OIL MARKET STARTS STRONG IN 2025 WITH MIDDLE EAST DRIVERS The oil market has had a solid start to the year, with ICE Brent trading above $76 per barrel. Despite a comfortable oil balance for 2025, the market remains strong, driven by a stronger physical market in the Middle East.
Bitcoin broke the $100K mark again, reaching $101,000. It saw a 3% increase in the last 24 hours. Weekly gains were 5.66%, the highest since November 24. Momentum is returning to Bitcoin, with the market showing positive trends. This occurred while the US Congress prepares to certify Donald
Stocks went up on Monday after falling last week. Chipmaker companies saw a big increase. Dow Jones increased by 79 points (0.2%). S&P 500 rose by 0.8%. Nasdaq Composite grew by 1.3%.
The S&P 500 and Nasdaq went up on Monday after a tough week. The S&P 500 increased by 0.5%. The Nasdaq Composite rose by 1.1%. The Dow Jones Industrial Average only went up by 33 points, or 0.1%. Chipmakers, especially Nvidia, helped boost
BANK OF AMERICA SEES NO DOWNSIDE FOR DOLLAR DESPITE TARIFFS SELL-OFF The US dollar fell more than 1% following the announcement of a "comprehensive tariff" plan by the new US administration. Investors are concerned the dollar could follow a similar downtrend as seen during the first year of
TOCK FUTURES LITTLE CHANGED AHEAD OF JOBS DATA US stock futures were little changed as investors awaited jobs data in a shortened trading week. Dow Jones Industrial Average futures remained flat. S&P 500 futures saw a slight increase of 0.16%. Nasdaq 100 futures rose by 0.24%
EUR/USD PRICE FORECAST: PARITY POSSIBLE IN 2025 Central banks remain focused on inflation, but economic growth will be key in 2025. The upcoming US Donald Trump presidency is expected to have global economic effects. The EUR/USD pair is expected to test parity in the first half of 2025.
Donald Trump criticized Britain's decision to impose a windfall tax on North Sea oil producers. He said Britain is "making a very big mistake" with this energy tax policy. Trump's comments followed a report about U.S. oil company APA Corporation's plans
WEEKLY MARKET OUTLOOK: US NFP, AUSTRALIAN CPI, SWISS INFLATION IN FOCUS KEY DATES: Wednesday: Australian CPI Data Friday: U.S. Non-Farm Payroll (NFP) Data (Jan 6 - Jan 11) US DOLLAR MOMENTUM: The US dollar gained last week, fueled by optimism about the Trump administration and the Fed's
The US dollar dropped on Friday but still performed well overall this week. Its strong performance is due to expectations that the US economy will do better than others. Fewer interest rate cuts by the Federal Reserve are also supporting the dollar's strength.
FRENCH FINANCE MINISTER COMMENTS ON BUDGET SITUATION French Finance Minister Lombard describes the country's budget situation as "uncomfortable" and "serious." Lombard emphasizes the goal of progressively reducing the deficit. The 2024 budget deficit is projected to be around 6.1%. The 2025 deficit is
JAPAN POLITICAL AND ECONOMIC UPDATES Japan's Prime Minister Shigeru Ishiba dismisses the possibility of forming a broader coalition government. Japan’s 5-year government bond yield rises to 0.77%, the highest since 2009. No set timing yet for Japan PM Ishiba's meeting with US President Trump.