Analysis ahead and after the Federal Reserve announcement and the impact of Powell’s press conference impact on gold, equity indices and currencies
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MARKET REPORT(Unburdened by what has been) Glasgow Bourse 1876 You were found in clear conditions. But you’re handsome in the Fog. Day in Review: Today:(Kamalanomics: Govt-manipulated data with un-reported historic downward revisions to make the economy look more favorable): DATA:– The Fed’s favorite inflation indicator – Core PCE – rose less than expected on a…
The Dow Jones Index (US30) fell by 0.71% by the end of Wednesday. The S&P 500 Index (US500) declined by 0.53%. The tech-heavy Nasdaq Index (US100) closed lower by 0.93%. Investors evaluated mixed corporate earnings reports and new trade risks following reports that the White House is considering restricting the export of American software to…
The Coinbase (COIN) chart shows that, for the first time in 2025, the share price has fallen below the psychological $250 level. Bearish factors impacting COIN: One key factor driving negative sentiment is the confirmed hack of the ByBit cryptocurrency exchange, raising concerns about deposit security in the industry. According to media reports:→ The attack…
Eurozone PMI Manufacturing was finalized at 48.8 in December, down from November’s 49.6 and marking a nine-month low. Regional divergence remained pronounced. Greece (52.9) and Ireland (52.2) stayed in expansion, while the Netherlands held just above 50 at 51.1. France surprised on the upside at 50.7. However, weakness in the core was decisive, with Germany…
Let’s kick off a quick recap of the year for the U.S. dollar. Because it is the global reserve currency and the U.S. financial system is the largest and “safest” in the world, movements in the U.S. dollar and U.S. yields are massively influential across the broad financial markets. So, it’s usually a good practice…
Totality (ex-Saxo Australia) appoints new CEO This week, Totality, formerly known as Saxo Australia, appointed Rasmus Korfits as its new Chief Executive Officer. His promotion comes about a year after the brokerage underwent a change in majority ownership. Korfits has been with the company for more than seven years, making the appointment an internal promotion….