New rate: dollar stable, Asian markets cautiously optimistic The dollar continued to show resilience on Monday, while Asian stock markets expressed cautious optimism. Investors were tensely awaiting Donald Trump’s first steps in his second term, and speculated that Japan could revise its key rate this week. Trump’s inauguration and statements Donald Trump will be sworn…
China’s GDP grew by 5.4% in the fourth quarter of 2024, exceeding the projected 5% and figures from previous quarters (5.3%, 4.7% and 4.6%). This made it possible to achieve annual economic growth of 5%, which corresponds to the official target. Increased economic activity was due to a policy change in September last year, but…
The price of gold reached its highest level in the last month during trading in Asia on Thursday. This was due to the weakening of the dollar and lower yields on Treasury bonds, which resulted from the publication of less alarming data on consumer inflation. Such indicators have strengthened the expectations of market participants regarding…
The cost of oil transportation is showing a noticeable increase, which is associated with forecasts of a decrease in the availability of tankers on the global market. The reason for this is the expansion of US sanctions measures against the Russian navy. The introduction of these restrictions affected freight rates, which increased between 15-35%, depending…
A campaign to impose new sanctions against Russian gas and LNG is gaining momentum in Europe. Ten countries, including Sweden, Ireland, Poland and the three Baltic states, are calling for drastic measures that, in their opinion, should sever the last energy ties between Russia and the European Union. Although Russia’s oil and pipeline gas exports…
On Monday, the US dollar strengthened, forcing other currencies to reach multi-year lows. Its growth was supported by strong employment data, confirming the resilience of the US economy and complicating the prospects for a Fed rate cut. The dollar index, reflecting its exchange rate against a basket of currencies, reached 110.17, the highest in more…
57.3% of Greenlanders support joining the United States, 37.4% are against, according to a survey by NPO Patriot Polling. The survey was conducted during Donald Trump Jr.’s visit to Greenland, but the sample was small – only 416 participants, which casts doubt on the representativeness of the data. New US sanctions have affected 15% of…
Investors Await U.S. Employment Report World stock markets continued to show weakness on Friday as investors waited with bated breath for U.S. employment data, which could either deepen the bond market sell-off or ease the tension a bit. Meanwhile, the dollar is holding steady near a two-year high. U.S. Exchanges in the Red Nasdaq and…
The markets extended their decline over the past five sessions and ended the week on a negative note. While the week started on a bearish note, the Nifty violated a few key levels on higher and lower time frame charts. Along with the weak undercurrent, the trading range widened again as the Nifty moved in…
A long negative candle was formed on Nifty’s daily chart on Thursday after the formation of a hammer-type candle pattern on Wednesday. The positive sentiment of Hammer is now on the verge of negation. This is not a good sign and one may expect more weakness in the coming sessions. Nifty is currently placed at…