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Gold stands tall, stocks keep sinking despite solid US data

Upside surprise in US GDP was not enough to boost the dollar. Stock markets slide in the aftermath, euro little changed after ECB. Gold advances, dra…

2 years, 10 months ago

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Dollar climbs above 150 yen as Treasury yields rebound

Treasury yields rebound, lift the dollar ahead of US GDP data. Dollar/yen rises past 150, rings intervention alarm bells. ECB to take the sidelines, …

2 years, 10 months ago

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Better than expected US PMIs help the dollar rebound

PMIs suggest the US economy entered Q4 on solid footing. The divergence between US/Eurozone outlooks weighs on euro/dollar. Aussie rallies on stickie…

2 years, 10 months ago

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Dollar retreats, stocks stabilize as yields fall back

Dollar follows US yields lower after rejection from 5% region. But gold and yen cannot take advantage of this correction. Euro rebound cut short by d…

2 years, 10 months ago

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Stocks suffer collateral damage as yields blast higher

Stock markets get kneecapped by relentless rally in US yields. Gold and oil prices lose steam amid lack of geopolitical escalation. Euro/dollar stabl…

2 years, 10 months ago

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Gold and oil keep rising as Israel-Gaza conflict shows no sign of easing

Possibility of weekend escalation in Middle East propel gold and oil higher.
Powell remarks provide only modest respite to bond selloff, dollar holds
s…

2 years, 10 months ago

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Week Ahead: ECB meeting and US GDP to shake FX markets

Central bank decisions in Eurozone and Canada coming up. But FX traders will likely focus more on the US GDP report. Is the dollar set to realign wit…

2 years, 10 months ago

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Stocks pummeled as yields and oil extend gains, dollar firms ahead of Powell

Bond yields continue to rise as surging oil prices add to higher for longer case. Stocks pressured as higher yields start to bite, earnings disappoin…

2 years, 10 months ago

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Investors add to Fed hike bets after US retail sales

US retail sales rise more than expected, bolster Fed hike case. Pound slides on slowing wages, rebounds on sticky inflation. Aussie and kiwi aided by…

2 years, 10 months ago

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Equities gain, gold slips amid diplomatic push to contain Mideast crisis

Risk aversion eases as diplomatic efforts to end Israel-Gaza war ramped up. Gold off highs, while earnings optimism additionally boosts Wall Street. …

2 years, 10 months ago

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