Tuesday, September 21, 2021
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European stocks climb despite losses in Asia

The liquidity crisis at China's Evergrande Group sent Asian markets lower European stocks opened higher on Thursday even as Asian equities fell for a fourth consecutive day. Furthermore, Hong...

Gold clings to $1,800 as greenback retreats

The metal failed to capitalize on risk aversion in Asia, followed by negative dynamics in Europe Gold prices surged on Tuesday as U.S. inflation was lower than expected. Consumer...

Oil at six-week highs despite strong dollar

The International Energy Agency forecasts a big demand rebound for the rest of the year Oil prices retain a bullish bias on Tuesday to climb above $74 for the...

Dollar bulls remain in control

Special attention will receive the CPI on Tuesday The dollar was mostly higher on Friday to resume the ascent versus major rivals after a short-lived retreat witnessed on Thursday....

Bitcoin steady after a plunge

Earlier in the week, the price surged to the $53,000 figure but failed to preserve gains Bitcoin price has steadied these days following a flash crash witnessed on Tuesday....

Global stocks stay on the defensive as Fed signals tapering this year

The European Central Bank is widely expected to start discussing tapering Global stocks remain on the defensive, staying under pressure since the beginning of the week. The sentiment deteriorated...

Gold clings to modest recovery gains, lacks follow-through

The precious metal slipped below the $1,800 figure and has been struggling to regain this level since then Gold prices switched into recovery mode on Wednesday following two days...

Euro lacks upside momentum as dollar steadies

Investors are now looking ahead to the meeting of the European Central Bank The dollar holds steady today, retaining a modest bullish bias as risk sentiment looks mixed this...

Dollar regains ground after a bearish week

The data fueled expectations the Federal Reserve might postpone the withdrawal of economic stimulus The dollar saw a bearish week to extend losses after the report showed that US...

Bitcoin lacks momentum to regain $50,000

The digital currency has been holding above the 200-DMA for two weeks already  Bitcoin prices surged above the $50,000 psychological level on Thursday before retreating marginally. Earlier today, the...