MARKET NEWS
Nov 18, 2024
The Energy Report: Raising World War Risk
President Biden seems to want to leave an even bigger mess in Ukraine.  He gave the approval to allow Ukraine to use US-supplied missiles to strike inside Russia, which revered earlier limitations on...
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Nov 18, 2024
EUR/USD Under Pressure: Key Levels to Watch Amid ECB Uncertainty
EUR/USD faces pressure due to a strong US Dollar and concerns about the ECB’s policy direction. The US election and potential trade war concerns are weighing on the Euro. The interest rate...
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Nov 18, 2024
US Growth Projections Ease: How Will Changes Impact 2025 Momentum?
Fourth-quarter economic output for the US looks set for another downshift, based on CapitalSpectator.com’s initial GDP nowcast. The estimate reflects the median for a set of nowcasts published by...
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Nov 18, 2024
Yen Sinks, US Dollar Holds, Gold Rises: Signs of a Strategic Shift?
Gold rebounds as Biden lets Ukraine use long-range missiles on Russia Yen slips again after Ueda offers no clues on December hike Equities mixed as Trump trade fades Ukraine war escalates as Biden...
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Nov 18, 2024
5×5 Inflation Rate Explained: How It Guides Fed's Future Monetary Policy
At the last FOMC meeting, Jerome Powell was asked if they were concerned that inflation expectations are “de-anchoring, or put another way, are anchoring at a slightly higher level?” His answer...
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Nov 18, 2024
Gold Prices Up After a Long Phase of Decline; Euro Falls as US Dollar Strengthens
Gold Grows After a Long Decline Gold (XAU/USD) continues its correction, although the decline has slowed near the support level of around $2,550. On Friday, volatility was low, and XAU/USD lost only...
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Nov 18, 2024
Markets Weekly Outlook – PMI Data, UK Inflation and the Soft Landing Conundrum
US Dollar Index rally continues and the impact of a strong US dollar on global markets. Examining upcoming PMI data from the Euro Area and UK CPI figures, and their potential market...
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Nov 18, 2024
Global Markets Take a Break From Politics
US retail sales and the inflation data came in higher than expected last week, and the Federal Reserve (Fed) Chair Jerome Powell said that the US economy is strong enough and that there is no urge...
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Nov 18, 2024
Jerome Powell's Latest Pirouette and What It Means to the Market
Fed Chair Jerome Powell is an accomplished danseur. His pirouette's are masterful. He did another such pivot on Friday in prepared remarks for a speech [starts at 19:00] to business leaders in...
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Nov 18, 2024
Gold, Silver Eye Recovery as US Bond Yields Face Near-Term Headwinds
Gold, silver eye recovery as US bond yields stabilise Quiet Fed, economic calendar limits fresh yield drivers Strong inverse correlation with US rates supports metals Technical signals hint at...
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