Market Overview

The gold (XAU) price briefly dropped below 2,300 on Tuesday but later recovered after the U.S. Purchasing Managers' Index (PMI) figures came out lower than expected.XAUUSD has lost around 3% over the...

The bad news is that the contraction in the money supply appears to be over. That’s not bad news per se (see below), but it’s bad in that the anti-inflationary work that was happening is...

Tesla's (NASDAQ:TSLA) Q1 results didn’t look good at all. The revenue dropped 9% - the first revenue drop in four years - and net income plunged by 55% compared to the same time last year. And...

The US economy appears on track to post softer growth in the first-quarter GDP report scheduled for release on Thursday (Apr. 25), based on the median for a set of nowcasts compiled by...

Dollar loses ground against risk-linked currenciesBut yen continues to slide to new 34-year lowStocks rebound, gold falls on easing geopolitical concernsKey US data could further weigh on Fed rate cut...

Gold Price Drops to a Two-Week Low As Middle East Tensions EaseThe gold (XAU) price plunged by 2.68% on Monday as geopolitical tensions in the Middle East subsided, pushing investors away from...

US Treasury bond yields have been moving higher for the past 4 years.Furthermore, the rally marks the largest 200-week rally in 10-year yield history. Wow! So today, we ask, are yields tired...

US stock indices are attempting to halt their declines on Monday after heavy selloffs last week. The US 100, which focuses on the technology sector, dropped over 5% last week, its worst weekly...

Stocks declined last week as inflation showed signs of sticking at current levels. This suggests that the Federal Reserve might not be ready to cut rates just yet. Additionally, there's tension in the...

Gold Decreases on Hawkish Comments From Fed OfficialsThe gold (XAU) price decreased on Friday following hawkish remarks from Federal Reserve (Fed) officials. There is a growing likelihood that the US...

Global markets in a better mood amid lack of Iran-Israel escalation Stocks recover after sharp selloff, oil and gold prices turn down Busy week ahead for economic data releases and tech earningsRelief...

Earnings and Economic data will dominate the landscape this week. The names on the earnings calendar will start Tuesday with Tesla (NASDAQ:TSLA), followed by Meta (NASDAQ:META) on Wednesday, and...

The week starts with a relief rally in equities following a calm weekend on the geopolitical scene. The US 2-year yield pushes above 5% ahead of US GDP and PCE updates. Four of Magnificent 7 are due...

Powell and the FOMC are pining for rate cuts and to end Quantitative Tightening even though inflation is the most salient issue for businesses, according to the NFIB and ISM surveys. The Fed is still...