Gold Dips as Investors Anticipate Gradual Rate Cuts by the Fed Gold (XAU/USD) price dropped by 1.23% on Tuesday due to the strengthening US dollar (US Dollar) and rising Treasury yields as investors...
Key Takeaways The Fed is expected to lower interest rates by 25 basis points to a range of 4.25% to 4.5%. Increased market instability is possible as the event looms. The US economy added 227,000...
It was another weak day for the markets. The S&P 500 closed lower by 39 basis points, but the weakness was more pronounced in the RSP equal-weight index, down 80 basis points. The Dow dropped for...
Total (EPA:TTEF) retail sales for November came in better than expectations, now $724.6 billion and another record high. Retail sales are now +38% above the pre-COVID high. Novembers gain came in at...
S&P Emini market analysis Emini daily chart The Emini is in a tight trading range on the daily chart and, therefore, a neutral market. Traders should assume that the probability is close to 50%...
Several updated nowcasts for US economic activity in the fourth quarter have been revised sharply higher recently, but the median estimate barely changed, based on the several data points from a...
The Federal Reserve’s last rate decision of the year is this week, and another rate cut is on the horizon. The market is pricing in a 97% chance of a 25 basis point cut, so that’s pretty much...
Its a busy week; we have the Fed, Bank of Japan, and Bank of England meetings, but all eyes will be on the Fed, which is expected to cut rates. Speculators are debating whether this could be a...
The US Dollar Index is up over 6% this year, almost all attributable to a post-election surge. As many developed nations show stagnant economic growth or even contraction, the U.S. economy continues...
