Market Overview – Last Week’s Key Economic Events
Last week saw several important global economic developments. In the United States, jobless claims fell to 217,000, lower than expected, while crude oil inventories dropped by approximately 3.169 million barrels. New home sales came below expectations but slightly higher than the previous reading. Meanwhile, PMI data showed a divergence, with the manufacturing sector contracting and […]
Negative Pressures Mount on Oil Amid Trade Uncertainty and Rising Supply
Crude oil prices have been trading in a sideways range between $66 and $71 per barrel over the past month, currently hovering around $68. This horizontal trend is expected to persist, particularly in light of prevailing uncertainty in the oil market, which remains influenced by a mix of opposing factors. Since the beginning of the […]
Gold Regains Momentum Amid Rising Global Tensions and a Weaker Dollar
Gold prices rose to $3,403 today, marking their highest level in nearly a month. Since hitting an all-time high of $3,500 on April 22, 2025, gold has been trading in a sideways range between the strong support level at $3,200 and the resistance level at $3,400, seeking a clear directional breakout either upwards or downwards. […]
Brief Overview of Key Economic Events from Last Week
Last week featured several important economic indicators around the world. In the United States, inflation data was mixed, with the headline Consumer Price Index rising to 2.7% while the Producer Price Index fell to 2.3%. Retail sales and industrial indicators showed notable improvement. In the Eurozone, industrial production rose by 1.7%, while inflation remained stable […]
Japanese Yen Under Pressure: Upcoming Elections and Record Debt
The USD/JPY pair continues its upward trend, reaching 149.19 on Wednesday, July 16 — the highest level since April 3, 2025. It is currently trading near the 149.00 mark. The pair has gained 5% since its recent low on July 1, 2025, when it touched 142.68. However, it remains down by about 6% since the […]
FTSE 100 Index Maintains Historic Uptrend Despite Global Challenges
The UK’s FTSE 100 index rose to a record high of 9,042 points on Tuesday, July 15, 2025. It has gained approximately 20% since the low recorded on April 7, 2025, at 7,533 points, reaching its recent peak. Since the start of the year, the index has risen by about 10%, outperforming major U.S. indices […]
With market optimism and U.S. congressional support: Bitcoin eyes unprecedented levels
Bitcoin prices reached a new all-time high of $123,279 on Monday, July 14, 2025. The cryptocurrency has surged 26% since its recent low of $98,000 recorded on June 22, signaling a clear entry into a bullish market phase. It has also gained approximately 26% year-to-date, outperforming Ethereum, Ripple, and Solana — as well as major […]
Silver Prices Continue to Rise, Outperforming Gold and Global Indices
Silver continues its upward trend, having reached $39.13 yesterday — the highest level since September 22, 2011. The main challenge ahead lies in breaking through the key psychological resistance level at $40.00. Currently, the price is trading near $38.50. Silver has surged by approximately 38% from its low of $28.36 recorded on April 7, 2025, […]
Brief Overview of Key Economic Events from the Past Week
The past week witnessed several key global economic developments. The minutes from the U.S. Federal Reserve’s June meeting showed a division among members regarding the inflationary impact of tariffs. Weekly jobless claims dropped to 227,000, and U.S. crude oil inventories rose sharply by over 7 million barrels. In the Eurozone, retail sales contracted by 0.7%. […]
Nvidia Makes History with Market Cap Surpassing $4 Trillion… All Eyes on Q2 Earnings
For the first time in market history, Nvidia’s market capitalization surpassed $4 trillion, overtaking both Apple and Microsoft. The company’s valuation has soared by over 1000% since the beginning of 2023 and currently represents about 7.50% of the S&P 500 index. This record-breaking surge in Nvidia’s value is primarily driven by surging demand for its […]