US equities could hardly consolidate gains they posted following the Wednesday’s softer-than-expected inflation data in the US, even as the producer price index printed the first monthly decline since April 2020.
The barrel of US crude rebounded to $94 as the International Energy Agency (IEA) warned that the biggest US oil companies’ combined defi ... Show More
Feb 2023
Bard’s gaffe costs Google more than $100bn!
US equities fell yesterday on the back of two important factors: hawkish comments from the Federal Reserve (Fed) members, and the unexpected surge in the American used car prices. The S&P500 fell more than 1%, while Nasdaq slid around 1.80%.
Inside Nasdaq, Google had a particular ... Show More
10m 46s
Jul 2022
Yen enjoys some relief as oil prices cool off
Send us Fan MailYen bounces back as growth concerns pressure crude oil and yields. New quarter but investors still defensive - stocks, aussie, kiwi down. Striking part is that gold cannot capitalize, hits six-week low instead.Risk Warning: 74.89% of retail investor accounts lose ... Show More
4m 2s
Feb 2023
Mood improves ahead of US inflation data; stocks perk up, dollar slips
Send us Fan MailStocks rebound as bond yields fall back, but US inflation report poses a risk. Yen firmer after Ueda confirmed as nominee for BoJ governor. Pound inches higher on UK jobs data, gold finds support ahead of US CPI.Risk Warning: 78.17% of retail investor accounts los ... Show More
4m 43s
May 2023
Dollar pauses for breath ahead of inflation data, tech rally eases
Send us Fan MailFed rate cut bets continue to be priced out, all eyes on core PCE inflation. US dollar softer today but still headed for third weekly gain. Debt deal progress and AI buzz lift Wall Street, global equities.Risk Warning: Our services involve a significant risk and c ... Show More
4m 42s
Feb 2023
Dollar stays strong, pound plummets as UK inflation eases
Send us Fan MailUS retail sales rebound strongly, adding to soft landing hopes. Dollar climbs higher as investors maintain Fed hike bets. Pound falls as slowing inflation alleviates pressure on BoE. Equities gain, but gold extends decline.Risk Warning: 78.17% of retail investor a ... Show More
5m 10s
Jun 2023
Dollar slips, stocks soar ahead of US inflation report
Send us Fan MailAll eyes on US inflation data today, could influence Fed decision. Dollar slips, sterling jumps after jobs data, stocks power higher. China cuts interest rates, crash in oil prices warns of soft demand.Risk Warning: Our services involve a significant risk and can ... Show More
4m 21s