Market Overview

Gold Jumps to a One-Week High as the Fed Indicates Upcoming Rate Cuts in 2024The gold (XAU) price rose by over 2% on Wednesday after the U.S. Federal Reserve (Fed) indicated that interest rate cuts...

Instead of holding their cards back, the Fed decided to go all in today and show their hand. I don’t play poker anymore, but the only time I would go all in in Texas Hold’em was when I...

The Federal Reserve (Fed) wraps up the year with a resounding finale. The Fed is not bothered to see the US yields fall in preparation for a rate cut. On the contrary, they endorsed the idea of a...

Fed Key PointsThe Federal Reserve’s FOMC left interest rates unchanged in the 5.25-5.50% range, as expected The median FOMC member now expects 3 interest rate cuts in 2024 and 4 more in...

Emini daily chart The S&P 500 Futures Bulls are getting an upside breakout on the daily chart. The target for the bulls is the July high which is 4,735.75. The market has been Always In Long...

Dollar pressured from in-line CPI report as stocks extend rallyBut Fed rate cut expectations pared back slightly ahead of new Fed dot plotFed to kickstart central bank bonanzaMarkets upbeat after CPI...

Gold Is Near a Three-Week Low as Investors Await Fed's Interest Rate DecisionThe gold (XAU) price initially rallied towards 1,996 yesterday, as the U.S. core Consumer Price Index (CPI) aligned with...

US headline inflation fell to 3.1% as expected, thanks to an almost 9% fall in gasoline prices since last year, although shelter inflation – which is where everyone sees the biggest potential...

Here's what makes the US inflation CPI report important

The UK labour market is cooling, showing an increase in claims from claimants. In addition, wage growth is slowing. The data provided further evidence that the UK economy has moved into a new phase of...

US inflation numbers enter the spotlight ahead of the FedHeadline CPI rate expected to tick down, core to hold steadyYen extends slide on more BoJ-related reports, rebounds todayWall Street climbs to...

In October, the markets were down 10% from the July high, bond yields were touching 5%, and talk of a coming recession was rampant. What happened?Interestingly, a Wall Street axiom says, “Sell...

The eagerly awaited release of CPI and Core CPI figures today is crucial, especially during a bullish market phase. Today's data release will also decide the year-end rally's fate. Anticipated...

Gold Drops to a Three-Week Low Ahead of the U.S. CPI ReportThe gold (XAU) price plunged by over 1% on Monday, reaching a three-week low as traders repositioned ahead of the crucial U.S. inflation...