Investors' Focus Today Is On The PCE Price Index Data

TalkMarkets - Fri, 05/31/2024 - 06:30
Today, markets await Friday's PCE deflator data for April, the Fed's preferred inflation gauge, for clues on when the Fed might start cutting interest rates.

Crude Oil Commentary - Friday, May 31

TalkMarkets - Fri, 05/31/2024 - 06:25
Following a strong start to the week, oil prices have turned lower through the last few days with crude futures now down around 4% from the week’s highs.

Daily Market Outlook - Friday, May 31

TalkMarkets - Fri, 05/31/2024 - 06:15
On Friday, Asian stocks saw an increase and are set to mark the fourth consecutive month of gains.

Commodities Versus Gold

TalkMarkets - Fri, 05/31/2024 - 06:12
Gold is no longer money in the true meaning of the word*, but it still trades more like a currency than a consumable commodity and therefore should be analysed as a currency.

Electricity Demand May Cure Debt Concerns

TalkMarkets - Fri, 05/31/2024 - 06:00
The future of electricity demand for everything from electric cars to Bitcoin mining to artificial intelligence may also be the cure for our debt concerns.

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