The EUR/CHF pair has reversed sharply back from earlier session highs in the 1.0460s territory and now trades in the 1.0410s.The pair is expe to move lower as a reaction to the Swiss/Eurozone inflation figures in the wake of ECB and SNB policy announcements.With the bears eyeing an imminent test …
Read More »Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Market Analysis
December, 2021
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16 December 2021 11:52 pm
Pound Surging Higher On Surprise Rate Hike
The British pound has skyrocketed during the trading session on Thursday against most currencies, and of course against the Japanese yen which was not an exception. There has been an overall risk on type of move for the session, and that will help this pair. It is worth noting that …
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16 December 2021 11:29 pm
US Trucking Action Plan Launched Amid Labour Shortage
The White House will unveil its “Trucking Action Plan” on Thursday to address supply chain challenges that have plagued the US economy for several months.The plan is the product of the administration’s Supply Chain Disruptions Task Force, a group chaired by Commerce Secretary Gina Raimondo, Transportation Secretary Pete Buttigieg and …
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16 December 2021 10:30 pm
Fed’s Statement Signals Inflation Threshold Met
At the last meeting in 2021, the Federal Reserve decided to increase the pace of the QE tapering and the projections of the FOMC staff showed a potential of three rate hikes for next year. Analysts at Wells Fargo, point out the bar for rate hikes now rests squarely on …
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16 December 2021 10:05 pm
Wells Fargo: US Industrial Production Not Getting Worse
Though still affected by supply chain bottlenecks and constraints including labour shortages, the US industrial production grew just 0.5% in November, a marked slowdown from the upwardly revised 1.7% pick-up in October, mentioned analysts at Wells Fargo.Analysts have pointred out that slight improvements in supplier deliveries suggest things are at …
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16 December 2021 9:45 pm
Another Rate Hike Coming Early Next Year By Bank of England
After the rate hike announcement on Thursday from the Bank of England, analysts at Rabobank held on to their forecast of a much less aggressive tightening cycle than what is currently priced in front-end rates. They expect another 25 bps hike early next year. The Bank of England MPC confused …
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16 December 2021 9:37 pm
Lagarde Itroduces Changes To QE Programmes
The European Central Bank introduced changes to its QE programs on Thursday. The ECB could have delivered a more hawkish calibration, but retain flexibility and optionality for now. During today’s press conference, Christine Lagarde conveyed that optionality and flexibility were key components of ECB’s calibration. The calibration has both something …
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16 December 2021 9:26 pm
Most Treasury Yields Decline, Investors Digest Fed’s Decisions
Most U.S. Treasury yields fell early Thursday, taking back some of the rise seen in the previous session after the Fed’s move to accelerate thewithdrawal of its asset-purchasing program and penciled in three interest rate increases in 2022.Meanwhile, investors weighed an interest rate hike by the Bank of England and …
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16 December 2021 8:16 pm
US Stocks Jump, Apple Nears New Milestone
US stocks rose for a second session after the Federal Reserve said it will accelerate the withdrawal of its economic stimulus and even as weekly jobless claims moved higher. The Dow Jones Industrial Average rose 146 points or 0.4%, while the S&P 500 and Nasdaq Composite gained 0.45% and 0.39%, …
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16 December 2021 7:47 pm
Evergrande Stuck By Lawsuits, Investors’ Bargaining
Chinese creditors have sued Evergrande for more than USD 13 billion in overdue payments, as domestic companies owed money by the embattled property developer race against offshore bondholders to secure repayment.A Chinese court assigned to handle civil lawsuits against Evergrande has accepted 367 cases with claims amounting to USD 13.2 …
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16 December 2021 6:18 pm
US: Housing Starts Rose by 11.8% in November
Housing Starts in the US rose by 11.8% on a monthly basis in November after falling at a 3.1% rate in October, data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Thursday. That lifted the 12-month rolling number of Housing …
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16 December 2021 6:11 pm
US: Weekly Initial Jobless Claims Rises to 206K
There were 206,000 initial claims for unemployment benefits in the US during the week ending December 11, data published by the US Department of Labor (DoL) revealed on Thursday. This reading followed last week’s print of 188K (revised up from 184K), which was the lowest reading since 1969, and came …
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16 December 2021 5:17 pm
ECB Leaves Rates Unchanged, Confirms March End to PEPP,
The European Central Bank announced on Thursday that its Deposit Facility Rate would be left unchanged at -0.50%, as unanimously expected by analysts and market participants. The bank said that progress on the economic recovery and towards its medium-term inflation target permits a step-by-step reduction in the pace of its …
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