Market Overview

Texas now leads the nation in the number of Fortune 500 companies that are headquartered in the state, it was revealed this week. As many as 53 highly profitable businesses — from Exxon Mobil...

Markets have mixed reaction to FOMC minutes Lower Apple iPhone production ahead Dollar and gold flat Key EventsDow Jones, S&P 500, NASDAQ 100, and Russell 2000 futures fluctuated between gains and...

Data Generally Neutral Except Positive Sentiment Data Near Peak Fear Levels The major equity indexes closed higher Wednesday with positive internals on the NYSE and NASDAQ as trading levels dipped...

Despite rising headwinds for the global economy, US output remains set to rebound in the second quarter, based on recent estimates from several sources. Economic growth is expected to recover with a...

Wall Street rallies after Fed minutes but elated mood fades quickly Fears about stagflation and China slowdown continue to haunt investorsDollar holds steady, pound looks forward to Sunak’s new...

The US dollar and Wall Street gained yesterday, after the minutes of the latest FOMC decision revealed that policymakers remained optimistic with regards to the performance of the US economy. However,...

The exotic pair of the U.S. Dollar to South African Rand (USD/ZAR) has not correlated strongly with other USD pairs since this year. The USD has been down 1.3% against the ZAR since the beginning of...

“…the macro environment has deteriorated further and faster than we anticipated when we issued our quarterly guidance last month.” -Snap CEO Evan Spiegel First-quarter 2022 GDP...

SPX Monitoring purposes; Sold 5/24/22 at 3941.65= gain 1.033%; Long SPX on 5/20/22 at 3901.36. Monitoring purposes GOLD:  Long GDX (NYSE:GDX) on 10/9/20 at 40.78. Long Term SPX monitor purposes;...

According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job it’s doing....

Fed's Bostic urges slower path to higher rates Treasury demand eases Dollar recovers Key EventsGlobal stock markets and futures on the Dow Jones, S&P 500, NASDAQ 100, and Russell 2000 rebounded...

After months of higher Treasury yields, the possibility that rates have peaked is a topical discussion, fueled by easing rates in recent days. Although there are still three trading days to go this...

Soft US data drags yields and dollar lower as Fed’s Bostic calls for rate hike pauseNasdaq edges up after slump in tech stocks; Fed minutes awaited for more directionKiwi jumps after...

The British pound was the main loser among the major currencies yesterday and today in Asia, and this is because the UK services PMI tumbled to a 15-month low, increasing fears over a recession in the...