The S&P500 and Nasdaq100 indices hit new all-time highs on Tuesday and are continuing to grow, fuelled by increasing confidence that the Fed will cut interest rates. According to the latest estimates, the probability of a cut in September has risen to 96% from a low of 38% immediately after hawkish comments following the last […]
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Eurozone Manufacturing PMI was finalized at 52.2 in April, rising from March’s 51.6 and marking a 47-month high, signaling a broad-based expansion across the bloc. Notably, all eight countries covered in the survey registered readings Read more…
Gold price is consolidating above the $2,565 support zone. Crude oil is showing bearish signs and might decline below $96.50. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold price started a Read more…
Markets Focus went to the US last Friday with several European markets closed for May Day holiday. The US manufacturing ISM for the month of April was the defining intraday moment. While the headline ISM Read more…