Dollar Holds Gains as Fed Rate Cut Looms; Aussie Surges on Strong Jobs Data The U.S. dollar steadies after hitting a 2-week high, as markets brace for the Fed’s expected rate cut next week. Meanwhile, the Aussie jumps on upbeat jobs data, and all eyes are on the ECB’s big decision today. Is the dollar’s […]
Gold’s Path to $3,000 by 2025: Goldman Sachs’ Bold Call Goldman Sachs forecasts gold prices could reach $3,000 an ounce by late 2025, despite a potentially strong U.S. dollar. The key drivers? Anticipated Federal Reserve rate cuts, central bank gold purchases, and global geopolitical tensions. Lower interest rates are expected to boost gold’s appeal by […]
Global Central Banks Pivot Amid Geopolitical Turmoil and U.S. Rate Cut Bets Markets remain steady as central banks worldwide lean into easier monetary policies. A surprise shift in China’s monetary stance—its first “appropriately loose” policy since 2010—sent Hong Kong stocks surging, while the Federal Reserve is almost certain to cut rates next week after mixed […]
Syrian Turmoil Shakes Oil Markets: Prices Edge Higher! Oil prices edged higher as the Syrian government’s collapse sent shockwaves through the Middle East, impacting its allies Russia and Iran. Brent rose toward $72 a barrel, and Texas Intermediate was above $67. The fall of Bashar al-Assad’s regime has created a power vacuum, raising concerns of […]
US Equity Funds on Fire: What’s Powering a 5-Week Inflow Streak? Fifth Week of Inflows: U.S. equity funds gained $8.85 billion this week, riding Wall Street’s rally and economic optimism. Large-Cap Leads: Inflows of $6.6 billion mark the highest in three weeks for large-cap funds. Sectoral Shift: Outflows hit tech (-$914M) and healthcare (-$538M) funds. […]
South Korea’s Crisis Jolts Markets as U.S. Jobs Data Looms South Korea’s martial law fears shake markets: won sinks, KOSPI plunges. Bitcoin cools after $100K high. All eyes on U.S. payrolls data for Fed rate clues. What’s next for global markets? 🌍📉📊 #Bitcoin #Markets #Fed #KoreaCrisis Renewed political tensions in South Korea, including fears of […]
Gold Market Highlights: Turmoil and Projections The gold market remains at the crossroads of politics and macroeconomics. Will it maintain its upward momentum? Haven asset demand rises as gold steadies at $2,634/oz amid political unrest in South Korea and France. In South Korea, a surprising martial law declaration (and quick reversal) by President Yoon Suk […]
Europe Faces Political Turmoil: French No-Confidence Votes and South Korean Impeachment Drama Shake Markets Political crises rock France and South Korea! 🇫🇷 French lawmakers to vote on no-confidence motions threatening Macron’s fragile coalition. 🇰🇷 Calls grow to impeach South Korea’s president after a martial law debacle. Markets react: Euro near 2-year lows. Details 👇 #Forex […]
Yen Rallies as Tokyo CPI Sparks Rate Hike Bets A surprise surge in Tokyo’s inflation sent the yen soaring to its strongest level in six weeks, breaking the critical 150-per-dollar mark. With core inflation accelerating, traders are ramping up expectations for the Bank of Japan to hike rates next month, signaling a potential end to […]
Bitcoin Nears $100K Amid Crypto-Friendly Regulatory Hopes! Can Bitcoin break the $100K barrier before the end of the year? Crypto Soars on Regulatory HopesBitcoin jumped to $97,361 this week, fueled by expectations that pro-crypto candidates will lead US regulators under President-elect Donald Trump. SEC and CFTC Shake-UpPaul Atkins, a known crypto advocate, is in the […]