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Read more about the article S&P 500 Flat as Investors Brace for Earnings and Fed Rate Decision
Trading

S&P 500 Flat as Investors Brace for Earnings and Fed Rate Decision

The S&P 500 Index Futures (CME: ES) sits at a crossroads, with cautious pre-earnings and Fed decision jitters looking to test the index’s recent three-week winning. While the index closed…

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January 29, 2024
Read more about the article Harmony Gold Shines on Safe Haven Demand
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Harmony Gold Shines on Safe Haven Demand

Harmony Gold Mining Company Ltd (JSE: HAR) started the week on a high note, rising over 1.7% as safe-haven demand for gold surged due to escalating Middle East tensions. This…

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January 29, 2024
Read more about the article Gold Hints at Technical Breakthrough
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Gold Hints at Technical Breakthrough

The gold spot price (XAUUSD) kicked off the new week with vigour as traders took some risk off the table amid ongoing geopolitical tensions in the Middle East. The heightened…

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January 29, 2024
Read more about the article Oil on the Run as Geopolitical Tension Escalate
Trading

Oil on the Run as Geopolitical Tension Escalate

The WTI futures (NYMEX: CL) are on track for an impressive four-session winning streak, surging to their highest point in nearly three months. The catalyst for this ascent is the…

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January 29, 2024
Read more about the article EURUSD Gasping for Air Ahead of FED Decision
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EURUSD Gasping for Air Ahead of FED Decision

The EURUSD currency pair is feeling the weight of the bearish pressure, with the US Dollar showing resilience at the start of the week, setting the stage for the pivotal…

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January 29, 2024
Read more about the article Cooling PCE Gives Gold Hope Despite Weekly Loss
Trading

Cooling PCE Gives Gold Hope Despite Weekly Loss

Gold Spots (XAUUSD) lustre dimmed this week, down over 0.3% and facing a potential second consecutive week of losses. The subdued performance stems from the mixed bag of December's US…

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January 29, 2024
Read more about the article Can the S&P500 Futures Notch a Fresh Peak?
Trading

Can the S&P500 Futures Notch a Fresh Peak?

The S&P500 Futures (CME: ES) have surged in the current week, notably driven by a robust performance in the tech sector.   Trading 1.08% higher, the index futures appear set for…

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January 29, 2024
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