U.S. Stock Losses: Healthy Correction or Start of a Long Downtrend?
U.S. indices, particularly the S&P 500 and Nasdaq 100, continued to decline notably for the second consecutive session, following last week’s record highs. The S&P 500 reached 6,481 points on Friday, August 15, while the Nasdaq 100 hit 23,969 points on Wednesday, August 13. Yesterday, both indices closed lower, with the S&P 500 ending at […]
FTSE 100 Nears Record Highs Supported by Strong Positive Momentum
The UK’s FTSE 100 index continues its upward trend, recording 9,229 points on Friday, August 15, 2025, its highest level on record. The index has risen by about 23% since the low of April 7, 2025, at 7,533 points, reaching the peak achieved on Friday at 9,229 points. It has also gained around 13% year-to-date, […]
Continued Outperformance of the Swedish Krona Among G10 Currencies This Year
The USD/SEK pair has been trading in a sideways range between 9.3700 and 9.8500 over the past two months, searching for a clear direction either upward or downward. On June 12, 2025, the pair reached 9.3687, its lowest level since April 21, 2022. Since the beginning of the year, the pair has declined by about […]
Brief Overview of Last Week’s Economic Events
Last week featured mixed global economic data. In the United States, consumer inflation showed signs of easing while core inflation remained relatively high. Producer price inflation, however, rose sharply above expectations. Labor market data confirmed ongoing resilience with a drop in jobless claims, although retail sales came in weaker than expected. Consumer confidence fell noticeably […]
Fundamental and Technical Pressures on the U.S. Dollar Against the Japanese Yen
The U.S. dollar traded at 146.22 against the Japanese yen yesterday, its lowest level since July 24, 2025, and is currently hovering near 147.00. The pair has declined by around 6% since the beginning of the year. Negative momentum appears to dominate the coming phase, driven by several fundamental and technical factors. Fundamental Factors: Rising […]
Oil Prices Fall to Two-Month Low Amid Demand Pressures and Geopolitical Uncertainty
Crude oil prices continued to decline, settling yesterday at $65.01 — their lowest level since June 6, 2025. Prices have fallen by about 10% from the July 30, 2025 peak of $72.80 to yesterday’s low of $65.01. They are also down roughly 12% year-to-date. Key negative factors weighing on oil prices include: Ongoing geopolitical uncertainty, […]
Mixed Factors Pressuring and Supporting Gold Prices
Gold prices fell yesterday to $3,331, their lowest level since August 1, 2025, before closing at $3,348. Since hitting an all-time high of $3,500 on April 22, 2025, prices have been trading sideways within a horizontal range between strong support at $3,200 and strong resistance at $3,400, searching for a clear direction either upward or […]
Ethereum Rally Fueled by ETFs, Policy Shift — Highest Since Dec 2021
Ethereum — the world’s second-largest cryptocurrency by market capitalization (around $519 million) after Bitcoin — reached $4,366 yesterday, its highest level since December 9, 2021. Prices have surged about 215% from the April 7 low of roughly $1,383 to yesterday’s peak of $4,366. Since the start of the year, Ethereum has gained about 30% and […]
Market Overview – Last Week’s Key Economic Developments
Last week saw the release of several important global economic data points. In the United States, oil inventories declined more than expected, and the trade deficit improved. However, factory orders contracted, the ISM Non-Manufacturing Index declined, and jobless claims rose. On the other hand, the Services PMI showed strong growth. In the Eurozone, the services […]
Bank of England Cuts Interest Rates Amid Policy Division and Stubborn Inflation
The Bank of England decided yesterday to cut interest rates by 25 basis points, as widely expected, bringing the rate down to 4.00%. What stood out, however, was that four out of the nine Monetary Policy Committee (MPC) members voted to keep rates unchanged—significantly higher than the one member markets had anticipated. Conversely, five members […]
