Market Overview

Today's NFP Data May Define the Gold Trend The gold (XAU) rose by 0.87% on Thursday as the US Dollar Index (DXY) weakened after a softer-than-expected US Jobless Claims report. Yesterday's Jobless...

Stocks finished the day flat ahead of the job report, which seems to be coming ahead of a lot of back-and-forth as to whether the job market is crumbling or not. I have a feeling that is not going to...

As widely expected, the European Central Bank (ECB) announced a 25bp rate cut when it met yesterday, but raised its inflation target for this and the next year, warned that the road for easing...

ECB expected to follow in BoC’s footsteps and cut by 25bps Fed rate cut hopes rise despite upbeat ISM services PMI Dollar mostly steady, stocks surge higher ECB set to deliver this week’s second...

The data from the US yesterday was mixed: a softer-than-expected ADP read and a stronger-than-expected ISM services data marked the session. According to the data, the US economy added 152K new...

That America is mired in a crisis of competence appears to be yet another issue that can't be addressed directly as it might upset the narrative control that all is well and everything is getting...

Credit card and auto loans are increasing the risk on bank balance sheets. The largest holders of these loans include JP Morgan, Citibank, and Capital One. You have to engage in due diligence...

Soft US data continues to pile up, boosting Fed rate cut bets But dollar on steadier footing ahead of ISM services PMI Bank of Canada expected to cut rates today, loonie slips Oil slide deepens,...

In the world of investing, success often comes from understanding what not to do as much as what to do. Inspired by the philosophies of investing legends Warren Buffett, Charlie Munger, Peter Lynch,...

Gold Moves Sideways, Awaiting the NFP Report XAU/USD has been moving sideways since 24 May within the 2,320.00– 2,360.00 range. The pair fell by 1.01% yesterday. Gold is awaiting any details on the...

It is becoming increasingly clear that someone is offside; it’s just a matter of who. I know talking about credit spreads and implied correlations, and the Mexican peso is not en vogue or as hot as...

Shocker! The exit polls were completely wrong in predicting the outcome of the Indian election. Not only that Narendra Modi’s BJP couldn’t secure a landslide victory in the latest elections – as it...

Sell in May and go away didn't work in 2024. Lets take a look at June seasonality and how it affects stocks, gold and the US Dollar

The performance outlook for the Global Market Index (GMI) ticked higher again in May. For the fourth straight month, GMI’s long-term forecast edged up, rising to an annualized 7.1% pace, which is...