MARKET NEWS
Nov 25, 2024
Gold Prices Weaken: 3 Key Factors Impacting Safe-Haven’s Appeal
Positive News From the Middle East Brought Down Gold Gold (XAU/USD) reached the resistance level of $2,740 on Friday, rocketing by 1.74%. However, the price has decreased sharply by more than 1.5%...
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Nov 25, 2024
USD/JPY Strengthens, EUR/USD Faces Pressure: Positioning on FOMC Minutes, PCE Data
The EUR/USD is recovering a little after its mini collapse on Friday. However, further eurozone confidence data this week could still spell trouble and tilt the market towards a 50bp ECB cut in...
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Nov 25, 2024
How a Weaker Dollar is Shifting the Landscape for European Stocks and Currencies
The US Dollar has long been a pillar of global finance, often serving as the world’s reserve currency and a key driver of trade, investment, and economic activity. However, in recent months, the...
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Nov 25, 2024
The Fed Rate Cutting Cycle May Be Over
Stocks bounced back following last week’s decline, with the S&P 500 rebounding by 1.7%. This week will be short, with US markets closed on Thursday and a half-day on Friday. It will also be...
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Nov 25, 2024
S&P 500 Surges, European Stocks Lag Even as EUR/USD Opens Buying Opportunities
Last week was marked by an improved sentiment in the US, but not so much in Europe. The US equities had a strong week: the S&P 500 rallied 1.68% over the week, Nasdaq 100 gained 1.87% - and that...
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Nov 25, 2024
Small Business Optimism Surprises, Boosting Pro-Growth Outlook
The University of Michigan just released its revised Consumer sentiment data for the month of November, which came in below expectations at 71.8 (street expecting 74.0). This however was a modest 1.3...
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Nov 25, 2024
Markets Week Ahead: Inflation Data and Geopolitics to Dominate Proceedings
Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market...
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Nov 25, 2024
Corporate Insiders Are Jumping Ship
Corporate insider trading activity has never been more bearish than it is right now. This should be especially concerning given the fact that aggregate insider activity is one of the best predictors...
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Nov 22, 2024
The Long History of Stock Market Prediction Problems
Following President Trump’s re-election, the S&P 500 has seen an impressive surge, climbing past 6,000 and sparking significant optimism in the financial markets. Unsurprisingly, the rush by...
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Nov 22, 2024
The Energy Report: New Missiles More Bloodshed
Crude Oil markets are being torn from rising because of rising geo-political risk against a backprop of a rising dollar that surged to new highs thwarting the oil war risk rally.   The oil markets...
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