International Business Machines Nears 52-Week High As Earnings Beat Lifts Momentum
IBM approaches its 52-week high following a revenue beat that enhances market sentiment, driven by positive technical indicators and renewed partnerships in AI services.
The Fed Raises Doubts of Further Rate Cuts
The Fed lowered its rate again as expected, but raised concerns about the pace of easing at its next meeting.
Fed’s Powell Raises Doubts About Another Rate Cut
As expected, the Federal Reserve on Wednesday cut its target rate cut by ¼ point to a 4.0%-to-4.25% range.
Eli Lilly Delivers Strong Q3 Performance, Raises Earnings Outlook
Eli Lilly’s Q3 2025 revenue jumped 54% to $17.6 billion with adjusted EPS of $7.02, prompting the company to lift its full-year guidance.
Gold Steadies As Fed Caution Tempers Rate-Cut Hopes, Trump-Xi Truce Lifts Sentiment
Gold holds firm on Thursday as traders weigh the Fed’s interest rate cut and Powell’s cautious tone.
US-China Agree To Unwind Recent Actions
The US agreed not to block subsidiaries of Chinese companies that were sanctioned and not to enforce the port fee on Chinese ships that had ostensibly triggered the tightening of China's rare earth/magnet export restrictions.
Eurozone GDP Growth Slightly Better Than Expected
The Eurozone economy grew by 0.2% QoQ in the third quarter.
Trends In New Construction Home Sales
As with most data the government publishes that's useful, there are alternative sources available from private sector sources that provide a similar window for looking into the state of the new home market.
GBP/USD Finds A Floor At 1.3200 After Fed-Induced Sell-Off
The GBP/USD pair is consolidating around the 1.3200 level on Thursday, following significant losses in the previous session.
Germany’s Economy Still Stuck In Stagnation
While many other eurozone countries posted surprisingly strong growth numbers, the German economy remains the eurozone's growth laggard.
Fed And Bank Of Canada Cut Rates
The Bank of Canada cut its rate to 2.25% and signaled a potential pause in the easing cycle.
Daily Market Outlook - Thursday, Oct. 30
Donald Trump and Xi Jinping's accord, the Bank of Japan's rate decision, and Federal Reserve Chair Jerome Powell's cautious remarks dominate investor focus amid upcoming European earnings reports.
Copper Price Analysis
Copper, often referred to as the "metal of civilization," plays a pivotal role in various industries, including construction, electronics, and renewable energy.
Merck & Co. Beats Expectations In Q3 2025, Lifts Full-Year Forecast
Merck reported Q3 2025 revenue of $17.3 billion and adjusted EPS of $2.58, both above expectations, and raised its full-year outlook.
Pound Sterling Remains Fragile Against US Dollar On Improving US-China Trade Relations
The Pound Sterling gives back early gains and turns slightly lower to near 1.3185 against the US Dollar.
Technical Analysis: USD/JPY - Thursday, Oct. 30
USDJPY managed for the second time to test the resistance of 153.25 to push for a correction where the market printed a low around 151.52, before market rebounded again toward 153.25.
AUD/USD Outlook: Gains Limited Amid Less Dovish Fed
The AUD/USD outlook stays steady as a less dovish Fed balances positive risk sentiment.
Liquidity Concerns Put An End To QT
Two weeks ago, Jerome Powell stated, “We may be approaching the end of our balance sheet contraction in the coming months.”
CAD/CHF Forex Signal: Launches Higher Into Resistance
The Canadian dollar rallied post-BoC, but CAD/CHF remains in a strong downtrend, with resistance near 0.58 offering a potential short entry targeting 0.5625.
Oil Stocks: Another Pastel Peepers
The story compares betting too early on a promising greyhound to holding oil stocks too early, but maintains confidence that sticking to the long-term investment approach will ultimately pay off.

