Crude Oil Oil dropped in today’s session as a rally driven by supply disruptions left gains looking overdone, and a US industry report pointed to a rise in stockpiles. Brent fell 0.6% toward $108 a barrel, after rising 4% over the previous two sessions, while WTI was down 1%, near $105. The
US Dollar
US Markets US Markets rallied on Thursday with the S&P 500 and Nasdaq 100 closing above 1%. Today, stock futures were little changed as traders looked ahead to August’s big payrolls report. US stocks rallied on Thursday, supported by Treasury yields pulling back. This was after Federal Reserve Governor Christopher Waller said he would consider […]
US Equities Hold Gains as Softer CPI Eases Fed Tightening Concerns – Comments from Century Financial
U.S. Markets U.S. equities remain supported after July CPI broadly matched expectations, easing concerns around inflation and near-term Fed policy. The S&P 500 closed 0.2% higher yesterday and is trading near $7,756 (+0.15%) today, while the Nasdaq 100 climbed 0.56% and is up 0.28% in early trading today. July CPI rose 0.1% MoM and 3.4% […]
U.S. Markets The SPX index is trading at $7,753 today and remains relatively flat, with the Nasdaq 100 trading at $29,660, as investors weigh easing hopes around the Strait of Hormuz against renewed uncertainty over U.S.-Iran negotiations. Brent crude remains elevated near $90 after climbing almost 4% yesterday, keeping pressure on equities and raising inflation […]
Gold and Silver Gold and silver are trading higher today, with gold up 0.35% and silver up around 1% at the time of writing. Gold is holding above the $4,300 level after gaining around 7% last week, its strongest weekly performance since January. The move continues to be supported by softer US labor-market data, which […]
Gold and Silver Gold has resumed its downtrend in today’s session, after edging up slightly higher in yesterday’s session as Trump announced a halt on the Iran attacks. It is trading at $4,050 and is down almost 0.6%. Inflation concerns still persist, as WTI oil stands at $81.60, nearly 15% higher than last month, overshadowing […]
US Markets US equity markets continued their reversal on Thursday, with the SPX index rising 0.34% and the NDX index rising 0.49% by close. Both indices are continuing their rise during Friday’s Asian session, rising 0.27% and 0.32%, respectively. The rebound was fueled by a series of upbeat macroeconomic data releases yesterday. US Q3 GDP […]
US Markets After touching record highs last week, the S&P 500 index closed 0.33% lower, with Friday relatively flat. Monday’s Asian session is seeing further weakness with the SPX trading 0.85% lower and the NDX trading 1.07% lower. The markets will be closed in the US today in observance of Martin Luther King Jr. Day, […]
The US dollar rally has steadied after recent gains, with EURUSD rebounding from 1.1469 to 1.1552 before the greenback found support. The 1.1550–1.1575 range remains key resistance, while USDJPY holds near 153.50 after rejecting a brief dip to 152.82. Despite softer risk sentiment, FX volatility remains low, with USDJPY one-month vols near 18-month lows, suggesting […]
The US dollar has broken lower in places, but will the move have legs or just prove the latest red herring for trend followers? USDJPY bears at least have some fresh support from the reversal in US treasury yields. The weak USD – is this the beginning of a breakdown? It is too early to […]
The market is still overestimating Fed easing even while the Fed is defying dovish expectations. S&P Global preliminary September PMIs came in above forecasts, indicating that the economy is still doing well. Fed representatives will make an effort to temper their dovish remarks. Amidst growing concerns of a recession, the US Dollar Index (DXY), which […]
US dollar has ceased its upward trajectory since the release of US economic data indicating a slowdown in consumer prices. This data has reinforced expectations that the Federal Reserve is likely begin cutting interest rates at its September meeting. This data has fuelled speculation that the Federal Reserve is likely to start rate cut September […]














