US equities fell on Thursday as traders continued to debate over the possibility for higher rate policy by the Fed.The Dow Jones Industrial Average fell 150 points, or 0.5%. The S&P 500 and Nasdaq Composite declined 1.1% and 2.2%, respectively. All of the major averages are on track to finish …

Markets are becoming harder and harder to predict in 2022. One of the biggest questions, right now, is whether a reliable common measure of volatility can work and show risk direction.Traders lack a reliable measure of the risk level when they have to make investment decisions. Instead, they derive direction …

US dollar is soaring after the ISM Manufacturing PMI data. The GBP/USD pair drops for the fifth successive day. So, the stronger US Dollar pushed the pair under 1.1500 for the first time since March 2020. The dollar is sharply rising following the positive US economic data, amid risk aversion …

According to the Fed Bank of Atlanta’s GDPNow model, the US economy is expected to grow at an annualized rate of 2.6% in the third quarter, up from 1.6% in the previous estimate.“After this morning’s construction spending release from the US Census Bureau and this morning’s Manufacturing ISM Report On …

The EUR/USD pair has collapsed by 1% after upbeat US economic data. The pair breaks below parity, extending its losses after hitting on Wednesday a weekly high at 1.0079.Better than expected US S&P Global and ISM Manufacturing PMI further support Fed’s rate hiking stance and even a jumbo 75 bps …

Gold is lacking momentum at the moment as prices trend lower towards $1,700 an ounce, but some analysts still believe that chances for further downside are limited.Gold prices are modestly down on Wednesday but off lows. During the US session, gold briefly rebounded from the one-month low at $1,709 and …

Gold is lacking momentum at the moment as prices trend lower towards $1,700 an ounce, but some analysts still believe that chances for further downside are limited.Gold prices are modestly down on Wednesday but off lows. During the US session, gold briefly rebounded from the one-month low at $1,709 and …

US Treasury Secretary Janet Yellen warned that a failure to place a price cap on Russian oil would hurt the global economy. “Without a price cap, we face the threat of a global energy price spike if the majority of Russian energy production gets shut in,” Yellen said, on Wednesday.The …

As August comes to an end, and markets get prepared for September, historically the worst month for some financial assets, the US dollar is under some pressure at month end and ahead of the critical US Non Farm Payrolls data, but globally speaking, the focus is still on the expectations …

On the ninth of August, US President Biden signed the CHIPS Act that analysts fear could be the starting point of wider weaponization of the global IT supply chains.The CHIPS and Science Act of 2022 includes a $52 billion package to boost semiconductor manufacturing in the US, however, the underlying …