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Nickel up more than 30% for November Other industrial metals in the negative for the year Nickel has broken above $30,000/tonne but could face resistance at $32,900 China’s apparent easing of...
Stocks closed lower on Monday by around 90 bps on the S&P 500. The sell-off came late, pushing the S&P 500 to approximately 3,960. Four thousand served as a robust level of resistance all-day,...
Another mixed session on Asian stock markets with Chinese markets zooming higher while the rest of the region takes a pause despite lower returns on Wall Street overnight. The USD remains weak but...
Over-Hawkish and Over Here“The market seems to have gotten wa-ay out in front on this, over this one CPI report. So it’s good, finally, that we saw some evidence of inflation starting to...
Despite some more Fed talk that the pace of interest rate rises could slow, US stocks pulled back overnight with Wall Street down around 1% while in currency land, USD continued to fall against the...
US CPI increased 7.7% year on year (yoy) in October, the lowest rise this year and half a percentage point lower than the 8.2% registered in September. Core prices—excluding volatile energy...
Despite what you may have read last week, the downward surprise in inflation is not a sign that inflation is about to collapse, that the Fed has won, and that rates will soon be in full-throated...
Just when the risk takers in oil, gold and stocks thought they had the Federal Reserve’s strategy down pat, the central bank’s governor Christopher Waller has thrown another curveball at...