Nvidia Shines; Jobs Data Looms for Markets
Markets digest Nvidia's stellar earnings and hot PCE inflation. Focus shifts to next week's Jobs Week, with jobless claims expected to remain near lows despite mixed payroll data.
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Markets digest Nvidia's stellar earnings and hot PCE inflation. Focus shifts to next week's Jobs Week, with jobless claims expected to remain near lows despite mixed payroll data.
Hotter-than-expected US PCE inflation data has increased the probability of a September Fed rate hike, supporting the US Dollar. While the ECB is expected to continue tightening, BoE tightening expec…
Silver eased back after PCE inflation data came in hotter than expected, supporting the case for higher interest rates. Silver futures dropped 0.94% to $67.990 a troy ounce. Long-term support remains…
Silver prices held steady near $68.62 per ounce as precious metals entered a holding pattern ahead of key PCE inflation data and Federal Reserve commentary. Despite minor daily dips, silver maintains…
Persistent above-target inflation prompted three FOMC members to push for a July rate hike. Historically, new Fed tightening cycles have triggered stock market corrections, with S&P 500 and Nasdaq av…
KC Fed's Schmid says inflation remains too high and monetary policy isn't yet restrictive, signaling need for further rate hikes. He downplays recent PCE deceleration as premature, citing strong dema…
US futures rise ahead of June PCE data and Q2 GDP report. Inflation appears to be easing while growth stays steady, supporting risk assets, though rate-sensitive sectors remain in focus. XOM earnings…
Strong US labour data fueled a dollar rally and hawkish Fed repricing, while BoE kept rates steady. GBPUSD faces bearish technicals around 1.3334 with risk of a drop toward 1.3140; US PCE and UoM dat…
Bitcoin neared $109k support and risks a drop toward $100k as long liquidations and a broad deleveraging event coincide with PCE inflation failing to boost bulls.
U.S. PCE inflation matched expectations, boosting Fed rate-cut odds and lifting stocks and gold while Treasury yields stayed flat. Tariff concerns weighed on the dollar, increasing chances of near-te…
Stronger US data — rising consumer spending, in-line PCE and upward GDP revision — bolstered the dollar, keeping it on track for weekly gains and pressuring the euro and yen.
USD/CAD steadied near 1.394 as Canadian GDP held steady and July was revised up, while softer US PCE inflation eased dollar strength, reducing upward pressure on the pair and supporting the loonie.
The U.S. dollar rebounded after Fed Chair Powell's cautious comments, pushing EURUSD down 0.5% as German business morale fell; sterling also slid. Markets still price two Fed cuts this year, with Fri…
Euro weakened to $1.178 after a weaker-than-expected German Ifo and mixed PMI; Powell's cautious comments and heavy Fed-cut pricing ahead of US PCE add market uncertainty.
Bitcoin slid to $114,300 after failing to break $118,000, with $75B leaving crypto markets and a likely retest of $110,000. Traders await Fed Chair Powell and key US data, increasing short-term downs…
July PCE matched estimates with core inflation steady; the dollar held gains and EURUSD slipped modestly. Analysts say the data keeps September Fed cut odds alive but may not accelerate easing, suppo…
Asian stocks rose after tech-led US gains; Nvidia's results undershot expectations but confirmed strong AI spending. Markets await US PCE inflation data, lifting rate-cut bets and pressuring the doll…
Stocks hit record highs after a strong Q2 GDP revision; mixed earnings followed. NVDA reported earnings yesterday, but tomorrow’s July PCE inflation report is likely to drive near-term market volatil…
Quiet markets ahead of Nvidia earnings and Friday's PCE, with traders watching Treasury auctions and Fed independence risks; EURUSD has slipped, reflecting dollar strength and yield-driven caution.
Bitcoin slid to a six-week low near $108k amid a post‑Powell unwind, down ~12% from its ATH; markets await Friday’s PCE inflation print which could trigger further moves or a bounce.