Market Overview

Watch below my quick take on this morning's US inflation and jobless claims report and what it means for stocks and the US dollar trades.

Japan's Nikkei225 index hit new highs since February 1990 on Thursday morning and climbed above 35000. The rise accelerated sharply this week after breaking above the 34000 level, which acted as...

The December CPI report is due on Thursday at 8:30AM ET. Headline annual inflation is seen rising 3.2% and core CPI is forecast to climb 3.8%. While the rate of inflation is declining, it’s not...

Dollar traders lock gaze on US inflation dataYen falls as wage data suggest BoJ is in no rush to raise ratesWall Street rebounds ahead of CPIs and earnings seasonUS SEC approves bitcoin ETFsWill the...

Gold May Move Sharply Today Due to the US Inflation ReportThe gold (XAU) price continued to move within a tight range on Wednesday as investors refrained from opening large positions ahead of the US...

The S&P 500 finished the day higher by about 60 bps, while the S&P 500 Equal Weighted finished the day higher by just 17 bps. It again shows how the indexes are diverging and returning to...

Looking at the Economic Modern Family (weekly charts), to date, they all peaked in December.The Russell 2000, Regional Banks, Transportation and Retail, as far as index and sectors go, backed off the...

A lot is riding on tomorrow’s US consumer inflation report for December for markets, which are pricing in relatively upbeat news.Quite a lot of the stock market’s upbeat profile recently...

Market narratives have been around for ages. However, the internet and, more recently, social media allow narratives to spread much quicker. Accordingly, they have become more frequent and potent...

Gold Remains Above 2,020 As Investors Are Cautious Ahead of the US Inflation ReportThe gold (XAU) price rose above 2,040 on Tuesday but later lost most of its gains and finished the day essentially...

Stocks gapped lower, while the equal-weight and small-cap indexes didn’t recover much. The S&P 500 finished the day lower by around 15 bps.The index was able to fill the morning’s...

The World Bank said yesterday that it expects growth to fall to 2.2% for the period that includes 2020 and 2024 and that’s the slowest 5-year period since 1990-1994. The slowing global growth...

This week’s CPI report will be a big factor in helping to tip the scales on whether the Fed will cut interest rates in March. The market may be more vulnerable to an upside surprise in CPI given...

Much of what is thought and believed about the stock market is based upon fallacy and a lack of understanding, which was easily seen in the comments section of one of my recent articles.It seems that...