Daily Market Review

Daily Market Review March 25

Brace yourself for the quarterly GDP data to be released today at 12:30 GMT. While Easter is earlier this year, so is Good Friday and due to it, most U.S. financial markets will be closed today. However, since Good Friday is not a federal holiday, the U.S. GDP data will be released at the specified […]

Daily Market Review March 24

Potential raise in interest rates by the Federal Reserve caused Gold prices to slip on the Asian trade earlier today. Gold prices have tumbled to three-week lows, as dovish comments by Fed’s officials indicated towards a gradual multiple hike in rates throughout this year. Gold on the Comex division of New York Mercantile Exchange hovered […]

Daily Market Review March 23

A rise in U.S. stockpiles caused crude oil prices to tumble again on the Asian trade earlier today. Concerns about the current oversupply is growing on the crude market as OPEC members and crude oil producers delay in finding solutions. Iran has already added to the oversupply since sanctions were lifted and is currently producing […]

Daily Market Review March 22

A smaller version of the iPhone is now available on the market, which has made quite a buzz among investors and Apple fans. Apple has come up with a cheaper iPhone, smaller than the previous ones, but its sales might be restrained in China and India due to its diminutive size. Huge prospects like China […]

Daily Market Review March 18

The Eurozone remains under pressure with the consumer price index remained unchanged as depicted in the CPI data release yesterday. The European Central Bank focuses more on its current easing policy and may not think of any rate hike for some time to come. However, the positive part is that the consumer price index did […]