Rollercoaster Markets: Why Dollar Downside Risks Are Here to Stay USD: Still Vulnerable Rollercoaster Ride: After a volatile session driven by safe-haven flows, the Dollar remains under pressure. The current environment (both bonds and risky assets falling) is creating mixed signals. Valuation Check: The Greenback looks expensive relative to short-term rate differentials against most G10 […]
Mixed Start to December: Global Equities Diverge as Energy and Gold Extend Gains Global risk sentiment is cautious at the start of December, with U.S. equity futures, including Nasdaq, trading lower ahead of a data-heavy week. Investors are reluctant to add risk before key U.S. macro releases, and U.S. futures remain in the red […]
AI and Fed-Cut Bets Keep Global Equities Steady as Gas Cools, Oil Drifts and Gold Extends Its Rally U.S. equity futures saw a brief technical disruption after CME Group halted trading in Dow, S&P 500 and Nasdaq contracts, though the pause followed an earlier, modestly positive tone. Within cash markets, AI remains the key driver: […]
Global Risk-On Rally Extends as Fed Cut Bets Lift Equities; Oil Softens on Ceasefire Hopes, Gas Stays Firm, Gold Eases from Highs U.S. equities extended their Thanksgiving week rally on Wednesday, with the Nasdaq climbing about 0.8% (roughly 189 points to 23,214.69) and the S&P 500 and Dow also advancing, while the VIX declined as […]
Global Risk-On Rally Extends as Fed Cut Bets Lift Equities; Oil Softens on Ceasefire Hopes, Gas Stays Firm, Gold Eases from Highs U.S. equities extended their Thanksgiving week rally on Wednesday, with the Nasdaq climbing about 0.8% (roughly 189 points to 23,214.69) and the S&P 500 and Dow also advancing, while the VIX declined as […]
US economic growth for last quarter is revised up to a solid 3% annual rate The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment. The Commerce Department had previously estimated that the nation’s […]
Gold Slips 1.1% Amid Stronger Dollar; All Eyes on Upcoming Inflation Data Gold prices fell by as much as 1.1% to $2,498.36 an ounce as a stronger dollar prompted investors to book profits after recent gains. The rise in the dollar, driven by speculation of month-end portfolio rebalancing, made gold more expensive for non-U.S. buyers. […]
Oil Rises After Israeli Strikes and Call to Halt Libyan Exports Oil advanced after an Israeli strike on Hezbollah targets in southern Lebanon raised tensions in the Middle East and Libya’s eastern government said it will halt exports. Global benchmark Brent traded near $81 a barrel, while West Texas Intermediate climbed past $76. Israel sent […]
US Dollar Drops as Markets Await Powell’s Speech at Jackson Hole The US dollar declined against major currencies early Friday as market focus shifts to Federal Reserve Chairman Jerome Powell’s upcoming keynote address at the Jackson Hole Symposium. Historically, this event has been a platform for signaling potential shifts in monetary policy. With recent soft […]
US Dollar Mixed as Markets Await Economic Data and Jackson Hole Symposium The US dollar showed mixed performance against major currencies early Thursday, rising against the euro and yen while falling against the pound and Canadian dollar. This comes ahead of a busy day of economic data releases and the start of the Federal Reserve’s […]