myway1985

Gold Gold price remains in red for the third straight day and fell to the lowest since May 15 during early European session on Thursday, in extension of Wednesday’s 1.75% drop. Fed minutes, released late Wednesday, showed that the US central bank believes that inflation will cool further over the ti

EUR/USD bounces back from 1.0800 as preliminary Eurozone Composite PMI for May beats estimates. The ECB is anticipated to reduce interest rates three times by the year-end. The US Dollar edges down on firm Fed rate-cut prospects for September. EUR/USD witnesses a stellar buying interest after postin

Short Term Elliott Wave in S&P 500 ETF (SPY) suggests the rally from 4.20.2024 low is in progress as an impulse. Up from 4.20.2024 low, wave ((i)) ended at 510.75 and dips in wave ((ii)) ended at 499.49. The ETF has extended higher in wave ((iii)) with internal subdivision as another impulse in

Federal Reserve’s (Fed) Christopher Waller gave a C+ to the latest US inflation data, saying that it’s ‘far from failing but it’s not stellar’. Equity investors, however, continue giving the US stock indices a big, fat A+ on robust earnings, yes, but also on hope that the Fed could cut rates one, or

European stocks edged lower on Tuesday following cautious comments from Federal Reserve officials on inflation and the interest rate outlook. In economic releases, the euro area current account surplus increased in March on improving primary income, the European Central Bank reported. The current ac

The week kicked off with quite a solid appetite, especially for commodities. Gold and copper advanced to fresh record while silver soared past $32 for the first time in more than a decade. The gold-silver ratio, also called the mint ratio, tanked to the lowest levels since January 2022 as gains in s

Markets Markets took a slow start to the new trading week. An empty eco calendar facilitated the status quo. Cleveland Fed Mester said that inflation risks moved up in Q1 while the economy was a little bit stronger than anticipated. Given that she wasn’t on the median path (3 rate cuts) in March, sh

Federal Reserve (Fed) Vice Chair of the Board of Governors Phillip Jefferson said on Monday that they will assess incoming data, evolving outlook and balance of risks to set appropriate stance of policy rate, per Reuters. Fed officials take on cautious tone on policy after April inflation report. Ke

عندما يقرر الفرد الانتقال إلى مرحلة التقاعد المبكر، يتغير الكثير في حياته، بما في ذلك الأمور المالية. قد يكون لديه قرض عقاري لسداده، وقد تحتاج حساباته المالية إلى إعادة تقييم وتحديث، وهنا يأتي دورإعادة جدولة القرض العقاري بعد التقاعد المبكر كاستراتيجية مالية ذكية ومفيدة. ما هو تقاعد مبكر؟ تقاعد مبكر

French stocks eked out modest gains on Monday while European sovereign bond yields edged up as investors reacted to the latest comments from Fed and ECB officials. The benchmark CAC 40 was up 22 points, or 0.3 percent, at 8,189 after falling 0.3 percent on Friday. ECB Governing Council member Martin

Rate cut hopes triggered by the smaller-than-expected increase in consumer prices in April in the U.S. faded, leading to mixed sentiment in world markets. Not-so-dovish comments from central bank officials also weighed on sentiment. Markets now await Fed Chair Jerome Powell's speech on Sunday and th