Dollar Defies Gravity as Yen Tests the Line Dollar’s Surprising Rebound: Despite a softer-than-expected US CPI (Core at 0.2% MoM vs. 0.3% consensus), the Greenback quickly recovered its losses. Markets are looking past the data “noise” and focusing on a potential “Hawkish Pivot” from Jerome Powell as he fights to prove his independence following the […]

Dollar Bounces as Powell Crisis Eases Fed Independence Fears Abating: Market nerves are beginning to calm. Several Republican lawmakers, led by Senator Thom Tillis, have pushed back against the DOJ’s probe into Jerome Powell. Tillis even vowed to block all future Fed nominations until the “pretextual” legal matter is resolved, signaling to markets that the […]

The “Sell-America” Trade: Fed vs. Department of Justice Subpoenas and Indictment Threats: In a rare and somber video address, Fed Chair Jerome Powell revealed that the DOJ served the Fed with grand jury subpoenas. This criminal investigation stems from his testimony regarding the $2.5 billion renovation of the Fed’s headquarters, which critics (including the Trump […]

Markets Cautious Ahead of US Jobs Data and Tariff Ruling Asian equities edged lower and the dollar remained firm as investors turned cautious ahead of key U.S. events, led by the December jobs report and a highly anticipated Supreme Court decision on the legality of broad U.S. tariffs. With markets already sensitive to policy uncertainty, […]

US Stock Futures Hold Steady After Volatile Session Ends Market Rallies US stock futures were little changed on Wednesday evening as Wall Street paused following a volatile session that brought multi-day rallies for major indexes to an end. Dow Jones Industrial Average futures (YM=F) edged slightly above the flatline, while S&P 500  and Nasdaq 100 […]

Gold Pauses as Data Takes Center Stage   Geopolitical Fatigue: After a massive 4% rally fueled by the Venezuelan crisis, Gold has softened to around $4,466/oz. Traders are starting to “look past” the headlines, including Trump’s claim that Venezuela will hand over 50 million barrels of oil to the US. New Fronts in Friction: Geopolitics […]

Low Oil Prices and Political Uncertainty Dampen U.S. Interest in Venezuela U.S. President Donald Trump’s expectations regarding Venezuela’s oil resources may be unrealistic. Although Trump has suggested that U.S. oil companies could gain access to Venezuela’s vast oil reserves, industry sources say American firms are reluctant to invest in the country. Key reasons include ongoing […]

Global Markets Mixed Following U.S. Capture of Venezuelan President Oil prices edged slightly higher early Monday in Asian markets, while precious metals recorded strong gains. Markets reacted with mixed sentiment to the U.S. capture of Venezuelan President Nicolás Maduro during a weekend operation. Share prices opened higher, with benchmark indexes in South Korea and Japan […]

Year-end thin trading keeps equities near records as Fed minutes, Japan’s rate shift, Russia-Europe gas cuts, and gold’s blockbuster 2025 take focus U.S. stocks were little changed to slightly lower, with communication services strength (Meta up after saying it acquired AI startup Manus) offset by softness in tech and financials as investors parsed the latest […]

Year-end thin liquidity amplifies tech-led equity moves as geopolitics, Fed minutes, and metals volatility steer the tape Markets are trading in holiday-thinned, year-end conditions where positioning and a light catalyst calendar are shaping volumes and risk appetite. The U.S. dollar is steady in thin FX trading, with attention shifting to upcoming Fed communication/minutes, while geopolitics […]