Market Overview

The price information and economic data in this article are sourced from Bloomberg and nasdaq.comThe first major US banks report quarterly earnings on Friday, April 12th, 2024. We preview what to...

Dollar takes a breather, but Fed bets remain unchangedEuro suffers as ECB points to June rate cutYen intervention warnings intensifyS&P 500 and Nasdaq rebound, gold hits fresh record highFed...

The Record Bull Run in Gold ContinuesGold (XAU), traditionally a safe-haven asset, once again sets new record highs and remains on track for a fourth consecutive weekly gain. XAU/USD continues to move...

We need to start thinking outside the current system, which has no solutions. Our convictions about money are quasi-religious: heretics are burned at the stake. I'm not sure which stake I'll be tied...

Banking Crisis Redux: Kicking the Can, Ignoring the InevitableIt’s been just over a year since the March banking crisis, when we saw three of the four largest bank failures in US history....

Quick thoughts of main takeaways from April European Central Bank ECB meeting: Main Takeaways from European Central Bank Most significant thing Lagarde said Impact on EURO

Gold Plunged Due to Unexpectedly High US Inflation DataThe gold (XAU) price dropped more than 1% following the release of higher-than-expected US Consumer Price Index (CPI) figures. However, traders...

Stocks finished the day lower following the hotter CPI report. The S&P 500 was all over the place, though, trading with big swings. These swings seem to be a sign to me of a market that is...

US inflation came in at 0.4% MoM for the third consecutive month, more than double the rate we need to consistently hit to bring inflation down to 2% YoY. Expectations for a June Federal Reserve...

Interest rate cut expectations have receded everywhere following the US inflation data, but there are subtle dovish incremental shifts within the BoC’s commentary that suggest should inflation...

Here are my thoughts on the European Central Bank's meeting: What to watch What is priced in Whether EURO will hit fresh 2-month lows vs. USD

We’ve got it! We have the breakout in the USD/JPY pair, and gold – in a completely unsurprising way – declined.And that IS a game-changer, even if many people fail to view it as...

After a week when the NY/NJ area saw an earthquake, an eclipse, and a gorgeous 75-degree spring day, it is time to get back to work.Yesterday’s CPI report was not expected to be particularly...

Inflation persisted in March as the Consumer Price Index rose 0.4% month-over-month and 3.5% year-over-year, surpassing expectations.On Wednesday, the U.S. Bureau of Labor Statistics reported that the...