Yesterday was a strong day in terms of meme trading and speculation; Donald Trump’s Truth Social flew with its own wings for the first time yesterday and rose up to 60% under the ticker DJT before settling 16% higher at the end of the session, Reddit also saw some nice intraday volatility.
Appetite for meme stocks and cryptocurrencies is back and ... Show More
Today
Powell’s dovish speech fuels risk appetite
Federal Reserve (Fed) Chair Jerome Powell’s Jackson Hole speech was surprisingly dovish. Investors lapped up his words, betting that the first Fed rate cut since last September is now only weeks away. Markets cheered: the S&P 500 brushed against record highs, small caps soared, a ... Show More
10m 44s
Jan 2024
Tech stocks rally on AI boom even as yields rise, dollar steady
Apple and semiconductors push Nasdaq 100 to new record high. But Fed repricing limits gains outside of tech as yields edge up. Dollar holds firm, pound slips on data, yen propped up by verbal intervention.Risk Warning: Our services involve a significant risk and can result in the ... Show More
4m 11s
Feb 2023
Dollar stays strong, pound plummets as UK inflation eases
US 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 accounts lose mo ... Show More
5m 10s
Jun 2023
Stocks resume climb after uptick in jobless claims, dollar tumbles
US weekly jobless claims hit highest in 1½-years, boosting Fed pause bets. Tech stocks find reason to celebrate as yields decline but China weakness weighs. Dollar skids but steadier today, aussie leads FX weekly gains.
Risk Warning: Our services involve a significant risk and ca ... Show More
3m 42s
Jun 2023
Stocks slip, dollar steadies as rate hikes, a rate cut and Powell awaited
Equities start week on the backfoot amid uncertainties; can Powell change
the mood? China steps up effort to boost economy but Asian stocks
unimpressed. Pound shines ahead of BoE decision, SNB coming up too,
dollar crawls off lows.
Risk Warning: Our services involve a significant ... Show More
4m 31s
May 2024
Fed uncertainty puts stocks on edge, dollar edges up
Fed policymakers maintain caution ahead of minutes as risk appetite ebbs. Commodities retreat from highs amid hawkish Fed, calm in Middle East. Dollar inches higher, ether jumps 19% on spot ETF hopes.
Risk Warning: Our services involve a significant risk and can result in the los ... Show More
3m 46s
Aug 2022
The Sun Overdose for European stocks...
The week starts moody in Asia, as economic data from China and Japan missed estimates early this Monday.
Crude oil begins the week under selling pressure around the $91 per barrel. US index futures are down, but interestingly, the European futures were better bid in Asia; but new ... Show More
11m 3s