Odds of a Federal Reserve rate hike surged past 85% ahead of the upcoming FOMC meeting following sticky inflation data and elevated oil prices. Rising Treasury yields are increasing pressure on equit…
U.S. stock futures edged higher ahead of crucial August CPI data, following hot PPI figures and climbing Treasury yields. Tech stocks saw mixed premarket action: Nvidia advanced on partnership news, …
US nonfarm payrolls crushed expectations with 162,000 jobs in August versus 56,000 expected, triggering a Bitcoin drop toward $78,600 as rate pause expectations solidified. Meanwhile, a dissident Bla…
Federal Reserve Chair Kevin Warsh offered no forward guidance at Jackson Hole amid persistent inflation. Markets now price a 57% probability of a rate hike in September, driving uncertainty across eq…
USDCHF pulled back after nearing key resistance near 0.8211-0.8214. While technicals show short-term selling pressure, the fundamental outlook supports the pair due to interest rate differentials bet…
Dollar slid after the Fed held rates steady despite an oil-driven inflation spike from US-Iran tensions. Euro and yen strengthened, crude surged over 6%, and gold/silver were mixed amid safe-haven de…
Gold trades near $4,020, awaiting the Federal Reserve's rate decision and pivotal $3,900 support. While technicals show a weekly bear market with heavy ETF redemptions, central bank buying and volati…
US equity futures declined pre-bell as renewed US-Iran hostilities drove oil prices sharply higher. Meanwhile, investors braced for upcoming FOMC rate decisions and mega-cap earnings from Microsoft a…
Wall Street rebounded from morning lows driven by easing oil prices and solid PMI data. Markets now brace for upcoming Big Tech earnings from Microsoft and Meta, alongside a crucial Federal Reserve i…
Gold consolidates between $4,000-$4,100 amid oil supply chain inflation fears and Fed uncertainty under new Chairman Warsh. Next week's FOMC decision and PCE data are key catalysts, with a break belo…
U.S. stock indexes are mixed as stronger-than-expected retail sales and a rebound in semiconductor stocks help offset losses in major mega-cap technology firms. Traders are highly focused on the upco…
US indexes rose as the FOMC began its two-day policy meeting, with investors focusing on new Fed Chair Kevin Warsh's upcoming comments. Meanwhile, the Dow Jones reached a new record high, Trump denie…
Bitcoin climbed past $66,000 amid easing geopolitical tensions, but analysts warn the rebound lacks genuine demand. With thin summer liquidity and the upcoming FOMC meeting, experts caution that a st…
Cryptocurrencies edged higher but remained cautious ahead of the Federal Reserve's interest rate decision. Despite MicroStrategy purchasing $100 million in Bitcoin, aggregate gains were capped by mac…
Microsoft beat earnings but shares fell due to cautious AI guidance; Meta surpassed estimates with increased AI investment; Tesla posted mixed earnings but positive outlook on Cybercab production.
USDCAD is on a strong upward trend with six consecutive daily gains, bolstered by a less dovish FOMC decision and key technical breakouts signaling continued bullish momentum.
EURUSD and GBPUSD rose as the dollar weakened after stronger-than-expected US retail sales and mixed data; markets brace for the FOMC decision, while European stocks underperformed and USDCHF plunged…