Will the Sept US PCE Price Index Move The Markets?
More economic data delayed by the US government shutdown is now being released, and Friday sees the release of the US PCE price index.
Jobless Claims: Holiday Seasonality Enters In A Big Way
Seasonally adjusted initial claims declined -27,000 to 191,000 last week, and the four week moving average declined -9,500 to 214,750.
BlackRock Inc.: Tokenization Momentum, Earnings Beat And A 66.7 Score
BlackRock is navigating a landscape of increased tokenization and crypto adoption, with recent earnings exceeding expectations and shares reflecting both volatility and long-term growth potential.
USD/JPY Outlook: Bears Break 155.00 Amid Hawkish BoJ, Weaker US Data
USD/JPY outlook remains weak as the dollar tumbles after weaker ADP data.
Gold Holds Key Support As Soft U.S. Data Strengthens Fed Rate-Cut Outlook
Gold holds key support as soft U.S. data and cooling inflation boost expectations for Fed rate cuts.
Weak Labor Market Supports Outlook For Another Rate Cut
Markets were already expecting that the Federal Reserve would cut interest rates again at next week’s policy meeting ahead of yesterday’s ADP estimate of private non-farm payrolls for November.
Gold Analysis: New Record Bullish Path
Gold continues its strong bullish trend, trading near $4200 amid USD weakness and rising rate cut expectations, with technical signals pointing to a potential breakout toward record highs.