Market Overview

Gold's Rally Stops on the Back of Mixed US DataThe gold (XAU) price is on track for its first weekly decrease since mid-February following the release of mixed US data. Gold dropped below 2,160 on...

Stocks finished the day lower following a hotter-than-expected PPI report, which sharply increased rates and the dollar, helping widen credit spreads.The 10-year rate rose by ten bps on the day, and...

Yesterday’s mix of economic data – which pointed at higher-than-expected inflation and lower-than-expected spending in the US – finally broke the Federal Reserve (Fed) doves’...

Super Tuesday was, if I may, super obvious. Former President Donald Trump clinched nearly every delegate that was up for grabs last week, forcing his Republican challenger, Nikki Haley, out of the...

The mixed news on inflation earlier this week and today didn’t help, but neither did sticky inflation news derail expectations that the Federal Reserve will start cutting interest rates in June....

After hot CPI inflation, dollar awaits PPI and retail sales dataYen on the back foot as BoJ March hike bets decreaseS&P 500 and Nasdaq pull back, gold reboundsDollar trades cautiously ahead of US...

Stocks finished mostly lower on the day, with the S&P 500 dropping 19 bps and the NASDAQ 100 falling by 83 bps.Today, we get PPI and Retail sales, and based on the VIX 1-Day, the market...

The direction was mixed yesterday, as Tuesday’s hotter-than-expected US CPI print gave cold feet to investors regarding the Federal Reserve’s (Fed) ability to cut interest rates as soon as...

February's CPI report came in hotter than expected for the second straight month. Sticky inflation suggests the Fed could delay an anticipated June interest rate cut despite the market’s...

Social media users claiming to be Bougie Broke share pictures of their fancy cars, high-fashion clothing, and selfies in exotic locations and expensive restaurants. Yet they complain about living...

Gold Plunges as US CPI Data Questions the Rate Cut in JuneThe gold (XAU) price plunged by more than 1.2% on Tuesday as the US dollar (USD) strengthened following the release of higher-than-expected US...

I must say that I didn’t see this one coming. Credit where credit is due, though: while Street economists were just a little low (consensus was +0.40% headline, +0.30% core), the CPI swap market...

Inflation in the US accelerated, not only in terms of monthly headline figures but everywhere, both core and headline, and both yearly and monthly figures came in hotter-than-expected. While gasoline...

The combination of the ISM Manufacturing New Orders Index (NOI) and the yield curve, our two favorite high-frequency leading indicators of US recession, has been warning of imminent recession since...