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Mohamed Abdelhamid

Gold Rockets Past $3,320 as Dollar Dives and Fed Meeting Looms

MGold is blazing a trail above $3,320, surging over 2.47% as the US Dollar crumbles and markets brace for the Federal Reserve’s May 6-7, 2025, meeting. Despite upbeat US economic data signaling resilience, rising Treasury yields, and tariff-driven inflation fears, gold’s bullish momentum is unstoppable. With the Fed expected to …

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Dow Climbs 100 Points on PMI Strength, but Trade Tensions Cap Gains

The Dow Jones Industrial Average tacked on another 100 points on Monday, May 5, 2025, riding a wave of upbeat US economic data despite nagging trade policy uncertainties. A stronger-than-expected ISM Services PMI bolstered industrial stocks, yet inconsistent trade signals are keeping investor enthusiasm in check. With the Federal Reserve …

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Financial Markets’ Weekly Recap: US Economy, Earnings, Growth, and Jobs in Focus

North American Markets: Seizing Opportunities in VolatilityNorth American financial markets reflect a tale of resilience and divergence. The US economy shows strength in earnings and jobs but faces tariff-driven stagflation risks. In the Eurozone, GDP grew by 0.3% in Q1 2025, supported by increased consumer spending in Germany and France, …

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Why Is the Dollar Tanking Despite Friday’s Stellar Jobs Report?

Why Is the Dollar Tanking Despite a Stellar Jobs Report?The US Dollar is reeling, defying logic after a robust April jobs report that showcased stronger-than-expected job growth, steady unemployment, and persistent wage gains. Instead of soaring, the Dollar Index slumped to 99.88, shedding 0.37 points from its prior close. With …

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Dow Rockets Past 41,300 on Stellar Jobs Data, but Tariffs Threaten Gains

A blockbuster US jobs report has propelled the Dow Jones Industrial Average beyond 41,300, crushing recession fears with a 600-point surge. Yet, as the EUR/USD climbs 0.42% to 1.1332 and tech giants falter, tariff uncertainties loom large. With the Federal Reserve under scrutiny, the market’s euphoria could be tested. Here’s …

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US Jobs Defy Tariff Concerns: A Resilient Labor Market Shines

The US labor market stood tall in April, shrugging off the shockwaves from President Donald Trump’s “Liberation Day” tariff announcement. With stronger-than-expected job growth and steady unemployment, the latest data paints a picture of resilience amid trade policy turbulence. As markets rally and investors reassess economic risks, the April jobs …

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