Gold Gains on Weakening US Dollar The gold (XAU/USD) price rose by 0.83% on Monday, buoyed by a weaker US dollar and escalating trade tensions following Treasury Secretary Scott Bessent’s warning...
Walmart (NYSE:WMT) warned last week that it will have to raise prices because of President Donald Trump's tariffs. On Saturday, the President advised the country's largest retailer that it should...
Wall Street bounce boosts AUD and ASX 200 RBA cut fully priced, focus shifts to guidance Hawkish tone could lift AUD, weigh on equities AUD/USD testing key 200DMA with bullish signals ASX 200...
It would seem the market blew off the Moody’s downgrade for now, but it will be interesting to see where the US dollar and rates are in a few days’ time. There was undoubtedly a big move in rates...
Short positions in TLT, the popular 20-year US Treasury Bond ETF, have spiked to over 130 million shares, up from 107 million last month. TLT has 541 million shares outstanding. Consequently, the...
Introduction The Federal Reserve has decided to keep interest rates at 4.5%, signaling caution in its approach to managing the US economy. However, former President Donald Trump has been vocal in...
Gold Rebounds on Concerns Over US Economic Outlook and Budget Deficit The gold (XAU/USD) price fell by 1.13% on Friday but later recovered some losses after ratings agency Moody's downgraded the US...
Dollar retreats on Moody’s downgrade, Bessent’s tariff comments US stock futures point to a lower open, gold rebounds BoJ’s Uchida supports more rate hikes should the economy rebound RBA to cut by...
Asian Session Market Wrap US stock futures fell, and Treasury yields rose after Moody’s downgraded the US government’s top credit rating. The downgrade, from AAA to AA1, was due to a growing budget...
On Friday, the credit agency Moody’s downgraded the US rating by one notch to Aa1 (equivalent to AA+). By now, you’ve probably read tens of opinion pieces arguing this is the beginning of the end,...