GBP/USD has broken below a long-term ascending trendline, signaling potential further downside. UK budget concerns and a drop in manufacturing PMI have contributed to the Pound’s struggle. The...
Month-end pushes stock indices and gold in the red Market angst could continue going into Tuesday’s US election Focus today is on the US labour market data Dollar fails to benefit against the euro...
The week ahead is expected to be the biggest of the year for the stock market. U.S. voters head to the polls on Tuesday to pick their next president with the race between Republican Donald Trump and...
XAU/USD drops after crucial U.S. economic data releases Gold (XAU/USD) dropped yesterday after the release of the U.S. Personal Consumption Expenditures (PCE) Price Index and Jobless Claims reports....
Equity selloff in Europe and the US extended on Thursday. Technology stocks suffered the biggest losses after Microsoft (NASDAQ:MSFT) and Meta (NASDAQ:META) – which represent nearly 10% of the...
NFP report expectations: +108K jobs, +0.3% m/m earnings, unemployment at 4.1% Coming in the lead-up to a tightly contested Presidential election, this month’s jobs report could have an outsized...
Even though we are on the precipice of a potential all-out war in the Middle East, which could cause a major oil price shock and trigger global recessions, US stock valuation ratios are near all-time...
Jobs Day will likely be messier than usual with recent hurricanes and a strike weighing temporarily on payrolls. Even with solid underlying growth, the headline could look rough. Today’s post...
What a long, strange trip it’s been for some analysts since the summer of recession forecasts turned into yesterday’s robust 2.8% rise in third quarter GDP. A key driver of Q3’s advance: higher...
From this yesterday's gross domestic product (GDP) release, we learned defense spending grew 15% annualized, the fastest since 2003. Quarters immediately following double-digit gains are often much...