All-Time Highs: Why Investors Are Rushing to Gold • Fresh Record: Spot gold surged above $3,500/oz, marking a new all-time high before easing slightly.• Fed Rate-Cut Bets: Expectations of imminent Federal Reserve interest rate cuts are fueling the rally.• Macro Drivers: Softer US economic data, elevated geopolitical risks, and Trump’s clash with the Fed are […]
Commodities Watch: Why the Jobs Report Could Be a Game-Changer Metals:• Gold prices extended gains, supported by hopes of a Fed rate cut in September.• Much hinges on the upcoming U.S. jobs report – another weak reading would likely strengthen the case for easing.• Speculators lifted net long gold positions by 6,363 lots, reaching 148,122. […]
Nvidia’s profits are up, but the company’s future growth is uncertain and sales in China are slowing things down. US markets are waiting for the GDP and jobless data, and Japan’s trade negotiator has cancelled his trip to the US. Nvidia did really well in the second quarter of the year, making $46.7 billion, which […]
Jackson Hole Countdown: Traders Bet on a September Cut • Dollar Hovering : The U.S. dollar remained steady below a one-week high ahead of the Jackson Hole symposium.• Mixed Asian Stocks : Japan’s Nikkei slipped 0.6%, while South Korea’s KOSPI bounced 0.9%. Chinese blue chips rose 0.5%, but Hong Kong’s Hang Seng stayed flat.• Wall […]
Asia Markets Tumble as Investors Await Powell at Jackson Hole • Asian markets: Asian shares slipped, following a tech-led selloff on Wall Street.• U.S. dollar: The dollar steadied ahead of the Jackson Hole symposium this week.• Oil prices: Oil recovered as traders weighed Ukraine peace talks and potential easing of Russian crude sanctions.• Futures performance: […]
Energy, Metals, Agriculture – Key Drivers in Focus This Week Energy – Oil• Oil prices are trading lower following Trump–Zelensky talks.• Focus now shifts to a potential Zelensky–Putin meeting within two weeks — the first since the war began.• Main sticking point: Russia demands full control of Donetsk and Luhansk, which Ukraine strongly rejects.• Betting […]
Jackson Hole Watch: Three Big Issues for the Fed Chair As Fed Chair Jerome Powell prepares to speak at the annual Jackson Hole symposium, markets are watching closely. Here are the big issues on the table: Tariffs & Inflation:• Are tariffs really pushing prices higher, or are companies absorbing the costs?• CPI data shows muted […]
Dollar Traders Eye Data Over Diplomacy • Meeting Time: Trump–Putin summit in Alaska is scheduled for 20:30 BST / 21:30 CET. Immediate impact on markets may be limited until Monday.• Geopolitical Stakes: The meeting could outline a draft ceasefire plan for Ukraine, but there’s a 25% chance nothing will be agreed today, which could be […]
U.S. Futures Take a Breather Amid Wall Street Rally & Economic Data Watch • Futures Flat After Strong Week – U.S. stock index futures paused Thursday after two consecutive record-breaking sessions for the S&P 500 and Nasdaq.• Labor Market Weakness Fuels Rate-Cut Bets – Softer job data has boosted expectations for a 25 bps Fed […]
The US inflation report makes it more likely that the Fed will cut interest rates. The Bank of Japan is discussing a possible change in policy to become more aggressive. India and China have re-established their economic ties after Trump put 50% tariffs on Indian goods. • A US inflation report for July that was […]
