Gold and Silver looking into the abyss
Strong US data revived bets on an imminent QE rollback from the Fed, supporting the dollar and causing bond yields to rise. The news...
Dollar jumps higher on resilient retail sales
Just as we thought the dollar had settled into a steady range ahead of next week’s bumper central bank meeting fest, including the FOMC...
US Retail sales and other data has supported Dollar
The US Retail sales notably exceeded expectations, adding 0.7% in August vs an expected 0.7% decline. The increase to August last year is an...
US indices get support on a downturn, but Asia and Europe...
Caution is an investor’s best friend these days.
US indices were supported the night before after the S&P500 touched its 50-day moving average. The S&P500...
Energy issues stoke stocks and oil
Stock markets enjoyed the bump in energy prices yesterday with the S&P500 posting its biggest daily gain since the end of August. The energy...
US, China & EU production data shows a different picture
Today is industrial production data day. China, the euro area and the USA published their figures.
While the US and China are reporting for August,...
Has US CPI peaked?
The big risk event this week has seen US price pressures slow as re-opening hotspots ease. The headline rose 0.3% m/m which was one-tenth...
