Market Overview

Gold Trades Near Three-Week Highs Ahead of the Critical PCE ReportThe gold (XAU) price increased 0.80% on Thursday due to a drop in U.S Treasury yields as investors continued to bet that the Federal...

Appetite in European stocks waned yesterday, yet the US counterparts recovered Wednesday losses and closed the session more than 1% higher as the latest growth data was revised slightly lower to 4.9%,...

Stocks finished the day higher by around 1% yesterday, rebounding some from Wednesday's sharp sell-off; this made it an inside day.We have often seen inside days when the day following a big move is...

“Rally Over or Just Beginning?” Stock Market (and Sentiment Results)… Short Term Pain (maybe)? Yesterday’s sell-off in equity markets coincided with another weak Treasury...

Dollar gains, but investors still expect sharp Fed rate cutsFocus turns to tomorrow’s core PCE inflation metricYen recovers ahead of Japan’s national CPI numbersSharp (OTC:SHCAY) sell-off...

Gold Is Trading Sideways as Traders Await More Clues on U.S. Monetary Policy PathGold (XAU) price dropped by 0.54% on Wednesday during a surprisingly quiet trading session. Yesterday, the trading...

We start feeling the cracks in market optimism: the bonds extended their rally yesterday after the inflation data in Britain surprised to the downside, but major US indices saw a sharp retreat. A 12%...

Oil prices have rallied this week on concerns over supply disruption in the Red Sea. WTI is showing early signs of reversing off bearish trend line resistance. USD/CAD is oversold at 4-month lows, but...

o    The S&P 500 Futures formed a strong bull trend bar yesterday, closing near its high. o    The market is around 140 points away from the...

Inflation in the UK fell abruptly to 3.9% in November, the lowest since September 2021. Inflation in the UK surprisingly fell more than anticipated to 3.9% in November, marking the lowest reading for...

Markets are becoming increasingly confident that the Federal Reserve will start cutting interest rates in 2024. The first cut is expected at the March 20 monetary policy meeting.Fed funds futures are...

Gold Continues to Move Higher as Traders Await Key U.S. Economic DataGold (XAU) price rose 0.65% on Tuesday as the US Dollar Index (DXY) weakened and Treasury yields went down. Investors are buying...

Dow Jones and Nasdaq 100 cruise to new record highs British pound drops as inflation cools off, yen stabilizesSupply concerns lift oil prices, gold gains some groundParty on Wall StreetIt’s been...

U.S. stocks are on track to end 2023 on a high note amid bets the Fed is all done raising interest rates. 2024 is just around the corner, and despite the upbeat mood, a plethora of risks loom ahead...