Market Overview

"The time has come for policy to adjust, and the direction of the travel is clear" said Federal Reserve (Fed) Chair Jerome Powell at his Jackson Hole speech on Friday. He didn’t give any guidance...

Last Week, Fed Chair Powell signaled policy adjustments, emphasizing concerns about labor market weakness. The impact of Powell’s remarks on the FX space saw GBP/USD and EUR/USD reach new...

The latest retail sales report seems to have given Wall Street something to cheer about. Headlines touting resilience in consumer spending increased hopes of a “soft landing” boosting the stock...

The mid-tier and junior gold miners in this sector’s sweet spot for upside potential just finished reporting truly-spectacular quarterly results. Fueled by dazzling record gold prices and lower...

The phrase of the day on this fine summer Friday isn't from any of the politicians seeking our attention 24/7 but rather Fed Chairman Jerome Powell. Giving a highly anticipated speech at the annual...

MON: UK Market Holiday (Bank Holiday), German Ifo (Aug) TUE: CBRT Minutes, Chinese Industrial Profit (Jul), German GfK Consumer Sentiment (Sep) WED: Australian CPI (Jul), Nvidia (NASDAQ:NVDA)...

Focus stays on the Fed as PCE inflation is to be the week’s main highlight Eurozone inflation data to be crucial for ECB rate cut hopes Australian and Tokyo CPI, plus Canadian GDP also on the...

Dollar rebounds despite jobless claims increase Traders position for Fed Chair Powell’s Jackson Hole speech Yen rebounds as BoJ’s Ueda appears willing to continue hiking rates Wall Street slips as...

Leaves beginning to drop in the yard, back-to-school commercials, cooler nights, and for those working in capital markets, the annual Jackson Hole Economic Symposium are all emblematic reminders...

US stock markets sold off yesterday, as investors trimmed their long positions walking into Federal Reserve (Fed) Chair Jerome Powell’s Jackson Hole speech due later today – where he is expected to...

Advanced retail sales accelerated by 1% for the month of July, according to figures that are seasonally adjusted but not adjusted for inflation. Economists surveyed by Dow Jones were looking for a...

The economy isn’t always decisive in US presidential elections, except when it is. Think Herbert Hoover in 1932 and George H.W. Bush in 1992. Each lost the presidency to a challenger primarily...

Fed minutes reveal some members wanted a July cut Nonfarm payroll growth revised down by the most since 2009 PMIs in focus ahead of Powell’s Jackson Hole speech Wall Street gains ground, oil extends...

Gold Remains Near Record Highs Amid Dovish Fed and Lower Payroll Numbers Gold (XAU) remained near record highs on Thursday as markets continued digesting the Federal Reserve's (Fed) dovish stance...