Market Overview

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...

by Jack FischerDuring LSEG Lipper’s fund-flows week that ended April 10, 2024, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the third week...

CPI numbers due in the UK, Japan, Canada and New Zealand China to also come into the spotlight as Q1 GDP eyedUS retail sales to kickstart the week as earnings season gets underwayCPI figures to...

The price information and economic data in this article are sourced from Bloomberg and nasdaq.comThe first major US banks report quarterly earnings on Friday, April 12th, 2024. We preview what to...

Dollar takes a breather, but Fed bets remain unchangedEuro suffers as ECB points to June rate cutYen intervention warnings intensifyS&P 500 and Nasdaq rebound, gold hits fresh record highFed...

We need to start thinking outside the current system, which has no solutions. Our convictions about money are quasi-religious: heretics are burned at the stake. I'm not sure which stake I'll be tied...

Banking Crisis Redux: Kicking the Can, Ignoring the InevitableIt’s been just over a year since the March banking crisis, when we saw three of the four largest bank failures in US history....

Quick thoughts of main takeaways from April European Central Bank ECB meeting: Main Takeaways from European Central Bank Most significant thing Lagarde said Impact on EURO

Dollar rallies on hotter-than-expected US CPI numbersDollar/yen breaks above 152 and triggers fresh warningsBoC opens the door to June rate cutECB to stand pat; likely to signal June cut as wellIs...

Gold Plunged Due to Unexpectedly High US Inflation DataThe gold (XAU) price dropped more than 1% following the release of higher-than-expected US Consumer Price Index (CPI) figures. However, traders...

Stocks finished the day lower following the hotter CPI report. The S&P 500 was all over the place, though, trading with big swings. These swings seem to be a sign to me of a market that is...