Market Overview

Nasdaq has broken resistance, Bitcoin gaining too. Bitcoin/risk assets are scheduled for a seasonal boost. (but) Volatility season is not over yet. Election is set to deliver a binary...

In times of disaster and destruction, a common narrative often emerges that rebuilding efforts will lead to economic growth. The idea that repairing damage and replacing destroyed goods creates jobs...

Bank of Canada meets; may opt for bigger 50-bps cut October flash PMIs to set the mood amid some growth concerns A relatively quiet week otherwise, with mostly second-tier releases BoC to Likely...

Recent economic data has lifted CapitalSpectator.com’s median growth estimate for the upcoming third-quarter GDP report. Using a variety of sources to generate a median nowcast, today’s revision...

ECB cuts rate, keeps door wide open to a December move Euro suffers as US retail sales surprise on the upside Focus today is on Fedspeak and in particular Fed’s Bostic Gold surpasses $2,700 as China...

Gold Renews All-Time Maximums Gold (XAU/USD) gained 0.71% on Thursday, reaching record highs as expectations for a more accommodative monetary policy from major central banks and a slight decrease in...

FOMC November Meeting Key Points After a surprisingly strong couple of weeks of US economic data, traders are starting to wonder if even a 25bps-at-each-Fed-meeting pace may be too much for rate...

The European Central Bank (ECB) lowered its interest rates by 25bp yesterday, in a widely expected and priced in move. Chief Christine Lagarde highlighted that inflation is coming under control,...

ECB meets but unlikely to reverse euro’s recent trend Both the dollar and US stocks are in a good mood Netflix reports today after TSMC's massive profit jump Gold and bitcoin in demand, oil craves a...

The EUR/USD took out the 200-DMA support yesterday and extended losses to 1.0850 level ahead of today’s European Central Bank (ECB) decision. The ECB is expected to lower its rates by another 25bp as...

Gold Hits Record Highs on Expectations of Rate Cuts From Major Banks Gold (XAU/USD) reached record highs following expectations of rate cuts from the major banks. Gold climbed towards approximately...

Cable is trading at the lows after UK CPI data softened more than expected, to 1.7% y/y as figures showed yesterday. his gives the Bank of England room for more rate cuts, potentially weakening Cable...

The US economy continues to defy the recession forecasts that received much attention in the summer. The primary drivers of economic resilience: strong growth in payrolls and consumer spending. By...

Chip stocks hit by selloff after ASML cuts 2025 guidance Dollar stretches gains as pound and kiwi fall on lower inflation Oil steadier amid ongoing ME drama, gold heads towards fresh record Chip...