Market Overview

Recent US recession forecasts look set to fail again for the first-quarter economic profile, based on the current lineup of Q1 GDP nowcasts.Output remains on track to slow in the first three months of...

Aussie and kiwi take a dive as Australian CPI, RBNZ ease rate hike fearsChina’s property troubles also weighWall Street and dollar await PCE data for directionRBNZ disappoints hawkish betsThe...

By Benjamin SchroederRates are still looking to go higher near term. While supply has helped over the past few days, rates remain sensitive to the data. So far, pushing back the expectations for the...

China's Gold Demand and Weak US Economic Data Support XAU/USDThe gold (XAU) prices stabilised on Tuesday, with the decrease in US Treasury yields partly balancing a stronger US dollar. Gold prices...

Stocks were flat again yesterday as the events the rest of the week get a bit more interesting, with GDP revisions today, PCE on Thursday, and ISM on Friday.It seems clear that bond rates are waiting...

Apple (NASDAQ:AAPL) abandoned its ambition to build an electric car. Yes, Apple car, which is in the making since the past decade, will never see the daylight. The company abandoned one of its biggest...

Today's US Data May Reverse Or Prolong the Short-Term Bullish XAU/USD TrendThe gold (XAU) price dropped by 0.25% on Monday as bulls closed their long positions due to the strong resistance in the...

European and American stocks kicked off the week with a pause, as investors took a breather after sending major stock indices in these regions to record highs. The Stoxx 600, the S&P 500 and...

NVIDIA (NASDAQ:NVDA) reported financial results for the fourth quarter and full-year 2023 last week, and I’m still picking my jaw off the floor. The chipmaker handily beat Wall Street...

Market Overview: S&P 500 Emini FuturesThe weekly chart formed an S&P 500 Emini embedded wedge in the current leg up from January. The bulls want a strong breakout into a new all-time high...

Here's your daily 60 seconds trading tipPrice action Tips - How I use swing lows and swing highs to trade

The Federal Reserve remains data dependent, as the central bank’s chairman Jerome Powell likes to say, and perhaps that’s especially true now as policymakers weigh the prospects for when...

Dollar rebounds as PCE inflation data eyedInvestors continue to scale back Fed rate cut betsKiwi slides but RBNZ hike chance remains unchangedWall Street loses steam, focus could turn on monetary...

Weakening US Dollar and Safe-Haven Demand Keep Gold Price ElevatedThe gold (XAU) price rose by 0.57% on Friday as the US dollar continued to weaken after a strong 2-month rally. XAU/USD had its first...