Markets Await Bank of England Decision Today Amid Rising Economic Pressures
After the British pound reached 1.3456 against the US dollar on Tuesday, December 16—its highest level since October 17, 2025—the pair retreated to 1.3312 yesterday. Despite this pullback, GBP/USD remains up around 7% year to date and is currently trading near the 1.3350 level. Recent UK economic data have been weak. The unemployment rate rose […]
Oil Prices Under Strong Pressure Amid Supply Glut and Global Demand Concerns, Breaking the $60 Psychological Level
Crude oil prices are facing strong selling pressure, having broken below the psychological $60 level yesterday to record $58.72, the lowest level since April 9, 2025. Prices are currently hovering around $60. Oil prices have declined by around 12% from the peak of $66.78 recorded on October 24 to yesterday’s low of $58.72 and are […]
Brief Overview of Last Week’s Key Economic Events
Last week saw a series of important global economic data releases and policy decisions. In the United States, the Federal Reserve cut interest rates by 25 basis points to a range of 3.50%–3.75%, while the dot plot signaled only one additional rate cut next year. The decision revealed a divided vote and was accompanied by […]
The USD/CAD Pair Records Its Lowest Level Since September 2025
The Bank of Canada decided on Wednesday to keep interest rates unchanged, as expected, at 2.25%. The USD/CAD pair declined to 1.3757 yesterday, marking its lowest level since September 17, 2025, and is currently trading near 1.3800. The pair has fallen by about 3% year-to-date. It has also dropped nearly 8% from its November 5, […]
How did financial markets react to yesterday’s Federal Reserve decision?
The Federal Open Market Committee (FOMC) decided in yesterday’s meeting to cut interest rates by 25 basis points, in line with market expectations, bringing the target range to 3.50%–3.75%. However, the most important element was the dot plot, which signaled only one rate cut of 25 basis points for next year. The voting results also […]
RBA Holds Rates Steady Amid Supportive Economic Data and Strong AUD/USD Momentum
The Reserve Bank of Australia (RBA) decided on Tuesday to keep interest rates unchanged at 3.60%, as widely expected, with projections indicating that rates will likely remain at this level throughout next year. Recent Australian economic data continue to show resilience in economic performance, as evidenced by: The Manufacturing PMI, which recorded an expansion at […]
Japan’s Economy Caught Between the Hammer of Contraction and the Pressure of Inflation Amid Expectations of a Rate Hike in the Upcoming Meeting
Recent Japanese economic data indicates weakness in overall performance, as: GDP contracted by 2.3% in Q3 of this year, exceeding expectations of –1.8%, marking the first contraction in six quarters. • Household Spending declined by 3.5% on a monthly basis, below expectations (0.7%) and the previous reading (–0.7%). • The Manufacturing PMI posted a contraction […]
Brief Overview of Last Week’s Key Economic Events
Last week saw the release of a wide range of global economic data reflecting a mixed slowdown in economic activity. U.S. indicators showed a combination of improvement in the labor market—evidenced by a decline in initial jobless claims—contrasted with weakness in the negative ADP employment report. Consumer confidence improved, but manufacturing and services PMIs slowed, […]
Gold Supported by Fundamental Strength and Technical Confirmation
Both fundamental and technical indicators continue to support gold prices in the coming period. The key fundamentals that previously boosted gold remain in place, including: A rate-cut environment in the United States, where markets are pricing in a 25-basis-point cut with a probability exceeding 85% at the Federal Reserve meeting on December 10. More importantly, […]
Brief Overview of Last Week’s Key Economic Events
Last week saw the release of several important global economic indicators. In the United States, Producer Price Index data came in broadly in line with expectations, while retail sales fell below forecasts. Consumer confidence declined to its lowest level since April 2025. Meanwhile, pending home sales and core durable goods orders increased, jobless claims dropped, […]
