Market Overview

The airline industry is gearing up for what could be a record-breaking summer travel season, if forecasts turn out to be correct. Despite challenges such as the Boeing (NYSE:BA) 737 MAX 9 grounding...

Here is a trillion (dollar) reasons why the US economy is likely to hold up until elections: between now and then, Yellen is likely to drain the Treasury General Account (TGA) and unleash a wave of...

Yen falls to new 34-year low ahead of BoJ decisionDollar traders await GDP and PCE dataWall Street mixed, gold stays on the back footWill Ueda appear in a hawkish suit this time?The yen extended its...

Gold Slips After Reaching Record HighsOn Wednesday, the gold (XAU) price fell for the fourth consecutive trading session as investors took profits. Since reaching a record high of 2,430 on 12 April,...

Stocks finished flattish on the day, but we are moving into the busiest part of the week. Now that Meta’s results are out of the way, we will have GDP and PCE to finish the week off, along with...

Meta (NASDAQ:META) revealed better-than-expected earnings, a more-than-doubled profit from last year, and a 27% rise in sales. Oh, and the revenue growth was up for the fifth quarter. But the share...

We start by talking about the technical and seasonal outlook for stocks, including why 2024 is NOT the same as 2023 when it comes to market composition and breadth. We also discuss what impact the...

Most NFL general managers (GMs) are optimistic and displaying overconfidence today as they prepare for tomorrow’s NFL draft. The draft is a once-a-year opportunity for GMs to acquire talent.Like...

Stocks feeling more positive following the US PMI missBusy earnings calendar as focus remains on US data printsDollar/yen remains a tad below 155 ahead of the BoJ meetingAussie benefits from...

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...