Federal Reserve
Gold tests 50-day SMA support ahead of NFP
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07 JUN clock 13:25

Gold tests 50-day SMA support ahead of NFP

Gold fell by over 1% within minutes of news that the PBOC halted its gold purchases for the first time since October 2022! And there could be more volatility for the precious metal when the US jobs report arrives in just a couple of hours.
US stock indexes hit new record highs!
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06 JUN clock 11:11

US stock indexes hit new record highs!

AI-mania is still powering the likes of the S&P 500 and Nasdaq 100 to never-seen-before levels. Tomorrow's US jobs report should determine even greater heights, or a pullback, are warranted before the weekend.
Brent bulls halted from reaching $90, for now
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26 APR clock 12:31

Brent bulls halted from reaching $90, for now

The global oil benchmark is set to bring an end to 2 consecutive weekly declines. However, the 21-day simple moving average (SMA) is currently standing in oil bulls' way, ahead of today's US PCE Deflators release.
Gold recovers despite delayed bets for Fed rate cuts
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26 APR clock 11:50

Gold recovers despite delayed bets for Fed rate cuts

Gold is extending its rebound off the $2300 psychological level! Even so, the precious metal appears to be on the cusp of ending a 5-week winning streak.
USDJPY hits highest since 1990
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25 APR clock 13:17

USDJPY hits highest since 1990! What’s next?

USDJPY could see a greater-than 3000 point move in what might be this FX pair's most volatile week so far in 2024! Key events before the weekend could jolt USDJPY within the 151.90 – 159.00 range, amidst the rising threat of government intervention.