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Gold Sets a New High on Mixed NFP Data The gold (XAU) price set a new high on Friday, as the rising US unemployment rate heightened speculation that the Federal Reserve (Fed) might start reducing...
The US economy added 275K new nonfarm jobs last month, significantly more than around 200K new job additions penciled in by analysts. But happily, the unemployment rate unexpectedly rose to 3.9% and...
Animal spirits are running loose. Bitcoin just hit all-time highs; NFTs of penguins and monkeys selling for over $500k; Virtually bankrupt stocks like Carvana (NYSE:CVNA) rallying to the...
This week will be dominated by inflation data and the bond auction returning to the 1 PM ET time slot. Today, a 3-year Treasury auction will be at 1 PM ET. Tuesday will release the highly anticipated...
The Biden team keeps talking about how they can’t believe how underwater the President’s poll numbers are when the economy is so frickin’ good. “As soon as people figure out...
Here's your daily 60 seconds trading tip - How to Avoid Early Exits
Ralph Acampora is Hedge Fund Advisor for Hedge Friend, as well as an expert technician with several decades of experience. His nickname? The “Godfather of Technical Analysis.” Craig...
Several indicators of investor sentiment are showing rising “greed” levels. And when investors get greedy, it tends to imply that we are nearing a top. But, I am unsure why greed levels are so high...
Presidential elections and market corrections have a long history of companionship. Given the rampant rhetoric between the right and left, such is not surprising. Such is particularly the case over...
Gold Reaches An All-Time High The gold (XAU) neared record highs around 2,160 on Thursday, poised for a 3% weekly gain as the US dollar and Treasury yields fell on growing expectations of a rate cut...
Yesterday’s European Central Bank (ECB) meeting and Lagarde’s press conference went according to the plan. The ECB left its rates unchanged for the fourth straight meeting, lowered its inflation...
Economic activity remains on a path to slow in the next month’s release of first-quarter GDP data, according to the median nowcast via a set of estimates compiled by CapitalSpectator.com. The Bureau...
Powell says it may be appropriate to lower rates this yearYen rallies as speculation about BoJ exiting negative rates intensifiesBoC appears less dovish than expected, central bank torch goes to...
It's going to be an important day for the ECB, when they will announce their latest policy decision. Market and speculators know that ECB is somehow hawkish, so EURUSD has gained some moves ahead of...
Gold Sets an All-Time High on Rising Rate Cut Expectations and Persistent Geopolitical Risks The gold (XAU) price rose 0.59% on Wednesday as investors continued to expect an easing of the US monetary...