Market Overview

At its May meeting, the Federal Reserve maintained the target range for the federal funds rate at 5.25%-5.50%, marking the sixth consecutive time it has remained unchanged. The likelihood of a Fed...

Gold Moves Sideways Ahead of Tomorrow's Key US Updates Yesterday, XAU/USD rose by 0.74% after the strongest drop on Friday, the largest since November 2020. The publication of a strong employment...

Stocks finished flat on an uneventful trading session. However, the market felt more risk-off with the 1-month implied correlation index and the VIX moving higher. Typically, when the VIX and the...

Unimpressive to investors what Apple (NASDAQ:AAPL) revealed about its AI plans at its Worldwide Developer conference yesterday. The company gave details regarding its partnership with Sam Altman’s...

A Gordian Knot comes from Greece during Alexander the Great’s march. It has become a metaphor for a problem solvable only by bold action. Every investor is waiting for the next stat and the next...

Ahead of last Friday’s payrolls data for May, the crowd was newly confident, again, that the Fed would soon start cutting interest rates. Treasury yields were sliding and expectations were rising...

The news flow will be heavy again this week, with inflation reports, a Fed meeting, and Treasuries being auctioned off in the 1 PM ET time slot. Additionally, today, Nvidia (NASDAQ:NVDA) will start...

The sight of the 272K new nonfarm job additions and the fastening wages growth above 4% on a yearly basis smashed the dovish Federal Reserve (Fed) expectations on Friday, and sent the US 2-year yield...

Recent economic estimates suggest US growth has slowed compared with previous estimates, but today’s revised GDP nowcast for the second quarter still points to a modest pickup in output over Q1. The...

US CPI data and Fed to determine the dollar’s fate Will the BoJ signal that another rate hike is looming? Pound traders await UK employment and GDP numbers RBA hike bets shrink ahead of AU jobs and...

It is always interesting when commodity prices rise. The market produces various narratives to suggest why prices will keep growing indefinitely. Such applies to all commodities, from oil to orange...

CPI data for May will be released on 12 June 2024. US consumer inflation is cooling down slightly, but policymakers will need to see several more months of disinflation before considering loosening...

Investing doesn't have to be daunting if you focus on realistic strategies and asset allocation. Understanding your goals, circumstances, and risk tolerance is key to creating a balanced...

ECB cuts rates but outlook remains unclear Market is focusing on the US labour market data Weaker prints could open the door to a dovish Fed meeting Stock markets could suffer if there is an upside...