Market Overview

In the previous meeting, Canada's central bank kept its key interest rate at 5%. The current interest rate is unsustainable for Canadians, and it seems evident that the Bank of Canada will keep the...

Gold Falls Sharply After Hitting an All-Time HighOn Monday, the gold (XAU) price initially surged above 2,100 and set a new all-time high but then declined sharply by 2%, eventually closing near...

US yields rebounded and major indices sold off yesterday as markets have priced in a beyond-reasonable amount of rate cuts from the Federal Reserve (Fed) for next year based on a soft-landing...

US jobs report the next major event Powell hints at less hawkish Fed view JOLTS, ISM and jobless claims eyed The next couple of weeks could be massive for financial markets going into 2024, with a...

Market Overview: S&P 500 Emini FuturesThe market formed an Emini strong reversal on the Monthly chart, reversing the majority of the selloff of the prior 3 months. The next targets for the bulls...

The Gold Price Hits a New All-Time HighOn Friday, the gold (XAU) price recorded its largest daily gain in almost two months, surging by 1.73% as market participants considered the latest Jerome...

Who are the biggest whales in the bond market?If you go around and ask this question, most people would tell you that’s either the Fed or foreign Central Banks like the Bank of Japan or the...

The Federal Reserve (Fed) President Jerome Powell pushed back against the rate cut bets at his speech given in Atlanta last Friday. He is of course playing the card of ‘high for long’...

I previously discussed a slate of recessionary indicators with high correlations to recessionary onsets. However, as we head into 2024, many Wall Street economists predict a “soft landing”...

US dollar softer ahead of Powell as US inflation and consumption coolEuro regains some posture, stocks look to stretch November gainsOil unimpressed by OPEC+ decision for deeper cuts, futures...

U.S. stocks ended November on a high note as cooling inflation boosted hopes the Fed is done hiking. December is expected to be another strong month as per recent history. Looking for a helping hand...

Gold Is Rising for the Second Month on Expectations of a Dovish U.S. Monetary PolicyThe gold (XAU) price declined by 0.43% on Thursday but remained close to seven-month highs as the Personal...

Here we are, saying thanks and goodbye to the excellent month of November for both bond and equity markets. US bonds rallied, and the bond yields melted starting from the end of October remember, and...

OANDA Senior Market Analyst Craig Erlam discusses the moves in EUR/USD in light of the inflation data from the eurozone and US. Original Post