May PMIs are Today’s Main Event
In focus today In the euro area, focus turns to the May PMIs. The economy […]
Nvidia’s Stock Price Has Doubled Since the Beginning of this Year
Federal Reserve’s (Fed) Christopher Waller gave a C+ to the latest US inflation data, saying […]
Metals Shine
The week kicked off with quite a solid appetite, especially for commodities. Gold advanced to […]
PMIs in Focus This Week
In focus today Today, we look out for several Fed speakers as Williams, Barkin, Barr, […]
Elliott Wave Analysis Expects Dow Futures (YM) to Pullback in Wave 4
Short Term Elliott Wave in Dow Futures (YM) suggests rally from 4.19.2024 low is unfolding […]
How High is Too High?
Equity bulls around the globe celebrated in style the softer-than-expected US CPI data last week. […]
Risk-On Sentiment Pushes US Stocks to New Highs, Safe-Haven Currencies Underperform
Risk-on sentiment dominated global financial markets last week, with investors buoyed by US inflation report […]
S&P 500 Index Hits Record High Amidst Lower Inflation
The US stock market has surged to new heights, with the S&P 500 index reaching […]
Chinese Data Showed a Mixed, Rather Unconvincing Picture
Markets Triggered by Fed chair Powell ruling out a hike, then reinforced by sub-consensus payrolls […]
The Elephant in the Room
All major US indices advanced to fresh ATH yesterday; the S&P500 and Nasdaq 100 traded […]
FOMC minutes decidedly hawkish, DOW retreats but stays bullish
US stocks ended lower overnight as minutes from the latest FOMC meeting revealed a more […]