Market Sentiments
January 22, 2025
Gold price and the strength of the US dollar are inversely correlated. This means that when the US dollar strengthens, gold price declines, and vice versa. […]
January 20, 2025
The World Bank has a bearish outlook for commodities in general for 2025, expecting global commodity prices to fall to a five-year low amid “an oil […]
January 17, 2025
The Australian Dollar (AUD) and the Canadian Dollar (CAD) have not had a good run in 2024. The AUD/USD was down 7.25% YTD by December 18, […]
January 13, 2025
OPEC has made the final and deepest cut to its demand growth forecasts for 2024. It now expects global demand to rise by 1.61 million barrels […]
January 10, 2025
The Hong Kong stock market saw a major turnaround through 2024. This is because the Hong Kong indices broke a four-year losing streak. Rising trading volumes […]
December 18, 2024
It has been a mixed year for the markets in 2024. The global economy recovered through the first half of the year while inflation gradually cooled, […]
December 9, 2024
The Bank of England (BoE) cut interest rates for the second time in 2024 on November 7. The rate was reduced by 25 basis points to […]
December 6, 2024
The Japanese yen dropped to a multi-month low in the second week of November 2024, after outperforming all other currencies in July. The currency has had […]
November 12, 2024
Precious metals have historically exhibited a direct linear relationship with inflation data. The surprise that came in October was the easing of US Inflation still saw […]
November 11, 2024
Wall Street indices hit record highs while the US dollar saw its largest gain in 8 years when Donald Trump was re-elected as the President of […]
November 7, 2024
Gold price has been on a bull run this year, rising around 34% from January through October. According to Goldman Sachs Research, the yellow metal is […]
November 6, 2024
China’s GDP growth rate has been on a downtrend since 2010, with the only exception being in 2021 when it accelerated. After 5 failed packages since […]
November 4, 2024
Just when the Hamas attack on Israel was close to completing a year, the Middle East conflict took the shape of a global threat. The disruption […]
October 7, 2024
The January 30, 2024, news of Biden’s plans to retaliate against the drone attack in Jordan lifted the WTI by $1.04 and Brent crude by $0.47. […]
October 4, 2024
The EUR/USD is the most traded forex pair. In 2022, it accounted for 23% of the daily forex trading turnover worldwide. The pair involves two of […]
September 11, 2024
Biden bowed out of the US presidential elections on July 21, 2024, following which Kamala Harris secured the Democratic Party’s nomination. The entry of a younger […]
August 29, 2024
After soaring more than 8% in 2021, the yuan has been on a downtrend. The Chinese currency ended in the red in each of the months in […]
August 28, 2024
The US dollar has dominated global trade and central bank reserves since World War II. But the share of the USD has declined from global reserves […]
August 19, 2024
Gold has been one of the best-performing assets worldwide in 2024. Much of this performance has been driven by central banks increasing their reserves of the […]
July 19, 2024
Following on the heels of the UK’s snap general election announcement, French President Emmanuel Macron called for a snap legislative election on June 9. The results, […]