Soft US CPI could boost stocks & gold!

US stocks failed to keep up with the European optimism on the back of rising bets that the Federal Reserve (Fed) could hike the interest rates to 6%. In fact, option traders are piling into bets that the US rates could peak at 6%. Plus, the surprise 50bp hike from Mexico’s Banxic ...  عرض المزيد

US equities fell yesterday on the back of two important factors: hawkish comments from the Federal Reserve (Fed) members, and the unexpected surge in the American used car prices. The S&P500 fell more than 1%, while Nasdaq slid around 1.80%. Inside Nasdaq, Google had a particular ...  عرض المزيد

Equity bulls around the globe celebrated in style the softer-than-expected US CPI data last week. The global equity rally was further juiced by the expectation that a softer inflation in the US would not only allow the Federal Reserve (Fed) to start cutting the rates this year, b ...  عرض المزيد

Yesterday was a strong day in terms of meme trading and speculation; Donald Trump’s Truth Social flew with its own wings for the first time yesterday and rose up to 60% under the ticker DJT before settling 16% higher at the end of the session, Reddit also saw some nice intraday v ...  عرض المزيد

Meta fell 15% in the afterhours trading despite earnings beat as investors didn’t like the weaker-than-expected revenue forecast for the current quarter and even less the news that the company will be spending more money to improve its AI capabilities. Tesla jumped 12% regardless ...  عرض المزيد

APAC stocks were choppy after a similarly subdued handover from Wall St.European equity futures indicate a contained open with the Euro Stoxx 50 future flat after the cash market closed up 0.3% on Monday.FX markets are steady, DXY holds above 104, PBoC delivered another firmer-th ...  عرض المزيد