Market Overview

We all know the problem with fiat currency: the temptation to print more currency is irresistible, but ultimately destructive. Money in all its forms attracts quasi-religious beliefs and convictions....

As we discussed recently, Wall Street economists increasingly believe the risk of recession has fallen sharply. To wit: “Economists don’t think the economy will get even close to a...

The "Fear of Missing Out" can cloud your judgment and lead to hasty trading decisions

The monetary policy outlook has been uncertain, but primarily in terms of the timing of the first rate cut. But that’s starting to change as the Fed funds futures price in the possibility of a...

Dollar traders lock gaze on core PCE index Eurozone CPIs in focus as June cut looms Tokyo CPIs may complicate BoJ’s policy plans Aussie awaits Australian CPIs and Chinese PMIs Will PCE data...

Rate cut expectations take another hit after upbeat PMIs Dollar rises to 10-day high, Nvidia (NASDAQ:NVDA) rally unable to lift Wall Street Higher for longer weighs on oil and gold Fed may not cut...

The week hasn’t been pleasant for the market bulls. On Wednesday, the FOMC minutes showed the disturbing truth that ‘many’ Fed members wondered whether keeping the rates ‘high...

Last week, the Wall Street Journal reported that the Fed and two other U.S. banking regulators are going to significantly reduce a planned increase in capital requirements for the country's...

As the U.S. economy continues to navigate a complex landscape with persistent inflation and a stock market setting new highs, the Federal Reserve seems committed to its patient approach regarding...

Dollar rallies as both gold and bitcoin fallEarly UK elections called after mixed UK CPI reportEZ PMIs unlikely to stop the ECB from cutting rates in JuneDollar rallies on the back of the minutesThe...

Gold Drops Significantly as Fed Officials Seem Surprisingly HawkishGold (XAU) fell by 1.75% on Wednesday towards the support level of 2,380 due to the hawkish Federal Reserve (Fed) Meeting...

See, at his latest post-FOMC press conference, Federal Reserve (Fed) President Jerome Powell stated that the Fed’s next move will probably not be a rate hike—a statement that brought joy...

US economic activity is expected to post a modestly firmer increase in the second quarter, based on the median estimate for a set of nowcasts compiled by CapitalSpectator.com. More than half of the...

FOMC minutes in the spotlight todayMixed UK CPI probably keeps the door closed to a June moveRBNZ surprises with its hawkishness; kiwi benefitsNvidia (NASDAQ:NVDA) reports after the US market...