Market Overview

Well the “index huggers” hurled their positions quickly, didn’t they! Some bad jobs numbers. A rally in the Japanese yen. And it was sayonara, SPY. The financial “squares” use blunt instruments. When...

Markets continue to recover led by the Nikkei 225 index BoJ comments result in yen underperformance Light calendar again today, focus on geopolitics Kiwi benefits from strong labour market data The...

Gold Dips Amid US Dollar Gains on Recession Fears Gold (XAU) slipped below $2,390 on Tuesday as the strengthening US dollar (USD) and rising bond yields put downward pressure on the metal. Investors...

While Monday’s massive stock selloff produced one of the worst days for the markets in two years, it also created an opportunity for investors to find good value stocks. On Tuesday, it appears the...

US stock market crash season is underway. Every year I urge equity investors to sell out of the stock market on Aug 1… to avoid what can be life-changing carnage. The season ends 90 days later, on...

Gold prices rebounded above $2,400/oz after a dip to $2,364/oz, showing resilience despite a strengthening US Dollar. Gold benefits from expectations of more aggressive rate cuts and its safe-haven...

Markets have been bleeding tremendously over the past few days. Yesterday's murderous trading session ended with the S&P 500 and Nasdaq plunging 3% and 2.96% respectively. A total of $907b was...

Slightly more positive tone in equity markets today Fear of recession fuels Fed rate cut expectations Light calendar today, focus on data during Asian session RBA remains hawkish, considers rate...

US stocks took another hit yesterday as the carry trade unwound and the effect was felt in Japan when the Nikkei 225 plunged. Since then, the Nikkei has rebounded 10.2%, almost erasing the 12.4%...

We just witnessed one of the biggest market panic events ever seen in the last 4 decades. At some point, Asian markets were down 10%+ in a single session and the Japanese bank index saw the largest...

The Sahm Rule is getting airplay, but Sahm is not what I am, it is just one non-exceptional and somewhat lagging indicator of the coming recession. “We are pointed toward recessionary...

A global market selloff unfolded today, with the Nikkei 225 index suffering its largest one-day decline in over 40 years. Taiwan and South Korean equities were tagged for more than 8% in a sea of red...

Disappointing US jobs data push dollar off the cliff Yen extends rally as fears over US economy mount Stocks drop, VIX rallies to levels seen more than a year ago NFP Report Disappoints, Rate Cut...

Gold Declines From Record Highs Despite Falling US Dollar and Treasury Yields The gold (XAU) price retreated from record highs on Friday despite declining US dollar and Treasury yields. This movement...