Spot Gold has held onto early week gains despite the US Dollar continuing to show strength this week. Will Fed Chair Powell add fuel to the renewed appetite from Gold Bulls?...
Nvidia’s stellar results hit with a sell-the-news market reaction, as market participants de-risk ahead of Fed Chair Jerome Powell’s Jackson Hole speech later tonight....
USDZAR has rallied higher today despite the BRICS Bloc announcing its expansion plans. The inclusion of Saudi Arabia is sure to stir up de-dollarisation talks once more, but a lot of work lies ahead for the Bloc in that regard....
Gold continues to push higher this week after global bond yields fall sharply. Markets are growing increasingly concerned that global economic growth is faltering...
Declining US yields and the US dollar have helped oil prices recover some of the recent losses. Greater-than-expected EIA crude drawdowns help lift US crude...
EUR/GBP failed to hold below the 0.8500 psychological level as consolidation looks set to return. Adjustments to rate hike probabilities do appear to favor further downside over the medium-term....
US indices may have rebounded in recent days, thanks to earnings and the retreat in US yields. But the deep decline since last month has left a scar on the broader uptrend, one that could be hard to fill soon....