Alphabet’s earnings beat lifts the S&P500 to fresh record highs
Equity traders apprehended the lasted round of earnings from the tech juggernaut, Google, with optimism and the S&P500 extended its rise as a consequence, capturing fresh historic highs. Alphabet’s second quarter earnings data underscored the company’s strong financial health yet again but further broadcasted that the tech giant safeguards its position as a leader in […]
Trade uncertainty clouds crude oil demand prospects
Technical Analysis of Oil WTI Chart – Crude futures remain rangebound as traders await for more trade deals data WTI futures continue to gyrate aimlessly between the $64.50 (S1) and $68.50 (R1) per bounds as traders scavenge for data to help them assess what may come next. Given the lack of catalysts and therefore volatility, […]
Wait and see ECB?
The European Central Bank’s rate decision will, without a doubt, be the main attraction of today’s session and traders will pay close attention, not only to the policy decision alone, but also to the forward guidance and projections of policymakers for the foreseeable future. The ECB has been steadfastly slashing its policy rates over the […]
US and Japan reach trade deal
President Trump’s most recent post lifted optimism for the auto sector since the US and Japan have reportedly reached a trade deal that includes a 15% tariff on Japanese exports towards the US. The originally proposed tariff rate was 25% and the deal is considered a major advancement in trade relations between the US and […]
Corporate earnings topple estimates yet stock rally wanes
Robust consumer strength has been powering the equity rally this earnings season and demand for risky assets remains elevated albeit mounting macro concerns on trade, monetary policy and geopolitical fronts. So far, about 12% of S&P500 companies have reported earnings and approximately 85% of these companies’ earnings results exceeded analysts’ EPS expectations. Big banks made […]
Gold’s Weekly Update: Gold’s price remains stable for now
Gold’s price has remained relatively stable since our last report. In the current report we are to have a look at various fundamental issues such as the inactive negative correlation of the USD with gold, the Fed’s stance and Trump’s tariff intentions. We are to conclude the report with a technical analysis of gold’s daily […]
Week Ahead schedule
Let’s have a look ahead on what to expect this week: Tuesday: We highlight the Reserve Bank of Australia’s latest meeting minutes released early in the Asian session and the speeches from Fed Chair Powel, ECB’s President Lagarde and BoE’s Governor Bailey. On the earnings front we note, Coca Cola, Philip Morris, General Motors, Lockheed […]
Cryptocurrencies rally on breakthrough stablecoin-legislation news
The Trump administration stands at the precipices of passing a monumental, landmark bill that could, not only, safeguard the economic future of US citizens, but also lead them to prosperous wealth. At least that’s what the plan entails. President Trump promised to make America the “crypto capital of the world” during his election campaign and […]
Wall Street thrived amidst Trump’s tariff-induced volatility
The banking industry in US managed to showcase yet again their resiliency amidst turbulent times, as they toppled analysts’ estimates and kept investors optimistic with their outlooks, giving at the same time a positive push start to this year’s, second-quarter earnings cycle. The banking industry in US managed to showcaseGoldman Sachs surprised analysts with higher […]
ASML disappoints with its forward guidance
Europe’s largest chipmaking equipment manufacturer announced its second quarter earnings data earlier today and albeit toppling both of its EPS and revenue targets its share price slumped by over 7% as the company issued a dire growth warning for 2026. The Netherlands based company reported sales of 7.69 billion euros for the second quarter of […]
June’s US inflation seen accelerating
Without a shadow of doubt, markets’ attention will gravitate towards the latest inflationary update from the United States for the month of June, which would elucidate whether the Federal Reserve would maintain its restrictive stance for longer or rather pivot towards looser financial conditions, in the immediate future. According to expectations, market consensus points to […]
Gold’s Weekly Update: Gold sideways motion maintained
There has been little change for gold’s price since our last report, implying a continuance of the wait and see stance on behalf of market participants. In today’s report we are to examine gold’s correlation with other trading instruments, the latest developments in Trump’s trade wars and also any financial releases that could affect gold’s […]
China’s exporting mechanism shows no signs of slowing down
Chinese goods are in high demand, recording a massive, half a trillion-dollar surplus in the first 6 months of 2025, as Chinese firms and factories managed to circumvent US tariffs by drastically increasing sales to other nations and counter the projected adverse effects. The report showcased that exports continue to outpace imports and beat analysts […]
New deadline, new tariff levies
As we move past the July 9th deadline which marked the end of the 90-day pause, we observe President Trump unleashing renewed tariff threats on the nations that failed to sign the drafted trade agreements, with higher rates and harsher implications. The President has now postponed the original deadline and gave another 3 weeks for […]
NVDA joins the $4Tr club
The posterchild of the AI revolution, Nvidia, continues to smash record high after record high, and push the boundaries of equity valuations, by officially becoming the first public company to reach a $4 trillion dollar market capitalization. The AI-chipmaker juggernaut has proven to be the most reliable paly in institutional investors’ portfolios since the start […]
Copper strikes record highs after Trump’s renewed tariff plan
Last week, copper prices surged to a three-month high, extending their longstanding rally, amid tightening global supply fears and a rush by exporters to redirect shipments to the US ahead of potential import duties. Yesterday traders flooded the market with bids and pushed copper prices to a historic high of $5.88 per pound, swiftly reacting […]
RBA holds its horses
Earlier today in the Asian session, the Reserve Bank of Australia took the markets by surprise, as it decided to keep its key cash rate intact at the 3.85%, abstaining from a 25bps rate reduction with the committee opting for caution amidst uncertain trade conditions. Even though policymakers noted that inflation has been trading within […]
Week Ahead schedule:
Let’s have a look ahead on what to expect this week: Monday: We note Eurozone’s retail sales updates and the speculative net positions releases from the CFTC. Tuesday: We highlight the Reserve Bank of Australia’s interest rate decision early in the Asian session, the EIA’s short term energy outlook report and Canada’s Ivey PMI for […]
The resiliency of the US labour market
Job growth in the US once again surprised gloomy forecasters and supressed worries for an imminent downturn in world’s largest economy, as the latest NFP print once again broadcasted resiliency, despite the restrictive monetary policy environment, created by the Fed. The jobs report for June showcased that 147k new jobs were created, toppling the 110k […]
US payrolls data inbound
Without a shadow of the doubt, the main event of the day is the Non-Farm Payrolls print for the month of June, which is going to showcase the strength of the US labour market and provide valuable clues for policymakers’ projection models. According to market forecasts, the unemployment is expected to uptick by a tenth […]