Market Overview

The People’s Bank of China (PBoC) has unveiled a stimulus package aimed at boosting economic growth. Key measures include a cut in the 7-day repo rate, a reduction in the required reserve ratio...

Last week, the Federal Reserve made a significant move by cutting its overnight lending rate by 50 basis points. This marks the first rate cut since 2020, signaling the Fed is aggressively supporting...

Fed cuts by 50bps, sees another 50bps by December Investors turn more dovish, which implies upside risks Focus turns to PCE inflation due out on Friday at 12:30 GMT Some Investors Expect a...

Gold (XAU/USD) hovered near record highs on Monday despite higher-than-expected US Composite Purchasing Managers' Index (PMI) figures. The S&P Global Flash US Composite PMI dipped from 54.6 in...

So far, September isn't living up to its bad reputation for the stock market now that the S&P 500 and the DJIA are at record highs. At the start of the month, on September 2, we asked, "What...

As the Fed pivot starts with a 50-basis-point slash, the bond market expects more to come, and gold should benefit. Meanwhile, the risk of a second inflationary wave isn’t dismissed, and the Nasdaq...

The US is a tranquil island in a sea of troubles. Geopolitical turmoil poses a threat to the continued prosperity of the US. Like Hamlet, American foreign policymakers need to answer the following...

Support from the world’s major central banks, and the dovish expectations continue to rise this week. After lowering its 14-day reverse repo rate yesterday, the People’s Bank of China (PBoC)...

From time to time, I like to point out errors that we make because we think in nominal space, or because we had 25 years of inflation being so low that we didn’t have to think about it very much. I...

Gold is not doing much today, but silver has already invalidated its breakout. The US Dollar Index is poised for a rally. Perhaps VanEck Junior Gold Miners ETF (NYSE:GDXJ) will do the same...

Eurozone PMIs dip into contraction zone, euro takes a dive Stocks mixed as weak PMIs offset optimism about China stimulus Dollar edges up as after Waller comments; Powell and PCE inflation eyed...

Summary & Key Takeaways: Though above target, inflation has cooled sufficiently to support front-loading of rate cuts by the Fed. Business cycle lead indicators remain neutral to favourable, so...

The financial media appear to once again be leading the public astray about the Yield Curve situation. The media pounded and pounded the yield curve’s inversion as a signal about an imminent economic...

Gold Sets a Record High, Driven by Global Factors Gold (XAU/USD) reached a record high of $2,620 on Friday, supported by global factors. Gold hit a record high on Friday, bolstered by a weakening US...