The Swiss franc at historical levels as the US dollar continues to retreat

The US dollar declined against the Swiss franc, recording a level of 0.7601 today, its lowest since 2011, or nearly 15 years. The pair is currently trading near 0.7650 and has fallen by around 4% since the beginning of the year to date. The Swiss franc’s outperformance against the US dollar is mainly attributed to […]
Silver Breaks Above $110 as Momentum Signals Further Upside

Silver prices recorded a new all-time high yesterday at $117.74 and are currently trading above $110. Prices have surged by around 54% year-to-date, outperforming all other commodities—most notably gold (+18%) and platinum (+36%). Market expectations point to a continuation of this upward trend, driven by several key factors: First, the strong positive correlation between gold […]
Brief Overview of Key Economic Events from Last Week

Last week saw mixed global economic data. The United States showed strong economic performance, supported by solid GDP growth, accelerating consumer spending, improved consumer confidence, and continued resilience in the labor market, despite a rise in crude oil inventories. In contrast, the Eurozone recorded a relative slowdown, with weaker services sector activity and easing inflation, […]
US Stocks Rise as Volatility Eases and Small Caps Lead Gains
All major US equity indices closed higher yesterday, including the S&P 500, Nasdaq 100, Dow Jones, and Russell 2000. Meanwhile, the VIX volatility index declined for the second consecutive session by nearly 25%, falling from around 21 points on Tuesday to approximately 15.63 points yesterday, signaling improved investor sentiment and increased risk appetite toward US […]
Global Market Volatility Amid Geopolitical Escalation and Early Elections in Japan

Global financial markets are experiencing heightened volatility amid escalating geopolitical tensions between allies, particularly between the United States and the European Union, over the issue of “Greenland.” U.S. President Donald Trump has insisted on annexing the island to the United States on the grounds of “national security,” a move that has been firmly rejected by […]
Mixed Chinese Data Reflect an Unbalanced Economy as the Yuan Strengthens to Its Highest Level Since May 2023

Recent Chinese economic data have shown a clear divergence in performance. Retail sales declined on a year-on-year basis in December, recording growth of just 0.9%, below market expectations of 1.1% and the previous reading of 1.3%. Fixed asset investment also weakened, contracting by 3.8% year-on-year, worse than expectations of -3.1% and the prior reading of […]
Brief Overview of Last Week’s Key Economic Events

Last week saw the release of relatively strong economic data across most major economies. In the United States, crude oil inventories rose by more than expected, alongside increasing price pressures reflected in higher headline and core Producer Price Index readings, while consumer inflation remained stable. Manufacturing activity indicators (Philadelphia Fed and Empire State) came in […]
FTSE 100 Hits a Record High Supported by Economic Data and Banking Sector Momentum

The UK’s FTSE 100 index continues its upward trend, reaching 10,251 points yesterday, its highest level on record. The index has risen by around 3% since the beginning of the year to date, outperforming major US equity indices such as the S&P 500 and the Nasdaq 100. The notable rise in the FTSE 100 is […]
Sharp Volatility in Oil Prices Amid Escalating Geopolitical Tensions

Crude oil prices have experienced high volatility since the beginning of the year to date, rising to USD 66.82 per barrel yesterday, their highest level since September 30, 2025. This represents an increase of around 6% from the start of the year, following a negative performance last year when prices declined by approximately 19%. It […]
Rising Pressure on the Federal Reserve and Global Tensions Boost Gold Gains

Gold prices continue their upward trajectory, recording a new all-time high of $4,640 today, up by around 7% since the beginning of the year to date. Both fundamental and technical indicators continue to support gold prices in the period ahead, as the factors that previously underpinned gold remain in place, alongside additional emerging drivers strengthening […]