Market Overview

Following the FOMC meeting on Wednesday and the surprise comments from the ECB’s Draghi on cutting rates further, many other central banks have shifted course.The latest is the Bank of Japan....

The rest of us eat our losses, either all at once or in bitter bites as we trudge through the financial wasteland left after bubbles burst.The news that the Federal Reserve Casino is giving away free...

Market movers today Today's highlight is the US and euro area PMIs. They will be crucial as pointers of the way the global cycle is going over the summer following the US-China trade war escalation....

Even though the month of June is not over yet, the technical action in gold, as well as some of the gold stocks, have been impressive. So far in June the Spyder Gold Trust (GLD (NYSE:GLD)), which...

Draghi Repeats 'Whatever it Takes' In a Mini VersionAs we covered one week ago in the Gold News Monitor, the ECB became more dovish on the June monetary policy meeting. The central bank postponed the...

SummaryThe Fed is turning more dovish. The BOE maintained rates at 0.75%. The markets continue to celebrate the Fed's dovish turn. The Fed is turning more dovish, based on yesterday's policy...

The stock market finished with modest gains on Wednesday after the Fed kept rates unchanged and indicated it was more open to lower rates in upcoming meetings. The 0.3% gain in the S&P 500 left...

After the Fed confirmed its dovish shift yesterday, the Bank of England has a so-called Super Thursday today. The pound is rising for the third day in a row, challenging the 1.27 level ahead of the...

Dovish Fed sparks global stock, U.S. futures rally Dollar, yields tumble on lower rates outlook; gold surges Defensive shares outperform as S&P 500 nears all-time high Oil jumps on improved U.S....

Overview:The prospect of "lower for longer" continues to fuel the bond and stock rally. The initial US equity response to the Fed was positive but not strong and closed about 0.3% higher. Asia Pacific...

GoldComex gold flow has turned balanced after the fear of missing out on $1400 triggered a massive wave of buying earlier in Asia. Now the futures market is balancing out with a subtle axe towards...

Market focusThe US dollar fell under pressure on Wednesday, losing about 0.8% to a basket of the six most popular world currencies. Also, SPX and DJI experienced growth of a similar magnitude,...

The Bank of England will be holding its monetary policy meeting today.The latest decision on the BoE’s interest rate will be unveiled. No changes are expected from the BoE which will leave rates...

From 2008 to 2013, the eurozone experienced a sharp decline in investment. Despite a belated turnaround in 2014, total investment is still holding below its pre-crisis level. There are wide...