Market Overview

Did today’s decline in gold surprise you? It shouldn’t – during Thursday’s rally, gold moved to two resistance lines. And I sent out a special Alert indicating that this was actually a shorting...

If the Bank of England’s decision on Thursday to leave interest rates unchanged is a guide, the outlook for the start date for a US rate cut may be further down the line than generally assumed. There...

Core PCE inflation to test bets of two Fed rate cuts in 2024 Yen awaits BoJ Summary of Opinions, Tokyo CPI Canadian CPI data also enters the spotlight Will PCE Data Confirm Fed Rate Cut...

Dollar stands tall after SNB cut and BoE’s dovish hold Yen enters the intervention zone as Japan’s underlying inflation falls Euro slips on weak PMIs, US PMIs next in focus Nasdaq tumbles as Nvidia...

Gold Is Rising After News From the Middle East At the close of yesterday's session, the XAU/USD pair rose by 1.36%, showing the largest daily growth in the last month. The price broke through the...

On June 10, 1752, almost exactly 272 years ago, Ben Franklin helped prove that lightning is a form of electricity that could be harnessed. Fast forward to 2024, with electricity in high demand, we...

As we approach the halfway mark of 2024, I figured it’d be constructive to check in on the results of this year’s record-breaking elections. The numbers are particularly striking: Approximately 4.2...

By nearly any measure you cite, US equities are enjoying a stellar run. Despite numerous global risks, investor sentiment for American shares is resilient. The question, as always, is when is it...

Gold Is Rising Ahead of US Jobless Claims On Wednesday, the exchange rate of XAU/USD experienced fluctuations between 2,325 and 2,335 due to the absence of significant reports. Prior to the close of...

Appetite in Europe was weak yesterday in the absence of American markets. The French CAC40 remained firmly offered near its 200-DMA and fell 0.77%, the European Stoxx 600 index retreated 0.17%, and...

We could see pressure building for additional monetary tightening in some APAC economies in the coming week. Meanwhile, North Asia (ex-China) delivers the monthly activity data dump which should show...

Recession talk for the US is on the march again. Although there’s still room for debate on the near-term business-cycle outlook, some indicators are highlighting decelerating growth that could be the...

Risk appetite buoyed by signs of weakening US consumption Wall Street closes at record highs ahead of US holiday, oil also rallies Pound edges up as services CPI remains sticky despite drop in...

Gold Remains in Uncertainty The XAU/USD pair has been trading within a sideways range of $2,300.00—$2,333.00 since the start of the week. Yesterday, it saw a modest increase of 0.45%. The US retail...