Both gold and Bitcoin have experienced significant upsurges recently amid the improved macro-outlook. They are both sensitive to interest rates. The reason behind the scenes is the optimism towards improving liquidity conditions if the Fed does start cutt...
7 months agoStocks retreated on tech wreck: Wall Street pulled back from their record high levels as tech shares fell sharply following Microsoft and Alphabet’s less-than-impressive earnings results. Alphabet tumbled more than 7% due to disappointing Google ad revenu...
7 months agoUS stocks resumed gains: Wall Street climbed after the Fed-induced selloff as traders digested the “no March rate cut” indication. The last few big tech earnings, including Amazon, Meta, and Apple all beat expectations, with Amazon and Meta’s shares soari...
7 months agoWall Street may be poised to potentially reach new heights, while the USD may experience further weakness in the closing days of 2023After a three-month slump, Wall Street rebounded on the wave of AI enthusiasm, recovering most of its losses from August t...
7 months agoCaution Advised as Wall Street Bulls Face Potential Bull Trap amid Fed's Stance on March Rate CutDespite a positive monthly close, doubts loom over Wall Street's bullish momentum as some US big tech earnings failed to meet expectations for the AI-driven r...
6 months agoDespite growing expectations for the Bank of Japan (BOJ) to end the negative interest rates, it is unlikely for the bank to alter its policy this week. Why? One is that the bank is concerned that the move would cause a disruption in the bond markets. The...
6 months agoThe US Big Seven tech stocks have amazed investors with their ability to optimize their profitability even in economic hardship. Companies like Amazon, Alphabet, Microsoft, and Meta Platforms all grew their year-on-year revenue by a double-digit percentag...
6 months ago