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The most recent data release unveiled a moderate 0.2% increase in the U.S. Consumer Price Index (CPI) for the preceding month, following a slight 0.1% upturn observed in May. Furthermore, the...
After peaking in 2022, the US Dollar Index has spent nearly a year in decline.But it may be set to fall even further. And any further weakness in King Dollar will be bullish for precious...
There’s an old maxim, “the secret to happiness is low expectations.” This saying could not apply more directly than to what we are seeing coming into the Q2 earnings season.With...
Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...
Wheat rockets on crisis of confidence over Putin, Russia grains corridor decision Global production suggests tight market, meaning potential for more upside Technical outlook indicates consolidation...
Higher inflation suggests economy is working for oil Gold as an inflation hedge holds up in higher-price environment But central banks, from Fed to BoE and ECB, stand by with rate hike...
“Signs” was a song by the Five Man Electrical Band in 1970 about the hippie movement. The song came to mind as I was looking at the economic data recently. There are “Signs, Signs,...
FedEx shares traded lower on Wednesday post earnings The company issued a soft full-year outlook after seeing its FQ4 sales fall 10% YoY FedEx has been aggressively cutting costs to offset consumer...
The upcoming week in the stock market is set to be bustling as Jay Powell is slated to deliver his testimony before both the House and Senate on Wednesday and Thursday. It’s unlikely that Powell...
The Federal Reserve leaves US interest rates unchanged but signals more hikes are on the cards with some hawkish projections for the economy. July is a 'live' meeting, according to Powell, but a...
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