Market Overview

Gold Fails to Hold Above 2,000 for the Third DayThe gold price increased slightly in the quiet trading session on Thursday as the US dollar declined during the Thanksgiving holiday. XAU/USD rose by...

In the 1995 film, Home for the Holidays, family reunions are explored.Using both drama and comedy, the film illustrates how we outsiders looking in never really know the love and the madness that goes...

While the US economy has been surprisingly resilient this year to the Federal Reserve’s (Fed) aggressive monetary tightening, we cannot say that we have a similar soothing picture in Europe. The...

Oil plunges on OPEC+ meeting delay, sparking rally in US dollarBut dollar resumes decline today as rivals advance on easing gloomStocks mostly positive in holiday-thin tradeOil prices whipsaw on OPEC+...

Gold Corrects Slightly But Remains in the UptrendThe gold (XAU) price dropped by 0.43% on Wednesday after higher-than-expected Michigan Consumer Sentiment Index figures. A technical rise of the US...

Today’s Trade Ideas: Looking back, my EUR/USD buy levels were a bit confusing yesterday with the second buy level just 10 pips below the stop of the first level. However, the message was clear...

The minutes from the Federal Reserve’s (Fed) latest monetary policy meeting showed that the Fed members agreed to ‘proceed carefully’ with their future rate decisions. Carefully...

There was a government-spending-fuelled burst of economic activity in the US during the third quarter of this year that led to a high GDP growth number being reported for the quarter, but signs of...

The USD is down across the board with US yeilds, while stocks are trading higher, but today we will got a release of the FOMC minutes, so its a delayed information from November 1st, meaning that...

Gold Is Approaching 2,000 as FOMC Minutes Are Expected to Be DovishOn Monday, gold (XAU) price dropped to 1,965 but later recovered sharply on the back of falling U.S. Treasury yields. XAU/USD has...

The US bonds extended their rally after a relatively strong US 20-year bond auction. The US 20-year yield tanked to 4.70% from 5.40% back in October. The US 10-year yield slipped below 4.40%, while...

Liquidity in the primary dealer Treasury market is drying up. Deposit outflows from the big banks continue unabated. The outflows at the small, regional banks have abated but some banks continue to...

The market is currently discounting a soft landing for the economy and this should continue into 2024. However, there is a rising risk that turns to recession or stagflation in 2024.

Market Overview: Emini FuturesThe S&P 500 Emini Strong Bulls formed 3 consecutive bull bars closing near their highs, breaking far above the 20-week EMA and the bear trend line on the weekly...