Fundamental Analysis

Currency Futures Soar on Powell’s Cautionary Stance

On Friday, currency futures rose while the dollar declined after Federal Reserve Chair Jerome Powell expressed caution about further interest rate moves. Investors perceived Powell’s comments as dovish, anticipating that the Fed is done raising rates. Powell acknowledged that US monetary policy is slowing the economy, with the benchmark overnight interest rate in restrictive territory. Read More…

Fundamental Analysis

Gold Slides but Holds Ground for Second Monthly Gain

On Thursday, gold slipped but stayed on course for a second consecutive monthly gain due to expectations that the Federal Reserve might soon cut interest rates. This would make non-yielding bullion more attractive. Moreover, the rise of the dollar for the day contributed to the drop in gold prices. However, the dollar was on track Read More…

Crude Oil Futures
Fundamental Analysis

Oil Prices Surge Amidst Supply Cut Anticipation

On Wednesday, oil prices surged over $1 per barrel as investors focused on potential supply cuts from OPEC+ and overlooked the increase in US crude, gasoline, and distillate stockpiles. Possible discussions for additional cuts from the OPEC+ group during Thursday’s policy meeting have boosted oil markets. Reports suggest a cut of up to 1 million Read More…

a man researching his stocks
Fundamental Analysis

Equities Make Modest Gains After Mixed Fed Signals

On Tuesday, US equities gained modestly as investors analyzed mixed remarks from Federal Reserve officials. Upbeat consumer data added to the positive sentiment. The three major US stock indexes initially lost momentum but closed in positive territory after a range-bound session. Market participants are closely examining comments from monetary policymakers ahead of the FOMC meeting Read More…

european futures increases
Fundamental Analysis

Equities Take a Breath After Thanksgiving

Equities drifted lower on Monday as investors paused after Thanksgiving, anticipating crucial economic data during the bustling holiday shopping season.  According to Adobe Analytics, Cyber Monday is projected to drive record spending of $12 billion, enticing shoppers with online deals. This upbeat sign reflects the strength of the American consumer, who contributes about 70% to Read More…

technology stocks
Fundamental Analysis

Currency Futures Climb on Upbeat Data, Dollar Declines

On Friday, currency futures rose on upbeat data while the dollar fell after US business activity data. However, currencies traded within a narrow range as US markets closed early following Thanksgiving.  In November, US business activity remained stable. However, the private sector witnessed its first decline in almost three-and-a-half years, aligning with predictions of a Read More…