Gold extends decline to $100
Gold has run into some heavy selling after the US equity open, with prices falling $100. The selling accelerated after the break of yesterday’s low of $4278. gold 10 mins…
Tesla accelerates while Lilly stumbles: Today’s market movers
Sector Overview: Winners and Losers Consumer Cyclical & Automotives 🚗: Tesla (TSLA) surged by 2.06%, highlighting robust gains in the automotive sector. This boost suggests bolstered investor confidence, possibly due…
Bessent will meet with He Lifeng next week on trade
US Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifent in Malaysia next week to try to make progrses on trade. “We will meet in-person next week to…
Atlanta Fed GDPNow estimate ticks up, despite the lack of economic data
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
BOE Greene: Core and services inflation are going sideways
BOE’s Greene is speaking and says: Core and services inflation are going sideways. Indications are in disinflation process is slowing. Concerned about second-round effects of inflation Firms more sensitive to…
Fed’s Musalem: I could support a path with another cut if more risks to jobs
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
This thing is broken
At times, the Fear & Greed index is a somewhat-useful indicator of market sentiment, particularly at extremes. But somehow it’s showing ‘extreme fear’ at the moment despite the S&P 500…
BOC’s Macklem: We’re putting more emphasis on risk when it comes to the next rate decision
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
The upside risks are there: Why the second half of October could be positive
No one looks smart calling for stock markets to go up, but you can look smart or you can be right so here’s what I’m thinking: The market got skittish…
US stock market closing levels: Big turnaround for a solid gain
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…