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Analysts more bullish on silver than on gold in 2024
Analysts more bullish on silver than on gold in 2024
2024-02-13
Gold stagnates post-failure to break an all-time high in December. The US economy and inflation trump China's property concerns and wars.
​Stock market will climb a Wall of Worry
​Stock market will climb a Wall of Worry
2024-02-12
US equities has enjoyed a bright start in 2024, a sign that it may head for another yearly gain. However, better opportunities seem to exist elsewhere.
Oilprices head for weekly gains on Israeli shelling
Oilprices head for weekly gains on Israeli shelling
2024-02-09
Oil prices rose as tensions escalated in the Middle East after Israel rejected a ceasefire offer from Hamas, setting the stage for weekly gains.
Euro has little to offer against a resurgent dollar
Euro has little to offer against a resurgent dollar
2024-02-07
USD to EUR volatility stabilizes, and the market closely watches US CPI data. A Reuters survey indicates potential USD strength, yet the EUR maintains upward momentum. EUR to USD sees some rebound, but technical pressure warrants attention.
Equities fall as Powell saps cut bets
Equities fall as Powell saps cut bets
2024-02-06
Wall Street, Europe shares dip after Fed Chair Powell adjusts expectations. A strong job report makes six expected cuts unlikely.
Gold meanders on resilient inflation and lasting war
Gold meanders on resilient inflation and lasting war
2024-02-05
Gold dropped on a strong US nonfarm payroll, boosting the dollar and Treasury yields. Traders see a 70% chance of a May rate cut, per CME Fed Watch.
​Oil prices claw back some losses ahead of US NFP
​Oil prices claw back some losses ahead of US NFP
2024-02-02
OPEC+ kept oil output unchanged, boosting Friday trade and offsetting losses from unconfirmed Israel-Hamas ceasefire reports.
​Sterling remains in doldrums after Powell speech
​Sterling remains in doldrums after Powell speech
2024-02-01
Despite lower-than-expected private payroll increases last month, the US dollar continued to rise against the pound on Thursday after the Fed meeting.
The Fed's Jan meeting - The Fed signals monetary easing
The Fed's Jan meeting - The Fed signals monetary easing
2024-01-31
In December 2023, FOMC maintained rates, hinting at multiple 2024 cuts. Markets expect steady rates in the upcoming week's meeting.
​Australian shares set fresh highs, driven by banking sector
​Australian shares set fresh highs, driven by banking sector
2024-01-31
Wednesday saw Australian shares hit record highs on weaker-than-expected inflation. The S&P/ASX 200 has been on a stunning run recently.
NFP - The unemployment rate is stable at 3.7%
NFP - The unemployment rate is stable at 3.7%
2024-01-30
December's job report: 216,000 new positions added, maintaining a 3.7% unemployment rate, a significant increase from November's revised 173,000.
Bull market underway as S&P 500 hits new high
Bull market underway as S&P 500 hits new high
2024-01-30
US stocks advanced on Monday as market participants looked ahead to this week's slew of economic data and the Fed's monetary policy meeting.
Jan ADP - 164,000 new jobs were added in December
Jan ADP - 164,000 new jobs were added in December
2024-01-30
ADP report: The US added 164,000 jobs in December, surpassing 130,000 expectations, signaling a robust close to the 2023 labor market.
Oil climbs amid Europe and Middle East gloom
Oil climbs amid Europe and Middle East gloom
2024-01-29
Oil prices rose 1% after a missile hit a Trafigura tanker in the Red Sea. Russian refined exports declined due to drone attack-related refinery repairs.
Crude prices boosted by higher demand hope
Crude prices boosted by higher demand hope
2024-01-26
Oil prices fell after a 3% gain, reaching their December high amid an improved economic outlook and Red Sea tensions disrupting global trade.