MARKET NEWS
Nov 26, 2024
Revised US GDP Nowcast for Q4 Still Reflects Modest Slowdown
The US economy remains on track to end the year with a moderate increase in output, according to the median Q4 GDP estimate based on a set of nowcasts published by several sources. Recession risk, as...
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Nov 26, 2024
How Scott Bessent Plans to Reshape the US Economy with His 3-3-3 Rule
Donald Trump nominated seasoned hedge fund manager Scott Bessent as the next Treasury Secretary. While the Treasury Secretary has many responsibilities, debt management is one of the most important....
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Nov 26, 2024
AUD/USD, NZD/USD, USD/MXN Under Pressure: How to Trade Currencies on Tariffs News
Trump vows tariffs on Canada, Mexico and China Dollar gains, loonie tumbles the most among majors RBNZ expected to deliver another bold rate cut Trump Threatens Canada, Mexico and China With...
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Nov 26, 2024
Why Are EU Defense Stocks Booming?
Donald Trump’s victory in the U.S. presidential election has sent ripples through global markets. Investors have begun pricing in reduced regulation, fewer interest rate cuts, higher tariffs, and a...
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Nov 26, 2024
EUR/USD Jumps, AUD/USD Slips on Tariff Concerns as Economic Uncertainties Loom
Gold Fell by More Than 3% On Monday, gold (XAU/USD) dropped by 3.33% and reached around $2,600, losing all the gains from the previous three days. News that Israel and the Hezbollah militant group...
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Nov 26, 2024
Rates, US Dollar, and Nvidia Drop Sharply - What's Next?
It was a strange day, for sure. The Treasury rate fell quite a bit, certainly more than I would have expected given the naming of a Treasury Secretary. Of course, the solid 2-yr auction results at 1...
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Nov 26, 2024
US Yields Drop, Stocks Rally as Trump’s Policies Divide Markets
Yesterday offered a moment of relief for some investors amid the Trump euphoria sweeping through the markets. The nomination of Scott Bessent for Treasury Secretary resonated well across investment...
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Nov 25, 2024
Economic Uncertainty Highlights the Need for Safe Haven Assets
Last week, at the North American Blockchain Summit in Dallas, Texas, I had the distinct privilege of moderating a fireside chat with former Canadian Prime Minister Stephen Harper. Our conversation...
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Nov 25, 2024
The Energy Report: It’s the Most Treacherous Time of the Year
It’s the most treacherous time of the year. With the holiday greetings and big OPEC meetings, when trade starts to fall. It’s the most treacherous time of the year. It’s the most treacherous season...
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Nov 25, 2024
Geopolitics and Trump’s Cabinet Selections Guide Market Sentiment
Possible ceasefire in Lebanon, gold dives. A shortened week in the US due to Thanksgiving celebrations. Trump’s Treasury Secretary nomination pleases equity markets.  Possible Ceasefire in Lebanon,...
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