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 […]
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 […]
