Market Overview

In August, the BLS revised 2024 employment growth lower by 818k jobs in its preliminary revision of its Current Employment Statistics (CES). Despite the substantial revision, more reductions to the...

Fed expected to cut, attention to fall on the dots. BoJ could stand pat but signal more hikes at the turn of the year.  Sticky UK inflation keeps pound supported ahead of BoE.  Will the Fed Deliver...

The FOMC meeting today is highly anticipated due to uncertainty surrounding future US monetary policy. Markets expect a 25 bps rate cut today and a slower pace of easing in 2025 due to...

FOMC Meeting Key Takeaways Traders and economists confidently expect the Fed to reduce interest rates by 25bps to the 4.25-4.50% range. The Summary of Economic Projections and any Powell comments...

It was another weak day for the markets. The S&P 500 closed lower by 39 basis points, but the weakness was more pronounced in the RSP equal-weight index, down 80 basis points. The Dow dropped for...

Gold Dips as Investors Anticipate Gradual Rate Cuts by the Fed Gold (XAU/USD) price dropped by 1.23% on Tuesday due to the strengthening US dollar (US Dollar) and rising Treasury yields as investors...

Total (EPA:TTEF) retail sales for November came in better than expectations, now $724.6 billion and another record high. Retail sales are now +38% above the pre-COVID high. Novembers gain came in at...

S&P Emini market analysis Emini daily chart  The Emini is in a tight trading range on the daily chart and, therefore, a neutral market. Traders should assume that the probability is close to 50%...

The Federal Reserve’s last rate decision of the year is this week, and another rate cut is on the horizon. The market is pricing in a 97% chance of a 25 basis point cut, so that’s pretty much...

Its a busy week; we have the Fed, Bank of Japan, and Bank of England meetings, but all eyes will be on the Fed, which is expected to cut rates. Speculators are debating whether this could be a...

The US Dollar Index is up over 6% this year, almost all attributable to a post-election surge. As many developed nations show stagnant economic growth or even contraction, the U.S. economy continues...

US retail sales on the agenda today, but Fed rate cut looks secure. Dow Jones experiences its longest negative daily streak since 2018. Government crisis in Canada; Loonie could get a respite from...

Gold moves sideways ahead of the US interest rate decision Gold (XAU/USD) held above the $2,650 support level on Monday ahead of the Federal Reserve (Fed) interest rate decision as market...

Last Thursday, we wrote, "After today's PPI, we won't be surprised if Fed officials plant a story in The Wall Street Journal over the weekend titled something like "Fed Officials Might Vote To Pause...