Junte-se ao PU Xtrader Challenge Hoje

Queremos traders sérios e consistentes. Atenda aos nossos requisitos de negociação e obtenha uma conta de negociação real financiada por nós.

Category Archives: Market Insights

Biden Confident On Debt Ceiling Bill

Written on May 18, 2023 at 6:01 am, by

President Biden is confident in reaching a bipartisan agreement with congressional leaders to elevate the debt ceiling, effectively averting an unprecedented default situation for the United States. This development has sparked a wave of optimism, prompting the dollar to trade higher, while the safe haven commodity gold languishes amid the surge in risk-on sentiment. Meanwhile,Continue Reading

FacebookLinkedInTwitterShare

Positive Progress On U.S. Debt Ceiling Bill

Written on May 17, 2023 at 6:08 am, by

Investors are rotating out of gold en masse on optimism surrounding the U.S. avoiding a default Both President Biden and House Speaker Kevin McCarthy struck an optimistic tone regarding the prospects of reaching a consensus to raise the national debt ceiling and avert a potentially catastrophic default on the debt. As a result, gold pricesContinue Reading

FacebookLinkedInTwitterShare

All Eyes On Biden Meeting Outcome

Written on May 16, 2023 at 6:05 am, by

US Treasury Secretary Janet Yellen has once again emphasised the need to pass the debt ceiling bill before June 1, warning that failure to do so could result in the federal government running out of cash to meet its obligations. President Biden is set to hold a meeting with congressional leaders today to reach aContinue Reading

FacebookLinkedInTwitterShare

Dollar Boosted By Fed’s Hawkish Comments

Written on May 15, 2023 at 5:52 am, by

A bounce in the U.S. dollar has put downward pressure on oil and gold prices Equity markets were stagnant while the dollar has strengthened, driven by hawkish comments from various Fed officials stressing high inflation in the U.S. On the other hand, President Joe Biden and the country’s congressional leaders are going to meet onContinue Reading

FacebookLinkedInTwitterShare

Disney Shares Fall On Losing Of 4M Streaming Subscribers

Written on May 15, 2023 at 5:40 am, by

Elon Musk announced on Thursday that he was stepping down as CEO of Twitter and moving to a product and technical role. Shares of Walt Disney Co fell over 8% after it reported a surprising drop in streaming subscribers, resulting in worries that the company may have sacrificed growth to stem losses. The decline erasedContinue Reading

FacebookLinkedInTwitterShare

Biden-McCarthy Meeting Postponed

Written on May 12, 2023 at 8:26 am, by

Investor sentiment has taken a hit in the market following the postponement of a meeting between U.S. President Joe Biden and the House Speaker to address the looming debt ceiling crisis. The Biden administration is under pressure to pass the debt ceiling bill by June to avoid a potential default on the country’s bills. Meanwhile,Continue Reading

FacebookLinkedInTwitterShare

Soft CPI Give Fed Room To Pause Rates

Written on May 11, 2023 at 5:45 am, by

A lower-than-expected inflation has lent optimism to the markets The latest U.S. inflation figures have provided the Federal Reserve with some respite on its upcoming rate hike decision. The data for April showed a slight drop in inflation to 4.9% from 5%, easing the Fed’s dilemma. As a result, the dollar weakened while equity marketsContinue Reading

FacebookLinkedInTwitterShare

US CPI Shows Signs Of Moderation But Caution Still Advised

Written on May 11, 2023 at 4:24 am, by

Markets have posted a slight rally after inflation came in lower than analyst expectations even as a debt crisis looms. On Wednesday, the U.S. Bureau of Labor Statistics released the year-on-year CPI readings for April, where a rise of 4.9% came in marginally lower than economists’ expectations of 5.0%. Meanwhile, month-on-month core CPI came inContinue Reading

FacebookLinkedInTwitterShare

Markets Calm Before U.S. Inflation Data

Written on May 10, 2023 at 5:41 am, by

Ahead of the release of U.S. CPI, the markets remain subdued as most asset classes saw little change overnight. As investors await the U.S. Consumer Price Index (CPI) and monitor the development of the U.S. debt ceiling, the markets remain subdued. Most of the asset classes saw little change overnight ahead of the U.S. CPI,Continue Reading

FacebookLinkedInTwitterShare

Markets Quietly Await U.S. CPI

Written on May 9, 2023 at 6:08 am, by

The markets are quiet before the U.S. CPI released on Wednesday (10th May). U.S. equity markets moved sideways while the dollar index and gold prices have little change as the market is digesting the renewed banking sector risk as well as developments regarding the U.S. debt ceiling. On the other hand, Australia is set toContinue Reading

FacebookLinkedInTwitterShare

20% de desconto em qualquer desafio. Use o código: EG20

Aceite o Desafio