Category Archives: Market Insights

After the announcement, gold and oil prices climbed as the U.S. dollar weakened, making them more attractive. The Federal Reserve delivered as anticipated, implementing a 25 bps rate hike that propelled the interest rate to its highest level in 22 years. With the benchmark rate now residing within the range of 5.25% to 5.5%, theContinue Reading

Investors await the Fed’s interest rate decision, to be released today at 21:00 (GMT+3). If the rate is raised from 5.25% to 5.5%, it will mark the highest level in 22 years. Investors’ unwavering attention is fixed on the Fed’s interest rate decision, eagerly awaiting its release later today. With market speculations rife, the consensusContinue Reading

The Hang Seng Index and regional stock markets start the day with a solid 3% gap up on account of Chinese government’s economic bolstering optimism. The Hang Seng Index and regional stock markets start the day with a solid 3% gap up, driven by a prevailing optimism over anticipated economic bolstering by the Chinese government.Continue Reading

Japanese yen weakens as officials state no immediate plan to modify ultra-loose monetary policy. This week, major central bank decisions will be in focus, including the Fed’s rate announcement on Wednesday and the ECB’s on the following day. Investors will closely watch the CB Consumer Confidence released on Tuesday for insights into the Fed’s monetaryContinue Reading

U.S. dollar surged more than 0.5% triggered by optimistic job data in the U.S. Asian equity markets faced declines, influenced by the U.S. equity market’s disappointing earnings results. Last night, Nasdaq experienced a substantial drop of over 2%, marking its most significant single-day decline since March. Conversely, the U.S. dollar displayed strength, surging more thanContinue Reading

The Week Ahead: Week of 24 July (GMT+3) Tuesday, 25 July, 17:00 US CB Consumer Confidence (Jul) Despite the Federal Reserve’s efforts to curb inflation through interest rate hikes, the U.S. economy maintains positive performance. Consumer confidence reached its highest level in June, rising from 102.5 to 109.7. However, Dana Peterson, Chief Economist at TheContinue Reading

Strong quarter results from US banks spark optimism in US equity market. Strong quarterly results from Wall Street banks, Microsoft, and other major corporations fueled the US equity market’s upward momentum, while lacklustre economic data led to a dip in US treasury yields, signalling expectations of a more cautious stance by the Federal Reserve. TheContinue Reading

The financial market was relatively calm last night ahead of the release of U.S. retail sales data scheduled for later at 15:30 (GMT+3). The financial market experienced a relatively calm session last night as investors awaited the release of U.S. retail sales data scheduled for later today (18th July). Major currency pairs remained stable, whileContinue Reading

The latest release of China’s second-quarter GDP has fallen short of market expectations which has exerted upward pressure on oil prices. Investors are wagering that the upcoming rate hike in July will mark the end of the tightening cycle, yet Federal Reserve officials are keeping their options open for a potential increase later in theContinue Reading

The U.S. dollar continues to decline, breaking below the key psychological support level of $100. The release of lower-than-expected CPI data on Wednesday has significantly impacted the financial market. The equity market has extended its gains, while gold prices have risen by over 1.5% following the data release. Conversely, the U.S. dollar continues to decline,Continue Reading