Market Overview

Forecasts that the Federal Reserve will start cutting interest rates in June took another hit after Monday’s relatively firm manufacturing survey data for March.Markets are still pricing in...

Back in 1989, Japan was taking over the world. The country’s economy had grown 6.7% in 1988. Sony had just bought Columbia Pictures, one of the largest Hollywood studios, for $3.45 billion....

Stocks suffer as chances of a summer Fed rate cut decreaseExtra focus on today’s US data releases and Fed speakersEuro shows resilience while gold defies gravityStocks suffer as the US economic...

Gold Continues to Establish New HighsGold (XAU) rose by 1.28% towards new highs on Tuesday, driven by increasing concerns over rising inflation, which has fueled the demand for gold as an inflation...

Stocks traded lower on Tuesday, with the S&P 500 falling by around 70 bps. The move follows a pretty decent-sized move with higher rates across the curve over the last two days.Today, we will get...

Mood was down in Asia today as the strongest earthquake in 25 years led to halted operations in TSM and United Microelectronics (NYSE:UMC).Elsewhere, major stock and bond markets in Europe and the US...

Bitcoin and Ethereum saw significant price swings as the dollar rallied on robust US manufacturing data.The cryptocurrency market experienced significant volatility over the past month, with Bitcoin...

These days, rapid technological advancements are the hallmark of the modern financial world. In this context, Nvidia (NASDAQ:NVDA)'s significant ascent in the artificial intelligence (AI) sector...

During running bull markets, much commentary is written on why this time is different and why investors should not worry about market corrections. One such piece was written recently by Fisher...

Gold's Bull Run Stutters After the Release of Strong US PMI DataGold (XAU) fell after reaching an all-time high on Tuesday following the release of strong US ISM Manufacturing Purchasing Managers'...

As we start a new month, quarter, and week, I want to remind you how I concluded the weekend Daily: “Narratives are not very meaningful if price says something different. We have seen narratives...

Hawkish. The new quarter started on a hawkish note. The European markets were closed, but the S&P 500 closed the first trading session of the new quarter in the negative after the ISM data...

I've often said in order to better assess the solidity of a gold selloff or rally is to evaluate the performance of other metals, especially silver. I shall not go into the details of examining the...

Interest Rates and the Dollar Soar on Hot ISM Data Original Post