Nvidia Earnings Blowout Ripples into the Nasdaq 100, US AAA Rating Cut Risk Brews
Nvidia Earnings Blowout Ripples into the Nasdaq 100, US AAA Rating Cut Risk Brews
Nvidia Earnings Blowout Ripples into the Nasdaq 100, US AAA Rating Cut Risk Brews
Minutes from the Fed’s May meeting showed a tilt toward a less hawkish stance, but news of these deliberations did not provoke a major reaction in the markets, with traders focused on the U.S. debt limit drama.
USD/JPY has slipped back a little as a deal remains elusive in Congress. The pair remains in clear uptrend though.
USD/ZAR is up roughly 0.5% today after slowing SA inflation and uncertainty around the US debt ceiling weighs on the rand ahead of the SARB rate decision tomorrow.
Gold continues to stall around $1,975/oz. with resistance fueled by US debt ceiling fears and soaring short-term US bill yields.
Outlook on FTSE 100, DAX 40 and S&P 500 amid ongoing US debt ceiling negotiations.
Oil prices have enjoyed a positive rally this week with production fears ramped up as the OPEC+ meeting looms. Are we in for further production cuts from OPEC+?
GBP/USD rallied on the back of sticky inflation figures particularly from the core metric pushing cable above the 1.24 support handle.
The New Zealand dollar tumbled after the Reserve Bank of New Zealand (RBNZ) raised its benchmark rate by 25 basis points, in line with expectations, but signalled it may be done with tightening.
The US Dollar ticked higher with Treasury yields to start this week, but the debt ceiling debacle loiters as a potential catalyst for market action. Will the DXY Index rally continue?