Commodities

How to Trade the Presidential Debate?

Investor focus is about to turn to the televised presidential debate between Donald Trump and Kamala Harris. With the race currently so tight, even a small post-debate shift in voter sentiment could impact key markets....

XAU/USD: Citi Sees 50bp Rate Cut After NFP

Citi anticipates the upcoming Non-Farm Payroll (NFP) report will show 125,000 new jobs, leading to a 50-basis point rate cut by the Federal Reserve. Citi suggested in a note to Clients on Tuesday that if payrolls come in between 125,000...

Can Weak Jobs Trigger 50bps Cut, Sink USD?

Next week’s job reports could be the decisive factor in determining the scale of the Federal Reserve’s rate cut in September. Bank of America, among others, had initially forecast a 25-basis point cut next month...

Can Gold’s Uptrend Survive Friday’s PCE Data?

Gold prices slipped over 0.7% on Wednesday as the U.S. dollar rebounded, setting the stage for a pivotal close to the month with key inflation data on the horizon. Markets are bracing for the upcoming Personal Consumption Expenditures (PCE) Price...

Stock Surge Leaving Bitcoin Behind?

The longstanding correlation between the Nasdaq and Bitcoin took a hit today as the two markets diverged, signaling potential shifts in investor sentiment. This breakdown could be a precursor to broader market volatility, particularly as Nvidia prepares to release its...

Gold’s Uptrend Intact? ATH Remains Unbroken

Gold extended its rally on Monday as mounting expectations for a Federal Reserve rate cut in September fueled demand for the safe-haven asset. Powell gave the green light on interest rate cuts during his speech at Jackson Hole last Friday....

Jackson Hole Aftermath Sparks 25 or 50bps Debate

Federal Reserve Chair Jerome Powell signaled a rate cut in September during his speech at the Jackson Hole Symposium last Friday. In response, the British pound surged over 1%, climbing above $1.322, its highest level since March 2022. Meanwhile, the...

4 Political Tensions Fueling Gold Prices

As gold aims to test record high again, let's look at some of the political issues possibly driving the price action. The Pentagon has dispatched a guided missile submarine and a carrier strike group, to the Middle East. This move...

Fears Fail to Keep Gold Above $2,400: A Temporary Dip?

Gold has slipped below the $2,400 mark even as geopolitical tensions possibly escalate, with Israel bracing for potential retaliation from Iran. US intelligence indicates the response could come late Thursday or Friday....
Join Now