Market Overview

Gold refuses to decline as central bank demand remains in playDrop in oil prices hits Canadian dollar, Tesla (NASDAQ:TSLA) earnings disappointFocus turns to onslaught of Fed speakers and Japanese...

Oil’s worst slide in a month as demand concerns grow Surging yields weigh on gold Binance had a 16,000 bitcoin sell order before the 4 am plunge OilOil prices declined as the dollar rebounded...

Another day began with another major bank surpassing Wall Street’s earnings estimates.Today’s results came from Morgan Stanley (NYSE:MS) (MS), the last of the “big banks” to...

Inflation remains a major concern for central banks and recent data highlights how far there is to go, something policymakers will be hoping changes very soon.A major headache for the Bank of...

In yesterday’s post, I profiled my thinking on the big-picture outlook for estimating the risk associated with the debt-ceiling battle that’s brewing in Washington. To round out this...

The US Federal Reserve could soon deliver the last hike of the current cycle. While United States 10-Year yields have seen their peak already, it will need the imminent prospect of rate cuts to...

Hot UK inflation print adds fuel to BoE rate bets, lifting poundYen gets scorched by revival in US yields, but dollar can’t rallyStock markets in cheery mood ahead of Tesla (NASDAQ:TSLA)...

Earnings season accelerates from zero to 60 this week—with 60 S&P 500 companies expected to report between now and Friday.Things are off to a roaring start. Of the names that were reported...

The vast 'cash hoard of 2023' has the bullish media salivating about what it means for the future of equities. That cash hoard in money market funds now exceeds $5.2 trillion.Such has brought...

Markets are still waiting for the data smoking gun that proves that a recession is coming and that inflation is a problem of the past. Until then, rates should continue to rise toward the top of their...

China released a large set of statistics this morning from which it's difficult to draw clear conclusions, although GDP growth was stronger than expected.The Chinese economy grew by 2.2% in the first...

Strong Chinese GDP data calms but does not quell fears about growthAsian stocks mixed, European shares climb, higher yields weigh on Wall StreetDollar off highs, pound and aussie lifted by UK jobs...

We’re seeing relatively flat trade again on Tuesday amid mixed economic data from China overnight.The world’s second-largest economy grew by 4.5% in the first quarter as it emerged from...

The debt-disabled U.S. economy cannot withstand the surge in borrowing costs, and the reduction in money supply growth necessary to combat the record-high inflation suffered over the past few...