Market Overview

Friday the market woke up to great news.Mission accomplished on inflation. Yahoo Finance reported: “The Fed's preferred inflation measure — a "core" Personal Consumption Expenditures index...

@NeilKSethi over on X is a prolific contributor of economic and market data every day. The man truly works hard at his task.Neil posted the above graphic in the last few days. While I understand the...

The FOMC meeting will take place on 30–31 January 2024, some of the key dates traders mark on their calendars. The market expected the Fed to keep rates at 5.25–5.50%, but the FOMC has...

The only thing that was genuinely surprising in yesterday’s fourth-quarter report on US economic activity was the strength of the increase.The positive directional bias, by contrast, has been...

Euro trades lower as ECB downplays inflation threatDollar gets a minor boost from US GDP, slowing inflation bruises yenStocks hit new records, but futures drop on disappointing earnings ECB fails to...

America continues to release strong macro data, with a fresh batch of GDP and New Home Sales figures coming above expectations, supporting dollar-buying interest late in the day.The US economy...

Gold May Drop Below 2,000 Due to Shifted Expectations of a Rate Cut by the FedOn Thursday, the gold (XAU) price rose, driven by a decline in US Treasury yields after Gross Domestic Product (GDP) data...

The EUR/USD traded south yesterday, as the European Central Bank (ECB) Chief Christine Lagarde reckoned that growth and inflation are slowing while insisting that the rate cut decision will be data...

A lot of people thought I was crazy for adding a cryptocurrency allocation to a safety-oriented portfolio. But as I explained at the time, adding more types of assets – including a highly...

Marvell Technology (NASDAQ:MRVL) is a fabless semiconductor company based in Bermuda. It is a global provider of silicon solutions for data storage, communications, and consumer markets,...

Crocs (CROX) is a Colorado-based footwear company that was founded in 2002 and has two well-known brands, Crocs (NASDAQ:CROX) and HEYDUDE. Analyst projections are conservative. But Crocs could do...

Driven by robust consumer spending, US GDP grew faster than anticipated in Q4 2023. The US gross domestic product (GDP), a key indicator of economic growth, grew slower in Q4 than the previous...

“Proud Mary” is a song by American rock band Creedence Clearwater Revival written by John Fogerty. It was released as a single in January 1969 by Fantasy Records and on the band’s...

Euro drifts ahead of ECB decision, dollar awaits US GDP dataGold retreats as solid business surveys dampen rate cut bets Tesla (NASDAQ:TSLA) earnings miss estimates, Chinese stocks bounce backECB to...