Thursday’s tape looked like a simultaneous bid for “broader growth” and a pullback in risk.

On Wednesday, Eli Lilly reported earnings well above expectations, and its shares initially rose by 10%.

The US dollar is enjoying a firmer tone today against most of the G10 currencies.

Pepsi is slashing prices for some of its most popular brands, some by 15%.

On Thursday, silver prices collapsed, losing 16.5% and dropping to around $73.5 per ounce, ending its recent short-term correction.

The Federal Insurance Contributions Act (FICA), enacted in 1935, mandates that both U.S. wage earners and their employers contribute a portion of earnings to fund Social Security and Medicare.

Overnight markets saw sharp declines in the precious metals space, with silver collapsing 17% within just two-hours.

GBP/USD falls to 1.36 ahead of the BoE rate decision. EUR/USD steadies around 1.18 ahead of the ECB rate decision.

The Pound Sterling falls against its major currency peers ahead of the BoE’s monetary policy announcement.

The Aussie continues to see a lot of noise.

Markets open with central banks in focus as the European Central Bank and the Bank of England are set to hold rates.

The BTC/USD pair continued its freefall in the overnight session as investors dumped risky assets after talks between Iran and the US stalled.

Indian share markets are trading lower with the Sensex trading 451 points lower, and the Nifty is trading 146 points lower.

A burgeoning sell-off in US tech stocks and ongoing volatility in the metals markets are providing many cross-currents for FX.

The Nasdaq hit a fresh low as tech stocks began to wobble.

In this video, Ira Epstein discusses the current geopolitical tensions between Iran and the United States, focusing on the potential implications for the metal markets, particularly gold.

Amgen is having a moment. The biotech bellwether is trading near fresh 52-week highs, up roughly 8% in the latest session, and the tape is sending a clear message: institutions are leaning in.

The Indian Rupee ticks up at open against the US Dollar (USD) on Thursday. The USD/INR pair trades subduedly around 90.50 as the Indian Rupee holds United States-India trade truce-driven gains.

West Texas Intermediate Oil price declines after two days of gains, trading around $63.50 per barrel during the Asian hours on Thursday.

Total earnings for the 236 S&P 500 members that have reported Q4 results are up +12.6% from the same period last year on +8.2% higher revenues, with 81.8% beating EPS estimates and 70.8% beating revenue estimates.