Commodities

Red Monday: Emergency rate cut needed?

US equities just experienced their worst day since 2022, with the S&P 500 dropping 3.0%, the Nasdaq falling 3.4%, and the Dow Jones Industrial Average plummeting by 1033 points. All sectors in the US saw declines, with mega-cap tech stocks...

Gold trade with Israel-Iran in Focus

Gold temporarily surged past $2,474 per ounce on Friday, marking a new record high, as a weak U.S. jobs report bolstered expectations of a dovish shift by the Federal Reserve. The U.S. economy added 114,000 jobs in July, significantly below...

More market events to watch this week

The US Federal Reserve is set to announce its interest rate decision on July 31, with expectations pointing towards a hold. Wall Street Journal Fedwatcher Nick Timiraos suggests that the Fed may lay the groundwork for a potential rate cut...

Critical Economic Events to Watch Next Week

Over three-quarters of economists surveyed by Reuters expect the Bank of Japan to maintain its current rate next week, with a possible move in September or October. However, sources indicate that the outcome of the July 30-31 meeting is uncertain....

ETH ETFs to Follow Bitcoin’s Footsteps?

ETH/USD is expected to experience increased volatility this week, with spot Ethereum ETFs set to go live on Tuesday, according to Bloomberg. The Securities and Exchange Commission (SEC) is poised to finalize updates on the products today....

Trump, Fed Speculation Drive Gold to New Heights

Gold price cleared the May 20 high of $2450 on Tuesday, as expectations intensify that the U.S. Federal Reserve will commence an easing cycle in September. Fed Chair Jerome Powell addressed the Economic Club of Washington this week, noting the...

Four key inflation reports to watch next week

Canada's inflation unexpectedly rose to 2.9% in May, complicating the Bank of Canada's rate cut plans. The UK's inflation slowed to 2%, with the Bank of England projecting a rise to 3%, affecting rate cut timing. New Zealand's CPI data,...

No bigger driver for Gold than inflation this week?

This week's economic calendar is dominated by US inflation data, with the Consumer Price Index (CPI) and Producer Price Index (PPI) set for release....

Brace for NFP, ECB Forum, and two major elections

This week is set to be a pivotal one for global markets, with significant economic and political events on both sides of the Atlantic. In the United States, the spotlight will be on nonfarm payrolls at the end of the...
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