US stock markets seem to have decided on a direction since last week and appear to be moving higher. In today’s report, we would like to address what fundamentally seems to be driving them, and then ...
The US Dollar outperforms against most major Asian peers on Wednesday. Traders are gearing up for back-to-back Fed speakers lined up. The US Dollar Index trades around 105.50 and is making this week’s ...
S&P 500 driven by cyclicals made a decent upswing till Kashkari raised not just higher for longer, but rate hike prospects ...
Copper prices have stood out over the last month with LME prices breaking above $10,000/t for the first time in two years. Concerns over tightness in global mine supply and stronger demand from the ...
US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly earnings. The S&P500 and Nasdaq100 indices are just ...
The crypto market has lost 2% of its capitalisation over the last 24 hours to $2.29 trillion. Bitcoin is losing 1.8%, Ethereum - 1.7%. Among the top altcoins, Solana is experiencing the biggest ...
A string of uncomfortably-hot inflation readings in the first quarter leaves a narrow window for inflation to downshift before a late summer rate cut by the Federal Open Market Committee (FOMC) is no ...
EUR/USD trades within limited intraday ranges, but lower lows suggest mounting selling interest. Financial markets have shown little signs of life these days, with the EUR/USD pair still stuck around ...
Stocks churn as they digest the most recent move. Kashkari leans hawkish – doesn’t understand the ‘robustness’. Bonds continue to rally, sending yields down – just a bit ...
EUR/USD comes down slightly to 1.0740 as the US Dollar rises amid a light US economic calendar. The ECB is expected to opt for cutting interest rates in June. Fed’s Kashkari sees no rate cuts this ...
The bullish vs. bearish setup is 607 to 72 from the screenshot of my stock screener below. The plan is to focus on buying the outperformers without being aggressive in position sizing as the market is ...
Gold price is slightly up near $2,315 even though the US Dollar recovers sharply. Worsening Middle East tensions keep the downside in the Gold price supported. The US Dollar recovers after Fed ...