U.S. Economic Resilience on Display in the Second Quarter
The U.S. economy surprised to the upside in the second quarter of 2024, expanding by […]
Stock Routs Undermine the Image of Ethereum ETF Launch
Market picture The pressure on financial markets has spread to cryptocurrencies – the flip side […]
Markets Gradually Moving to a Scenario of Fed Cutting Cumulative 75 bps This Year
Markets Market focus yesterday initially was on the PMI releases. Later sentiment turned sharply risk-off […]
A Bad Day for Tech Stocks
Underwhelming results from Tesla and Alphabet painted the equity markets in the red yesterday. The […]
Bank of Canada Cuts Policy Rate to 4.5%
The Bank of Canada cut the overnight rate to 4.50% (from 4.75%), while stating that […]
EUR/USD Pares Losses After Weak Eurozone PMIs
The euro edged lower on Wednesday but has recovered. In the North American session, EUR/USD […]
Oil Price Update: Brent Holds Critical Support Amid US Inventory Decline
Oil prices have declined over the past four days, but Brent oil remains at a […]
Yen Extends Its Comeback Supported by strong Japan Jibun Services PMI
Markets In a session with few important data core bonds remained well bid, Bunds outperforming […]
The First View on Big Tech Earnings Wasn’t Inspiring
The first view on Big Tech earnings wasn’t inspiring. Tesla’s earnings missed estimates for the […]
Crypto: Tactical Retreat from the Peak
Market picture The cryptocurrency market lost 2% of its capitalisation in 24 hours to $2.41 […]
Outcome of Expected Contest Between Trump and Harris Too Early To Call
Markets US President Biden stepping out of the presidential election race dominated press/market headlines yesterday. […]
Big Tech Rebound Ahead of Earnings, Oil Slips
Week started on a bullish note in Europe and the US as Jow Biden’s decision […]