Strong Rally in Palladium Prices Supported by Market Fundamentals and Technical Indicators
Palladium prices continue their upward trend, having reached $1,597 today — the highest level since May 11, 2023 — and are currently trading near the $1,600 mark. The metal has surged by nearly 75% year-to-date, outperforming most other assets such as Bitcoin, global stock indices, and gold, which has gained 60%. However, it lags silver […]
Sharp Decline in NZD/USD to Lowest Level Since April 2025
The Reserve Bank of New Zealand (RBNZ) decided last week to cut interest rates by 50 basis points, contrary to expectations of a 25-basis point cut. This brought the official cash rate down to 2.50%. The NZD/USD pair fell today, reaching 0.5695 — its lowest level since April 10, 2025. This marks a drop of […]
Overview of Last Week’s Key Economic Events
Last week featured a range of important global economic developments. The minutes from the U.S. Federal Reserve meeting revealed that the majority of members expect two additional interest rate cuts this year. Meanwhile, U.S. crude oil inventories rose more than expected, and the University of Michigan Consumer Sentiment Index showed mixed results, with a slight […]
Record High in Gold Prices Reflects Global Uncertainty
Gold prices reached a new record level of $4,059 yesterday. Today, they have retreated to around $4,000 and are currently hovering near $4,040. The yellow metal has risen by about 54% since the beginning of the year until now, marking its best annual performance since 1979, outperforming high-risk assets such as Bitcoin and global stock […]
Political Fears Push Bond Yields Higher and Weaken the French Stock Market
The French CAC40 index declined, despite its strong performance since the beginning of the year. This drop is attributed to the political crisis in France, following the resignation of the French Prime Minister just hours after a new government was announced. This has plunged France into a dark tunnel amid a deep rift between French […]
Nikkei 225 Index Hits Record Highs with Continued Upward Momentum Amid Weakness of the Japanese Yen
The USD/JPY currency pair rose today, reaching 150.68, the highest level since August 1, 2025, and is currently trading above the 150.50 level. The pair has increased by 4% since the low recorded on September 17, 2025, at 145.48, reaching the peak achieved today at 150.68. However, the pair is still down by about 4% […]
Brief Overview of Last Week’s Key Economic Events
Global markets experienced a mix of divergent economic indicators last week. In the United States, there was an increase in existing home sales and the job openings index, while consumer confidence and private sector job changes declined, alongside a rise in oil inventories. Purchasing Managers’ Index (PMI) data showed mixed performance across countries; the US […]
“Uptober” Boosts Bitcoin Gains… Investors Bet on Continued Rally
Bitcoin prices kicked off October with strong performance — a month historically known as “Uptober” due to the positive momentum the cryptocurrency often sees during this period. Yesterday, Bitcoin reached approximately $121,000, marking its highest level since August 14, when it hit a peak around $124,500. The price has risen by about 11% since the […]
AI stocks’ positive momentum pushes Nasdaq 100 to record highs
We are witnessing strong positive momentum in U.S. stock indices, particularly the S&P 500 and Nasdaq 100, both of which continue to reach record highs. For example, the S&P 500 rose approximately 39% from its low of 4,835 points on April 7 to its recent peak of 6,718 points as of yesterday. Similarly, the Nasdaq […]
The Canadian Dollar under Pressure: A Comprehensive Technical & Economic Analysis
On September 17, the Bank of Canada cut its key interest rate by 25 basis points, from 2.75% down to 2.50%, in line with market expectations. Recent Canadian economic data reveal signs of weakness: Employment change plunged by 65,500 jobs, far below expectations (4,900) and the previous reading (40,800). The unemployment rate rose to 7.1%, […]