Earnings Season Kicks Off Strong, Oil Markets on Edge

Summary United States: Economic Data More Rice & Beans than Steak & Eggs Markets chewed on an array of economic data this week, and what was served was mostly gristle. A weak retail sales print suggests that consumers may finally be feeling some spending fatigue. Markets also received a three-course housing market update which painted […]

Gold prices have stabilized around $2170.00 per troy ounce after two days of decline. Investors are taking a pause ahead of an important US inflation indicator report due this week, which could provide insights into the future direction of the Federal Reserve’s monetary policy. The Core PCE index data, an inflation measure closely watched by […]

The major indices in Europe and the US across traded rangebound near their ATH levels and the US dollar index fluctuated a touch above the 105 level ahead of the US and European inflation updates that will start flowing in today. The major story of Monday was a renewed rally in Gamestop and AMC shares […]