Market Overview

The current lineup of US GDP nowcasts for the third quarter continue to indicate a softer but still solid growth rate. Wall Street is wondering if the upcoming payrolls report for August will change...

Equities remain on the back foot as key US data on the menu today ADP, jobless claims and ISM Services could prove market moving Dollar’s mixed performance continues, yen benefits OPEC+ production...

Gold (XAU) Rises on Soft US Employment Data Gold (XAU/USD) rose slightly on Wednesday as the US dollar (USD) dropped following a weaker-than-expected US JOLTs Job Openings report. JOLTs data showed a...

Stocks ended the day mostly flat, resembling a pause. It wouldn’t be surprising to see the market trade lower today, ahead of the payroll report, which is due tomorrow. Implied volatility will likely...

US equities remained under pressure yesterday after the JOLTS report revealed that the US job openings unexpectedly fell further in July to the lowest level since 2021. The factory orders on the...

Fed fund futures suggest a 40% chance of a 50bps September cut Powell’s Jackson Hole speech adds importance to jobs data US employment report scheduled for Friday at 13:30 GMT Investors See...

Yen and franc gain, aussie the main loser Wall Street tumbles on risk-off September start ISM mfg. PMI rekindles economic concerns Oil collapses on prospect of Libyan accord Risk Aversion...

We expect the Fed rate cut cycle to start soon and proceed gradually. Barring a financial crisis or a sharp and unexpected change in the path of inflation or unemployment, the upcoming rate-cutting...

September has just started and is already living up to its reputation of being the toughest month of the year for stocks. The stock market sold off after the open and August's weak M-PMI report was...

Stocks fell sharply yesterday, with the S&P 500 down more than 2% and the Nasdaq 100 dropping 3.15%. These declines aren’t entirely unexpected, and some of the drop is due to the end-of-day surge...

September began on an ugly note, to say the least. The US equities tumbled after the latest ISM data showed a fifth month of contraction in the US manufacturing, and at accelerated pace. The latter...

The next Fed meeting and interest rate decision is scheduled for September 18. Analysts in both the gold and mainstream investing communities feel that rate cuts should have already happened, and the...

Markets are preparing for an action-packed week The US dollar is on the front foot following the bank holiday The focus turns to the ISM manufacturing survey today Gold drops, oil recovers but...

Gold Declines Amid Stronger US Dollar and Rising Treasury Yields Gold (XAU/USD) declined by 0.21% on Tuesday, weighed down by a stronger US dollar (USD) and rising US Treasury bond yields. Gold...