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With tensions escalating between Iran and Israel, traders closely monitored Iran's response over the weekend, affecting assets like gold and the US dollar. Last week, the DXY surged to 105 after the...
Gold rebounded after Friday's bearish close but another correction cannot be ruled out. Despite Friday's record high, gold faced selling pressure later, signaling possible short-term losses. Traders...
The retraction of global markets on Friday and this morning in Asia and Europe are rational risk-rebalancing moves, considering that the heartbreaking events in the Middle East present the potential...
Global markets – week in review Rising Middle East tensions, a higher-than-expected US CPI report, and a soft start to the US earnings reporting season conspired to push US equities down for...
War jitters caused Wall Street to pull back sharply on Friday night with continued volatility from weekend events likely to spill over to Asian markets on the open this morning. The USD rebounded to...
Retail sales, Q1 earnings, and worsening Iran-Israel conflict in focus. Netflix is a buy with strong profit, subscriber growth expected. Morgan Stanley is a sell amid shrinking EPS and sales...
Wall Street’s Q1 earnings season is expected to be the next major test for the stock market amid growing doubts over Federal Reserve rate cuts. Analysts expect annualized profit growth of +3.2%...
Wall Street rebounded later in the session overnight while the USD firmed even more as the ECB held fire at its latest interest rate meeting. With the inflation genie nowhere near back in the bottle,...