Australian Dollar Continues to Recover Amid Economic Pressures
The Reserve Bank of Australia (RBA) held interest rates steady at 4.10% during its meeting on April 1, 2025, for the second consecutive time. Recent Australian economic data indicate a weakening performance, as shown by the following: Retail sales declined by 0.2% month-over-month in February, falling short of expectations and the previous reading of 0.3%. […]
Bitcoin Hits Highest Level Since March Amid Resurgence in Bullish Momentum
Bitcoin prices surged to $94,700 yesterday, marking their highest level since March 2, 2025. The cryptocurrency has risen by approximately 27% from its April 7 low of $74,434 to the peak recorded yesterday. However, despite this recovery, Bitcoin remains down about 1% year-to-date. Notably, the strong correlation between Bitcoin and the tech-heavy Nasdaq 100 index […]
Comprehensive Analysis: Gold Continues to Rise Supported by Fundamental and Technical Factors
Gold prices continue to reach new record highs, climbing to $3,500 yesterday. The yellow metal has surged approximately 18% from its low of $2,957 on April 7 to its recent peak. Since the beginning of the year, gold has risen by nearly 28%, outperforming high-risk assets such as Bitcoin, global equities, U.S. Treasury bonds, and […]
Overview of Key Economic Events from Last Week
Last week witnessed several significant economic events globally. In the United States, data showed mixed performance: retail sales rose at the fastest pace since January 2023, while industrial production and the Philadelphia Manufacturing Index declined notably. However, the labor market showed signs of improvement. In the Eurozone, the European Central Bank cut interest rates by […]
Surprise Interest Rate Hike by the Central Bank of Turkey Amid Political Turmoil and Continued Lira Weakness
The Central Bank of Turkey unexpectedly raised interest rates by 350 basis points yesterday, increasing the policy rate from 42.50% to 46.00%. The USD/TRY exchange rate hit 38.1529 on Friday, its highest level since March 19, 2025, when it reached around 41.00, following political turmoil in Turkey and the imprisonment of Istanbul Mayor Ekrem İmamoğlu […]
USD/CNY Outlook Amid Improving Chinese Economic Indicators
The U.S. dollar rose against the Chinese yuan last week, reaching 7.4290 — its highest level since November 2007, nearly 18 years ago. It is currently trading around the 7.3100 level. Recently, China has seen a recovery in several key economic indicators: • GDP grew by 5.4% year-over-year in Q1, exceeding expectations of 5.2%. • […]
GBP/USD Rises to Highest Level Since October 2024
The GBP/USD currency pair recorded a level of 1.3267 today, its highest since October 3, 2024. It has surged by nearly 10% from the low of 1.2100 seen on January 13, 2025, to the peak reached today. The pair is currently hovering around 1.3250, marking a year-to-date gain of approximately 6%. Recent UK economic data […]
Reasons Behind the Strength of the Swiss Franc Amid Trade Tensions
Despite the recent slowdown in Switzerland’s economic indicators—such as the Consumer Price Index (CPI) and Producer Price Index (PPI), as well as a contraction in the Purchasing Managers’ Index (PMI), which fell to 48.9 points (below expectations of 50.4), and a rise in the unemployment rate to 2.8% (above both expectations and the previous reading […]
Overview of Last Week’s Key Economic Events
Last week witnessed several significant global economic developments. In the United States, data showed a noticeable slowdown in inflationary pressures, with both the headline and core Consumer Price Index (CPI) declining, along with a drop in the Producer Price Index (PPI). This reinforces expectations of potential monetary policy easing in the near future, despite a […]
A Violent Selloff Hits U.S. Equities Amid Trade Escalation
U.S. stock markets are experiencing sharp volatility. The Fear and Volatility Index (VIX) surged to 60 points on Monday, April 7, 2025, before falling back to 33 points on Wednesday, April 9 — marking the largest single-day drop in the index’s history. The VIX then rebounded to 50 points yesterday, with expectations that volatility will […]
