Investors' Focus Today Is On The PCE Price Index Data
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
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
On Friday, Asian stocks saw an increase and are set to mark the fourth consecutive month of gains.
Commodities Versus Gold
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
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.