Investors worry over ongoing protests in China. PBOC will release about $70 billion to boost the Chinese economy. There is growing resentment of the Zero-COVID policy in China. The Equities market fell on Monday as concerns over the control of the virus in the second-largest economy in the world increased following unusual protests against the Read More…
Precious metals continue to rally after FOMC minutes. Long-term US Treasury yields fall to a more than seven-week low. Investors are leaning towards a 50bps Fed hike in December. The prices of precious metals rose on Friday as markets continued to assess the Federal Reserve’s dovish signals. Long-term Treasury yields in the United States fell Read More…
Oil fell on reports the EU was considering a higher Russian price cap. US gasoline stockpiles increased by 3.1 million barrels, pointing to slowed demand. Oil prices got support from the falling dollar after the less hawkish Fed minutes. Oil prices continued to fall on Thursday after the Group of Seven (G7) countries discussed setting Read More…
Investors are awaiting the release of the FOMC meeting minutes. COVID cases continue to rise in China, prompting more restrictions. The US dollar fell, showing improved sentiment as investors looked beyond China’s COVID. Wednesday saw an increase in Equities and a decrease in US Treasury yields as investors anticipate the release of the Federal Reserve’s Read More…
China’s Covid cases continue to plague markets as investors fear the return of the zero-COVID policy. The Organization for Economic Cooperation and Development will soon release its most recent economic outlook. Goldman Sachs warned that the global equities bear market is not yet over. Equities dropped on concerns that China would resume stricter COVID-19 control Read More…
The Dollar gained ground as Covid cases increased in China. Investors are losing hope over Covid restrictions in China. The Dollar is getting support from the hawkish tone of the Fed. Currency futures slid on Monday as the Dollar gained ground amid concerns about the effects of a rise in China’s Covid cases on the Read More…
Gold prices are falling on a hawkish Fed tone, boosting the Dollar. US retail sales rose more than expected in October, showing resilient consumer spending. US Jobless claims fell last week, indicating a tight labor market. Gold and silver prices fell on Thursday as the Dollar rose in response to recent remarks from US Federal Read More…
There are increasing demand worries as China reports rising COVID-19 cases. Geopolitical tensions have eased after NATO confirmed the Poland missile was an accident. Retail sales in the United States rose more than anticipated in October. Oil prices went down for the second day on Thursday as worries about demand in China, the biggest crude Read More…
US producer prices increased by 8%, lower than expected, in the year ending October. Despite declining US wholesale service prices in October, service inflation remains high. NATO allies are looking into claims that Russian missiles killed two people in Poland. The E-mini Nasdaq-100 (NQ) futures made gains on Tuesday as investors jumped on softer-than-expected inflation Read More…
The bull rally has paused on hawkish statements from Fed policymakers. Democrats have retained the majority in the US Senate. A Democratic sweep might resurrect concerns about spending and legislation. Major US Equity futures index prices including the S&P 500 (ES) futures closed lower on Monday while US bond yields increased, anticipating the continuation of Read More…