Market Overview

Gold Falls to One-Week Low as USD Strengthens on Declining Rate Cut Hopes The price of gold (XAU) fell by 0.91% on Wednesday, reaching its lowest point in a week. The decline was driven by a...

Dollar rises as investors digest Fed remarks Dollar/yen breaks 160, triggers intervention warnings Wall Street trades in the green, AI still the main driver To Cut or Not to Cut in September? The...

The sell-off in the Japanese yen extended yesterday sending the currency to the lowest levels since 1986 against the US dollar and to the lowest levels against the euro. The EUR/JPY is now flirting...

We’re starting to see some real volatility developing in the markets and, while it’s not necessarily showing up in the VIX, it is occurring in three very important assets - NVIDIA (NASDAQ:NVDA),...

US stocks edge higher amidst quiet newsflow French elections are around the corner Aussie and loonie benefit from hotter CPI reports Yen remains under pressure Dollar Records Small Gains Against...

Gold Declines as US Consumer Confidence Report Surprises the Market Yesterday, the gold (XAU) price fell by 0.64% due to a stronger-than-expected US Conference Board (CB) Consumer Confidence...

From time to time, you will read that the Federal Reserve is trying to “thread the needle” on rates. That is, they don’t want to keep rates too high for too long, lest they sink the economy, nor...

Richer US data calendar and Fedspeak today US stocks in the red again; uptrend intact Key inflation reports from both Canada and Australia Yen shows signs of life but still close to intervention...

Some major indexes, including Nvidia (NASDAQ:NVDA), finished Monday lower, indicating we are still in at least a short-term risk-off environment. However, the US dollar is not rising despite the...

The sell-off in Nvidia (NASDAQ:NVDA) deepened yesterday and sent the shares into the correction territory following a 10% sell-off. Nvidia shares erased around $430 bn in market cap over the past...

Market Overview: S&P 500 Emini Futures The weekly chart formed an S&P 500 Emini micro wedge (Jun 7, Jun 12, and Jun 21). The problem with the bear’s case is that they have not been able to...

There was a brief period earlier this year when US shares gave up the leadership crown to commodities, but American stocks have retaken the performance throne in June, based on a set of ETFs through...

Gold Falls as DXY Reaches a Seven-Week High on Strong US Economic Data The gold (XAU) price lost more than 1% on Friday as the US Dollar Index (DXY) rose, and bond yields increased after data showed...

Stocks finished Friday slightly lower as June OPEX passed. This week, we head into the quarter’s end, closing out the year’s first half. It should be a fairly uneventful week with little on the macro...