The US equities approach a vital week, facing a conflict of good corporate earnings on one end and tightening macroeconomic factors on the other. The S&P 500 and Nasdaq 100 are holding close to all-time highs, thanks to a bullish earnings season, sentiment around AI, and hope that the economy will achieve a soft landing. Read More…
Currency futures fell on Monday as the dollar rallied on optimism about the trade deals. The US signed yet another trade deal with the European Union over the weekend, easing concerns about a slowdown in the US economy. At the same time, market participants were preparing for the Fed policy meeting where Powell might keep Read More…
Interest futures were subdued on Friday as Treasury yields remained elevated amid stronger investor confidence in the US economy. Recent progress in trade deals has boosted risk appetite and convinced investors to buy back US assets. At the same time, upbeat data and earnings have pointed to a resilient economy, further supporting yields and weighing Read More…
Oil prices rose on Thursday as the demand outlook improved with the signing of more trade deals between the US and its trading partners. At the same time, the US reported a larger-than-expected decline in crude inventories, indicating robust demand. The latest US trade deal that eased trade war concerns was with Japan. It came Read More…
Gold prices edged lower on Wednesday after news of a trade deal between Japan and the US eased some tariff uncertainty. However, the move was brief, and gold held near the highs reached in the previous session, amid fears of a looming trade war. Gold has rallied this week as investors sought safety amid tariff Read More…
Equities hit record highs on Monday, fueled by optimism for the Q2 US earnings season. Market participants are less concerned about tariffs due to strong consumer spending data. Still, uncertainty about tariffs remains a concern as the new August 1 deadline nears. The second quarter earnings season has started, and traders are looking forward to Read More…
Currency futures gained on Monday as the dollar paused last week’s rally, with market participants weighing the outlook for Fed rate cuts. Even the yen gained after Sunday’s election, which led to a loss of majority seats in the Upper House for the ruling party. Last week, most currency futures eased as the dollar gained. Read More…
Interest futures rose on Friday after upbeat economic data in the previous session raised optimism about the state of the US economy. However, a decline in Fed rate cut bets and a rally in US Treasury yields put a lid on gains. US retail sales (Source: US Department of Commerce) Interest futures fluctuated on Thursday, Read More…
Oil prices recovered from a three-session drop on Thursday as trade tensions eased and data revealed solid oil demand in the US. However, the risk of an escalation in trade tensions might keep prices subdued. At the same time, upbeat US CPI data eased expectations for a Fed rate cut, which in turn hurt prices. Read More…
Gold prices rebounded on Wednesday as the dollar and Treasury yields paused their rally. Meanwhile, in the previous session, the yellow metal dropped after data revealed an acceleration in US price pressures. At the same time, gold has been subdued this week due to rising hopes for more trade deals. The dollar and Treasury yields Read More…
