Market Overview

Rising Geopolitical Tensions and Slowing US Producer Prices Push Gold HigherThe gold (XAU) price gained over 1% on Friday due to escalating tensions in the Middle East, while lower-than-expected US...

The US stock markets ended last week on a cautiously positive note. Friday’s producer price inflation came as a certain relief to inflation worries as the latest data showed an unexpected...

US markets will be closed today, making for another short week. This will be an option expiration week with the VIX on Wednesday and Monthly stock OPEX on Friday.This will open a window for increased...

In this new video, I share 5 essential tips for trading in 2024 plus an easy-to-use trading strategy.Lots of great stuff here! I hope you enjoy it

By Mike Maharrey, Money Metals ExchangeJust one quarter into fiscal 2024, the federal government has already run a budget deficit of over half a trillion dollars.The December budget shortfall came in...

By Mike Maharrey, Money Metals ExchangeThe Consumer Price Index for December came in hotter than expected but it’s a lot lower than it was a year ago. That means inflation is decreasing, right?...

Gold Rises Despite Strong US CPI Numbers as the Conflict in the Middle East EscalatesThe gold (XAU) price gained 0.23% in a very volatile trading session on Thursday. Initially, XAU/USD dropped to a...

In the most recent BLS employment report, the percentage of full-time jobs relative to the population dropped sharply.The robust headline number of 216,000 led most media commentators to suggest a...

I’m changing the way I do the monthly CPI analysis. Doing it live for an audience was always stressful, especially with the inevitable data issues from time to time.Of course, as an inflation...

Yesterday’s US inflation report wasn’t exactly ideal. The headline inflation rose more than expected to 3.4% from 3.1% printed a month earlier. Shelter, electricity, and food prices drove...

US CPI (YoY) 3.4% in December (3.1% in November) US Core CPI (YoY) 3.9% in December (4% in November) EUR/USD fails at 1.10 The CPI report has become a source of good news for investors, as inflation...

I began the week focused on bank earnings, which we will wake up to tomorrow.In that Daily, I wrote, “one can assume that bank stocks, which already started off the year extremely well, have...

By Mike Maharrey, Money Metals ExchangeNo matter what you read about the December Consumer Price Index (CPI) data, you should keep one important fact top of mind: every number is far above the Federal...

By Mike Maharrey, Money Metals ExchangeThere were more corporate bankruptcies in 2023 than there were during the pandemic of 2020.Higher interest rates and massive levels of corporate debt drove the...