Amazon’s Q4 earnings presented a complex picture, with positive earnings per share offset by concerns about cloud growth and future revenue projections. While the company exceeded expectations on earnings per share, reaching $1.86 compared to the anticipated $1.49, and revenue marginally surpassed forecasts at $187.8 billion, the performance of Amazon …

Gold prices rose on Friday amidst escalating trade tensions between the US and China, along with a mixed US employment report. The XAU/USD pair is currently trading at $2,862, a 0.24% increase.The prospect of new reciprocal tariffs announced by US officials boosted gold’s safe-haven appeal. Increased tensions could further drive …

The EUR/USD pair fell to near 1.0360 on Friday following the release of stronger-than-expected US Nonfarm Payroll (NFP) data for January. The US Dollar Index (DXY) rose to around 107.90 as a result. While job growth was lower than anticipated at 143,000 (compared to the expected 170,000 and the revised …

The Federal Reserve faces a complex economic landscape. Recent statements from Fed Governors Kugler and Goolsbee highlight the challenges in achieving price stability while maintaining healthy economic growth. Their remarks underscore the delicate balancing act the Fed must perform as it navigates uneven progress on inflation, a robust labour market, …

In a series of statements on social media on Friday, US President Donald Trump announced that his intentions to impose broad tariffs on the majority of US trading allies are once again being considered as a way to reduce the US government deficit. Under President Trump’s leadership, the US budget …

The University of Michigan’s (UoM) Consumer Sentiment Index has revealed a decline in consumer confidence, primarily driven by rising inflation fears. The preliminary UoM Sentiment Index for January fell to 67.8, compared to investor forecasts of 71.8 and December’s reading of 71.1. This marks the lowest point in the index …

WTI crude oil prices rose to around $70.80 per barrel on Friday, driven by renewed optimism about energy demand stemming from the latest US labor market report. While January’s Nonfarm Payrolls (NFP) fell short of expectations at 143,000 new jobs, the continued resilience of the labor market and strong wage …

Gold prices experienced a downturn, influenced by a confluence of factors including a strengthening US dollar, rising Treasury yields, and profit-taking by traders. This decline occurred despite underlying market jitters related to US equities and employment data. Gold’s upward momentum stalled on Thursday, as US Treasury yields rebounded and the …

Market Caution Expected Ahead of US Jobs Report and Amid Trade UncertaintyThe US dollar recovered some ground, partially reversing its weekly decline, as markets await the crucial US employment report and remain uncertain about trade policies. The US Dollar Index (DXY) rebounded slightly, supported by a modest rise in US …

The USD/CAD pair edged higher to around 1.4305 late Thursday, supported by slightly firmer US yields. Market caution prevailed due to ongoing uncertainty surrounding US trade policy, particularly regarding potential tariffs on Canada. While a 30-day delay on tariffs was granted, the threat persists, and any renewed trade tensions could …