Gold (1.31%) rallied nicely as treasury yields declined, with the 10-year yield falling to 3.714%. The decline in yields comes as investors buy government bonds, possibly driven by the expectation…

Equity markets got spooked by the two recent rate hikes from the RBA and the BOC. Bonds sold off sending the yield-sensitive Nasdaq lower. Investors are starting to think the…

Major US indices gained modestly yesterday with S&P 500 (0.33%) and Nasdaq Composite (0.36%) reaching fresh closing highs for the year. Financial stocks led the market, with regional banks recovering…

The Reserve Bank of Australia (RBA) surprised the markets with a 25 basis points hike. The central bank acknowledges that while inflation has peaked, it still remains at elevated levels.…

Today’s NFP report (+339K) delivered excellent news, surpassing analysts’ expectations and signalling strong growth in the labour market. Contrary to predictions of 193K new jobs created in May, the actual…

Based on the recent employment-related data it seems likely that today’s NFP number comes in higher than the consensus expectation of 193K jobs. At the same time, ADP reports slowing…

Stocks traded lower yesterday as concerns about the economy and potential Fed rate hikes weighed on investor sentiment. Nasdaq, Dow, FTSE and DAX all traded lower. The increase in job…

China’s manufacturing Purchasing Managers’ Index (PMI) fell to a five-month low of 48.8, pressuring commodities and commodity currencies in the Asian session today. Yesterday the US equity markets finished flat.…

Investor sentiment in the US has been positive when it comes to AI stocks. There’s also some optimism over a potential debt ceiling agreement, which could lead to the suspension…

The US equities gained on Friday as investors kept on pouring money into the big tech names with the hope of those stocks gaining on AI-frenzy. The DJIA (Dow Jones…