Market Overview

In today’s presser with Powell basically said what he typically says:Higher for longer but maybe not as risks remain to the economy while inflation is too sticky. Here are some of our thoughts...

Economic “reflation” is becoming the next bullish narrative as equity valuation increases continue to outpace earnings gains, at least according to Gold Sachs and Tony...

Surging US retail sales dampen Fed rate cut expectations Wall Street sinks, dollar scales fresh highs as yields jump China GDP beat offers only tepid support as March data disappointsYen continues to...

Geopolitical Concerns Drive Gold Higher Despite the Strong US DollarThe gold (XAU) price rallied by 1.67% on Monday even though stronger-than-expected retail sales data lowered the probability of an...

Stocks finished the day sharply lower for a second day in a row, with the S&P 500 dropping by 1.2% and the NASDAQ dropping by 1.65%. The S&P 500 opened higher, but the selling started around...

A stronger-than-expected retail sales data from the US cemented the idea that the US economy remains too strong for the Federal Reserve (Fed) to cut the rates in summer. Retail sales jumped 0.7% in...

Artificial intelligence (AI) and Bitcoin were top of mind at last week’s Paris Blockchain Week, where I had the privilege of presenting to an enthusiastic crowd. The blockchain and digital...

Market Overview: S&P 500 Emini FuturesThe S&P 500 Futures weekly chart formed an Emini consecutive bear bar, something that has not happened since October 2023. The bulls want to get at...

Markets steady after Israel and allies intercept Iranian missiles and dronesHopes of no further escalation in conflict lift equities, oil slips But gold and dollar hold near highs Yen at fresh 34-year...

Gold Rallies on Safe-Haven Demand but Fails to Hold Above 2,400On Friday, the gold (XAU) price surged above 2,400 but lost most of the gains in the American session and declined by 0.39%. As tensions...

The retraction of global markets on Friday and this morning in Asia and Europe are rational risk-rebalancing moves, considering that the heartbreaking events in the Middle East present the potential...

Risk appetite is better this Monday morning than it was last Friday when the world was bracing for the Iranian retaliation on Israel. Iran fired more than 300 drones and missiles on Israel on Saturday...

Last weekend the title of the Daily was: Economic Modern Family-Warning Signs End of Week.At the time the theory was: “Looking at the 6 weekly charts, I updated the horizontal, parallel lines to...