Gold Continues to Renew Historical Highs Yesterday, gold (XAU/USD) reached an all-time high of $2,790 before pulling back slightly towards $2,775. XAU/USD then returned to its previous maximum and...
The U.S. GDP rose 2.8% in Q3. Economic growth was sparked by a spike in consumer spending. Will it impact the Fed's decision on interest rates? The PCE for the quarter rose just 1.5%, while...
In terms of breadth, yesterday was a fairly-balanced down day, with about 270 stocks down in the S&P 500 and around 230 higher. The index has traded chiefly sideways since it broke the smaller,...
European and US markets nosedived yesterday on the back of ‘good news is bad news’ - and the futures hint at a bearish start to Thursday’s session. First, Spain, France, and Germany revealed...
Economic growth accelerated in the eurozone from 0.2% to 0.4%, in part driven by one-offs. Underlying growth remains sluggish, but there are no signs of the deterioration that the European Central...
Gold broke above $2,760 on Indian demand and potential Fed rate cuts, while eyeing targets up to $2,790 before economic data impacts the market. The euro recovered against the dollar on weak US...
The S&P 500 index experienced a minor increase of 0.16% in the latest trading session, though it lost momentum by the end of the day. The index currently stands at 5832, and the path toward 6000...
Big Tech investors weren’t disappointed on Tuesday, as Alphabet announced better-than-expected results after the bell. Google’s parent Alphabet (NASDAQ:GOOGL) saw its revenue rise 15% from the same...
Driverless vehicles are no longer science fiction. The race to dominate the emerging Robotaxi market is heating up as companies push to be the first to hit the roads. Arriving in a sleek, silver...
Ahead of the Federal Reserve’s interest rate cut in September by 50 basis points, to a new 4.75% – 5% range, the stock market experienced volatility. This was to be expected, as it is embedded into...