Market Overview

Gold Declines as US Consumer Confidence Report Surprises the Market Yesterday, the gold (XAU) price fell by 0.64% due to a stronger-than-expected US Conference Board (CB) Consumer Confidence...

Nvidia (NASDAQ:NVDA) selloff didn’t deepen yesterday, on the contrary, the recent end-of-quarter / end-of-the-first-half pullback attracted dip buyers - if you can call it a dip yet - and Nvidia...

From time to time, you will read that the Federal Reserve is trying to “thread the needle” on rates. That is, they don’t want to keep rates too high for too long, lest they sink the economy, nor...

Richer US data calendar and Fedspeak today US stocks in the red again; uptrend intact Key inflation reports from both Canada and Australia Yen shows signs of life but still close to intervention...

Gold Strengthens on USD's Pullback Gold (XAU) rose by 0.59% on Monday as the US dollar (USD) retreated from an eight-week high. Investors are eagerly awaiting this week's economic reports for insight...

Some major indexes, including Nvidia (NASDAQ:NVDA), finished Monday lower, indicating we are still in at least a short-term risk-off environment. However, the US dollar is not rising despite the...

Market Overview: S&P 500 Emini Futures The weekly chart formed an S&P 500 Emini micro wedge (Jun 7, Jun 12, and Jun 21). The problem with the bear’s case is that they have not been able to...

There was a brief period earlier this year when US shares gave up the leadership crown to commodities, but American stocks have retaken the performance throne in June, based on a set of ETFs through...

Stocks finished Friday slightly lower as June OPEX passed. This week, we head into the quarter’s end, closing out the year’s first half. It should be a fairly uneventful week with little on the macro...

The week kicks off on a weak note following a moody trading session across Europe and the US on Friday. One of the most significant moves of last two trading days of the US was a 10% selloff in...

Did today’s decline in gold surprise you? It shouldn’t – during Thursday’s rally, gold moved to two resistance lines. And I sent out a special Alert indicating that this was actually a shorting...

If the Bank of England’s decision on Thursday to leave interest rates unchanged is a guide, the outlook for the start date for a US rate cut may be further down the line than generally assumed. There...

Core PCE inflation to test bets of two Fed rate cuts in 2024 Yen awaits BoJ Summary of Opinions, Tokyo CPI Canadian CPI data also enters the spotlight Will PCE Data Confirm Fed Rate Cut...

Dollar stands tall after SNB cut and BoE’s dovish hold Yen enters the intervention zone as Japan’s underlying inflation falls Euro slips on weak PMIs, US PMIs next in focus Nasdaq tumbles as Nvidia...