Market Overview

Last month’s CPI had set up an uncomfortable situation for the FOMC, where too-high inflation was colliding with a Fed that had launched too soon into ease mode – for what appears to be mostly...

The CPI numbers yesterday largely came in line. But when you took a deeper look at them and rounded them out, you realize they were in line but on the hotter side of inline, meaning the...

Gold hovers near $2720 resistance after breaking above its 50DMA Silver extends rally, targeting $33.10 as momentum builds Bitcoin consolidates near $100,000, holding within its...

US core inflation posted a fourth consecutive 0.3% print, showing that progress towards the Fed inflation goal has clearly stalled. Nonetheless, the Fed’s favored measure of inflation is doing a...

The consumer price index (CPI) increased +0.3% in November, the highest monthly increase in the last 6 months. Although it was right in line with what the street was already expecting. Prices are up...

Today, suddenly, the markets are worried about deficits. The Energy Information Administration says that the world is in a slight oil supply deficit with global oil demand coming in at 103.37 million...

From 2010 through 2022, the US Energy Information Administration (EIA) calculates that global Oil demand grew by 10 million barrels per day (Mb/d). Over 60% of the demand growth was due to China’s...

The closely watched U.S. November CPI report comes out today. Headline annual inflation is seen rising 2.7% and core CPI is forecast to increase 3.3%. A "hawkish cut" scenario could emerge if CPI...

US CPI KEY TAKEAWAYS: US CPI expectations: 2.6% y/y headline inflation, 3.3% y/y “core” inflation The Fed is likely to cut interest rates by 25bps regardless of the inflation reading, though a...

Stocks finished lower for a second consecutive day, with breadth continuing to show more losers than advancers. This trend actually began sometime last week. The NYSE McClellan Oscillator has broken...

Key Statistics: Source: Bureau of Labor Statistics, US Department of Labor Release Period: November 2024     Last Release Date: November 13, 2024,    Actual: 2.6% vs Forecast: 2.6%. Previous:...

National Federation of Independent Business (NFIB) small business optimism soared in November, hitting 101.7 (the street was expecting 94.7). The index has risen for a 3rd consecutive month, and 7...

S&P 500 Emini market analysis Emini daily chart The Emini formed a downside breakout bar on Monday, as the bulls began to take partial profits and the bears began to sell. This is a warning...

The EUR/USD failed to hold ono its earlier gains on Monday, turning lower into the close. It has fallen further so far in today’s session with the European Central Bank's rate decision and key US...