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DXY faded last night:AUD bounced across the board:Oil and gold are going nowhere:Ditto dirt:Big miners stopped falling:EM popped:Junk too:Yields retraced:Stocks eased:Price action is all about the Xi...
Uber stock surged ahead of its impending earnings report, building on last year's impressive performance. With earnings projections at $9.76 billion, a 5% QoQ increase, and $0.39 earnings per...
While major US stock indexes focus on large-cap companies, the Russell 2000 offers insight into the health of small-cap businesses. The Russell 2000 is significant as it comprises small companies that...
Recent US economic data, particularly in the manufacturing and services sectors, have strengthened the US dollar. This has created a bearish scenario for GBP/USD, with a key support zone at 1.2530 and...
DXY to the moon:AUD through the trap door:North Asia with it:Oil and gold eased:Dirt puked:Miners too:EM yawn:Junk has abandoned the rally:As yields jackknife:Stocks only go up:Data and Fed speakers...
Market expectations remain volatile in the wake of the US jobs report on Friday that saw the USD push the major currencies to new weekly lows while bond yields surged. This continued somewhat...
The US dollar surged to an 8-week high last week, fueled by robust economic data and a hawkish stance from the Fed. After strong data, the Fed might reconsider the three-rate cut plan for 2024,...
Gold faces the risk of retracing recent gains after closing lower on Friday, reacting to a robust US jobs report and a strengthening dollar. The light economic calendar for the week suggests a...