Gold prices remained steady near record highs during Asian trading on Wednesday, recovering some recent losses as traders continued to bet on further interest rate cuts by the U.S. Federal Reserve. After hitting record highs in September, gold has since traded within a narrow range of $2,600 per ounce, with …
Read More »Dow Jones Wavers as Palantir Rockets, PayPal Crashes and Gold Shines Again
AI Winners, Earnings Losers, and a Market Caught in BetweenUS stocks delivered a mixed performance o…
U.S. Stock Futures Steady as Investors Brace for Earnings Deluge
U.S. stock index futures were little changed on Tuesday following recent bouts of volatility, as inv…
EUR/JPY Rises as Eurozone Shows Stability, Japan Faces Election Uncertainty
EUR/JPY traded higher on Tuesday, reflecting a mix of stability in the Eurozone and political uncert…
Fed’s Barkin: Shutdown Could Cause Short disruptions, bigger questions Still on jobs and inflation
Richmond Fed President Thomas Barkin said the ongoing US government shutdown is likely to cause only…
Oil Prices Stabilize as Markets Weigh Supply Outlook and Potential U.S.-Iran Thaw
Oil prices steadied on Tuesday after tumbling more than 4% in the previous session, as traders reass…
Bitcoin Bounces From 10-Month Lows but Stays Below $80,000 as Policy Uncertainty Lingers
Bitcoin rebounded modestly on Tuesday after tumbling to near 10-month lows, but the world’s largest …
Gold Rebounds in Asia as Precious Metals Stabilize After Sharp Selloff
Gold prices rebounded strongly in Asian trading on Tuesday, with silver and platinum also advancing,…
European Stocks Edge Higher as Metals Stabilize and Earnings Take Focus
European equities traded slightly higher on Tuesday, supported by a firm close on Wall Street and si…
Bitcoin’s Brutal Journey: From $126K Peak to $78K Reality – Fundamental Forces Driving the 2026 Dip
As of February 3, 2026, Bitcoin (BTC) is trading around $78,000–$79,000 USD, reflecting a sharp pull…
Fresh Signs of Weakness: China Slowdown Pressures Markets
New economic data from China pointed to a sharper-than-expected slowdown at the start of the year. T…
Market Analysis
October, 2024
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16 October 2024 2:42 am
Is Bitcoin Eying Significant Breakout?
Analysis indicates a lack of demand-side pressure within the current Bitcoin price range. The Binary CDD metric, which measures the expenditure of holding time, reveals that long-term investors remain relatively inactive. This suggests that investor attention and new demand inflows have not seen a significant resurgence year-to-date.The lack of demand …
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16 October 2024 1:48 am
Market Drivers, US Session
A mildly positive session left the US Dollar trading near recent levels. Amidst a global decline in yields, market participants remained focused on signals from Federal Reserve officials regarding the potential trajectory of interest rates.Key points for Wednesday, October 16:US Dollar Index (DXY): The DXY hovered near the upper end …
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16 October 2024 12:28 am
Gold Price Surges Amidst US Yield Decline
Gold prices experienced a significant uptick on Tuesday, October 15, 2024, as the yield on US 10-year Treasury notes retreated. This decline, coupled with a weaker US Dollar, made gold more attractive to investors seeking a safe-haven asset.The primary catalyst for gold’s surge was the decrease in US Treasury yields. …
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15 October 2024 11:40 pm
Oil Prices retreat Amid Weaker Demand, Eased Iran Concerns
Oil prices dropped over 4% on Tuesday due to a weaker demand outlook and reduced concerns about a potential Israeli strike on Iranian oil facilities. Both OPEC and the IEA have lowered their global oil demand growth forecasts for 2024.Hedge funds are unwinding their net long positions in oil futures.Crude …
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15 October 2024 10:34 pm
U.S. Treasury Yields Dip Following Daly’s Comments
U.S. Treasury yields have been on a downward trajectory, influenced by a combination of domestic economic data and recent statements from Federal Reserve officials, notably those suggesting a more aggressive pace of interest rate cuts in the coming period.The yield on the 10-year Treasury note declined to 4.032%, compared to …
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15 October 2024 9:39 pm
Global slowdown fears drag US stocks lower despite positive earnings
US stocks experienced a decline on Tuesday, October 15th, as investors digested a series of corporate earnings reports, particularly from the banking and semiconductor sectors. The Dow Jones Industrial Average, S&P 500, and NASDAQ Composite all fell by significant margins.Among the notable developments, Walgreens Boots Alliance saw a substantial increase …
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15 October 2024 8:48 pm
Investors advised to open Certificate of Deposit Accounts Before Fed’s Meeting
The Federal Reserve, the central bank of the United States, plays a crucial role in managing the country’s money supply and interest rates. When interest rates rise, it becomes more expensive to borrow money, while when they lower, borrowing becomes cheaper. Certificates of Deposit (CDs) are savings accounts that offer …
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15 October 2024 7:47 pm
GBP/USD Surging Following Strong UK Jobs Report
The British Pound (GBP) rallied against the US Dollar (USD) on Tuesday, following a robust UK jobs report that exceeded expectations. The unemployment rate declined, and the economy added over 373,000 jobs, boosting the GBP/USD by 0.18%.The strong UK jobs report has provided a boost to the GBP/USD. While the …
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15 October 2024 6:45 pm
USD/CAD Rallies on Weaker Canadian Inflation Data
USD/CAD Surges as BoC Faces Pressure to Ease RatesThe Canadian Dollar (CAD) weakened against the US Dollar (USD) following the release of cooler-than-expected Canadian inflation data. The Consumer Price Index (CPI) declined to 1.6% annually in September, from 2.0% in August, and below estimates of 1.8%.Lower Inflation Signals Rate CutsThe …
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15 October 2024 3:36 pm
U.S. Stock Futures Hold Steady as Earnings Season Heats Up
U.S. stock index futures remained steady on Tuesday after a strong rally in technology shares pushed major Wall Street indices to record highs in the previous session. As investors prepare for key corporate earnings reports, market sentiment remains cautious but optimistic. By early morning trading, Dow Jones Futures inched up …
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15 October 2024 1:58 pm
Oil Prices Plunge 4% on Weaker Demand Outlook and Easing Middle East Tensions
Oil prices tumbled more than 4% on Tuesday, reaching their lowest levels in nearly two weeks due to a weaker global demand outlook and a report suggesting that Israel may refrain from striking Iranian oil infrastructure. This development eased concerns over potential supply disruptions in the Middle East, which had …
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15 October 2024 1:00 pm
U.S. Dollar Near Two-Month High as Fed Repricing Boosts Optimism
The U.S. dollar held close to its highest levels in over two months on Tuesday, buoyed by expectations that the Federal Reserve will adopt a more cautious approach to rate cuts in the near term. Traders have dialed back predictions of large rate cuts following a series of robust U.S. …
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