Market Overview

Preliminary estimates of second-quarter US GDP activity suggest output may stabilize after two straight quarters of slower growth, based on the median for a set of nowcasts compiled by...

Bank of England meets on Thursday, unlikely to signal rate cutsReserve Bank of Australia could maintain a higher-for-longer stanceElsewhere, Bank of Japan releases summary of opinionsBoE - No rate...

The Fed held its policy meeting, leaving rates unchanged but slowing down quantitative tightening. Today's focus shifts to US labor data: strong figures could justify the Fed's hawkish stance of...

Risk appetite returns after dovish Fed, but will jobs report spoil the party?Apple (NASDAQ:AAPL) to likely secure weekly gains for Wall StreetYen rally gets additional boost from softer dollar after...

Gold Consolidates Above 2,300 Ahead of Today's Critical US NFP ReportThe gold (XAU) moved in a bearish trend on Thursday, cooling after the rally caused by Federal Reserve (Fed) comments. The price...

There is a popular meme that the government has an incentive to inflate, because the same debt is worth less in real terms at a higher price level. If inflation is high enough, then the government (it...

Hey traders!We experienced a busy and volatile trading session yesterday, particularly towards the end of the US trading hours when Powell highlighted a restrictive policy in the US. Notably, he...

Fed appears less hawkish than expectedDollar and Treasury yields pull backYen rallies on another round of suspected interventionWall Street trades cautiously ahead of NFPsFed is still leaning towards...

The Fed meetings seem to create more confusion than needed, but it is what is what it is. I know that even though I wrote yesterday that at 2:35 PM ET, it was possible that we saw the usual FOMC press...

The Federal Reserve (Fed) decision yesterday was - interesting. As expected, the Fed kept its rates unchanged and said that they are not confident about cutting the interest rates as inflation has...

Most of the major asset classes retreated in April. The overall losses mark the worst month for global markets so far in 2024, based on a set of ETFs.The upside outliers last month were limited to...

Comfort is often the worst enemy of the economy. Recall the Dotcom Bubble in 2001, which threw most investors off after a sustained bull run in tech stocks. In the same century, the world was hit with...

The monthly ADP labour market report showed that America created 192K new jobs in April, above the forecasted 179K and following +208K in March (revised from 184K). Overall, there was a slight...

In an op-ed for the Washington Post on November 5, 2010, Ben Bernanke did a victory lap, praising the Fed’s efforts in stemming the financial crisis. In the article, he discusses how QE and...