury Rally as Yields Slide and Shutdown Fuels Flight to Safety
Bond traders are increasingly positioning for a deeper decline in U.S. Treasury yields, even after t…
Dow Jones Breaks Records as Strong Earnings Spark Wall Street Rally
The Dow Jones Industrial Average soared to a new all-time high on Tuesday, surpassing the 47,000 mar…
Market Analysis
March, 2022
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14 March 2022 10:10 pm
Washington: China Open To Provide Russians With Military Support
Russia made a request to China for military assistance at some point after the start of the now three-week invasion of Ukraine.The US has told allies that China signaled its willingness to provide military assistance to Russia, according to officials familiar with American diplomatic cables on the exchange.The cables, which …
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14 March 2022 9:10 pm
Green Energy Wins Amid Russian Fuel Ban
Investors added over $886 million to some of the biggest exchange-traded funds that invest in clean energy last week as the U.S. and Europe took steps to cut dependence on Russian fossil fuels.Shifting to green energy is fundamental to the European Union’s climate plans, and Russia’s invasion of Ukraine compelled …
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14 March 2022 8:29 pm
EUR/USD Rebounds, Approaches 1.1000
The EUR/USD pair has found support above 1.0930 and climbed back toward the daily high it hit on European hours at 1.0989, boosted by a stronger euro and a mixed US dollar.The key driver of price action continues to be the war in Ukraine. Volatility remains higher, even among currencies. …
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14 March 2022 8:10 pm
Gold Consolidating Losses Around USD 1,950
Market players are focused on the latest on the Russia-Ukraine crisis. The US Federal Reserve is set to raise rates next Wednesday, but for how much.The Gold Index XAU/USD is trading at the lower end of its latest range and is poised to extend its slump. US traders hold on …
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14 March 2022 7:48 pm
S&P 500 Advances 0.9% On Early Trading Amid Milder Risk-on
Wall Street advances on Monday amid an improved market sentiment. Hopes of progress in the Ukraine-Russia talks have lifted appetite for risk. Banks are leading gains as major central banks hint to higher rates.US markets have opened the week on a moderately positive tone, following the trend observed in Europe. …
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14 March 2022 6:37 pm
Market Drivers – European Session 14-3-2022
Ukrainian President Volodymyr Zelenskyy will address the US Congress at 1300 GMT on Wednesday, March 16, US Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi announced in a joint statement on Monday. A Ukrainian negotiator said on Monday that official talks with Russia had been paused until Tuesday, as …
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14 March 2022 5:23 pm
Palladium Falls More Than 10% as Fears of Shortage of Supplies Ease, And Gold Falls 1%
Palladium fell more than ten percent on Monday, snapping most of the gains that had led to record levels during the Ukraine crisis, as supply concerns eased. Gold also fell more than one percent on cautious hopes for progress in peace talks. And palladium, of which Russia is the largest …
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14 March 2022 4:32 pm
Analysts: Russia is gradually resuming wheat exports from its ports on the Black Sea
Analysts said on Monday that Russia has gradually begun to resume wheat exports from its Black Sea ports, although shipping traffic in the Sea of Azov is still restricted. Russia began invading Ukraine on February 24 in what it describes as a “special military operation”. The price of Russian wheat …
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14 March 2022 3:14 pm
Deutsche Bank Changes Its Decision And Ends Its Business in Russia
Deutsche Bank said on Friday it was winding down its operations in Russia, a day after its chief financial officer said it was not “practical” to close the unit. The move by Deutsche Bank, Germany’s largest bank by assets, followed the announcements on Thursday that rival investment banks Goldman Sachs …
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14 March 2022 2:20 pm
European Stocks Continue Their Gains
European shares rose on Monday after investors pinned their hopes on Ukrainian-Russian diplomatic efforts to end the weeks-long war, while Volkswagen rose after its operating profit doubled. The pan-European STOXX 600 index rose 1 percent, extending gains made on Friday after Russian President Vladimir Putin signaled a positive turn in …
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14 March 2022 1:38 pm
Oil falls with talks to end the war in Ukraine and before the Fed meeting
Oil prices fell by as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war in Ukraine intensified and markets prepared for a US interest rate hike. Oil prices fell more than 5% on Monday to their lowest levels in nearly two …
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14 March 2022 12:58 pm
Zelensky: Ukraine will insist in talks with Russia
Ukrainian President Volodymyr Zelensky said late Sunday, March 13 that Ukrainian officials negotiating with their Russian counterparts will insist on direct talks between the two countries leaders that would lead to peace. The next round of talks on the war in Ukraine between the two neighbors is scheduled to be …
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