The price of gold appears to be on track the test the monthly low ($1617) as it reverses ahead of the 50-Day SMA ($1680). Read More

Short- and medium-term outlook for GBP/USD remains gloomy amid recession fears, rising inflation and tighter financial conditions. Read More

The US Dollar is climbing after completing a double top formation last week, and focus shifts to the Fed’s Wednesday rate decision as markets try to see what’s around the next corner. Read More

Equities pull back as traders await the Fed, PMIs, and NFP data later this week. Read More

EUR/USD remains conflicted as declining economic growth couples with rampant inflation to further thwart matters for the ECB. Read More

Spot gold recorded its seventh consecutive month of losses. Can we stave off a drop below $1600? Read More

<p> Credit Suisse (NYSE:CS), a Swiss banking giant, <a href=”https://www.credit-suisse.com/media/assets/corporate/docs/about-us/media/media-release/2022/10/q3-22-press-release-en.pdf”>announced</a> a significant quarterly loss of $4.09 billion on Thursday, exceeding the analytical forecasts. In addition, it has presented a major strategic overhaul, including raising fresh capital of $4 billion and slashing 9,000 jobs.</p><p class=”MsoNormal”>Analysts had expected the Swiss bank’s loss to reach 567.93 million Swiss francs. However, it turned out […]

The Australian dollar is trading marginally stronger this morning after solid retails sales numbers complicate the RBA’s rate decision tomorrow. Read More

Read our article to learn more about the Russell 2000 Index Read More

A quiet start to what will be a busy week with three major central bank decisions and the monthly US jobs report. Read More