MARKET NEWS
Nov 20, 2024
Geopolitics Dictates Market Sentiment, But Dollar Fails to Benefit
Dollar fails to benefit from the risk-off reaction Stocks slightly in the green, as markets await Nvidia earnings Pound gains after CPI report; bitcoin reaches $94,000 It Almost Feels Like the Cold...
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Nov 20, 2024
Gold Extends Rally, Euro Stabilizes Amid Geopolitical Turmoil and Nuclear Threats
Investors Reallocate Their Capital to Gold Gold (XAU/USD) extended its rally yesterday, rising 0.78% and nearing the $2,650 resistance level. A breakout above $2,650 could signal the end of a...
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Nov 20, 2024
Markets Hold Breath Ahead of Nvidia's Game-Changing Earnings Results
Geopolitical tensions were on the headlines yesterday after Ukraine fired its first US missile to Russia after having received the green light from the White House following a two-year wait to do so....
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Nov 19, 2024
Aussie Shrugs After RBA says No Rush to Ease
The AUD/USD is showing limited movement on Tuesday. In the European session, AUD/USD is trading at 0.6501, down 0.14% on the day. The Aussie flew out of the gates on Monday, climbing...
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Nov 19, 2024
Equities and Gold Climb: Tactical Approaches for an Unpredictable Market
Softer yields lift stocks despite Ukraine fears and rate cut doubts. Gold extends rebound, oil also higher in choppy trading. Dollar on the backfoot amid lack of direction as yen firms. Stocks...
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Nov 19, 2024
Gold Prices Rise Amid Geopolitical Tensions; Euro Decline Pauses
Gold Grows Due to Rising Geopolitical Tension Yesterday, gold (XAU/USD) rose and gained 1.9%, breaking above the resistance level of $2,600. XAU/USD grew after a significant weekly decline. The rise...
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Nov 19, 2024
Markets Back to Risk-On Stance as Yields Retreat - What's Next?
The week kicked off on a bullish note, as the recovery in US treasuries, and the retreat in US yields help boost appetite in major US indices. The S&P 500 rebounded 0.39%, while Nasdaq added...
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Nov 19, 2024
The Cure for What Ails Us: Market Crash and Mass Defaults
The system has reached extremes that can no longer be rebalanced by policy tweaks, borrowing another couple trillion dollars or inflating asset bubbles. There are many possible answers to the...
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Nov 19, 2024
Key Ratios and Momentum Trends in Gold, Silver and Bitcoin
I ended last week on Maggie Lake’s podcast. During the discussion, we covered a lot of topics, and I encourage you to go have a listen as we offer actionable information. One of the topics we...
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Nov 18, 2024
Risk-On Sentiment Makes Comeback Amid Falling Rates, US Dollar - But for How Long?
Rates dipped slightly yesterday, with the 10-year Treasury falling by about two basis points and the dollar index declining by 40 basis points, providing some relief to risk assets. Given the...
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