US indices carried over last week’s improved risk appetite and ended in positive territory on Monday, achieving four consecutive days of gains and reaching their best levels in two weeks. The lack of important data on the economic calendar and the generally quiet session due to the Fed’s blackout period …

The advance of Ethereum’s coincides with less than three days away from the eyed Merge transition ahead of the US inflation data for August that is also awaited by traders and investors.Currently trading down more than 3% on the day at $1,728 per coin, Ether outperformed bitcoin in August yet …

The performance of oil price gets firmer during the US session as both WTI and Brent crude benefit from strong risk appetite and exploit today’s weaker US Dollar. Equities in the US have pushed higher over the last week ahead of tomorrow’s CPI data, with traders betting that the peak …

On Tuesday, key inflation data will be released. The August CPI reading will be closely watched traders and investors, particularly as it is released ahead of the next FOMC meeting on September 20-21. According to analysts, the CPI will show a decline of 0.2% in August, on the back of …

Several gold investors were frustrated with gold’s price action so far in 2022 as the prices declined nearly 5%. However, commodity analysts at Bank of America have a slightly more optimistic view of the precious metal.In a report Monday, the analysts said that in the current environment, gold prices are …

The Russian public budget surplus has significantly fallen in the latest signal that its finances are feeling the pain from sanctions and this is partially why the Kremlin shutting off gas supplies to Europe.The budget surplus narrowed to 137bn roubles (£1.9bn) in the first eight months of 2022, a sharp …

US shares rose, extending last week’s gains, and the dollar retreated with risk on by expectations that inflation is near peaking. The S&P 500 advanced with 10 of the 11 major industry groups in the green. A gauge of the dollar fell for a second day, as all G-10 peers …

The GBP/USD pair edged higher for the second successive trading day, the pair is now testing the 20-day SMA. The pair is rising on Monday and during the American session climbed to 1.1709, reaching the highest level since August 30. The pair has also been holding onto daily gains. In …

The Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations showed on Monday that the US consumers’ one-year inflation expectation declined to a new 10-month low of 5.7% in August from 6.2% in July, as reported by Reuters.Consumers’ 3-year inflation expectation declined to the lowest in nearly two …

With a new trading week, geopolitics could impact financial markets on two fronts, firstly; on the Chinese front, US President Biden is pondering an executive order to screen and restrict US overseas investment in technology development in China. The Chinese embassy in Washington said, Friday, that Beijing opposes the order, …