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As almost universally expected, the Federal Reserve opted to raise interest rates by 50bps to the 0.75-1.00% range. This was the largest single interest rate hike since 2000.Additionally, the central...
Stocks ripped higher following the FOMC meeting, which had no surprises, resulting in a big implied volatility melt. The VIX fell yesterday by more than 4 points to finish around 25. That melting...
The cloud software-as-a-service (SaaS) industry has gotten off to a tumultuous start in 2022, with the tech sector’s two main ETFs lagging the comparable returns of the NASDAQ Composite by a...
According to a recent Reuters poll of 31 analysts and traders, the median price of gold will rise to $1,920 an ounce during the April-June quarter. Despite the strongest dollar in 20 years, which...
All eyes are on the Federal Reserve's decision due out later today. Analysts agree that the central bank is increasingly concerned about inflation and thus will work on reducing the supply of easy...
US markets tread water Oil trades over $105 Gold wavers Key EventsOn Wednesday, ahead of the US Federal Reserve's interest rate decision, futures on the Dow Jones, S&P 500, NASDAQ 100 and...
Of all the non-energy commodities, wheat is probably one of the most political now. Its price and outlook are dependent on the outcome of the Ukraine war more than anything else.And why not? Russia...
Reports Q1 results on Wednesday, May 4, before the open Revenue Expectation: $6.08 billion EPS Expectation: Loss of $-0.2718 The world’s largest ride-hailing service, Uber Technologies...