Market Overview

The New Zealand dollar is slightly lower on Friday after sharp gains a day earlier. NZD/USD is trading at 0.6163 at the time of writing, down 0.27% on the day. On Thursday, the New Zealand dollar...

The labor market is clearly weakening. But in reality, this is what needs to happen. Short-term pain is needed to reconcile the great imbalances created by decades of free money. The alternative is...

The CME FedWatch tool has suggested a total of 250 bps Fed funds rate cuts through September next year, to bring the Fed funds rate to 2.75%-3.00%. An upbeat BoJ’s monetary policy statement next...

Gold prices surged to 2,570 USD per troy ounce on Friday. New record highs became possible amid the weakening position of the US dollar and declining yields on US government bonds.   Gold prices...

Today’s revised estimate of US economic activity for the upcoming third-quarter GDP report continues to point to a slower-but-still-solid growth rate, based on the median nowcast for several...

Investors are split between a 25 and 50bps Fed rate cut BoE is expected to stand pat, but resume cuts in November BoJ to also stay on hold, focus to fall on future hike signals Let the Fed Cuts...

Over the past few decades, the global landscape of technological research has undergone an unprecedented transformation. While the United States once dominated this strategic field, China has...

Gold Hit a New Record High Gold (XAU/USD) rocketed by 1.89% on Thursday. XAU/USD broke above the major $2,530 resistance level and established a new all-time high after the US reports were...

As widely expected, the European Central Bank (ECB) cut all three key benchmark rates at today’s meeting. The central bank lowered the deposit facility rate by 25 basis points to 3.50% from 3.75%;...

The electric vehicle (EV) industry is seen as a cornerstone of the Paris Agreement’s international campaign to achieve net-zero carbon emissions by 2050. After years of investing in research,...

US dollar edges up after CPI report wipes out 50-bps rate cut bets Euro stuck on the backfoot in wait for ECB decision Wall Street rebound gathers pace as tech stocks rally Mixed CPI Report...

Gold Dips After Higher-Than-Expected US CPI Report Gold (XAU/USD) fell on Wednesday after a higher-than-expected US Consumer Price Index (CPI) report numbers. The monthly core CPI unexpectedly...

USD/JPY stabilized a bit yesterday after a temporary drop to a new low below 141.77,  just before the US CPI release. After the data came out at 2.5%, the pair stabilized as US yields, highlighted in...

The European Central Bank (ECB) meets today to discuss markets and monetary policy, and we expect the ECB to lower rates by a quarter of a percent as they coordinate a global easing cycle with the...