Gold: Bears Taking a Breather ahead of US CPI Data – FOMC Policy Decision

Gold price edges higher early Wednesday, bouncing off the floor of near term range and remaining without clear direction as markets await fresh signals from key economic events this week. Conflicting technical indicators on daily chart contribute to near term sideways mode, though slight bullish bias to persist as long as the price stays above […]

Market picture US financial markets closed higher on Wednesday despite a rough start to the day. A strong performance from the technology sector helped the crypto market cross the $2 trillion mark, up 3% in 24 hours. The positive sentiment in the market continued into Thursday morning, setting the market up for further gains, potentially […]

TSM announced better-than-expected quarterly results and lifted its growth projections for this year’s revenue. Good news helped limiting the previous day selloff in chip stocks yesterday but couldn’t prevent the S&P500 and Nasdaq 100 from closing Thursday’s session with losses. The S&P500 fell 0.78% and Nasdaq 100 lost almost 0.50%. Nvidia rebounded more than 2.50% […]