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Markets in risk-off mode after outage Biden withdraws from Presidential race Gold and oil feel the heat of strong dollar Dollar Rallies on Haven Flows The US dollar traded higher against most of...
Gold Declines Amid Profit-Taking and Strong US Economic Data The gold (XAU) price dropped by 1.82% on Friday as the US dollar (USD) strengthened, driven by a stronger-than-expected July Philadelphia...
By Matti Williamson Bitcoin's correlation to the S&P 500 may have ended What triggered the S&P 500 weakness and why Bitcoin is rallying Bitcoin broke its way higher while the US markets,...
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Joe Biden threw in the towel and announced that he would quit the presidential race this weekend. He endorsed Vice President Kamara Harris to take his place. Harris said that she will do anything in...
On December 5, 1996, Chairman of the Fed Alan Greenspan offered that stock prices may be too high, thus risking a correction that could result in an economic fallout. He wondered out loud if the...
The Federal Reserve is widely expected to start cutting interest rates at the Sep. 18 FOMC meeting, but the debate is turning to how far the central bank will trim its policy rate once the easing...
US data awaited amid overly dovish Fed rate cut bets July PMIs to reveal how economies entered H2 BoC decides on monetary policy, may cut rates again Will Investors Add to Their Fed Rate Cut...
TSM announced better-than-expected quarterly results and lifted its growth projections for this year’s revenue. Good news helped limiting the previous day selloff in chip stocks yesterday but...
Gold Holds Near the Record High Despite a Slight Dip The gold (XAU) price dipped slightly on Thursday but remained close to its all-time high from the day before. Yesterday's US macro data was...
Today’s column will be a brief one, because it’s summertime and the people on the beach generally don’t read my column. I saw a headline today for an article on Realtor.com. “June 2024 Rental Report:...
Stocks are under pressure but the dollar fails to make gains ECB meets today, unlikely to produce a dovish shift The pound ignores data; the yen continues to rally against the dollar Stock Markets...
Love it or hate it, the 2024 US Presidential Election will only continue to get more media coverage from here. In an effort to head off the inevitable efforts to tie election results to market...
Gold Fell on Stronger US Building Permits Report The gold (XAU) price declined by 0.41% as the US Dollar Index (DXY) rose following the higher-than-expected US Building Permits report. On Wednesday,...
While everyone is speculating on how the ongoing international trade war could worsen if Donald Trump returns to the White House, it was Joe Biden who delivered a blow to the market yesterday as his...