Market Overview

The barrel of US crude tumbled almost 4% to nearly $65pb level, as Brent crude slipped below the $70pb mark after OPEC – which is normally optimistic - lowered its demand forecast for the second time...

Over the weekend I showed you a weekly chart of Bitcoin. That chart showed how clutch this week would be for the coin as the price held the 50-week moving average and needed to continue to do so. For...

Is the major recession many analysts have predicted now upon us? Early last week, it seemed likely: Unexpectedly, unemployment in the United States surged, triggering a historically reliable...

In the UK, jobless claims rose by 23.7K in August, much better than the 95.5K expected and the 102.3K rise in the previous month. This is relatively positive data as it suggests that the rate of...

The Australian dollar continues to have a quiet week. AUD/USD is trading at 0.6671 in the European session, up 0.17% today at the time of writing. With the Australian economy sputtering, it should...

Tomorrow’s update on US consumer inflation for August isn’t expected to derail expectations that the Federal Reserve will cut interest rates next week, but the disinflation trend of late looks set to...

The yield curve's longest inversion in history ended recently. Despite many predictions, a recession did not follow the inversion. This captures a valuable lesson for investors. For less than $9 a...

European and US stock futures are trading mixed, while investors are paying close attention to economic numbers from China and Europe. Over in Europe, we saw the German Final CPI m/m number matching...

Equities turn positive, but sentiment is fragile US presidential debate today could prove market moving UK labor market data supports the pound Bitcoin gains as risk sentiment improves, gold is...

The European and US indices rebounded on Monday, though the rebound was probably not based on high conviction, but looked more like the correction of last week’s decent selloff. The European Stoxx...

The major difference between Gold and Bitcoin is the way these assets are mined, produced, and stored. Thus, the way Gold and bitcoin are mined and stored affects their future value. Very few Bitcoin...

The U.S. economy could be heading into choppy waters, and investors may be wise to buckle up. Recent data suggest that storm clouds could be gathering, with declines in U.S. manufacturing, a...

So yes, that’s exactly what happened. Record Weekly Decline Not Seen Since May 2022 The GDXJ closed the weekly with a record (nominal) decline – that we haven’t seen since May 2022. The above chart...

US jobs report adds to slowdown fears but provides no clarity about Fed policy Dollar whipsaws while stocks tumble as ‘September effect’ takes hold But risk sentiment improves ahead of US CPI report...