Market Overview

Core PCE inflation to test bets of two Fed rate cuts in 2024 Yen awaits BoJ Summary of Opinions, Tokyo CPI Canadian CPI data also enters the spotlight Will PCE Data Confirm Fed Rate Cut...

Dollar stands tall after SNB cut and BoE’s dovish hold Yen enters the intervention zone as Japan’s underlying inflation falls Euro slips on weak PMIs, US PMIs next in focus Nasdaq tumbles as Nvidia...

Gold Is Rising After News From the Middle East At the close of yesterday's session, the XAU/USD pair rose by 1.36%, showing the largest daily growth in the last month. The price broke through the...

On June 10, 1752, almost exactly 272 years ago, Ben Franklin helped prove that lightning is a form of electricity that could be harnessed. Fast forward to 2024, with electricity in high demand, we...

The Swiss National Bank (SNB) cut its rate by another 25bp yesterday. The latest uptick in inflation didn’t bother the Swiss policymakers who considered that inflation remains in check in...

As we approach the halfway mark of 2024, I figured it’d be constructive to check in on the results of this year’s record-breaking elections. The numbers are particularly striking: Approximately 4.2...

Back in action with a full US data calendar and Fedspeak BoE meets but unlikely to produce headlines SNB cuts rates and remains willing to intervene in FX markets Yen underperforms as Japanese...

Gold Is Rising Ahead of US Jobless Claims On Wednesday, the exchange rate of XAU/USD experienced fluctuations between 2,325 and 2,335 due to the absence of significant reports. Prior to the close of...

We could see pressure building for additional monetary tightening in some APAC economies in the coming week. Meanwhile, North Asia (ex-China) delivers the monthly activity data dump which should show...

Recession talk for the US is on the march again. Although there’s still room for debate on the near-term business-cycle outlook, some indicators are highlighting decelerating growth that could be the...

Risk appetite buoyed by signs of weakening US consumption Wall Street closes at record highs ahead of US holiday, oil also rallies Pound edges up as services CPI remains sticky despite drop in...

Gold Remains in Uncertainty The XAU/USD pair has been trading within a sideways range of $2,300.00—$2,333.00 since the start of the week. Yesterday, it saw a modest increase of 0.45%. The US retail...

Core and Median inflation continue to decline. This is not really a surprise; since early 2023 the clear direction has been to lower inflation. The debate has not been about whether inflation was...

Nvidia (NASDAQ:NVDA) finally stole the title of the world’s most valuable company from Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) yesterday following a beautiful 3.5% rally that propelled the...