On Tuesday local time (February 3), legendary investor and Bridgewater founder Ray Dalio warned that amid escalating geopolitical tensions and highly volatile capital markets, the world is on the brink of a “capital war.” Speaking at the World Gove...
Last Friday's epic plunge in international gold prices continued into Monday with another sharp drop — yet two days of heavy selling have not shaken Wall Street's bullish conviction on the precious metal. Deutsche Bank is maintaining its prior forecast,...
The Reserve Bank of Australia (RBA) maintained its interest rate at 3.85% in February, aligning with market forecasts. This decision follows a 25 basis point increase from the previous rate of 3.60%, indicating a continued hawkish stance to manage inflationary...
On Monday local time, Elon Musk's SpaceX confirmed in an internal memo — later posted on its website — that it has formally merged with xAI. This puts an end to recent market rumors. Last month, reports surfaced that SpaceX and xAI were in merger t...
Stock Market Last night and this morning, as the selloff storm in precious metals and crypto eased, U.S. stocks traded steadily overall. Better-than-expected PMI data helped the three major indices open lower but rally higher, closing all in the green. At clos...
The United States ISM Manufacturing Prices indicator registered 59.0 in January, falling short of the forecast of 59.3. This figure represents an increase from the previous period's 58.5, indicating continued upward pressure on manufacturing input costs. The d...
The United States ISM Manufacturing PMI registered 52.6 in January, significantly exceeding the forecast of 48.5. This marks a notable increase from the previous month's reading of 47.9, indicating a stronger-than-anticipated expansion in the manufacturing sec...
The United States S&P Global Manufacturing PMI registered 52.4 in January, surpassing the forecast of 51.9. This actual figure indicates a notable increase from the previous period's reading of 51.9, suggesting an unexpected acceleration in manufacturing activ...
Monday premarket, the three major U.S. index futures fell, while major European indices mostly rose. Bitcoin dropped below $80,000 for the first time since April, signaling investors are further reducing risk exposure after Friday's sharp gold and silver plung...
Chinese Stock Markets: At close, the Shanghai Composite Index fell 2.48%, the Shenzhen Component Index declined 2.69%, and the ChiNext Index dropped 2.46%. Sector performance: baijiu (white liquor) concepts saw repeated intraday strength, while non-ferrous met...
Recently, Bank of America strategists noted that investor optimism has reached extreme levels. Their bull/bear indicator rose from 9.2 to 9.4 — indicating that the sell signal for risk assets continues to flash. BofA attributes the surge in optimism to &...
Last week will go down as one of the most extreme periods in precious metals history: gold broke $5,000/oz for the first time and soared to an intraday high of $5,598 early Thursday. Then the market reversed violently. By Friday, gold plunged below $4,700/oz,...
Last week, the three major U.S. indices closed mixed. The Dow fell 0.42%, the S&P 500 rose 0.34%, and the Nasdaq declined 0.17%. A big part of the Dow's underperformance came from Microsoft’s sharp drop after its cloud sales growth slowed and it anno...
The Chicago PMI for January registered 54.0, significantly surpassing the forecast of 43.5 and marking a substantial increase from the previous month's 42.7. This unexpected surge indicates a notable expansion in regional manufacturing and non-manufacturing ac...
On Friday, the three major U.S. stock index futures all declined, while major European indices rose across the board. President Trump announced on social media Wednesday that he will nominate former Fed Governor Kevin Warsh to replace Jerome Powell as Fed Chai...
The United States Producer Price Index (PPI) month-over-month for December registered at 0.5%, surpassing the forecast of 0.2%. This figure indicates a notable acceleration from the previous period's PPI of 0.2%, suggesting increased inflationary pressures at...
Germany's Gross Domestic Product (GDP) increased by 0.3% quarter-on-quarter in Q4. This figure exceeded market expectations of a 0.2% rise and marks an improvement from the previous quarter's 0.0% growth. The positive change indicates a strengthening economic...
Amid persistently low global oil prices and intensified U.S. sanctions, Russia’s energy sector faces a severe revenue crisis. According to Argus calculations, the price discount of Russia’s Urals crude relative to Brent has widened from an average...
Amid an epic, history-making swing in international gold prices, UBS has sharply lifted its gold price targets. The bank now forecasts $6,200 per ounce for March, June, and September 2026 (up from its previous $5,000 target), citing stronger-than-expected inve...
Stock Market On Thursday (January 29), Microsoft’s sharp drop weighed on U.S. stocks in early trading, but the three major indices narrowed losses throughout the day, with the Dow ultimately closing higher. At close:S&P 500 -0.13% to 6,969.01, Nasdaq...
On Tuesday local time (February 3), legendary investor and Bridgewater founder Ray Dalio warned that amid escalating geopolitical tensions and highly volatile capital markets, the world is on the brink of a “capital war.” Speaking at the World Gove...
The Reserve Bank of Australia (RBA) maintained its interest rate at 3.85% in February, aligning with market forecasts. This decision follows a 25 basis point increase from the previous rate of 3.60%, indicating a continued hawkish stance to manage inflationary...
Stock Market Last night and this morning, as the selloff storm in precious metals and crypto eased, U.S. stocks traded steadily overall. Better-than-expected PMI data helped the three major indices open lower but rally higher, closing all in the green. At clos...
The United States ISM Manufacturing PMI registered 52.6 in January, significantly exceeding the forecast of 48.5. This marks a notable increase from the previous month's reading of 47.9, indicating a stronger-than-anticipated expansion in the manufacturing sec...
Monday premarket, the three major U.S. index futures fell, while major European indices mostly rose. Bitcoin dropped below $80,000 for the first time since April, signaling investors are further reducing risk exposure after Friday's sharp gold and silver plung...
Recently, Bank of America strategists noted that investor optimism has reached extreme levels. Their bull/bear indicator rose from 9.2 to 9.4 — indicating that the sell signal for risk assets continues to flash. BofA attributes the surge in optimism to &...
Last week, the three major U.S. indices closed mixed. The Dow fell 0.42%, the S&P 500 rose 0.34%, and the Nasdaq declined 0.17%. A big part of the Dow's underperformance came from Microsoft’s sharp drop after its cloud sales growth slowed and it anno...
On Friday, the three major U.S. stock index futures all declined, while major European indices rose across the board. President Trump announced on social media Wednesday that he will nominate former Fed Governor Kevin Warsh to replace Jerome Powell as Fed Chai...
Germany's Gross Domestic Product (GDP) increased by 0.3% quarter-on-quarter in Q4. This figure exceeded market expectations of a 0.2% rise and marks an improvement from the previous quarter's 0.0% growth. The positive change indicates a strengthening economic...
Amid an epic, history-making swing in international gold prices, UBS has sharply lifted its gold price targets. The bank now forecasts $6,200 per ounce for March, June, and September 2026 (up from its previous $5,000 target), citing stronger-than-expected inve...
Last Friday's epic plunge in international gold prices continued into Monday with another sharp drop — yet two days of heavy selling have not shaken Wall Street's bullish conviction on the precious metal. Deutsche Bank is maintaining its prior forecast,...
On Monday local time, Elon Musk's SpaceX confirmed in an internal memo — later posted on its website — that it has formally merged with xAI. This puts an end to recent market rumors. Last month, reports surfaced that SpaceX and xAI were in merger t...
The United States ISM Manufacturing Prices indicator registered 59.0 in January, falling short of the forecast of 59.3. This figure represents an increase from the previous period's 58.5, indicating continued upward pressure on manufacturing input costs. The d...
The United States S&P Global Manufacturing PMI registered 52.4 in January, surpassing the forecast of 51.9. This actual figure indicates a notable increase from the previous period's reading of 51.9, suggesting an unexpected acceleration in manufacturing activ...
Chinese Stock Markets: At close, the Shanghai Composite Index fell 2.48%, the Shenzhen Component Index declined 2.69%, and the ChiNext Index dropped 2.46%. Sector performance: baijiu (white liquor) concepts saw repeated intraday strength, while non-ferrous met...
Last week will go down as one of the most extreme periods in precious metals history: gold broke $5,000/oz for the first time and soared to an intraday high of $5,598 early Thursday. Then the market reversed violently. By Friday, gold plunged below $4,700/oz,...
The Chicago PMI for January registered 54.0, significantly surpassing the forecast of 43.5 and marking a substantial increase from the previous month's 42.7. This unexpected surge indicates a notable expansion in regional manufacturing and non-manufacturing ac...
The United States Producer Price Index (PPI) month-over-month for December registered at 0.5%, surpassing the forecast of 0.2%. This figure indicates a notable acceleration from the previous period's PPI of 0.2%, suggesting increased inflationary pressures at...
Amid persistently low global oil prices and intensified U.S. sanctions, Russia’s energy sector faces a severe revenue crisis. According to Argus calculations, the price discount of Russia’s Urals crude relative to Brent has widened from an average...
Stock Market On Thursday (January 29), Microsoft’s sharp drop weighed on U.S. stocks in early trading, but the three major indices narrowed losses throughout the day, with the Dow ultimately closing higher. At close:S&P 500 -0.13% to 6,969.01, Nasdaq...
