Last month’s CPI had set up an uncomfortable situation for the FOMC, where too-high inflation was colliding with a Fed that had launched too soon into ease mode – for what appears to be mostly...
Today, suddenly, the markets are worried about deficits. The Energy Information Administration says that the world is in a slight oil supply deficit with global oil demand coming in at 103.37 million...
US CPI awaited as December Fed rate cut not a done deal Loonie at fresh lows ahead of expected BoC rate cut Aussie continues to bleed, yen see-saws on data, BoJ chatter Spotlight on US...
From 2010 through 2022, the US Energy Information Administration (EIA) calculates that global Oil demand grew by 10 million barrels per day (Mb/d). Over 60% of the demand growth was due to China’s...
Gold Grows on Geopolitical Conflicts and Possible US Rate Cut Gold (XAU/USD) gained 1.26%, finishing yesterday's trading session slightly below the crucial $2,700 level, supported by expectations of...
Stocks finished lower for a second consecutive day, with breadth continuing to show more losers than advancers. This trend actually began sometime last week. The NYSE McClellan Oscillator has broken...
Key Statistics: Source: Bureau of Labor Statistics, US Department of Labor Release Period: November 2024 Last Release Date: November 13, 2024, Actual: 2.6% vs Forecast: 2.6%. Previous:...
S&P 500 Emini market analysis Emini daily chart The Emini formed a downside breakout bar on Monday, as the bulls began to take partial profits and the bears began to sell. This is a warning...
The EUR/USD failed to hold ono its earlier gains on Monday, turning lower into the close. It has fallen further so far in today’s session with the European Central Bank's rate decision and key US...
