Tesla Soars After Crushing Q3 Expectations! Tesla stock is soaring, jumping 11.2% in premarket trading to $237.57 after delivering an impressive third quarter! Earnings per share came in at 72 cents, far surpassing the expected 60 cents. Margins are improving both year-over-year and sequentially, showing Tesla’s strength in navigating the competitive EV market. Wall Street […]

ECB on the Brink? Markets Eye Euro Zone PMI as Pressure Mounts Thursday’s PMI data from the euro zone is set to grab the attention of investors and policymakers alike. Business activity across the bloc is expected to remain stuck in contraction territory, fueling concerns over the region’s economic health. This gloomy outlook may nudge […]

Gold on Fire! Hits New Record with Silver Close Behind! The safe-haven rush is intensifying! Gold has surged to a historic high of $2,758.49, fueled by growing fears surrounding the US presidential race and escalating tensions in the Middle East.  With geopolitical risks mounting, investors are seeking refuge in gold, propelling it beyond previous records. […]

Dollar Strengthens, Pressuring Asian Shares as Global Bond Yields Rise Amid Tepid Fed Rate Cut Expectations The dollar rose against major currencies, impacting Asian shares as investor sentiment weakened due to the prospect of slower Federal Reserve interest rate cuts. US 10-year Treasury yields climbed past 4.2%, contributing to a global bond selloff, with Japan’s […]

Election Jitters and Fed Uncertainty Shake Bond Markets Worldwide! The bond market is in turmoil as investors brace for slower rate cuts from the Fed! The US 10-year yield surged above 4.20%, shaking markets from Asia to Europe.  Australia’s benchmark debt yields skyrocketed by 16 basis points, and Germany’s 10-year bonds also saw a sharp […]

Dollar Holds Firm Amid Fed Uncertainty and Election Jitters The U.S. dollar maintained its two-and-a-half-month high on Tuesday, fueled by expectations of a cautious Federal Reserve approach to rate cuts and rising Treasury yields. This has placed continued pressure on the yen, euro, and sterling, as recent data signals resilience in the U.S. economy. While […]

China’s Rate Cuts Spark Metals Rally: A Bull Run Begins! Big moves in the metals market! China’s economy is making waves in the metals market once again! Following aggressive rate cuts by Chinese banks to stimulate the struggling property sector, industrial metals are seeing a strong rally.  Copper surged 0.8%, hitting $9,700 a ton, while […]

Market Surges, Gold Shatters Records, Oil Takes a Hit All major US indexes closed higher, with tech giants, especially Netflix, fueling Wall Street’s impressive rally. The precious metal hit an unprecedented $2,732 per ounce as investors sought shelter from global uncertainty. Oil prices saw their biggest weekly drop in a month, stoking concerns about weakening […]

Big Tech Boosts US Stocks as Netflix Beats Expectations; Treasury Yields Steady US stock futures rose, led by Big Tech, as Netflix’s 7% premarket jump helped lift the Nasdaq 100 by 0.5%. Netflix exceeded Wall Street expectations, adding more subscribers than anticipated in the third quarter. Apple also gained after data showed iPhone sales in […]

Yen Breaks 150: Could a Steeper Fall Be Ahead? The yen has crossed the significant 150-per-dollar threshold, sparking concern among Japan’s top currency officials. This decline has put the Bank of Japan and policymakers on high alert, with some experts predicting the yen could fall as low as 160 in the coming months if the […]