The Fed Puts the Brakes on, GBP/USD Accelerates
The GBP/USD pair strengthened sharply today and briefly broke through a seven-week high, climbing back to near the 1.3400 area.…
JOLTS Shines, Why Does Gold Rise?
The better-than-expected JOLTS data briefly strengthened the dollar, indicating the relatively solid US labor market, but gold continued to rise.…
Asian Stocks Uncertain, What’s the Fed Fearing?
Asian stocks weakened in Tuesday’s trading as market participants began to worry about the direction of the Fed’s future policy…
Oil Stable, Is There a Threat of Oversupply?
Oil prices are stabilizing after previously recording their biggest daily decline in nearly three weeks, as market participants await the…
Gold Holds Strong, Market Confident Fed Ready to Cut Interest Rates
Gold strengthened at the start of the Asian trading session as market participants grew more confident that the Federal Reserve…
Asian Markets Nervous, What’s Behind Investor Caution?
Asian stock markets started the week cautiously. The MSCI Asia Index fell slightly by 0.1%, in line with weakening US…
Gold Clings Above $4,200, Market Bolder to Speculate on Fed Rate Cut?
Gold prices edged higher and held around $4,210 per troy ounce in early Asian trading on Thursday morning. This increase…
Gold falls as investors book profits, Treasury yields rise
Gold prices slipped on Tuesday, pressured by rising U.S. Treasury yields and profit-booking following a six-week high hit in the…
Gold Falls Slightly, Is There a Big Signal the Market is Waiting For?
Gold prices weakened in early December, dragged down by investor caution ahead of the Federal Reserve’s looming interest rate decision.…
Nikkei Breaks 50,000 Again, Japanese Stocks Also Hot
Japanese stocks opened higher on Thursday morning, following positive sentiment on Wall Street after US economic data further strengthened the…