Check back for updates throughout the trading day U.S. equity futures traded mixed Monday, while the dollar edged lower against its global peers and Treasury yields steadied, as investors looked to consolidate gains from last Read more…
Core PCE price index to be crucial for markets amid sticky inflation fears Income and consumption to be watched too as US economy stays hot But can further upside surprises boost the dollar on Thursday, Read more…
Gold rebounds strongly from its 2024 low Challenges 50-day SMA and ascending trendline Momentum indicators turn neutral-to-positive Gold has been regaining ground in the past few sessions, following its bounce off the 2024 bottom of 1,984. Read more…
Market picture The crypto market settles at a $2 trillion cap level, up 0.8% on the day. Altcoins are once again driving growth, while the first coin is flat, losing 0.5% in 24 hours, and Read more…
WTI oil price fell further in early Monday trading, in extension of Friday’s 2.2% drop, as the sentiment soured on signals that higher than expected US inflation may delay Fed rate cuts. Fresh weakness emerged Read more…
Gold stands at the front foot at the start of the week and holds near two-week high ($2041) posted on Friday. Growing tensions in the Middle East and overall negative geopolitical picture, continue to fuel Read more…
After 8 consecutive days of growth, the price of NZD/USD is forming a bearish candle this morning, thereby indicating possible concerns among market participants at the beginning of a week full of important economic news: Read more…
On February 14, a strong bullish impulse was recorded in the BTC/USD market, which pushed the price of bitcoin to the area above USD 50k. The main driver of growth was the effect of the Read more…
Markets Fed governor Waller’s “What’s the rush?” got a European follow-up. ECB members on Friday hijacked the news by similarly advising against jumping the gun in terms of rate cuts. The economy may be not Read more…
Japan’s core-core CPI for January 2024 is expected to come in soft at 3.2% y/y versus 3.7% y/y in December 2023. Leading economic indicators, Japan’s Consumer Confidence, and Average Cash Earnings of employees suggest a Read more…