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Gold bugs anticipate the August non-farm payrolls to be the weakest in 2-½ years Historical trends show mixed reactions in gold prices to lackluster U.S. job data If the numbers do meet...
Both European and US stocks surged overnight as the USD tumbled against the majors as signs that the US economy maybe slowing faster than expected came through in consumer confidence numbers. Both...
DXY finally took a breather last night:AUD bounced: Dirt is happy: Miners and EMs too: The Treasury curve is turning from stupid bear steepener to smarter bull steepener:As the robots go hogwild...
3M stock recently soared on news that the company recently settled a long-standing settlement But, the company's legal issues remain and could affect its financials going ahead Despite all the issues,...
This week will likely see August go out with a bang as we get a deluge of US economic data which could either make or break the case for another Fed hike in 2023.On tap for traders is Preliminary Q2...
Chinese economic uncertainty keeps halting a copper rally The copper-to-gold ratio indicates a slowing global economy and decreasing demand for copper in the short term But despite short-term...
Bitcoin has been trading sideways around the $26,000 mark For the crypto to break its current trend, a series of events must have favorable outcomes Meanwhile, Ethereum needs to reclaim $1660 to...
Powell's recent statements raised the chance of a September rate hike to 20%, with November at over 50%. Bond market faces uncertainty due to the Fed's ambiguity-based policy and bond vigilantes'...