Overview of Last Week’s Key Economic Events
Last week featured several key global economic developments and policy decisions. In the United States, the Federal Open Market Committee (FOMC) decided to cut interest rates by 25 basis points to a range between 3.75% and 4.00%, while Fed Chair Jerome Powell noted that another rate cut in December is no longer certain. On the […]
How did the financial markets move after the Fed’s decision yesterday?
The Federal Open Market Committee (FOMC) decided in its meeting yesterday to cut interest rates by 25 basis points, as markets had expected, bringing the target range to between 3.75% and 4.00%. More importantly, Fed Chair Jerome Powell stated in his press conference that a rate cut in December is not a certainty and that […]
Silver Under Pressure: Profit-Taking and Gold’s Decline Limit Upward Momentum
After silver prices hit a record high of $54.50 per ounce on Friday, October 17, they fell significantly to $45.56 yesterday — a drop of about 16% from peak to trough. This sharp decline is mainly attributed to profit-taking by investors, which is quite natural after such strong gains, as silver has risen more than […]
Wall Street Hits Record Levels Amid Decline in Fear Index (VIX)
U.S. stock indices, specifically the S&P 500, Nasdaq 100, and Dow Jones, continued to reach record levels yesterday. The Volatility Index (VIX) fell to 15.62 points, its lowest level in a month, indicating investor relief and strong demand for U.S. equities. Expectations suggest that the positive momentum in U.S. stocks will continue in the near […]
Overview of Last Week’s Key Economic Events
Last week saw the release of several significant global economic data points. In the United States, inflation showed a slight slowdown, while both manufacturing and services activity improved. However, consumer confidence declined, and long-term inflation expectations rose. In contrast, the Eurozone and the United Kingdom recorded improvements in Purchasing Managers’ Index (PMI) readings, with UK […]
Washington sanctions on Russian oil companies ignite a new rally in crude prices
Oil prices have risen by about 7% since the beginning of the week, and by about 10% from the low recorded on October 20 at $60.07 to yesterday’s high of $66.36. However, prices are still down by about 12% since the start of the year. The positive factors currently supporting oil prices include: • Washington’s […]
UK Inflation Report Below Expectations Pressures the Pound and Supports Gilts
The headline Consumer Price Index (CPI) in the UK recorded an annual increase of 3.8% in September, as reported yesterday. This figure came below expectations (4.0%) but was in line with the previous reading. Core CPI, which excludes food and energy, also declined to 3.5%, falling short of both the forecast (3.7%) and the previous […]
Has Gold Entered a Correction Phase or Is This a New Buying Opportunity?
Gold prices fell significantly today to $4,004, marking their lowest level since October 10, 2025. This comes after reaching a record high of $4,382 on Monday — a decline of about 9% from peak to trough. The primary reason behind this sharp drop is profit-taking by investors, which is a natural market reaction, especially following […]
Divergence in Chinese Economic Indicators: Industrial Recovery Amid Weak Consumption
Recent Chinese economic data has shown a clear divergence. Retail sales grew by 3.0% year-on-year in September, which was higher than expectations (2.9%) but lower than the previous reading (3.4%), indicating continued weakness in consumer spending. Additionally, fixed asset investment contracted by 0.5% year-on-year — marking the first decline since 2020. Moreover, the annual decline […]
Overview of Last Week’s Key Economic Events
Last week featured a range of mixed global economic data. In the United States, crude oil inventories rose more than expected, and the Empire State Manufacturing Index showed improvement, while the Philadelphia Fed Index dropped sharply. In the Eurozone, annual inflation data came in at or above expectations, though industrial production declined on a monthly […]
