Gold Firm As Fed Rate Cut Bets Remain Strong Despite Mixed U.S. Labor Data
Gold holds above $4,200 as markets maintain 85% odds of a Fed rate cut next week.
FX Today: US PCE Data Takes Centre Stage Alongside The Flash U-Mich Gauge
AUD/USD finally reclaimed the 0.6600 barrier and beyond for the first time since early October.
Initial Unemployment Claims Plunge by 27,000. Is This Plausible?
Initial claims took a big dive. Let’s review the numbers.
Looking Ahead To December And Beyond
This bull market is getting long in the tooth. The average length of a bull market since 1926 is 51 months.
The Rise In Japanese Bonds Is Starting To Pressure The Global Bond Market
Globally, we can expect a shift within the bond markets. Japanese institutions will likely sell some foreign bond holdings and repatriate funds.