Market Overview

Gold Faces Challenges as the US Dollar Strengthens Gold (XAU/USD) dropped by 0.79% as the US dollar (USD) and Treasury yields increased after Federal Reserve (Fed) Chair Jerome Powell's dovish...

Nvidia (NASDAQ:NVDA) generated a record $30bn in sales in Q2 – up by 122%, the profits surged 166% to $16.6bn. The company said that it expects to sell $32.5bn in the current quarter (more than...

Dollar pauses slide as jobs and inflation data awaited Yen pulls back but hawkish BoJ signals keep it elevated Wall Street awaits Nvidia (NASDAQ:NVDA), oil retreats on demand worries Dollar Awaits...

Gold Rises on Mixed US Economic Data Gold (XAU/USD) rose by 0.26% on Tuesday after US macroeconomic reports revealed mixed data. The Conference Board's US Consumer Confidence Index reached a...

The 10yr-2yr Yield Curve is poised to un-invert under disinflationary, possibly coming deflationary pressure We know the story. A disgusting virus spread across the world, terrorizing society into...

If a recession in the US has started or is imminent, the threat has yet to show up in the latest run of nowcasts for third-quarter GDP. That’s no guarantee that the economy will continue expanding,...

Gold Price Remains Elevated Amid Rising Tensions and Rate Cut Hopes The gold (XAU/USD) price rose 0.19% yesterday and continued to trade near all-time highs as safe-haven demand increased due to...

The week started with mixed feelings. The rising geopolitical tensions in the Middle East, and between the West and China, and a pullback across the big technology stocks cast a shadow on the...

There’s a lot of controversy over AI. The passion of those for and against its propagation is almost religious in nature, with zealots and heretics. The zealots believe that AI is a revolutionary...

Last week, before she accepted the Democratic Party’s nomination for president, Vice President Kamala Harris threw her support behind President Joe Biden’s tax proposals for 2025, which include a...

Fed Chair Powell’s speech in the Jackson Hole symposium has cemented the expectations of a Fed funds rate cut in the upcoming September FOMC meeting. The uncertainty element is the magnitude and the...

Powell says the time has come for rate cuts, pushing yields and the dollar lower But cautious rally in stock earnings, and inflation data awaited Oil jumps amid fresh escalation between Israel and...

Gold Hovers Near Record Highs After Dovish Powell's Comments Gold (XAU/USD) traded close to record levels after Federal Reserve (Fed) Chair Jerome Powell's dovish comments at the Jackson Hole...

The US dollar, also known as the "greenback," plays an important role in the world economy. Its value impacts everything from international trade and investment to the prices consumers pay for goods...