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Important Economic News Calendar: October 21 – October 25, 2019

The markets remained surprisingly calm last week, despite worse than expected U.S. economic data releases. The third-quarter earnings season along with Brexit play may have overweighed the data pessimism. This week, we will have some potentially moving news releases along with...

Important Economic News Calendar: November 18 – November 22, 2019

The Fed’s Powell testimony on the economy before Congress pushed stock prices higher last week. And it was worth paying attention to that news. But will the next set of economic data confirm the bullish outlook? Investors will have to focus on Wednesday&CloseCu...

Market News Report: March 23, 2020 - March 27, 2020

It has happened again. The scheduled economic data releases were much less important than virus crisis news last week. However, the coming releases are starting to show a severe economic downturn. So, markets will likely pay more attention to the economic data releases in the ...

Daily Gold News: Tuesday, June 23 – Gold Close to Yearly High Again

The gold futures contract gained 0.76% on Monday, as it extended its Friday’s advance of 1.3%. The market has remained above the price level of $1,750. Last week’s Powell ’s testimonies on Wednesday, Thursday and his Friday&Cl...

Market News Report: December 16 – December 20, 2019

The markets were pretty quiet early last week ahead of Wednesday’s FOMC Rate Decision announcement. But it didn’t move them that much. All changed on Thursday following Donald Trump’s tweet about the coming trade deal. It set the...

Market News Report: February 17, 2020 - February 21, 2020

The financial markets continued trading in a risk-on mode last week, as China virus fears were easing and economic data was supporting Fed’s easy monetary policy. This week we will have another series of quite important economic data releases. Let&CloseCurlyQuo...

Market News Report: May 18 - May 22, 2020

We’ve got another series of bad economic data releases last week following global economic lockdown. But will we get a meaningful downward correction after over-month-long rallying in stocks? This week the markets will await another Fed Chair Powell speech al...

Market News Report: April 20, 2020 - April 24, 2020

Last week’s economic data releases have continued revealing coronavirus damage to the economy. Thursday’s weekly Unemployment Claims number has surpassed 5 million, but it was a little lower than expected. However, the markets remained relativ...

Daily Gold News: Monday, June 22 – Gold Closer to Medium-Term High

The gold futures contract gained 1.27% on Friday, as it broke slightly above the price level of $1,750. Last week’s Powell ’s testimonies on Wednesday, Thursday and his Friday’s speech didn’t bring any new surp...

Snap Shares Rise 30% in a Flash on Positive Q1 Earnings Report

Shares of Snap Inc. traded higher after the company reported Q1/20 earnings and a 20% year-over-year growth in the number of daily active users. After U.S. markets closed yesterday afternoon, Snap Inc. (SNAP:NYSE) announced financial results for the quart...
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