Market Overview

Gold Continues its Downward Correction Gold (XAU/USD) continued its downward correction, falling by nearly 1% yesterday. XAU/USD broke below multiple support levels, and now the support level at...

US inflation came in parallel to expectations, confirming that headline inflation in the US stagnated near 0.3% level for a third month, the yearly figure rebounded from 2.4% to 2.6% as expected,...

As reported yesterday, October inflation rose 0.2% from a month ago, the same monthly pace as July, August, and September as inflation is finding its balance.  Despite the fairly steady monthly pace...

On Wednesday, the Bureau of Labor Statistics released the latest Consumer Price Index (CPI) report for October. Following the trend of the last three months, the inflation rate increased 0.2% on a...

CPI came in as expected yesterday, but that didn’t stop long-end rates from rising, with the 30-year up six bps and the 10-year up two bps. The dollar index also continued to melt up after the data,...

US Treasury yields spike, driving USD/JPY higher and precious metals lower Bond market volatility intensifies as traders demand more compensation Long-dated yields surge while short-dated yields...

We saw a small move up in the precious metals sector (and then back down), which is completely in tune with what I wrote yesterday, and as such, it doesn’t change the outlook. Indicators of a...

I said two months ago that I didn’t think the Fed should ease, but they would anyway. And they did, by cutting overnight rates 50bps. Then last month I said: “Getting rates back to neutral, around...

Markets take a breather as Trump assembles his team Focus turns today to US inflation and Fedspeak  Germany prepares for snap election, euro on the back foot Yen underperformance continues,...

The closely watched U.S. October CPI report comes out today. Headline annual inflation is seen rising 2.6% and core CPI is forecast to increase 3.3%. Investors should brace for possible market...

Like Icarus, the stock market may be flying too close to the sun these days. The mood seems euphoric, with many headlines calling for further gains and analysts’ price targets reaching absurd levels....

US Inflation Report Could Influence Gold Prices Gold (XAU/USD) has been in a downward trend for the past three days. On Tuesday, XAU/USD declined by 0.8%, continuing a significant correction. The...

The US yields pushed higher and the US dollar rally gained further momentum yesterday, as investors continued to surf on the idea that Donald Trump’s pro-growth policies and tariffs would boost...

Despite recession concerns, economic growth showed resilience, while equities retreated in October and inflation continued its slow decline. Nuclear energy was poised to power the future of AI, while...