Comprehensive Analysis: Gold Continues to Rise Supported by Fundamental and Technical Factors
Gold prices continue to reach new record highs, climbing to $3,500 yesterday. The yellow metal has surged approximately 18% from its low of $2,957 on April 7 to its recent peak. Since the beginning of the year, gold has risen by nearly 28%, outperforming high-risk assets such as Bitcoin, global equities, U.S. Treasury bonds, and […]
Overview of Key Economic Events from Last Week
Last week witnessed several significant economic events globally. In the United States, data showed mixed performance: retail sales rose at the fastest pace since January 2023, while industrial production and the Philadelphia Manufacturing Index declined notably. However, the labor market showed signs of improvement. In the Eurozone, the European Central Bank cut interest rates by […]
Surprise Interest Rate Hike by the Central Bank of Turkey Amid Political Turmoil and Continued Lira Weakness
The Central Bank of Turkey unexpectedly raised interest rates by 350 basis points yesterday, increasing the policy rate from 42.50% to 46.00%. The USD/TRY exchange rate hit 38.1529 on Friday, its highest level since March 19, 2025, when it reached around 41.00, following political turmoil in Turkey and the imprisonment of Istanbul Mayor Ekrem İmamoğlu […]
USD/CNY Outlook Amid Improving Chinese Economic Indicators
The U.S. dollar rose against the Chinese yuan last week, reaching 7.4290 — its highest level since November 2007, nearly 18 years ago. It is currently trading around the 7.3100 level. Recently, China has seen a recovery in several key economic indicators: • GDP grew by 5.4% year-over-year in Q1, exceeding expectations of 5.2%. • […]
GBP/USD Rises to Highest Level Since October 2024
The GBP/USD currency pair recorded a level of 1.3267 today, its highest since October 3, 2024. It has surged by nearly 10% from the low of 1.2100 seen on January 13, 2025, to the peak reached today. The pair is currently hovering around 1.3250, marking a year-to-date gain of approximately 6%. Recent UK economic data […]
Reasons Behind the Strength of the Swiss Franc Amid Trade Tensions
Despite the recent slowdown in Switzerland’s economic indicators—such as the Consumer Price Index (CPI) and Producer Price Index (PPI), as well as a contraction in the Purchasing Managers’ Index (PMI), which fell to 48.9 points (below expectations of 50.4), and a rise in the unemployment rate to 2.8% (above both expectations and the previous reading […]
Overview of Last Week’s Key Economic Events
Last week witnessed several significant global economic developments. In the United States, data showed a noticeable slowdown in inflationary pressures, with both the headline and core Consumer Price Index (CPI) declining, along with a drop in the Producer Price Index (PPI). This reinforces expectations of potential monetary policy easing in the near future, despite a […]
A Violent Selloff Hits U.S. Equities Amid Trade Escalation
U.S. stock markets are experiencing sharp volatility. The Fear and Volatility Index (VIX) surged to 60 points on Monday, April 7, 2025, before falling back to 33 points on Wednesday, April 9 — marking the largest single-day drop in the index’s history. The VIX then rebounded to 50 points yesterday, with expectations that volatility will […]
Gold Returns to the Spotlight as a Safe Haven Amid Market Turbulence
Gold prices reached an all-time high of $3,168 on April 3, before declining to $2,957 on April 7, 2025 — a drop of around 7%. This correction is mainly attributed to two key factors: profit-taking and liquidation by investors to cover losses in other asset classes such as equities and cryptocurrencies. Currently, gold is trading […]
The Decline of the Nikkei 225 Index and Its Entry into a Bear Market
The Nikkei 225 Index has declined, entering a bear market. The index recently dropped to 30,793 points, its lowest level since October 31, 2023. Additionally, we have seen the Nikkei 225 entering a bear market, with a 24% decline from its peak on December 27, 2024, when it reached 40,398 points, to the low recorded […]
