USD/CAD Forecast: 1.4000 Proves Elusive as US CPI Doesn’t Trigger Breakout
USD/CAD Outlook: 1.4000 Remains Elusive as US CPI Fails to Inspire Breakout Most Read: Brent Oil Prices Steady Despite OPEC Demand Forecast Cut. Where to Next? USD/CAD has been on a tear since the back end of September, rising some 550 pips over the past 6 weeks. The move coincided with a stronger US Dollar […]
One Week Later: Trump Trades See Momentum Gains and Declines
One week later – Some Trump trades gain momentum and some are fading It’s a good time to check in on how the ‘Trump trade’ is doing. The stock market rallied to fresh records after Donald Trump was declared the next U.S. president, with investors betting that his vow to cut taxes and loosen regulation […]
Gold (XAU/USD) Prices Decline Amid Ongoing US Dollar (DXY) Surge
Gold (XAU/USD) Prices Slide as US Dollar (DXY) Rally Continues Most Read: Markets Weekly Outlook – Attention Shifts Back to Data, US CPI in Focus Gold prices have started the week on the back foot as the US Dollar continues to advance. Growing hopes of a ceasefire under a Trump Presidency have also diminished the […]
Warren Buffett Reduces His Apple Investment Once More
Warren Buffett Cuts His Stake in Apple (Again) Berkshire Hathaway‘s (BRK.A) (BRK.B 0.71%) cash pile reached a record level in the third quarter. The company, run by investor Warren Buffett, keeps trimming its equity portfolio and is now sitting on close to $325 billion in cash on its balance sheet. While this does not necessarily […]
Markets Weekly Preview: Focus Returns to Economic Data with US CPI in the Spotlight
Markets Weekly Outlook – Attention Shifts Back to Data, US CPI in Focus Read More: Gold Prices Plunge as Trump Triumphs: What’s Next for XAU/USD? Week in Review: Trump Trade in Spotlight as US Dollar and Yields Rise A blockbuster week comes to a close with a slow Friday as markets still digest the news […]
Trump Calls for Investigation into Truth Social Speculators
Trump Demands Truth Social Speculators Be ‘Investigated’ Donald Trump has made clear that upon his return to office, he intends to sic the authorities under his control on his political enemies and critics. Inauguration Day is still months away, but the newly minted president-elect is wasting no time adding to his list of targets – […]
Gold Prices Drop as Trump Wins: What’s Ahead for XAU/USD?
Gold Prices Plunge as Trump Triumphs: What’s Next for XAU/USD? Most Read: US Dollar Index (DXY) Explodes Higher as Markets Prepare for a Trump Victory Gold prices in freefall as the US Dollar Index and US Treasury Yields surged following a Donald Trump election victory. The US Dollar Index and US 10 Yield are both […]
Stocks Surge as Trump’s Re-Election Signals Potential Industry Gains
Stocks rally as Trump’s re-election promises industry gains President-elect Trump’s successful reelection bid sparked an uptrend in stocks for crypto, tech and auto industries less than 24 hours after results were announced. The Dow Jones Industrial Average was up more than 3 percent, while the Nasdaq Composite and S&P 500 also rose by nearly 2 […]
Silver (XAG/USD) Technical Analysis: Is a Bullish Momentum Starting to Develop?
Silver (XAG/USD) Technical Outlook: Bullish Momentum Building? Most Read: Brent Crude – Oil Prices Rise as OPEC + Extend Output Cuts Silver prices have continued to rally for the majority of this year. The metal has been overshadowed by Gold this year but has actually outperformed the precious metal. Silver’s YTD return sits at around […]
Cramer Highlights Salesforce’s Influence in Promoting Agentforce
Cramer on Salesforce’s star power to raise awareness of Agentforce Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Wall Street was mixed Monday, the day before Election Day. There’s also a two-day Fed meeting this week. The market […]