Market Overview

The US was supposed to be in recession by now, according to numerous forecasts from early in 2023. But the bearish forecasts have fallen flat as output has remained positive. GDP surged in the third...

US job openings fall to lowest in more than 2-1/2 yearsTreasury yields slide, but dollar extends recoverySchnabel points to end of ECB’s tightening crusadeGold becomes attractive again after...

Gold Attempts to Rebound After Declining for Two DaysOn Tuesday, the gold (XAU) price declined by 0.51% and stabilised around the 2,020 mark following the release of mixed U.S. macroeconomic...

After hiking rates by 5.25% since March 2022, the Fed is in a wait-and-see period, commonly deemed a pause. Since the Fed started hiking rates, inflation has declined meaningfully but remains...

Stocks finished flat, with the S&P 500 falling just six bps. Most of the weaknesses yesterday came in the equal-weighted S&P 500, with the RSP ETF falling by almost 85 bps.Meanwhile, we saw...

The central bank doves are forcefully back following a significantly lower-than-expected US JOLTS print, and on the back of a surprisingly dovish comment from an otherwise… hawkish Isabel...

Gold reverses lower after leaping to record highsDollar recovers, turns to ISM survey for directionStock markets pull back, led by big tech sharesGold loses altitude The world’s oldest...

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...

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...

Investor sentiment continues to rise and is increasingly outperforming its historical average (48.8% vs. 37.5%). November was not only very good for the stock markets but also for the 60/40...

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...