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Tag Archives: Daily Market Analysis

of Market Insights

Pound Sterling Hammers by Softer Inflation Data

Last night, the dollar index surpassed $100 following the release of CPI data for both the UK and Eurozone; as the Sterling experienced a sharp drop of nearly 1%, while the euro also showed a slight decline. The CPI figures indicated that inflation in these regions is showing signs of moderating. Meanwhile, the U.S. dollarContinue Reading

Strong Earnings Boost Equities, Gold Surges on Downbeat Data

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

Market Calm Before U.S. Retail Sales Releases

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

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