Market Overview

Dollar rallies on the first trading day of 2024Fed minutes enter the spotlight, ISM mfg PMI also on tapWall Street slides, dragged by big tech firmsOil erases gains on deteriorating risk...

Gold Declined Slightly Following Reduced Chances of a Rate Cut by the FedOn Tuesday, gold (XAU) pulled back by 0.2% due to a recovery in the US dollar and Treasury yields. This decline happened as...

We begin with DBC, which is doing a yeoman’s job of sinking. It is approaching the lower half of its long-time descending channel, and I think energy is speaking truthfully to us about...

An exceptional end to the year has left markets with a lot to live up to in 2024, with huge rate cuts and a soft landing now among the things investors have priced in.The fantasy scenario for central...

Yesterday (Wednesday, December 13th) the Fed signaled the end to interest rate hikes and, in so many words, implied that now the timing of rate cuts is being informally discussed. While stocks and...

Soft landings, it has been said, are the holy grail of monetary policy, and there may be signs that we’re on the cusp of one. But what does it mean for the economy in 2024 to have a soft...

The year 2023 was a bullish one for stock markets around the world. At the same time, some asset classes had a year to forget. In this piece, I will share my 4 predictions for the financial markets...

Dollar gains against most of its major counterpartsFed minutes and US jobs data this week’s highlightsEuro awaits Eurozone’s preliminary inflation numbersGold and oil rebound, Asian stocks...

The first week of 2024 will be a big one, with a lot of data that will either justify the market rally and expectations for rate cuts or not.Data that comes in too hot will kill the idea of rate cuts...

Are the crowds ready for the curtain of Fed omnipotence to be pulled aside? What will push markets ever higher if the Fed's alchemy fails? For 15 long years, the Federal Reserve has conjured an...

Dollar mounts comeback, helped by solid labor market dataOil prices resume downtrend as supply concerns resurfaceMind the gap - scarcity of liquidity in markets can fuel volatilityDollar shows signs...

Gold Retreats From a 3-Week High But Remains in an UptrendThe gold (XAU) price lost 0.59% on Thursday as the US dollar and Treasury yields rose despite worse-than-expected US macroeconomic...

The latest calculation of the Personal Consumption Expenditures (PCE) Index, an indicator of “inflation”, was reported on Friday morning (22nd December) in the US. The following chart...

Here's some big-picture analysis along with unprecedented global macro combinations.2023 is winding down to see a rise in both gold and SPX with a decline in the US Dollar Index (DXY). Such a...