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Mohamed Abdelhamid

Daly Signals Caution: Fed Ready to Hold, But Not Ruling Out Rate Cuts

Mary Daly has reinforced the Federal Reserve’s cautious stance, emphasizing that interest rates will likely remain unchanged if inflation continues to run above expectations. Her remarks highlight a central bank navigating a complex mix of persistent price pressures and unpredictable geopolitical developments.Daly made it clear that the path forward depends …

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Wall Street on Edge: Nasdaq Extends Winning Streak as Markets Brace for Geopolitical Shock

U.S. stocks closed the week with solid gains, but the final session revealed a more cautious tone beneath the surface. All three major indexes advanced over the week, with the S&P 500 posting its strongest performance in months. The Nasdaq stood out, extending its rally to an eight-day winning streak, …

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AI Threat: Behind Closed Doors Emergency Meeting That Rattling Wall Street

Top U.S. officials summoned banking giants to a closed-door session — and the reason was a single AI modelAmerica’s most powerful financial regulators don’t call emergency meetings over minor concerns. When the Treasury Secretary and the Federal Reserve Chair jointly summon the heads of the country’s biggest banks to a …

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Wall Street Turns Higher on Geopolitical Relief Rally and Cooling Fears

US equities closed higher on Thursday, with major indexes recovering from early losses as sentiment improved across global markets. The S&P 500, Dow Jones Industrial Average, and Nasdaq all finished in positive territory, supported by renewed optimism that geopolitical tensions may stabilize.The rebound came after a volatile session, with investors …

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Gold Nears $4,800 as Dollar Weakens, Geopolitical Risks Rise, and CPI Data Looms

Safe-Haven Momentum Builds Across Global Markets Gold is regaining strong upward momentum in global markets, with Gold pushing toward the critical $4,800 level as investors react to a weaker US Dollar, falling yields, and rising geopolitical uncertainty.The move in XAU/USD reflects a broad shift in sentiment, as dollar softness and …

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EUR/USD Climbs as Truce Optimism Fuels Risk Appetite Ahead of Key US CPI Data

The EUR/USD extended its advance on Thursday, moving closer to the 1.1700 level as improving global risk sentiment weighed on the US Dollar. Expectations of renewed diplomatic engagement in the Middle East supported a shift toward risk assets, helping the euro gain ground across major markets.The pair briefly touched a …

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Bitcoin Holds Firm After PCE Data, Market Eyes Breakout Toward $80K

Global markets entered a phase of cautious stability after the latest PCE inflation data met expectations, allowing Bitcoin to hold near the $71,000 level. The absence of surprises in inflation readings removed immediate pressure from risk assets, giving Bitcoin room to consolidate following a brief push toward recent highs.PCE Brings …

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