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The market appears to be preparing for a recession That, along with slowing rate bets, could support gold prices going forward An upside breakout from current levels would indicate that gold's uptrend...
Important inflation data hits Tuesday before the Fed finishes its final meeting of the year on Wednesday Corporate bond spreads should continue to be monitored, but we are not seeing significant...
The market jumped on Powell's dovish comments and soft CPI reading in November However, there's been little follow-through on that rally as investors await further clues from the Fed Inflation worries...
Core CPI is more likely to surprise to the upside than to the downside on Tuesday Still, save for an outlier inflation reading, the Fed will raise rates by 50bps on Wednesday The equity market is...
Inflation, rate hike-wary markets likely to hold off on oil rebound till CPI, Fed Nov CPI forecast at 7.3% annual growth vs. October's 7.7% yearly rise Fed is seen raising rates by 50 basis points...
Week in reviewGlobal equities suffered a setback last week after a few weeks of hopeful gains. Technically, the US S&P 500 tried but failed to break through the downward sloping trend line from...
The relief rally on Wall Street finished before it even started with a rout on Friday night almost sending US stocks back to their previous weekly lows, which will be a negative dampener on sentiment...
Unless there is a huge CPI surprise, Fed is slated to raise rates by 0.5% The Fed could make a hawkish statement, which could rile markets There are two levels of market drivers: (1) tension between...