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US dollar has broken out ahead of Powell's speech Meanwhile, EUR/USD is eyeing a trend reversal USD/JPY's rally has fizzled out Throughout the first half of the week, the US Dollar index maintained...
The year-to-date rally on Wall Street is showing signs of fatigue amid uncertainty over the Federal Reserve’s outlook for interest rates. I used the InvestingPro stock screener to search for...
Data uncertainty through Sept 20 rate decision makes a call on Fed hard Spot gold could tumble to $1,850 if the dollar Index breaches 105.60 On flip side, bullion could peak at $1,958 if DX goes below...
Wall Street tumbled on the latest initial jobless claims numbers and fears that inflationary based rate hikes may not yet be over as everyone awaits Fed Chair Powell’s speech at the Jackson Hole...
DXY is breaking out:AUD plummeted:CNY has not been saved:Commodities were hosed:Miners too:EM stocks fell:Junk too:Yields rose but the curve was stable:Stocks were smashed:This was quite a...
Nvidia's Q2 results exceeded expectations in every respect Profitability soared along with revenues The world leader in graphics processors essential to AI also announced highly optimistic future...
Summer heat isn’t giving up, not even in late August That could keep air-conditioning demand, power burns up next four to six weeks Hurricane season is also here, with potential for more storms...
Bad news is good news for risk markets as the latest PMI’s for US and Europe came in softer than expected, giving some further credence that rate hikes are working and will eventually –...