Analysis

Fed funds futures are surging as the CPI report takes the FOMC out of the picture for now. Deferred contracts are pacing the move, though we suspect the market is getting ahead of itself, moving forward rate cuts and pricing in a string of easings next year. The implied May contract suggests about an 80% chance

The Dow Jones ended last week on a positive note as we got a strong rally despite some concerning data. The University of Michigan consumer sentiment report missed forecasts across the board by a big margin once again. The bearish signs keep on accumulating with the recent hawkish tone from Fed speakers and the softening

The EUR/GBP rallies for the fourth straight day in the mid-North American session, gains a minimal 0.08%, trading at 0.8724 after hitting a daily low of 0.8693. لینک منبع : هوشمند نیوز

US The Fed left interest rates unchanged as expected with basically no change to the statement. Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt. The recent US Core PCE came in line with expectations. The labour market is starting to

The last week was incredible for the Russell 2000 with the index rallying for five consecutive trading days. The bulk of the rally came after the FOMC rate decision where the Fed left interest rates unchanged and Fed Chair Powell delivered less hawkish than expected remarks. The Russell 2000 then extended the gains into the

Share: Stock market analysis and trading strategies: NASDAQ, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL Stock Market Summary: The current move up in Indices and stocks is now in its later stages Wave iii) of A that can top late Monday, but more likely Tuesday. Look

Share: Spot Gold prices head into the week’s close trading into the midrange. XAU/USD mixed on US NFP miss. Near-term trend still tilted towards the upside. The XAU/USD bid into an intraday high just shy of $2,005 on Friday following the worst read on US Nonfarm Payrolls (NFP) in almost 3 years, but

The XAU/USD rate fluctuates around $1,987 – the July high was formed around this price. And having overcome it, the market stabilized, as evidenced by the ADX indicator, which dropped to its minimum for the month. Gold is up about 9% in three weeks on war fears. Moreover, if we take the year 2023, then

Last Friday, the market sold off as the University of Michigan Consumer Sentiment report saw a big miss across the board with the inflation expectations figures spiking back up. This might be a signal that the consumers are indeed weakening, and it could be a bad omen for the broad market. Moreover, we got some

Yields and the USDIndex popped higher after the hotter than projected 0.4% rise in headline CPI. Still low initial jobless claims added to the moves. The front end of the Treasury curve is underperforming on the more hawkish implications for the FOMC. The report has fostered some profit taking on the recent Treasury rally. The