The S&P 500 is expected to close the week higher than 4,400, despite a decline in consumer confidence. Meanwhile, US Treasury bond rates have stabilised after rising more than 10 basis points over the course of the entire yield curve on Thursday. S&P 500 breaks 4,400 as Wall Street closes …

The DXY index trades neutral at 105.90, closing a 0.80% weekly gain. Fed hawks revived USD strength during the week.UoM consumer sentiment data come in lower than expected. The focus shifts to next week’s inflation figure from the US from October.The US Dollar showed minimal movement on Friday. The DXY …

The worldwide manufacturing sector is being impacted by China’s economic downturn, as evidenced by the decline in semiconductors, smartphones, and other electronics. Weak capital investment has also resulted in a slow demand for machinery.According to a Nikkei analysis of QUICK-FactSet data, the net incomes of about 13,000 major listed companies …

The Australian Dollar (AUD) has experienced a significant drop in value, with the AUD/USD pair dropping 0.12% for the day and extending its losses throughout the week. The RBA’s 25 bps rate hike under new Governor Michele Bullock’s leadership failed to provide a bullish impetus for the Aussie, and Fed …

Crude Oil saw a minor relief bid on Thursday before getting pushed back down. WTI ticked into $77.00 before slipping back to $75.00. US hits all-time highs on Crude Oil production.WTI Crude Oil continues to get pushed into recent lows as barrel bids struggle to find the floor on bearish …

Gold prices have rebounded from their weekly lows, marking a 0.43% increase, as traders digest the latest US jobless claims report. The Federal Reserve’s divided stance and the anticipation of Chairman Powell’s speech keep investors on edge, with a dovish tilt currently in the lead. Geopolitical tensions following the Hamas …

Russia is utilizing gold to get around sanctions put in place following its invasion of Ukraine, according to a red alert issued by the UK National Crime Agency (NCA) to the financial industry. According to the NCA, concerted efforts are being made to launder gold that has been sanctioned in …

After recent fluctuations, Wall Street appears to be mostly neutral. The Standard & Poor’s 500 is expected to have a quiet, mixed day for the fourth straight day, with early trading remaining unchanged. Nearly flat on the Nasdaq composite, the Dow Jones industrial average was up 11 points, or less …

Richmond Federal Reserve Bank President Thomas Barkin said on Thursday it remains to be seen whether the Fed needs to tighten the policy further.The US Dollar showed no immediate reaction to these comments. At the time of press, the US Dollar Index was virtually unchanged on the day at 105.50.Key …

Due to dovish remarks made by Fed officials, the US dollar has declined, and the Dollar Index (DXY) has only halfway recovered. The dollar’s recovery from last week’s weakness is only halfway complete, as indicated by the Dollar Index (DXY). Later on Thursday, traders will be watching for cues and …