Overview of Last Week’s Key Economic Events
The United States witnessed a week filled with significant economic data. The University of Michigan Consumer Sentiment Index declined to 50.3, below expectations and the previous reading, while the ADP Non-Farm Employment Change showed an increase of 42,000 jobs, indicating improvement in the labor market. In contrast, Challenger data revealed that job cuts in October […]
Gold Moves Sideways Awaiting New Catalysts to Define Its Next Direction
Gold prices have declined by about 11% from the peak recorded on October 20 at $4,382 to the low reached on October 28 at $3,887. However, the metal remains up roughly 53% year-to-date. Gold has been trading in a horizontal sideways range between $3,900 and $4,050 for more than a week, searching for a clear […]
The Australian Dollar Under Pressure from Rising U.S. Dollar and Slowing Domestic Economy
The Australian dollar (AUD) fell to 0.6458 against the U.S. dollar (USD) yesterday, marking its lowest level since October 17, 2025. The AUD/USD pair has declined by about 2% from its recent peak of 0.6618 recorded on October 29, 2025, to yesterday’s low. Despite this pullback, the pair remains up roughly 5% year-to-date and is […]
US Stocks Decline, Dollar and Bond Prices Rise Amid Policy Uncertainty and Ongoing Government Shutdown
US stock indices closed lower yesterday, pressured by technology stocks related to artificial intelligence. The “Magnificent Seven” (MAGS) index fell more than 2%, while the Philadelphia Semiconductor Index (SOX) dropped over 4%. These declines are, in my view, natural and healthy, especially after the record levels reached recently. It is worth noting that the S&P […]
Oil Prices Struggle Between Supply Pressures and Geopolitical Risks
Crude oil prices have fallen for the third consecutive month. Since the beginning of August, prices have continued to trade within a narrow range between $60 and $70 per barrel and are currently hovering around $65, amid uncertainty dominating the oil market due to mixed factors. Oil prices have declined by about 14% since the […]
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 […]
