US stocks started the day on the front foot but pulled back on the early optimism ahead of an important earnings announcement for Nvidia – the darling of the chip stocks
It was another down day in Wall Street, as statements from the FOMC minutes did not reflect the level of unity among policymakers to pause rates as what was initially expected.
The Rand (ZAR) benefits with the BRICS summit under way. However, talks of de-dollarisation may be premature but there is a lot on the agenda for the Bloc with expansion plans the key focus.
Wednesday’s German and Euro Zone flash PMIs may give the single currency a much needed boost of volatility
A string of modest stimulus measures from Chinese policymakers raises doubts over oil demand from the world’s second biggest oil consumer despite softer US Dollar
Spot Gold rallies back above the $1900/oz handle but the 200-day MA lies in wait. Do the Bulls have enough momentum for a break higher?
Outlook on FTSE 100, DAX 40 and S&P 500 amid S&P Global U.S. bank downgrades, U.S. long dated yields surging higher and Zoom beating estimates.
The US 10-year Treasury yields touched a new 15-year high, but renewed traction towards tech shares ahead of Nvidia’s result release saw shrug-off from Nasdaq.
GBP/USD & EUR/GBP crosses could be setting up for additional pound vigor ahead of the Jackson Hole Economic Symposium.
The upward pressure in Asian indices appears to be fading fast amid rising global yields and a faltering post-Covid recovery in China. What is the outlook for the Hang Seng Index, Kospi, and FTSE Straits Times Index?
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