The Fed could slow down the pace of rate hikes already in the December meetingPowell: Core PCE likely to come in at lower levels than in SeptemberGold is approaching a…Read More

Bonds rally, puts pressure on Powell. Can he be hawkish enough to push yields higher?The price of oil slides due to China’s covid troubles OPEC+ is expected to keep the output…Read More

Investors worry about the rise of Covid-19 infections in ChinaFOMC Meeting Minutes: The Fed is expected to remain aggressiveSaudi energy minister: OPEC might cut production Investors concerns about the rising…Read More

US yields have been rising after some hawkish Fedtalk last week. This has pressured yield-sensitive gold which now breaks supports. I warned last week that the upside in gold was…Read More

USDCAD rallies as USOIL falls to the levels I talked about yesterday (range low at 81.25). Weakness in oil is related to low demand from China where Covid still remains…Read More

The Fed might not be able to cool down inflation without hurting the economy. This could result in recession. The latest data suggest some parts of the economy are still…Read More

EURUSD lost some ground as missiles hitting Poland drove the dollar higher intraday. The sharp move lower intraday in the EUR and other risky assets was caused by two missiles…Read More

Gold hit my T1 at 1780. I said yesterday how the FTX bankruptcy has created inflows into gold products. This dynamic helped gold to rally to my target level. Now…Read More

FTX filed for bankruptcy on Friday creating outflows from the crypto markets and inflows in traditional safe-haven assets like gold. The company has over 100,000 creditors and billions of dollars…Read More

USD dropped lower and US equity markets rallied the most in 2+ years as lower-than-expected CPI re-fueled the expectations of a Fed pivot. Equities, gold, oil and the dollar counterparts…Read More